TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h −0.011%

Price spread now: edgeX against Binance−0.147%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$430.427% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.305%+$31 · spread now −0.147%, 7d avg −0.002%

Together, before fees+0.312%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.144% cheaper against Binance than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.002%). If the spread goes back, that is −$14 on $10k: about 5.9 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.007% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUMPUSDT	2.1620	−0.0152	get 0.0076% / 4h	3h 07m	$61.1M	$246.3M	75x
Short	edgeX TRUMPUSDC	2.1588	−0.0069	pay 0.0035% / 4h	3h 07m	$105K	$264K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now −0.147%Rate

Funding earned: $17.27
Price spread: −0.147% → −0.002%: −$14.43
Slippage, 4 orders: −$23.74
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$39.91
Costs to cover: 0.427%
Break-even: 23.2 days

Slippage from Binance: live order book, 6 min ago; edgeX: live order book, 45 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 Binance live order book, 6 min ago	2.31 bp	7.3 bp −$7	11.9 bp −$119	39.7 bp −$3,966	262.2 bp −$131.1K
Sell edgeX live order book, 45 min ago	6.88 bp	14.4 bp −$14	40.9 bp −$409	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	−0.1765%	1h	2.1520	−0.463%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0372%	1h	2.1600	−0.093%	$86	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	−0.0252%	8h	2.1601	−0.087%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1591	−0.133%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0213%	1h	2.1604	−0.074%	$407K	$72K	10x	as long as short
Bybit TRUMPUSDT	−0.0176%	4h	2.1630	+0.046%	$30.7M	$50.5M	50x	as long as short
Extended TRUMP-USD	−0.0152%	1h	2.1589	−0.142%	$77K	$718K	25x	as long as short
Binance TRUMPUSDTlong	−0.0152%	4h	2.1620	long leg	$61.1M	$246.3M	75x
Gate TRUMP_USDT	−0.0132%	4h	2.1610	−0.046%	$7.8M	$52.4M	75x	as long as short
edgeX TRUMPUSDCshort	−0.0069%	4h	2.1588	−0.147%	$105K	$264K	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	−0.0048%	1h	2.1597	−0.106%	$954K	$977K	10x	as long as short
Variational Omni TRUMP	−0.0046%	4h	2.1631	+0.051%	$669K	$447K	—	as long as short
dYdX TRUMP-USD	−0.0006%	1h	2.1626	+0.028%	$27K	$512	5x	as long as short
Orderly PERP_TRUMP_USDC	0.0000%	4h	2.1590	−0.139%	$5K	$199K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1615	−0.023%	$41K	—	150x	as long as short
GRVT TRUMP_USDT_Perp	+0.0010%	4h	2.1561	−0.275%	$181K	$4.6M	10x	as long as short
Aevo TRUMP-PERP	+0.0048%	1h	2.1582	−0.175%	$19K	—	3x	as long as short
OKX TRUMP-USDT-SWAP	+0.0067%	4h	2.1630	+0.046%	$27.7M	$179.4M	50x	as long as short
BloFin TRUMP-USDT	+0.0088%	4h	2.1600	−0.093%	$4.2M	$650K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1623	+0.014%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1616	−0.019%	$407K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1610	−0.048%	$186K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1600	−0.093%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1610	−0.046%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1610	−0.046%	$15.6M	$26.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1620	0.000%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1610	−0.046%	$492K	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1610	−0.048%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1630	+0.044%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0192%	1h	2.1638	+0.083%	$384K	$402K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1750	+0.601%	$284K	$278K	50x	as long as short