TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0109%/8h= −11.9% APRnext payment −$0.55 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against Bybit0.000%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 7 days−0.008%−$1 · spread now 0.000%, 7d avg +0.012%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TRUMPUSDT	2.1570	0.0093	pay 0.0047% / 4h	13m 41s	$30.5M	$49.6M	50x
Short	Binance TRUMPUSDT	2.1570	−0.0016	pay 0.0008% / 4h	13m 41s	$60.6M	$241.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$22.91
Price spread: 0.000% → +0.012%: −$1.16
Slippage, 4 orders: −$18.71
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.77
Costs to cover: 0.397%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 15 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 Bybit live order book, 5 min ago	2.32 bp	9.0 bp −$9	17.6 bp −$176	113.4 bp −$11.3K	doesn't fit
Sell Binance live order book, 15 min ago	2.32 bp	11.9 bp −$12	14.4 bp −$144	43.3 bp −$4,325	198.8 bp −$99.4K

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	−0.1690%	1h	2.1430	−0.649%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1512	−0.271%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0110%	1h	2.1525	−0.209%	$94	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1530	−0.185%	$405K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0044%	4h	2.1570	0.000%	$7.6M	$51.1M	75x	as long as short
Lighter TRUMP	−0.0032%	1h	2.1558	−0.056%	$954K	$957K	10x	as long as short
Variational Omni TRUMP	−0.0026%	4h	2.1531	−0.180%	$665K	$488K	—	as long as short
Extended TRUMP-USD	−0.0016%	1h	2.1564	−0.028%	$74K	$721K	25x	as long as short
Binance TRUMPUSDTshort	−0.0016%	4h	2.1570	0.000%	$60.6M	$241.8M	75x
edgeX TRUMPUSDC	−0.0005%	4h	2.1545	−0.114%	$105K	$265K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USD	−0.0002%	1h	2.1536	−0.157%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1524	−0.211%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0035%	8h	2.1563	−0.030%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0044%	4h	2.1520	−0.232%	$4K	$203K	10x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1517	−0.247%	$19K	—	3x	as long as short
Bybit TRUMPUSDTlong	+0.0093%	4h	2.1570	long leg	$30.5M	$49.6M	50x
Hyperliquid TRUMP	+0.0100%	1h	2.1586	+0.074%	$14.5M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1547	−0.107%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1569	−0.004%	$186K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1570	0.000%	$27.2M	$173.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1570	0.000%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1580	+0.046%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1580	+0.046%	$15.6M	$25.5M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1561	−0.042%	$338K	$361K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1561	−0.040%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1540	−0.139%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1540	−0.139%	$503K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1520	−0.231%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1556	−0.066%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0228%	4h	2.1520	−0.232%	$4.2M	$682K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1550	−0.093%	$279K	$277K	50x	as long as short