Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.016%
Price spread now: HTX against edgeX−0.146%77s7-day average +0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$620.615% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.146%, 7d avg +0.108%
=Together, before fees+0.329%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.254% cheaper against edgeX than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of +0.108%). If the spread goes back, that is −$25 on $10k: about 17 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.219% in total) that is about 8.1 days. The two prices were read 77 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 | 2.1802 | 0.0050 | pay 0.0025% / 4h | 1h 25m | $106K | $262K | 20x |
| Short | HTX TRUMP-USDT | 2.1770 | 0.0100 | get 0.0050% / 4h | 1h 25m | $533K | $1.9M | 50x |
edgeX TRUMPUSDC
HTX TRUMP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against edgeX. 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
- $10.5
- Price spread: −0.146% → +0.108%
- −$25.41
- Slippage, 4 orders
- −$40.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$76.43
- Costs to cover
- 0.615%
- Break-even
- 58.0 days
Slippage from edgeX: live order book, 37 min ago; HTX: 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 edgeX live order book, 37 min ago | 6.83 bp | 14.6 bp −$15 | 38.1 bp −$381 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 4.59 bp | 22.4 bp −$22 | 37.8 bp −$378 | 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 | −0.1659% | 1h | 2.1620 | −0.834% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1741 | −0.279% | $5 | — | 10x | as long as short |
| Gate TRUMP_USDT | −0.0062% | 4h | 2.1740 | −0.283% | $7.6M | $50.0M | 75x | as long as short |
| Lighter TRUMP | −0.0040% | 1h | 2.1722 | −0.366% | $967K | $795K | 10x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1736 | −0.303% | $27K | $512 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1741 | −0.279% | $409K | $72K | 10x | as long as short |
| SoDEX TRUMP-USD | +0.0003% | 1h | 2.1730 | −0.329% | $84 | $6K | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1745 | −0.263% | $42K | — | 150x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0040% | 8h | 2.1726 | −0.346% | $5K | $175 | 5x | as long as short |
| Bybit TRUMPUSDT | +0.0050% | 4h | 2.1740 | −0.283% | $31.0M | $48.4M | 50x | as long as short |
Injective TRUMP/USDC PERP
Reya TRUMPRUSDPERP
Gate TRUMP_USDT
Lighter TRUMP
dYdX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
SoDEX TRUMP-USD
gTrade (Gains Network) TRUMP/USD
Paradex TRUMP-USD-PERP
Bybit TRUMPUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TRUMPUSDClong | +0.0050% | 4h | 2.1802 | long leg | $106K | $262K | 20x | |
| Orderly PERP_TRUMP_USDC | +0.0073% | 4h | 2.1730 | −0.329% | $4K | $239K | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1774 | −0.128% | $14.4M | $7.6M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1751 | −0.232% | $430K | $827K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1740 | −0.283% | $187K | $55K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.1750 | −0.238% | $62.9M | $237.3M | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1740 | −0.283% | $27.4M | $170.3M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1730 | −0.329% | $417K | $150K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1750 | −0.238% | $4.2M | $11.0M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1750 | −0.238% | $15.5M | $25.1M | 75x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.1721 | −0.373% | $682K | $453K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1750 | −0.237% | $177K | $4.5M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1760 | −0.192% | $1K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDTshort | +0.0100% | 4h | 2.1770 | −0.146% | $533K | $1.9M | 50x | |
| Backpack TRUMP_USDC_PERP | +0.0103% | 1h | 2.1762 | −0.183% | $255K | $319K | 10x | as long as short |
| Extended TRUMP-USD | +0.0104% | 1h | 2.1739 | −0.287% | $115K | $706K | 25x | as long as short |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.1718 | −0.387% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0216% / S −0.0188% | 1h | 2.1739 | −0.286% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0288% | 1h | 2.1761 | −0.186% | $1.3M | $2.2M | 50x | as long as short |
| BloFin TRUMP-USDT | +0.0340% | 4h | 2.1700 | −0.467% | $4.2M | $655K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0504% | 1h | 2.1650 | −0.696% | $280K | $297K | 50x | as long as short |
Orderly PERP_TRUMP_USDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
Backpack TRUMP_USDC_PERP
Extended TRUMP-USD
Aevo TRUMP-PERP
GMX TRUMP/USD [ETH-USDC]
Kraken Futures PF_TRUMPUSD
BloFin TRUMP-USDT
Coinbase International TRUMP-PERP-INTX