TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0220%/8h= +24.1% APRnext payment +$1.10 per $10,000 · paid last 24h +0.027%

Price spread now: SunX against edgeX+0.017%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$193as in the Price arb table

costs, in and out, $10k−$1841.844% of the position

Long on edgeX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.224%+$22 on $10k

Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.017%, 7d avg +0.108%

Together, before fees+0.314%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.091% cheaper against edgeX than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.108%). If the spread goes back, that is −$9 on $10k: about 33 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.224% in total) that is about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1706	−0.0120	get 0.0060% / 4h	2h 56m	$106K	$254K	20x
Short	SunX TRUMP-USDT	2.1710	0.0100	get 0.0050% / 4h	2h 56m	$2K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $46.14
Price spread: +0.017% → +0.108%: −$9.05
Slippage, 4 orders: −$167.42
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$147.33
Costs to cover: 1.844%
Break-even: 29.4 days

Slippage from edgeX: live order book, 35 min ago; SunX: live order book, 8 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, 35 min ago	7.01 bp	14.6 bp −$15	40.2 bp −$402	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	32.11 bp	92.9 bp −$93	doesn't fit	doesn't fit	doesn't fit

TRUMP on 32 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	−0.1841%	1h	2.1600	−0.490%	$13K	$157K	12x	as long as short
Variational Omni TRUMP	−0.0335%	4h	2.1731	+0.114%	$675K	$419K	—	as long as short
Bybit TRUMPUSDT	−0.0309%	4h	2.1690	−0.075%	$31.3M	$50.5M	50x	as long as short
SoDEX TRUMP-USD	−0.0308%	1h	2.1695	−0.052%	$69	$6K	5x	as long as short
Lighter TRUMP	−0.0304%	1h	2.1697	−0.043%	$943K	$967K	10x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1684	−0.102%	$77K	$492K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0247%	4h	2.1680	−0.121%	$27.4M	$180.9M	50x	as long as short
Binance TRUMPUSDT	−0.0247%	4h	2.1698	−0.038%	$63.6M	$244.2M	75x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1671	−0.163%	$5	—	10x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0240%	1h	2.1680	−0.121%	$142K	$513K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0144%	8h	2.1656	−0.231%	$5K	$175	5x	as long as short
edgeX TRUMPUSDClong	−0.0120%	4h	2.1706	long leg	$106K	$254K	20x
Gate TRUMP_USDT	−0.0114%	4h	2.1710	+0.017%	$7.8M	$47.6M	75x	as long as short
Orderly PERP_TRUMP_USDC	−0.0080%	4h	2.1680	−0.121%	$5K	$319K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0054%	4h	2.1680	−0.121%	$4.2M	$10.5M	50x	as long as short
dYdX TRUMP-USD	−0.0044%	1h	2.1668	−0.177%	$26K	$2K	5x	as long as short
BloFin TRUMP-USDT	−0.0007%	4h	2.1740	+0.155%	$4.3M	$693K	75x	as long as short
Bitget TRUMPUSDT	−0.0004%	4h	2.1700	−0.029%	$15.4M	$26.0M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1703	−0.015%	$390K	$73K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1764	+0.265%	$41K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0015%	1h	2.1740	+0.155%	$1.3M	$2.2M	50x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1675	−0.146%	$19K	—	3x	as long as short
MEXC TRUMP_USDC	+0.0048%	4h	2.1710	+0.017%	$403K	$147K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1729	+0.105%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1720	+0.065%	$413K	$651K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1677	−0.135%	$186K	$54K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1734	+0.125%	$177K	$4.1M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1710	+0.017%	$2K	$1.5M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1690	−0.075%	$500K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1710	+0.017%	$4K	$35K	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0170% / S −0.0143%	1h	2.1769	+0.288%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0182%	1h	2.1747	+0.188%	$387K	$411K	10x	as long as short