TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0221%/8h= +24.2% APRnext payment +$1.11 per $10,000 · paid last 24h +0.005%

Price spread now: MEXC against Binance−0.046%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.298% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now −0.046%, 7d avg −0.052%

Together, before fees−0.253%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUMPUSDT	2.1690	−0.0121	get 0.0061% / 4h	3h 14m	$61.3M	$246.3M	75x
Short	MEXC TRUMP_USDC	2.1680	0.0100	get 0.0050% / 4h	3h 14m	$407K	$151K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.046%Rate

Funding earned: $46.5
Price spread: −0.046% → −0.052%: $0.61
Slippage, 4 orders: −$19.76
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $17.34
Costs to cover: 0.298%
Break-even: 4.4 days

Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 30 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, 14 min ago	2.30 bp	7.3 bp −$7	12.9 bp −$129	38.2 bp −$3,817	259.2 bp −$129.6K
Sell MEXC live order book, 30 min ago	2.29 bp	5.5 bp −$5	19.4 bp −$194	133.8 bp −$13.4K	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	2.1570	−0.553%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0330%	1h	2.1640	−0.231%	$88	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0304%	1h	2.1653	−0.171%	$408K	$72K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0268%	8h	2.1631	−0.274%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1641	−0.224%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0130%	4h	2.1690	0.000%	$7.9M	$52.1M	75x	as long as short
Binance TRUMPUSDTlong	−0.0121%	4h	2.1690	long leg	$61.3M	$246.3M	75x
Extended TRUMP-USD	−0.0120%	1h	2.1679	−0.052%	$77K	$718K	25x	as long as short
edgeX TRUMPUSDC	−0.0057%	4h	2.1685	−0.024%	$106K	$265K	20x	as long as short
Bybit TRUMPUSDT	−0.0050%	4h	2.1690	0.000%	$30.8M	$50.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMP	−0.0041%	4h	2.1651	−0.179%	$669K	$488K	—	as long as short
Lighter TRUMP	−0.0008%	1h	2.1636	−0.249%	$956K	$976K	10x	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1666	−0.110%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1654	−0.166%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0009%	4h	2.1650	−0.184%	$4K	$192K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0042%	4h	2.1666	−0.109%	$182K	$4.7M	10x	as long as short
Aevo TRUMP-PERP	+0.0056%	1h	2.1628	−0.287%	$19K	—	3x	as long as short
OKX TRUMP-USDT-SWAP	+0.0097%	4h	2.1690	0.000%	$27.8M	$179.7M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1703	+0.060%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1698	+0.039%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1662	−0.129%	$187K	$52K	10x	as long as short
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1680	−0.046%	$407K	$151K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1650	−0.184%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1690	0.000%	$15.7M	$26.2M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1660	−0.138%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1670	−0.092%	$495K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0124%	4h	2.1680	−0.046%	$4.2M	$663K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1659	−0.142%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1672	−0.085%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0189%	1h	2.1713	+0.106%	$384K	$399K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1650	−0.184%	$280K	$276K	50x	as long as short