TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0181%/8h= +19.9% APRnext payment +$0.91 per $10,000 · paid last 24h +0.019%

Price spread now: Bitget against edgeX−0.246%54s7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as 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−$500.499% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 4 days (all we have)−0.299%−$30 · spread now −0.246%, 7d avg +0.005%

Together, before fees−0.192%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.250% cheaper against edgeX than usual: you would sell low and buy high (spread −0.246% now, against its 7-day average of +0.005%). If the spread goes back, that is −$25 on $10k: about 4.6 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.107% in total) that is about 16 days. The two prices were read 54 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	2.1453	−0.0081	get 0.0041% / 4h	36m 36s	$105K	$252K	20x
Short	Bitget TRUMPUSDT	2.1400	0.0100	get 0.0050% / 4h	36m 36s	$15.2M	$27.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.246%Rate

Funding earned: $38.09
Price spread: −0.246% → +0.005%: −$25.03
Slippage, 4 orders: −$28.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$36.85
Costs to cover: 0.499%
Break-even: 13.8 days

Slippage from edgeX: live order book, 66 min ago; Bitget: live order book, 2 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, 66 min ago	7.01 bp	14.3 bp −$14	39.1 bp −$391	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.33 bp	10.2 bp −$10	17.6 bp −$176	42.3 bp −$4,229	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	−0.1797%	1h	2.1310	−0.665%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0301%	1h	2.1395	−0.269%	$80	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1396	−0.263%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0217%	1h	2.1407	−0.213%	$403K	$81K	10x	as long as short
Lighter TRUMP	−0.0208%	1h	2.1396	−0.264%	$935K	$1.0M	10x	as long as short
Binance TRUMPUSDT	−0.0169%	4h	2.1389	−0.298%	$60.6M	$251.4M	75x	as long as short
Extended TRUMP-USD	−0.0168%	1h	2.1379	−0.343%	$76K	$492K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0161%	4h	2.1390	−0.292%	$26.5M	$183.8M	50x	as long as short
Variational Omni TRUMP	−0.0138%	4h	2.1531	+0.364%	$665K	$423K	—	as long as short
Bybit TRUMPUSDT	−0.0120%	4h	2.1390	−0.292%	$30.4M	$52.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0114%	4h	2.1390	−0.292%	$7.6M	$53.2M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0082%	8h	2.1385	−0.316%	$5K	$175	5x	as long as short
edgeX TRUMPUSDClong	−0.0081%	4h	2.1453	long leg	$105K	$252K	20x
Orderly PERP_TRUMP_USDC	−0.0055%	4h	2.1400	−0.246%	$5K	$269K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1420	−0.152%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1414	−0.179%	$40K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0032%	4h	2.1400	−0.246%	$4.1M	$10.9M	50x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1386	−0.311%	$19K	—	3x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1410	−0.199%	$170K	$464K	50x	as long as short
BloFin TRUMP-USDT	+0.0073%	4h	2.1390	−0.292%	$4.1M	$700K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1427	−0.120%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1413	−0.183%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1414	−0.178%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1400	−0.246%	$398K	$147K	125x	as long as short
Bitget TRUMPUSDTshort	+0.0100%	4h	2.1400	−0.246%	$15.2M	$27.1M	75x
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1469	+0.075%	$172K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1420	−0.152%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1410	−0.199%	$481K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1411	−0.197%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0291%	1h	2.1446	−0.031%	$383K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0600%	1h	2.1422	−0.142%	$1.3M	$2.3M	50x	as long as short