TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.7% APRnext payment −$1.22 per $10,000 · paid last 24h −0.068%

Price spread now: Binance against BloFin+0.118%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

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

costs, in and out, $10k−$410.405% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.417%−$42 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.118%, 7d avg −0.001%

Together, before fees−0.548%−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.119% dearer against BloFin than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of −0.001%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRUMP-USDT	2.1600	0.0088	pay 0.0044% / 4h	3h 06m	$4.2M	$650K	75x
Short	Binance TRUMPUSDT	2.1625	−0.0155	pay 0.0078% / 4h	3h 06m	$61.1M	$246.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.118%Rate

Funding earned: −$51.16
Price spread: +0.118% → −0.001%: $11.85
Slippage, 4 orders: −$18.51
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$79.81
Costs to cover: 0.405%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 7 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 BloFin live order book, 2 min ago	6.95 bp	12.9 bp −$13	19.1 bp −$191	35.8 bp −$3,577	134.4 bp −$67.2K
Sell Binance live order book, 7 min ago	2.31 bp	7.3 bp −$7	13.5 bp −$135	38.2 bp −$3,824	196.5 bp −$98.2K

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	−0.370%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0372%	1h	2.1600	0.000%	$86	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	−0.0249%	8h	2.1608	+0.038%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1591	−0.041%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0213%	1h	2.1604	+0.019%	$407K	$72K	10x	as long as short
Bybit TRUMPUSDT	−0.0176%	4h	2.1620	+0.093%	$30.7M	$50.5M	50x	as long as short
Binance TRUMPUSDTshort	−0.0155%	4h	2.1625	+0.118%	$61.1M	$246.3M	75x
Extended TRUMP-USD	−0.0152%	1h	2.1634	+0.159%	$77K	$718K	25x	as long as short
Gate TRUMP_USDT	−0.0132%	4h	2.1630	+0.139%	$7.8M	$52.4M	75x	as long as short
edgeX TRUMPUSDC	−0.0069%	4h	2.1588	−0.054%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	−0.0048%	1h	2.1621	+0.097%	$955K	$977K	10x	as long as short
Variational Omni TRUMP	−0.0046%	4h	2.1631	+0.144%	$669K	$447K	—	as long as short
dYdX TRUMP-USD	−0.0006%	1h	2.1626	+0.121%	$27K	$512	5x	as long as short
Orderly PERP_TRUMP_USDC	0.0000%	4h	2.1590	−0.046%	$5K	$199K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1615	+0.069%	$41K	—	150x	as long as short
GRVT TRUMP_USDT_Perp	+0.0010%	4h	2.1561	−0.182%	$181K	$4.6M	10x	as long as short
Aevo TRUMP-PERP	+0.0048%	1h	2.1582	−0.083%	$19K	—	3x	as long as short
OKX TRUMP-USDT-SWAP	+0.0067%	4h	2.1610	+0.046%	$27.7M	$179.3M	50x	as long as short
BloFin TRUMP-USDTlong	+0.0088%	4h	2.1600	long leg	$4.2M	$650K	75x
Hyperliquid TRUMP	+0.0100%	1h	2.1642	+0.194%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1635	+0.160%	$407K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1636	+0.167%	$186K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1630	+0.139%	$406K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1630	+0.139%	$4.3M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1630	+0.139%	$15.6M	$26.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1620	+0.093%	$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	+0.045%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1630	+0.137%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0192%	1h	2.1638	+0.176%	$384K	$402K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1750	+0.694%	$284K	$278K	50x	as long as short