Funding you earn now, next payment 12:00 UTC+0.0218%/8h= +23.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against MEXC+0.140%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.140%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.090% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TRUMP_USDC | 2.1420 | −0.0254 | get 0.0127% / 4h | 1h 02m | $388K | $145K | 125x |
| Short | Bitget TRUMPUSDT | 2.1450 | −0.0036 | pay 0.0018% / 4h | 1h 02m | $15.5M | $24.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $45.78
- Price spread: +0.140% → +0.050%
- $8.97
- Slippage, 4 orders
- −$23.13
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $19.62
- Costs to cover
- 0.351%
- Break-even
- 4.0 days
Slippage from MEXC: live order book, 35 min ago; Bitget: live order book, 5 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 MEXC live order book, 35 min ago | 2.34 bp | 6.0 bp −$6 | 14.2 bp −$142 | 114.5 bp −$11.5K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.33 bp | 11.4 bp −$11 | 15.9 bp −$159 | 40.2 bp −$4,024 | doesn't fit |
TRUMP on 32 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX TRUMP-USD | −0.0438% | 1h | 2.1435 | +0.070% | $82 | $6K | 5x | as long as short |
| Variational Omni TRUMP | −0.0378% | 4h | 2.1449 | +0.137% | $667K | $400K | — | as long as short |
| Extended TRUMP-USD | −0.0376% | 1h | 2.1428 | +0.037% | $74K | $488K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0372% | 4h | 2.1434 | +0.065% | $62.7M | $236.5M | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0345% | 4h | 2.1440 | +0.093% | $27.1M | $172.7M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0309% | 1h | 2.1445 | +0.117% | $385K | $79K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0296% | 1h | 2.1410 | −0.047% | $128K | $521K | 50x | as long as short |
| Bybit TRUMPUSDT | −0.0293% | 4h | 2.1440 | +0.093% | $31.2M | $48.2M | 50x | as long as short |
| MEXC TRUMP_USDClong | −0.0254% | 4h | 2.1420 | long leg | $388K | $145K | 125x | |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1429 | +0.044% | $5 | — | 10x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRUMP | −0.0208% | 1h | 2.1436 | +0.075% | $918K | $969K | 10x | as long as short |
| Gate TRUMP_USDT | −0.0194% | 4h | 2.1440 | +0.093% | $7.7M | $48.1M | 75x | as long as short |
| KuCoin TRUMPUSDTM | −0.0190% | 4h | 2.1440 | +0.093% | $4.3M | $10.1M | 50x | as long as short |
| edgeX TRUMPUSDC | −0.0186% | 4h | 2.1429 | +0.040% | $105K | $253K | 20x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0170% | 8h | 2.1435 | +0.070% | $5K | $175 | 5x | as long as short |
| BloFin TRUMP-USDT | −0.0133% | 4h | 2.1440 | +0.093% | $4.3M | $658K | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0096% | 4h | 2.1430 | +0.047% | $5K | $293K | 10x | as long as short |
| Bitget TRUMPUSDTshort | −0.0036% | 4h | 2.1450 | +0.140% | $15.5M | $24.8M | 75x | |
| Aevo TRUMP-PERP | −0.0016% | 1h | 2.1422 | +0.009% | $19K | — | 3x | as long as short |
| dYdX TRUMP-USD | −0.0006% | 1h | 2.1455 | +0.165% | $25K | $3K | 5x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0008% | 4h | 2.1445 | +0.115% | $180K | $4.0M | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1453 | +0.155% | $40K | — | 150x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0023% | 1h | 2.1475 | +0.259% | $1.4M | $2.1M | 50x | as long as short |
| Injective TRUMP/USDC PERP | +0.0033% | 1h | 2.1600 | +0.840% | $13K | $157K | 12x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1460 | +0.187% | $13.5M | $7.3M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1451 | +0.144% | $405K | $647K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1444 | +0.112% | $184K | $54K | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1470 | +0.233% | $2K | $1.4M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1470 | +0.233% | $487K | $2.4M | 50x | as long as short |
| Phemex TRUMPUSDT | +0.0100% | 4h | 2.1440 | +0.093% | $252K | $563K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0171% | 1h | 2.1474 | +0.252% | $384K | $391K | 10x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0213% / S −0.0214% | 1h | 2.1467 | +0.218% | $11K | — | 100x | as long as short |
MEXC TRUMP_USDC
Bitget TRUMPUSDT
SoDEX TRUMP-USD
Variational Omni TRUMP
Extended TRUMP-USD
Binance TRUMPUSDT
OKX TRUMP-USDT-SWAP
Deribit TRUMP_USDC-PERPETUAL
Coinbase International TRUMP-PERP-INTX
Bybit TRUMPUSDT
Lighter TRUMP
Gate TRUMP_USDT
KuCoin TRUMPUSDTM
edgeX TRUMPUSDC
Paradex TRUMP-USD-PERP
BloFin TRUMP-USDT
GRVT TRUMP_USDT_Perp
gTrade (Gains Network) TRUMP/USD
Kraken Futures PF_TRUMPUSD
Injective TRUMP/USDC PERP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
SunX TRUMP-USDT
HTX TRUMP-USDT
Phemex TRUMPUSDT
Backpack TRUMP_USDC_PERP
GMX TRUMP/USD [ETH-USDC]