TRUMP

Alert: funding

Alert: spread

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: OKX against edgeX−0.085%101s7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as 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−$430.428% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 3 days (all we have)+0.039%+$4 · spread now −0.085%, 7d avg −0.008%

Together, before fees+0.149%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.077% cheaper against edgeX than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.008%). If the spread goes back, that is −$8 on $10k: about 5.1 days of funding at the current rate (+$2 a day). The two prices were read 101 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	2.1758	0.0050	pay 0.0025% / 4h	3h 45m	$118K	$250K	20x
Short	OKX TRUMP-USDT-SWAP	2.1740	0.0100	get 0.0050% / 4h	3h 45m	$26.9M	$152.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.085%Rate

Funding earned: $10.5
Price spread: −0.085% → −0.008%: −$7.65
Slippage, 4 orders: −$23.75
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$39.9
Costs to cover: 0.428%
Break-even: 33.6 days

Slippage from edgeX: live order book, 26 min ago; OKX: 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, 26 min ago	6.87 bp	14.3 bp −$14	38.6 bp −$386	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.30 bp	7.3 bp −$7	12.1 bp −$121	50.2 bp −$5,016	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	−0.1608%	1h	2.1640	−0.544%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1724	−0.157%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1767	+0.038%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1726	−0.149%	$407K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1726	−0.150%	$41K	—	150x	as long as short
edgeX TRUMPUSDClong	+0.0050%	4h	2.1758	long leg	$118K	$250K	20x
Orderly PERP_TRUMP_USDC	+0.0095%	4h	2.1720	−0.177%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1724	−0.158%	$965K	$756K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1755	−0.015%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1738	−0.092%	$453K	$836K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.1769	+0.048%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1732	−0.120%	$62.2M	$227.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1730	−0.131%	$30.5M	$44.8M	50x	as long as short
OKX TRUMP-USDT-SWAPshort	+0.0100%	4h	2.1740	−0.085%	$26.9M	$152.5M	50x
Gate TRUMP_USDT	+0.0100%	4h	2.1730	−0.131%	$7.4M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1720	−0.177%	$471K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1740	−0.085%	$4.0M	$10.5M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1740	−0.085%	$15.6M	$22.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1742	−0.077%	$699K	$443K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1770	+0.053%	$181K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1750	−0.039%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1725	−0.154%	$71	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1750	−0.039%	$549K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1731	−0.128%	$75K	$525K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1716	−0.196%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0202%	1h	2.1762	+0.016%	$14.0M	$7.5M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1727	−0.144%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1750	−0.039%	$4.2M	$625K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0387%	1h	2.1745	−0.062%	$258K	$283K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.1760	+0.007%	$281K	$382K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0792%	1h	2.1753	−0.025%	$1.3M	$2.6M	50x	as long as short