TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.62 per $10,000 · paid last 24h −0.066%

Price spread now: SunX against BloFin0.000%55s7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$192as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1731.728% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.190%−$19 on $10k

Price spread, last 4 days (all we have)+0.142%+$14 · spread now 0.000%, 7d avg +0.099%

Together, before fees−0.048%−$5 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 SunX is 0.099% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.099%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRUMP-USDT	2.1570	0.0224	pay 0.0112% / 4h	11m 42s	$4.2M	$684K	75x
Short	SunX TRUMP-USDT	2.1570	0.0100	get 0.0050% / 4h	11m 42s	$2K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$26.09
Price spread: 0.000% → +0.099%: −$9.91
Slippage, 4 orders: −$152.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$208.8
Costs to cover: 1.728%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; SunX: live order book, 3 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, 2 min ago	2.32 bp	8.3 bp −$8	11.0 bp −$110	33.7 bp −$3,370	139.8 bp −$69.9K
Sell SunX live order book, 3 min ago	32.48 bp	93.3 bp −$93	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	−0.1690%	1h	2.1420	−0.695%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1571	+0.006%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0109%	1h	2.1565	−0.023%	$94	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0040%	4h	2.1590	+0.093%	$7.6M	$51.1M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0028%	1h	2.1575	+0.023%	$406K	$72K	10x	as long as short
Variational Omni TRUMP	−0.0026%	4h	2.1531	−0.180%	$665K	$488K	—	as long as short
Binance TRUMPUSDT	−0.0018%	4h	2.1583	+0.060%	$60.6M	$241.9M	75x	as long as short
Extended TRUMP-USD	−0.0016%	1h	2.1579	+0.042%	$74K	$721K	25x	as long as short
edgeX TRUMPUSDC	−0.0005%	4h	2.1545	−0.114%	$105K	$265K	20x	as long as short
dYdX TRUMP-USD	−0.0002%	1h	2.1586	+0.075%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	0.0000%	1h	2.1580	+0.046%	$955K	$957K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1577	+0.033%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0038%	8h	2.1570	+0.002%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0044%	4h	2.1560	−0.046%	$4K	$202K	10x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1555	−0.069%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1592	+0.102%	$14.3M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1593	+0.104%	$423K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1588	+0.083%	$186K	$53K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1580	+0.046%	$30.6M	$49.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1570	0.000%	$27.3M	$173.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1580	+0.046%	$406K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1590	+0.093%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1580	+0.046%	$15.6M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1600	+0.139%	$339K	$361K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1529	−0.190%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1570	0.000%	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1590	+0.093%	$504K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1580	+0.046%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1599	+0.136%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDTlong	+0.0224%	4h	2.1570	long leg	$4.2M	$684K	75x
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1580	+0.046%	$279K	$276K	50x	as long as short