TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.013%

Price spread now: Gate against edgeX+0.114%82s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as 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−$560.559% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 4 days (all we have)−0.296%−$30 · spread now +0.114%, 7d avg +0.007%

Together, before fees−0.156%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.106% dearer against edgeX than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.007%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you. The two prices were read 82 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	edgeX TRUMPUSDC	2.1545	−0.0005	get 0.0002% / 4h	12m 04s	$105K	$265K	20x
Short	Gate TRUMP_USDT	2.1570	−0.0042	pay 0.0021% / 4h	12m 04s	$7.6M	$51.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now +0.114%Rate

Funding earned: −$7.8
Price spread: +0.114% → +0.007%: $10.63
Slippage, 4 orders: −$31.94
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$53.1
Costs to cover: 0.559%
Break-even: never at this rate

Slippage from edgeX: live order book, 45 min ago; Gate: live order book, 2 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 edgeX live order book, 45 min ago	6.97 bp	14.6 bp −$15	38.9 bp −$389	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.32 bp	11.6 bp −$12	26.8 bp −$268	69.8 bp −$6,976	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	−0.582%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1571	+0.120%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0109%	1h	2.1565	+0.091%	$94	$6K	5x	as long as short
Gate TRUMP_USDTshort	−0.0042%	4h	2.1570	+0.114%	$7.6M	$51.1M	75x
Deribit TRUMP_USDC-PERPETUAL	−0.0028%	1h	2.1575	+0.137%	$406K	$72K	10x	as long as short
Variational Omni TRUMP	−0.0026%	4h	2.1531	−0.066%	$665K	$488K	—	as long as short
Lighter TRUMP	−0.0016%	1h	2.1567	+0.100%	$955K	$957K	10x	as long as short
Extended TRUMP-USD	−0.0016%	1h	2.1579	+0.156%	$74K	$721K	25x	as long as short
Binance TRUMPUSDT	−0.0016%	4h	2.1590	+0.207%	$60.7M	$241.8M	75x	as long as short
edgeX TRUMPUSDClong	−0.0005%	4h	2.1545	long leg	$105K	$265K	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USD	−0.0002%	1h	2.1566	+0.095%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1577	+0.147%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0037%	8h	2.1554	+0.039%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0044%	4h	2.1560	+0.067%	$4K	$202K	10x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1555	+0.045%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1598	+0.244%	$14.5M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1582	+0.168%	$423K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1573	+0.128%	$186K	$53K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1580	+0.160%	$30.6M	$49.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1580	+0.160%	$27.3M	$173.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1570	+0.114%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1570	+0.114%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1590	+0.207%	$15.6M	$25.5M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1600	+0.253%	$339K	$361K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1529	−0.076%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1570	+0.114%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1590	+0.207%	$504K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1580	+0.160%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1599	+0.250%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0224%	4h	2.1570	+0.114%	$4.2M	$684K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1580	+0.160%	$279K	$276K	50x	as long as short