TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.048%

Price spread now: MEXC against BloFin−0.277%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.460%−$46 on $10k

Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.277%, 7d avg −0.038%

Together, before fees−0.231%−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.239% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRUMP-USDT	2.1630	−0.0060	get 0.0030% / 4h	2h 06m	$4.3M	$678K	75x
Short	MEXC TRUMP_USDC	2.1570	−0.0118	pay 0.0059% / 4h	2h 06m	$393K	$152K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.277%Rate

Funding earned: −$12.21
Price spread: −0.277% → −0.038%: −$23.94
Slippage, 4 orders: −$25.74
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$73.9
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 39 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, 5 min ago	4.64 bp	14.3 bp −$14	16.8 bp −$168	30.0 bp −$3,000	133.5 bp −$66.7K
Sell MEXC live order book, 39 min ago	2.33 bp	6.4 bp −$6	17.5 bp −$175	123.0 bp −$12.3K	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
Injective TRUMP/USDC PERP	−0.1841%	1h	2.1600	−0.139%	$13K	$157K	12x	as long as short
Variational Omni TRUMP	−0.0359%	4h	2.1550	−0.369%	$669K	$403K	—	as long as short
OKX TRUMP-USDT-SWAP	−0.0320%	4h	2.1570	−0.277%	$27.4M	$175.1M	50x	as long as short
Bybit TRUMPUSDT	−0.0313%	4h	2.1570	−0.277%	$31.4M	$49.0M	50x	as long as short
Binance TRUMPUSDT	−0.0301%	4h	2.1580	−0.230%	$63.4M	$239.5M	75x	as long as short
Extended TRUMP-USD	−0.0296%	1h	2.1568	−0.286%	$75K	$496K	25x	as long as short
SoDEX TRUMP-USD	−0.0293%	1h	2.1625	−0.023%	$68	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1565	−0.302%	$5	—	10x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0240%	1h	2.1520	−0.509%	$132K	$517K	50x	as long as short
Gate TRUMP_USDT	−0.0232%	4h	2.1580	−0.231%	$7.8M	$48.6M	75x	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	2.1577	−0.245%	$931K	$981K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0192%	8h	2.1561	−0.319%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0150%	4h	2.1561	−0.321%	$105K	$253K	20x	as long as short
KuCoin TRUMPUSDTM	−0.0130%	4h	2.1620	−0.046%	$4.3M	$10.2M	50x	as long as short
MEXC TRUMP_USDCshort	−0.0118%	4h	2.1570	−0.277%	$393K	$152K	125x
Orderly PERP_TRUMP_USDC	−0.0077%	4h	2.1600	−0.139%	$5K	$309K	10x	as long as short
BloFin TRUMP-USDTlong	−0.0060%	4h	2.1630	long leg	$4.3M	$678K	75x
Bitget TRUMPUSDT	−0.0014%	4h	2.1580	−0.231%	$15.5M	$25.4M	75x	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1576	−0.250%	$26K	$3K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1626	−0.018%	$388K	$78K	10x	as long as short
Aevo TRUMP-PERP	+0.0008%	1h	2.1595	−0.162%	$19K	—	3x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1583	−0.217%	$41K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0015%	1h	2.1658	+0.131%	$1.3M	$2.0M	50x	as long as short
GRVT TRUMP_USDT_Perp	+0.0036%	4h	2.1555	−0.347%	$172K	$4.1M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1619	−0.051%	$13.7M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1592	−0.177%	$407K	$644K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1592	−0.176%	$186K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1590	−0.185%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1650	+0.092%	$496K	$2.4M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1650	+0.092%	$110K	$282K	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0190% / S −0.0185%	1h	2.1580	−0.233%	$11K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0260%	1h	2.1670	+0.185%	$383K	$399K	10x	as long as short