TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.52 per $10,000 · paid last 24h +0.016%

Price spread now: KuCoin against edgeX+0.021%113s7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as 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−$680.679% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.071%+$7 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.021%, 7d avg +0.022%

Together, before fees−0.085%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 113 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	2.1545	−0.0005	get 0.0002% / 4h	9m 47s	$105K	$265K	20x
Short	KuCoin TRUMPUSDTM	2.1550	0.0100	get 0.0050% / 4h	9m 47s	$4.3M	$11.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.021%Rate

Funding earned: $22.02
Price spread: +0.021% → +0.022%: −$0.11
Slippage, 4 orders: −$46.95
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$46.03
Costs to cover: 0.679%
Break-even: 21.6 days

Slippage from edgeX: live order book, 48 min ago; KuCoin: live order book, 9 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, 48 min ago	6.97 bp	14.6 bp −$15	38.9 bp −$389	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	2.32 bp	19.0 bp −$19	72.0 bp −$720	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	−0.1690%	1h	2.1450	−0.443%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1531	−0.065%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0102%	1h	2.1520	−0.118%	$94	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1529	−0.077%	$405K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0038%	4h	2.1540	−0.025%	$7.6M	$51.1M	75x	as long as short
Extended TRUMP-USD	−0.0024%	1h	2.1519	−0.123%	$74K	$721K	25x	as long as short
Binance TRUMPUSDT	−0.0020%	4h	2.1532	−0.063%	$60.4M	$242.2M	75x	as long as short
Variational Omni TRUMP	−0.0011%	4h	2.1571	+0.118%	$666K	$488K	—	as long as short
Lighter TRUMP	−0.0008%	1h	2.1522	−0.109%	$952K	$957K	10x	as long as short
edgeX TRUMPUSDClong	−0.0005%	4h	2.1545	long leg	$105K	$265K	20x

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	−0.043%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1536	−0.044%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0036%	8h	2.1525	−0.096%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0043%	4h	2.1520	−0.118%	$4K	$200K	10x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1515	−0.142%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1542	−0.016%	$13.6M	$7.9M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1540	−0.025%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1542	−0.016%	$185K	$52K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1530	−0.072%	$30.5M	$49.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1530	−0.072%	$27.3M	$173.4M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1530	−0.072%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTMshort	+0.0100%	4h	2.1550	+0.021%	$4.3M	$11.1M	50x
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	−0.025%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1556	+0.049%	$343K	$365K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1529	−0.076%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1550	+0.021%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1550	+0.021%	$503K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1530	−0.072%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1549	+0.016%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0222%	4h	2.1550	+0.021%	$4.1M	$683K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1580	+0.160%	$279K	$276K	50x	as long as short