Funding you earn now, next payment 12:00 UTC−0.0131%/8h= −14.4% APRnext payment −$0.66 per $10,000 · paid last 24h −0.071%
Price spread now: edgeX against BloFin−0.483%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days−0.408%−$41 on $10k
+Price spread, last 4 days (all we have)+0.471%+$47 · spread now −0.483%, 7d avg −0.006%
=Together, before fees+0.063%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.477% cheaper against BloFin than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRUMP-USDT | 2.1710 | 0.0014 | pay 0.0007% / 4h | 3h 20m | $4.3M | $693K | 75x |
| Short | edgeX TRUMPUSDC | 2.1605 | −0.0117 | pay 0.0059% / 4h | 3h 20m | $105K | $253K | 20x |
BloFin TRUMP-USDT
edgeX TRUMPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$27.54
- Price spread: −0.483% → −0.006%
- −$47.71
- Slippage, 4 orders
- −$41.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$137.92
- Costs to cover
- 0.627%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; edgeX: live order book, 12 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 BloFin live order book, 3 min ago | 6.93 bp | 20.4 bp −$20 | 22.0 bp −$220 | 35.4 bp −$3,539 | 200.0 bp −$100.0K |
| Sell edgeX live order book, 12 min ago | 7.01 bp | 14.7 bp −$15 | 40.5 bp −$405 | 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 | −0.1829% | 1h | 2.1350 | −1.658% | $12K | $157K | 12x | as long as short |
| Variational Omni TRUMP | −0.0317% | 4h | 2.1682 | −0.130% | $673K | $419K | — | as long as short |
| Bybit TRUMPUSDT | −0.0317% | 4h | 2.1670 | −0.184% | $31.2M | $51.6M | 50x | as long as short |
| SoDEX TRUMP-USD | −0.0250% | 1h | 2.1695 | −0.069% | $68 | $6K | 5x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0246% | 4h | 2.1680 | −0.138% | $27.2M | $183.4M | 50x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1682 | −0.130% | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.0225% | 4h | 2.1679 | −0.143% | $63.3M | $248.2M | 75x | as long as short |
| Extended TRUMP-USD | −0.0224% | 1h | 2.1660 | −0.231% | $74K | $492K | 25x | as long as short |
| Lighter TRUMP | −0.0216% | 1h | 2.1635 | −0.345% | $946K | $993K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0136% | 1h | 2.1680 | −0.138% | $144K | $515K | 50x | as long as short |
Injective TRUMP/USDC PERP
Variational Omni TRUMP
Bybit TRUMPUSDT
SoDEX TRUMP-USD
OKX TRUMP-USDT-SWAP
Reya TRUMPRUSDPERP
Binance TRUMPUSDT
Extended TRUMP-USD
Lighter TRUMP
Coinbase International TRUMP-PERP-INTXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRUMP-USD-PERP | −0.0130% | 8h | 2.1671 | −0.181% | $5K | $175 | 5x | as long as short |
| edgeX TRUMPUSDCshort | −0.0117% | 4h | 2.1605 | −0.483% | $105K | $253K | 20x | |
| Gate TRUMP_USDT | −0.0100% | 4h | 2.1670 | −0.184% | $7.8M | $50.5M | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0089% | 4h | 2.1700 | −0.046% | $5K | $302K | 10x | as long as short |
| KuCoin TRUMPUSDTM | −0.0040% | 4h | 2.1660 | −0.230% | $4.2M | $10.6M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0026% | 1h | 2.1707 | −0.014% | $393K | $76K | 10x | as long as short |
| dYdX TRUMP-USD | −0.0015% | 1h | 2.1691 | −0.089% | $26K | $2K | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1707 | −0.016% | $41K | — | 150x | as long as short |
| Bitget TRUMPUSDT | +0.0012% | 4h | 2.1670 | −0.184% | $15.4M | $26.3M | 75x | as long as short |
| BloFin TRUMP-USDTlong | +0.0014% | 4h | 2.1710 | long leg | $4.3M | $693K | 75x | |
| Aevo TRUMP-PERP | +0.0024% | 1h | 2.1681 | −0.132% | $19K | — | 3x | as long as short |
| MEXC TRUMP_USDC | +0.0074% | 4h | 2.1670 | −0.184% | $403K | $150K | 125x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1663 | −0.216% | $13.7M | $8.0M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1670 | −0.185% | $412K | $679K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1678 | −0.147% | $186K | $54K | 10x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1650 | −0.276% | $178K | $4.2M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1720 | +0.046% | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1710 | 0.000% | $501K | $2.5M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0120% | 1h | 2.1724 | +0.064% | $1.3M | $2.2M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0170% / S −0.0143% | 1h | 2.1707 | −0.014% | $10K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0381% | 1h | 2.1729 | +0.088% | $385K | $422K | 10x | as long as short |
Paradex TRUMP-USD-PERP
Gate TRUMP_USDT
Orderly PERP_TRUMP_USDC
KuCoin TRUMPUSDTM
Deribit TRUMP_USDC-PERPETUAL
dYdX TRUMP-USD
gTrade (Gains Network) TRUMP/USD
Bitget TRUMPUSDT
Aevo TRUMP-PERP
MEXC TRUMP_USDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
Kraken Futures PF_TRUMPUSD
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP