TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.019%

Price spread now: Aster against edgeX+0.229%90s7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.469% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.315%−$32 · spread now +0.229%, 7d avg +0.026%

Together, before fees−0.265%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.202% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1774	−0.0016	get 0.0008% / 4h	3h 45m	$106K	$264K	20x
Short	Aster TRUMPUSDT	2.1824	0.0100	get 0.0050% / 4h	3h 45m	$427K	$816K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now +0.229%Rate

Funding earned: $24.36
Price spread: +0.229% → +0.026%: $20.24
Slippage, 4 orders: −$29.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$2.33
Costs to cover: 0.469%
Break-even: 7.7 days

Slippage from edgeX: live order book, 7 min ago; Aster: 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 edgeX live order book, 7 min ago	6.88 bp	13.7 bp −$14	36.8 bp −$368	doesn't fit	doesn't fit
Sell Aster live order book, 7 min ago	4.58 bp	9.9 bp −$10	26.4 bp −$264	doesn't fit	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	2.1750	−0.112%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1801	+0.124%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0107%	1h	2.1805	+0.140%	$95	$6K	5x	as long as short
Extended TRUMP-USD	−0.0040%	1h	2.1799	+0.112%	$75K	$722K	25x	as long as short
Binance TRUMPUSDT	−0.0039%	4h	2.1831	+0.260%	$61.6M	$244.1M	75x	as long as short
Variational Omni TRUMP	−0.0022%	4h	2.1801	+0.123%	$676K	$513K	—	as long as short
edgeX TRUMPUSDClong	−0.0016%	4h	2.1774	long leg	$106K	$264K	20x
Bybit TRUMPUSDT	−0.0015%	4h	2.1830	+0.255%	$30.9M	$49.9M	50x	as long as short
Gate TRUMP_USDT	−0.0010%	4h	2.1820	+0.209%	$7.9M	$51.1M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1816	+0.192%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1819	+0.205%	$411K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1824	+0.229%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0038%	4h	2.1800	+0.117%	$4K	$177K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0041%	8h	2.1797	+0.106%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1792	+0.079%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1804	+0.136%	$964K	$960K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1832	+0.264%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1824	+0.229%	$427K	$816K	20x
Pacifica TRUMP	+0.0100%	1h	2.1807	+0.149%	$188K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1830	+0.255%	$27.9M	$178.6M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1820	+0.209%	$410K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1820	+0.209%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1840	+0.301%	$15.8M	$25.9M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1800	+0.117%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1830	+0.255%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1820	+0.209%	$509K	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1825	+0.234%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0171%	1h	2.1834	+0.273%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0204%	4h	2.1810	+0.163%	$4.2M	$685K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1830	+0.255%	$282K	$279K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0427%	1h	2.1844	+0.319%	$343K	$375K	10x	as long as short