TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against Extended+0.298%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$560.558% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.298%, 7d avg +0.063%

Together, before fees−0.002%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.236% dearer against Extended than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TRUMP-USD	2.2165	0.0104	pay 0.0013% / 1h	2m 16s	$79K	$600K	25x
Short	Pacifica TRUMP	2.2231	0.0100	get 0.0013% / 1h	2m 16s	$193K	$55K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now +0.298%Rate

Funding earned: −$0.84
Price spread: +0.298% → +0.063%: $23.56
Slippage, 4 orders: −$42.83
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$33.1
Costs to cover: 0.558%
Break-even: never at this rate

Slippage from Extended: live order book, 6 min ago; Pacifica: live order book, 6 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 Extended live order book, 6 min ago	4.46 bp	7.5 bp −$7	29.4 bp −$294	doesn't fit	doesn't fit
Sell Pacifica live order book, 6 min ago	10.70 bp	23.2 bp −$23	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	−0.1608%	1h	2.2180	+0.068%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2161	−0.016%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2216	+0.231%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2185	+0.091%	$416K	$78K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2195	+0.135%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2432	+1.205%	$109K	$263K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0083%	8h	2.2167	+0.008%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0093%	4h	2.2180	+0.068%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2235	+0.316%	$986K	$783K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.2190	+0.113%	$14.4M	$6.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.2158	−0.033%	$462K	$837K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.2231	+0.298%	$193K	$55K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.2190	+0.113%	$64.2M	$229.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2180	+0.068%	$31.5M	$46.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2180	+0.068%	$28.8M	$163.7M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2170	+0.023%	$7.9M	$49.3M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2170	+0.023%	$478K	$134K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2170	+0.023%	$4.2M	$10.8M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2160	−0.022%	$16.0M	$23.0M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2321	+0.704%	$710K	$441K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2373	+0.939%	$184K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2180	+0.068%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2155	−0.045%	$82	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2220	+0.249%	$576K	$1.9M	50x	as long as short
Extended TRUMP-USDlong	+0.0104%	1h	2.2165	long leg	$79K	$600K	25x
Aevo TRUMP-PERP	+0.0104%	1h	2.2237	+0.326%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2195	+0.135%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2210	+0.203%	$4.3M	$675K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0448%	1h	2.2234	+0.312%	$260K	$302K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.2230	+0.294%	$292K	$286K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0777%	1h	2.2182	+0.077%	$1.3M	$2.6M	50x	as long as short