TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0202%/8h= −22.1% APRnext payment −$1.01 per $10,000 · paid last 24h −0.019%

Price spread now: edgeX against Bitget+0.026%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$520.521% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.026%, 7d avg −0.007%

Together, before fees−0.048%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.033% dearer against Bitget than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.007%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.107% in total) that is about 2.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TRUMPUSDT	2.1470	0.0100	pay 0.0050% / 4h	2h 47m	$15.5M	$26.4M	75x
Short	edgeX TRUMPUSDC	2.1476	−0.0102	pay 0.0051% / 4h	2h 47m	$105K	$264K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee edgeXbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$42.32
Price spread: +0.026% → −0.007%: $3.27
Slippage, 4 orders: −$31.11
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$91.16
Costs to cover: 0.521%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, just now.

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 Bitget live order book, 2 min ago	2.32 bp	10.8 bp −$11	15.1 bp −$151	42.9 bp −$4,289	doesn't fit
Sell edgeX live order book, just now	6.99 bp	14.4 bp −$14	40.4 bp −$404	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	−0.1827%	1h	2.1360	−0.512%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0552%	1h	2.1465	−0.023%	$84	$6K	5x	as long as short
Lighter TRUMP	−0.0472%	1h	2.1461	−0.042%	$949K	$994K	10x	as long as short
Bybit TRUMPUSDT	−0.0305%	4h	2.1460	−0.047%	$30.5M	$51.0M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1462	−0.040%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0232%	8h	2.1475	+0.021%	$5K	$175	5x	as long as short
Extended TRUMP-USD	−0.0216%	1h	2.1459	−0.050%	$74K	$718K	25x	as long as short
Binance TRUMPUSDT	−0.0215%	4h	2.1459	−0.053%	$60.6M	$246.8M	75x	as long as short
Gate TRUMP_USDT	−0.0178%	4h	2.1480	+0.047%	$7.7M	$52.3M	75x	as long as short
Variational Omni TRUMP	−0.0123%	4h	2.1531	+0.285%	$665K	$437K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDCshort	−0.0102%	4h	2.1476	+0.026%	$105K	$264K	20x
Deribit TRUMP_USDC-PERPETUAL	−0.0076%	1h	2.1483	+0.061%	$404K	$72K	10x	as long as short
dYdX TRUMP-USD	−0.0027%	1h	2.1506	+0.168%	$27K	$506	5x	as long as short
Orderly PERP_TRUMP_USDC	−0.0025%	4h	2.1460	−0.047%	$5K	$214K	10x	as long as short
GRVT TRUMP_USDT_Perp	−0.0024%	4h	2.1530	+0.279%	$180K	$4.7M	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0013%	4h	2.1460	−0.047%	$27.3M	$178.9M	50x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1489	+0.088%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1460	−0.047%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0025%	4h	2.1450	−0.093%	$4.2M	$644K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1481	+0.051%	$13.6M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1494	+0.111%	$404K	$801K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1503	+0.154%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1460	−0.047%	$399K	$147K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1490	+0.093%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDTlong	+0.0100%	4h	2.1470	long leg	$15.5M	$26.4M	75x
SunX TRUMP-USDT	+0.0100%	4h	2.1500	+0.140%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1500	+0.140%	$489K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1487	+0.081%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0198%	1h	2.1500	+0.142%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0337%	1h	2.1547	+0.359%	$381K	$404K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1600	+0.605%	$281K	$305K	50x	as long as short