TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against MEXC0.000%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$510.513% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 4 days (all we have)+0.189%+$19 · spread now 0.000%, 7d avg +0.066%

Together, before fees+0.329%+$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.066% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.066%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.1440	0.0096	pay 0.0048% / 4h	3h 34m	$398K	$148K	125x
Short	KuCoin TRUMPUSDTM	2.1440	−0.0050	pay 0.0025% / 4h	3h 34m	$4.1M	$10.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$30.66
Price spread: 0.000% → +0.066%: −$6.61
Slippage, 4 orders: −$39.3
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$88.57
Costs to cover: 0.513%
Break-even: never at this rate

Slippage from MEXC: live order book, 55 min ago; KuCoin: live order book, 4 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 MEXC live order book, 55 min ago	2.34 bp	6.5 bp −$7	28.4 bp −$284	137.5 bp −$13.8K	doesn't fit
Sell KuCoin live order book, 4 min ago	2.33 bp	20.4 bp −$20	75.4 bp −$754	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	−0.1829%	1h	2.1350	−0.420%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0590%	1h	2.1445	+0.023%	$71	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0449%	4h	2.1470	+0.140%	$30.7M	$51.8M	50x	as long as short
Variational Omni TRUMP	−0.0300%	4h	2.1451	+0.053%	$662K	$415K	—	as long as short
Gate TRUMP_USDT	−0.0282%	4h	2.1460	+0.093%	$7.7M	$49.7M	75x	as long as short
Extended TRUMP-USD	−0.0256%	1h	2.1429	−0.049%	$74K	$494K	25x	as long as short
Binance TRUMPUSDT	−0.0252%	4h	2.1450	+0.047%	$60.9M	$247.5M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0247%	4h	2.1470	+0.140%	$26.9M	$182.5M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1429	−0.051%	$5	—	10x	as long as short
Lighter TRUMP	−0.0224%	1h	2.1442	+0.009%	$937K	$990K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	−0.0169%	1h	2.1482	+0.196%	$389K	$81K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0161%	8h	2.1438	−0.008%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1450	+0.047%	$156K	$482K	50x	as long as short
GRVT TRUMP_USDT_Perp	−0.0122%	4h	2.1439	−0.005%	$180K	$4.3M	10x	as long as short
edgeX TRUMPUSDC	−0.0120%	4h	2.1432	−0.039%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0098%	4h	2.1470	+0.140%	$5K	$296K	10x	as long as short
KuCoin TRUMPUSDTMshort	−0.0050%	4h	2.1440	0.000%	$4.1M	$10.7M	50x
dYdX TRUMP-USD	−0.0023%	1h	2.1466	+0.123%	$27K	$805	5x	as long as short
BloFin TRUMP-USDT	−0.0013%	4h	2.1460	+0.093%	$4.2M	$686K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1475	+0.161%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1492	+0.241%	$19K	—	3x	as long as short
Bitget TRUMPUSDT	+0.0024%	4h	2.1470	+0.140%	$15.3M	$26.5M	75x	as long as short
MEXC TRUMP_USDClong	+0.0096%	4h	2.1440	long leg	$398K	$148K	125x
Hyperliquid TRUMP	+0.0100%	1h	2.1456	+0.075%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1461	+0.098%	$408K	$719K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1462	+0.103%	$185K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1480	+0.187%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1480	+0.187%	$499K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1472	+0.150%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1467	+0.124%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0294%	1h	2.1484	+0.205%	$383K	$422K	10x	as long as short