TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.2% APRnext payment +$0.97 per $10,000 · paid last 24h +0.019%

Price spread now: SunX against edgeX+0.189%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$188as in the Price arb table

costs, in and out, $10k−$1971.967% of the position

Long on edgeX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.218%+$22 on $10k

Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.189%, 7d avg +0.105%

Together, before fees+0.121%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and SunX is 0.084% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.105%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1479	−0.0094	get 0.0047% / 4h	6m 47s	$105K	$252K	20x
Short	SunX TRUMP-USDT	2.1520	0.0100	get 0.0050% / 4h	6m 47s	$2K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.189%Rate

Funding earned: $40.64
Price spread: +0.189% → +0.105%: $8.42
Slippage, 4 orders: −$179.71
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$147.64
Costs to cover: 1.967%
Break-even: 32.4 days

Slippage from edgeX: live order book, 31 min ago; SunX: live order book, 8 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, 31 min ago	9.34 bp	17.9 bp −$18	117.6 bp −$1,176	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	32.56 bp	96.9 bp −$97	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	−0.1797%	1h	2.1410	−0.323%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0370%	1h	2.1495	+0.072%	$76	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0261%	1h	2.1518	+0.179%	$405K	$65K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1502	+0.106%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0243%	4h	2.1482	+0.013%	$663K	$423K	—	as long as short
Bybit TRUMPUSDT	−0.0200%	4h	2.1510	+0.142%	$30.5M	$52.2M	50x	as long as short
Binance TRUMPUSDT	−0.0194%	4h	2.1510	+0.142%	$60.8M	$249.3M	75x	as long as short
Extended TRUMP-USD	−0.0192%	1h	2.1500	+0.095%	$74K	$496K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0189%	4h	2.1510	+0.142%	$26.8M	$184.1M	50x	as long as short
Lighter TRUMP	−0.0184%	1h	2.1513	+0.156%	$940K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0111%	8h	2.1513	+0.154%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0104%	4h	2.1510	+0.142%	$7.7M	$53.4M	75x	as long as short
edgeX TRUMPUSDClong	−0.0094%	4h	2.1479	long leg	$105K	$252K	20x
Orderly PERP_TRUMP_USDC	−0.0074%	4h	2.1500	+0.096%	$5K	$280K	10x	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1531	+0.240%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1526	+0.215%	$41K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0016%	4h	2.1510	+0.142%	$4.1M	$10.8M	50x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1495	+0.072%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0051%	4h	2.1510	+0.142%	$4.1M	$689K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1330	−0.696%	$167K	$479K	50x	as long as short
Bitget TRUMPUSDT	+0.0076%	4h	2.1520	+0.189%	$15.3M	$27.0M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1527	+0.223%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1532	+0.247%	$404K	$776K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1531	+0.240%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1510	+0.142%	$400K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1497	+0.080%	$179K	$4.4M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1520	+0.189%	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1520	+0.189%	$495K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1517	+0.173%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0301%	1h	2.1542	+0.291%	$383K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0597%	1h	2.1528	+0.226%	$1.3M	$2.3M	50x	as long as short