TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.016%

Price spread now: HTX against edgeX+0.286%7-day average +0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$750.754% of the position

Long on edgeX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 on $10k

Price spread, last 3 days (all we have)−0.265%−$27 · spread now +0.286%, 7d avg +0.109%

Together, before fees−0.047%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.177% dearer against edgeX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.109%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1808	0.0050	pay 0.0025% / 4h	1h 50m	$106K	$263K	20x
Short	HTX TRUMP-USDT	2.1870	0.0100	get 0.0050% / 4h	1h 50m	$535K	$2.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.286%Rate

Funding earned: $10.5
Price spread: +0.286% → +0.109%: $17.68
Slippage, 4 orders: −$54.37
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$47.19
Costs to cover: 0.754%
Break-even: 38.5 days

Slippage from edgeX: live order book, 12 min ago; HTX: live order book, 3 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, 12 min ago	6.83 bp	14.6 bp −$15	38.1 bp −$381	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	6.87 bp	24.6 bp −$25	32.8 bp −$328	doesn't fit	doesn't fit

TRUMP on 30 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	−0.1659%	1h	2.1770	−0.173%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1851	+0.197%	$5	—	10x	as long as short
Lighter TRUMP	−0.0120%	1h	2.1791	−0.077%	$970K	$792K	10x	as long as short
Gate TRUMP_USDT	−0.0110%	4h	2.1730	−0.356%	$7.6M	$49.1M	75x	as long as short
SoDEX TRUMP-USD	−0.0041%	1h	2.1865	+0.263%	$85	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1780	−0.127%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1861	+0.244%	$411K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1857	+0.227%	$42K	—	150x	as long as short
edgeX TRUMPUSDClong	+0.0050%	4h	2.1808	long leg	$106K	$263K	20x
Paradex TRUMP-USD-PERP	+0.0054%	8h	2.1800	−0.037%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0083%	4h	2.1850	+0.194%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1827	+0.091%	$14.4M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1833	+0.116%	$432K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1796	−0.055%	$188K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1771	−0.169%	$63.2M	$234.8M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1730	−0.356%	$31.2M	$48.0M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1730	−0.356%	$28.2M	$168.0M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1740	−0.310%	$427K	$142K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1830	+0.102%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1700	−0.494%	$15.6M	$24.7M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1883	+0.345%	$259K	$314K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.106%	$688K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1860	+0.240%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1870	+0.286%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDTshort	+0.0100%	4h	2.1870	+0.286%	$535K	$2.0M	50x
Extended TRUMP-USD	+0.0104%	1h	2.1684	−0.566%	$115K	$705K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1840	+0.149%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1857	+0.226%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0286%	1h	2.1902	+0.432%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.2000	+0.882%	$285K	$303K	50x	as long as short