TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.060%

Price spread now: BloFin against KuCoin0.000%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$650.650% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.340%+$34 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now 0.000%, 7d avg −0.021%

Together, before fees+0.292%+$29 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 BloFin is 0.021% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRUMPUSDTM	2.1800	0.0100	pay 0.0050% / 4h	3h 39m	$4.2M	$11.1M	50x
Short	BloFin TRUMP-USDT	2.1800	0.0181	get 0.0090% / 4h	3h 39m	$4.2M	$681K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $16.94
Price spread: 0.000% → −0.021%: $2.07
Slippage, 4 orders: −$41.01
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$46
Costs to cover: 0.650%
Break-even: 26.0 days

Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 4 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 KuCoin live order book, 4 min ago	2.29 bp	16.8 bp −$17	93.1 bp −$931	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	6.86 bp	12.9 bp −$13	16.6 bp −$166	37.6 bp −$3,764	112.7 bp −$56.4K

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	−0.1765%	1h	2.1690	−0.505%	$13K	$157K	12x	as long as short
Bybit TRUMPUSDT	−0.0324%	4h	2.1800	0.000%	$30.9M	$50.0M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1791	−0.039%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0215%	1h	2.1785	−0.069%	$93	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0163%	1h	2.1790	−0.046%	$410K	$72K	10x	as long as short
Binance TRUMPUSDT	−0.0059%	4h	2.1800	0.000%	$61.7M	$244.7M	75x	as long as short
Extended TRUMP-USD	−0.0056%	1h	2.1804	+0.018%	$75K	$721K	25x	as long as short
Gate TRUMP_USDT	−0.0034%	4h	2.1790	−0.046%	$7.8M	$51.3M	75x	as long as short
Variational Omni TRUMP	−0.0032%	4h	2.1791	−0.040%	$676K	$513K	—	as long as short
edgeX TRUMPUSDC	−0.0023%	4h	2.1771	−0.134%	$106K	$263K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USD	0.0000%	1h	2.1826	+0.120%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1794	−0.028%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0032%	4h	2.1800	0.000%	$4K	$172K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0035%	8h	2.1803	+0.013%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1770	−0.138%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1784	−0.073%	$965K	$968K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1798	−0.009%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1788	−0.057%	$427K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1804	+0.020%	$188K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1790	−0.046%	$27.8M	$179.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1800	0.000%	$409K	$149K	125x	as long as short
KuCoin TRUMPUSDTMlong	+0.0100%	4h	2.1800	long leg	$4.2M	$11.1M	50x
Bitget TRUMPUSDT	+0.0100%	4h	2.1810	+0.046%	$15.8M	$25.9M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1811	+0.050%	$179K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1810	+0.046%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1810	+0.046%	$496K	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1796	−0.020%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0172%	1h	2.1814	+0.066%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDTshort	+0.0181%	4h	2.1800	0.000%	$4.2M	$681K	75x
Backpack TRUMP_USDC_PERP	+0.0360%	1h	2.1815	+0.069%	$343K	$376K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1840	+0.183%	$282K	$279K	50x	as long as short