TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0183%/8h= +20.0% APRnext payment +$0.92 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against OKX−0.093%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$220.219% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.093%, 7d avg −0.034%

Together, before fees−0.245%−$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.059% cheaper against OKX than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.034%). If the spread goes back, that is −$6 on $10k: about 26 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.173%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRUMP-USDT-SWAP	2.1590	−0.0083	get 0.0042% / 4h	2h 09m	$26.7M	$185.1M	50x
Short	MEXC TRUMP_USDC	2.1570	0.0100	get 0.0050% / 4h	2h 09m	$402K	$150K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now −0.093%Rate

Funding earned: $38.43
Price spread: −0.093% → −0.034%: −$5.88
Slippage, 4 orders: −$11.89
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $10.66
Costs to cover: 0.219%
Break-even: 5.1 days

Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 29 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 OKX live order book, 4 min ago	2.33 bp	9.8 bp −$10	13.2 bp −$132	47.6 bp −$4,763	doesn't fit
Sell MEXC live order book, 29 min ago	2.36 bp	2.4 bp −$2	14.9 bp −$149	132.3 bp −$13.2K	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	−0.1827%	1h	2.1360	−1.065%	$12K	$157K	12x	as long as short
Lighter TRUMP	−0.0376%	1h	2.1586	−0.019%	$953K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	−0.0323%	1h	2.1590	0.000%	$83	$6K	5x	as long as short
Extended TRUMP-USD	−0.0280%	1h	2.1569	−0.097%	$74K	$739K	25x	as long as short
Binance TRUMPUSDT	−0.0279%	4h	2.1590	0.000%	$60.9M	$251.0M	75x	as long as short
Bybit TRUMPUSDT	−0.0254%	4h	2.1590	0.000%	$30.6M	$51.9M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1571	−0.086%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0193%	4h	2.1511	−0.365%	$664K	$426K	—	as long as short
Paradex TRUMP-USD-PERP	−0.0184%	8h	2.1538	−0.241%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0140%	4h	2.1472	−0.545%	$105K	$263K	20x	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	−0.0118%	4h	2.1580	−0.046%	$7.7M	$53.7M	75x	as long as short
OKX TRUMP-USDT-SWAPlong	−0.0083%	4h	2.1590	long leg	$26.7M	$185.1M	50x
Orderly PERP_TRUMP_USDC	−0.0061%	4h	2.1570	−0.093%	$5K	$230K	10x	as long as short
BloFin TRUMP-USDT	−0.0039%	4h	2.1520	−0.324%	$4.1M	$689K	75x	as long as short
dYdX TRUMP-USD	−0.0018%	1h	2.1533	−0.263%	$27K	$501	5x	as long as short
GRVT TRUMP_USDT_Perp	−0.0002%	4h	2.1440	−0.695%	$182K	$4.7M	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1600	+0.046%	$407K	$72K	10x	as long as short
Aevo TRUMP-PERP	+0.0008%	1h	2.1580	−0.046%	$19K	—	3x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1595	+0.021%	$41K	—	150x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1596	+0.028%	$13.6M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1590	0.000%	$406K	$771K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1540	−0.233%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1570	−0.093%	$402K	$150K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1590	0.000%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1580	−0.046%	$15.4M	$26.8M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1600	+0.046%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1570	−0.093%	$484K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1591	+0.005%	$9K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0197%	1h	2.1613	+0.106%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0254%	1h	2.1618	+0.130%	$384K	$412K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1520	−0.324%	$238K	$363K	50x	as long as short