TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h +0.060%

Price spread now: BloFin against HTX0.000%7-day average −0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$490.486% of the position

Long on HTX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.192%+$19 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now 0.000%, 7d avg −0.100%

Together, before fees+0.173%+$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.100% dearer against HTX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.100%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.192%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TRUMP-USDT	2.1420	0.0100	pay 0.0050% / 4h	1h 41m	$482K	$2.5M	50x
Short	BloFin TRUMP-USDT	2.1420	0.0018	get 0.0009% / 4h	1h 41m	$4.1M	$686K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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 HTXbpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$17.22
Price spread: 0.000% → −0.100%: $10.04
Slippage, 4 orders: −$24.62
Fee HTX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$55.8
Costs to cover: 0.486%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; BloFin: 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 HTX live order book, 3 min ago	7.00 bp	15.7 bp −$16	71.8 bp −$718	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	2.34 bp	8.3 bp −$8	14.9 bp −$149	28.7 bp −$2,874	92.7 bp −$46.4K

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	−0.1927%	1h	2.1280	−0.654%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1407	−0.062%	$5	—	10x	as long as short
Extended TRUMP-USD	−0.0224%	1h	2.1400	−0.092%	$74K	$741K	25x	as long as short
Binance TRUMPUSDT	−0.0222%	4h	2.1417	−0.015%	$60.5M	$252.4M	75x	as long as short
Variational Omni TRUMP	−0.0141%	4h	2.1381	−0.181%	$660K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0114%	4h	2.1397	−0.109%	$104K	$265K	20x	as long as short
Gate TRUMP_USDT	−0.0104%	4h	2.1420	0.000%	$7.7M	$53.6M	75x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0099%	1h	2.1438	+0.082%	$1.3M	$2.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	−0.0092%	4h	2.1400	−0.093%	$26.5M	$184.8M	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0077%	8h	2.1414	−0.026%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TRUMPUSDT	−0.0072%	4h	2.1410	−0.047%	$30.4M	$52.5M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0060%	4h	2.1410	−0.047%	$5K	$239K	10x	as long as short
SoDEX TRUMP-USD	−0.0042%	1h	2.1405	−0.070%	$80	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1415	−0.023%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1414	−0.028%	$403K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1421	+0.003%	$40K	—	150x	as long as short
BloFin TRUMP-USDTshort	+0.0018%	4h	2.1420	0.000%	$4.1M	$686K	75x
Aevo TRUMP-PERP	+0.0024%	1h	2.1395	−0.117%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1397	−0.107%	$945K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1427	+0.033%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1422	+0.008%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1424	+0.019%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1420	0.000%	$399K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1420	0.000%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1410	−0.047%	$15.3M	$27.2M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1396	−0.111%	$177K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1440	+0.093%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDTlong	+0.0100%	4h	2.1420	long leg	$482K	$2.5M	50x
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1420	0.000%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1440	+0.093%	$205K	$421K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0330%	1h	2.1425	+0.023%	$379K	$414K	10x	as long as short