Funding you earn now, next payment 08:00 UTC+0.0289%/8h= +31.6% APRnext payment +$1.44 per $10,000 · paid last 24h +0.008%
Price spread now: SunX against Binance+0.272%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1771.772% of the position
Funding, last 7 days+0.225%+$22 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.272%, 7d avg +0.097%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and SunX is 0.175% dearer against Binance than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRUMPUSDT | 2.1491 | −0.0189 | get 0.0094% / 4h | 7m 54s | $60.8M | $249.6M | 75x |
| Short | SunX TRUMP-USDT | 2.1550 | 0.0100 | get 0.0050% / 4h | 7m 54s | $2K | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $60.67
- Price spread: +0.272% → +0.097%
- $17.51
- Slippage, 4 orders
- −$159.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$98.97
- Costs to cover
- 1.772%
- Break-even
- 18.4 days
Slippage from Binance: live order book, 6 min ago; SunX: live order book, 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 2.33 bp | 7.3 bp −$7 | 14.4 bp −$144 | 41.6 bp −$4,163 | 322.9 bp −$161.4K |
| Sell SunX live order book, 7 min ago | 32.56 bp | 96.9 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
TRUMP on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.1797% | 1h | 2.1380 | −0.519% | $12K | $157K | 12x | as long as short |
| SoDEX TRUMP-USD | −0.0357% | 1h | 2.1515 | +0.110% | $76 | $6K | 5x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1512 | +0.098% | $5 | — | 10x | as long as short |
| Variational Omni TRUMP | −0.0243% | 4h | 2.1482 | −0.043% | $663K | $423K | — | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0214% | 1h | 2.1534 | +0.198% | $406K | $81K | 10x | as long as short |
| Extended TRUMP-USD | −0.0192% | 1h | 2.1500 | +0.040% | $74K | $496K | 25x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0191% | 4h | 2.1490 | −0.007% | $26.8M | $184.2M | 50x | as long as short |
| Bybit TRUMPUSDT | −0.0189% | 4h | 2.1490 | −0.007% | $30.5M | $52.3M | 50x | as long as short |
| Binance TRUMPUSDTlong | −0.0189% | 4h | 2.1491 | long leg | $60.8M | $249.6M | 75x | |
| Lighter TRUMP | −0.0176% | 1h | 2.1518 | +0.123% | $941K | $1.0M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRUMP-USD-PERP | −0.0104% | 8h | 2.1531 | +0.183% | $5K | $175 | 5x | as long as short |
| Gate TRUMP_USDT | −0.0100% | 4h | 2.1510 | +0.086% | $7.7M | $53.4M | 75x | as long as short |
| edgeX TRUMPUSDC | −0.0094% | 4h | 2.1479 | −0.056% | $105K | $252K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0072% | 4h | 2.1520 | +0.133% | $5K | $278K | 10x | as long as short |
| dYdX TRUMP-USD | −0.0004% | 1h | 2.1552 | +0.282% | $27K | $501 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1546 | +0.253% | $41K | — | 150x | as long as short |
| KuCoin TRUMPUSDTM | +0.0020% | 4h | 2.1520 | +0.133% | $4.1M | $10.8M | 50x | as long as short |
| Aevo TRUMP-PERP | +0.0032% | 1h | 2.1510 | +0.086% | $19K | — | 3x | as long as short |
| BloFin TRUMP-USDT | +0.0052% | 4h | 2.1550 | +0.272% | $4.2M | $690K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0056% | 1h | 2.1330 | −0.751% | $167K | $479K | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0078% | 4h | 2.1520 | +0.133% | $15.3M | $26.9M | 75x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1510 | +0.086% | $13.6M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1524 | +0.149% | $404K | $776K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1551 | +0.275% | $185K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1510 | +0.086% | $399K | $149K | 125x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1497 | +0.024% | $179K | $4.4M | 10x | as long as short |
| SunX TRUMP-USDTshort | +0.0100% | 4h | 2.1550 | +0.272% | $2K | $1.6M | 50x | |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1540 | +0.226% | $495K | $2.5M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0136% / S −0.0098% | 1h | 2.1540 | +0.226% | $9K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0303% | 1h | 2.1550 | +0.272% | $384K | $418K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0597% | 1h | 2.1545 | +0.250% | $1.3M | $2.3M | 50x | as long as short |
Binance TRUMPUSDT
SunX TRUMP-USDT
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Variational Omni TRUMP
Deribit TRUMP_USDC-PERPETUAL
Extended TRUMP-USD
OKX TRUMP-USDT-SWAP
Bybit TRUMPUSDT
Lighter TRUMP
Paradex TRUMP-USD-PERP
Gate TRUMP_USDT
edgeX TRUMPUSDC
gTrade (Gains Network) TRUMP/USD
KuCoin TRUMPUSDTM
BloFin TRUMP-USDT
Coinbase International TRUMP-PERP-INTX
Bitget TRUMPUSDT
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
MEXC TRUMP_USDC
GRVT TRUMP_USDT_Perp
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP
Kraken Futures PF_TRUMPUSD