TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0214%/8h= −23.4% APRnext payment −$1.07 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against Bitget−0.186%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.164%−$16 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.186%, 7d avg −0.050%

Together, before fees−0.088%−$9 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 MEXC is 0.136% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.050%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TRUMPUSDT	2.1460	−0.0036	get 0.0018% / 4h	1h 03m	$15.5M	$24.8M	75x
Short	MEXC TRUMP_USDC	2.1420	−0.0250	pay 0.0125% / 4h	1h 03m	$388K	$144K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now −0.186%Rate

Funding earned: −$44.94
Price spread: −0.186% → −0.050%: −$13.6
Slippage, 4 orders: −$23.13
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$93.67
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 33 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 Bitget live order book, 3 min ago	2.33 bp	10.9 bp −$11	13.7 bp −$137	43.2 bp −$4,316	doesn't fit
Sell MEXC live order book, 33 min ago	2.34 bp	6.9 bp −$7	15.2 bp −$152	117.7 bp −$11.8K	doesn't fit

TRUMP on 32 exchanges

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
SoDEX TRUMP-USD	−0.0435%	1h	2.1435	−0.116%	$84	$6K	5x	as long as short
Variational Omni TRUMP	−0.0378%	4h	2.1449	−0.050%	$667K	$400K	—	as long as short
Extended TRUMP-USD	−0.0376%	1h	2.1428	−0.149%	$74K	$488K	25x	as long as short
Binance TRUMPUSDT	−0.0373%	4h	2.1440	−0.093%	$62.8M	$237.3M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0344%	4h	2.1440	−0.093%	$27.1M	$172.9M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0296%	1h	2.1410	−0.233%	$128K	$521K	50x	as long as short
Bybit TRUMPUSDT	−0.0293%	4h	2.1440	−0.093%	$31.2M	$48.3M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0263%	1h	2.1443	−0.079%	$385K	$79K	10x	as long as short
MEXC TRUMP_USDCshort	−0.0250%	4h	2.1420	−0.186%	$388K	$144K	125x
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1429	−0.143%	$5	—	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	−0.0208%	1h	2.1435	−0.116%	$918K	$969K	10x	as long as short
Gate TRUMP_USDT	−0.0192%	4h	2.1440	−0.093%	$7.7M	$48.1M	75x	as long as short
edgeX TRUMPUSDC	−0.0187%	4h	2.1434	−0.120%	$105K	$253K	20x	as long as short
KuCoin TRUMPUSDTM	−0.0186%	4h	2.1440	−0.093%	$4.3M	$10.1M	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0168%	8h	2.1427	−0.153%	$5K	$175	5x	as long as short
BloFin TRUMP-USDT	−0.0132%	4h	2.1440	−0.093%	$4.3M	$658K	75x	as long as short
Orderly PERP_TRUMP_USDC	−0.0095%	4h	2.1420	−0.186%	$5K	$294K	10x	as long as short
Bitget TRUMPUSDTlong	−0.0036%	4h	2.1460	long leg	$15.5M	$24.8M	75x
Aevo TRUMP-PERP	−0.0016%	1h	2.1417	−0.199%	$19K	—	3x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1455	−0.021%	$25K	$3K	5x	as long as short
GRVT TRUMP_USDT_Perp	+0.0006%	4h	2.1455	−0.023%	$173K	$4.0M	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1453	−0.032%	$40K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0023%	1h	2.1482	+0.104%	$1.4M	$2.1M	50x	as long as short
Injective TRUMP/USDC PERP	+0.0033%	1h	2.1600	+0.652%	$13K	$157K	12x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1457	−0.014%	$13.5M	$7.3M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1443	−0.080%	$404K	$647K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1441	−0.087%	$184K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1460	0.000%	$2K	$1.4M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1460	0.000%	$487K	$2.4M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1430	−0.140%	$250K	$560K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0167%	1h	2.1473	+0.061%	$384K	$391K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0213% / S −0.0214%	1h	2.1467	+0.031%	$11K	—	100x	as long as short