TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h −0.019%

Price spread now: edgeX against HTX−0.550%77s7-day average −0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as 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−$670.669% of the position

Long on HTX Short on edgeX

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)+0.529%+$53 · spread now −0.550%, 7d avg −0.104%

Together, before fees+0.311%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.446% cheaper against HTX than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of −0.104%). Swap the legs. 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	HTX TRUMP-USDT	2.1560	0.0100	pay 0.0050% / 4h	10m 07s	$495K	$2.5M	50x
Short	edgeX TRUMPUSDC	2.1442	−0.0092	pay 0.0046% / 4h	10m 07s	$105K	$254K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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 HTXbpFee edgeXbpOrdersPrice spread, now −0.550%Rate

Funding earned: −$40.21
Price spread: −0.550% → −0.104%: −$44.58
Slippage, 4 orders: −$45.92
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$151.72
Costs to cover: 0.669%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; edgeX: live order book, 27 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 HTX live order book, 4 min ago	6.97 bp	17.1 bp −$17	73.6 bp −$736	doesn't fit	doesn't fit
Sell edgeX live order book, 27 min ago	9.34 bp	16.3 bp −$16	83.1 bp −$831	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	2.1380	−0.835%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0349%	1h	2.1545	−0.070%	$76	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1552	−0.036%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0243%	4h	2.1482	−0.360%	$663K	$423K	—	as long as short
Extended TRUMP-USD	−0.0192%	1h	2.1540	−0.094%	$74K	$496K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0190%	4h	2.1540	−0.093%	$26.9M	$184.9M	50x	as long as short
Binance TRUMPUSDT	−0.0189%	4h	2.1550	−0.046%	$60.9M	$250.8M	75x	as long as short
Bybit TRUMPUSDT	−0.0186%	4h	2.1550	−0.046%	$30.6M	$52.4M	50x	as long as short
Lighter TRUMP	−0.0176%	1h	2.1543	−0.079%	$942K	$1.0M	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0104%	8h	2.1502	−0.270%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0100%	4h	2.1540	−0.093%	$7.7M	$53.4M	75x	as long as short
edgeX TRUMPUSDCshort	−0.0092%	4h	2.1442	−0.550%	$105K	$254K	20x
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1561	+0.005%	$406K	$81K	10x	as long as short
Orderly PERP_TRUMP_USDC	−0.0070%	4h	2.1540	−0.093%	$5K	$278K	10x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1526	−0.158%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1555	−0.021%	$41K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0024%	4h	2.1550	−0.046%	$4.1M	$10.8M	50x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1532	−0.130%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0053%	4h	2.1500	−0.278%	$4.1M	$688K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1330	−1.067%	$167K	$479K	50x	as long as short
Bitget TRUMPUSDT	+0.0080%	4h	2.1550	−0.046%	$15.3M	$27.0M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1553	−0.032%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1557	−0.014%	$404K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1517	−0.199%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1540	−0.093%	$400K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1500	−0.279%	$179K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1570	+0.046%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDTlong	+0.0100%	4h	2.1560	long leg	$495K	$2.5M	50x
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1559	−0.007%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0298%	1h	2.1575	+0.070%	$385K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0596%	1h	2.1572	+0.057%	$1.3M	$2.3M	50x	as long as short