Funding you earn now, next payment 12:00 UTC+0.0131%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.048%
Price spread now: BloFin against MEXC+0.422%94s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as 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−$390.388% of the position
Funding, last 7 days+0.460%+$46 on $10k
+Price spread, last 4 days (all we have)−0.358%−$36 · spread now +0.422%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.385% dearer against MEXC than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.036%. The two prices were read 94 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 | MEXC TRUMP_USDC | 2.1340 | −0.0266 | get 0.0133% / 4h | 53m 42s | $386K | $142K | 125x |
| Short | BloFin TRUMP-USDT | 2.1430 | −0.0135 | pay 0.0067% / 4h | 53m 42s | $4.3M | $658K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $27.61
- Price spread: +0.422% → +0.036%
- $38.53
- Slippage, 4 orders
- −$26.85
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $27.29
- Costs to cover
- 0.388%
- Break-even
- 0.1 days
Slippage from MEXC: live order book, 43 min ago; BloFin: live order book, 3 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, 43 min ago | 2.34 bp | 6.0 bp −$6 | 14.2 bp −$142 | 114.5 bp −$11.5K | doesn't fit |
| Sell BloFin live order book, 3 min ago | 7.00 bp | 13.0 bp −$13 | 15.9 bp −$159 | 25.7 bp −$2,571 | 87.4 bp −$43.7K |
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 | −0.0461% | 1h | 2.1395 | +0.258% | $80 | $6K | 5x | as long as short |
| Binance TRUMPUSDT | −0.0379% | 4h | 2.1370 | +0.141% | $62.5M | $236.0M | 75x | as long as short |
| Extended TRUMP-USD | −0.0376% | 1h | 2.1358 | +0.083% | $74K | $483K | 25x | as long as short |
| Variational Omni TRUMP | −0.0374% | 4h | 2.1409 | +0.325% | $666K | $399K | — | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0321% | 4h | 2.1360 | +0.094% | $27.0M | $171.8M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0320% | 1h | 2.1410 | +0.328% | $128K | $521K | 50x | as long as short |
| Bybit TRUMPUSDT | −0.0312% | 4h | 2.1360 | +0.094% | $31.1M | $48.2M | 50x | as long as short |
| MEXC TRUMP_USDClong | −0.0266% | 4h | 2.1340 | long leg | $386K | $142K | 125x | |
| Lighter TRUMP | −0.0248% | 1h | 2.1367 | +0.127% | $913K | $929K | 10x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1379 | +0.184% | $5 | — | 10x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.0232% | 4h | 2.1370 | +0.141% | $7.7M | $46.2M | 75x | as long as short |
| KuCoin TRUMPUSDTM | −0.0220% | 4h | 2.1380 | +0.187% | $4.3M | $10.1M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0217% | 1h | 2.1403 | +0.295% | $384K | $79K | 10x | as long as short |
| edgeX TRUMPUSDC | −0.0187% | 4h | 2.1416 | +0.358% | $104K | $253K | 20x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0163% | 8h | 2.1362 | +0.104% | $5K | $175 | 5x | as long as short |
| BloFin TRUMP-USDTshort | −0.0135% | 4h | 2.1430 | +0.422% | $4.3M | $658K | 75x | |
| Orderly PERP_TRUMP_USDC | −0.0091% | 4h | 2.1390 | +0.234% | $5K | $292K | 10x | as long as short |
| Bitget TRUMPUSDT | −0.0032% | 4h | 2.1370 | +0.141% | $15.5M | $24.7M | 75x | as long as short |
| Aevo TRUMP-PERP | −0.0016% | 1h | 2.1381 | +0.194% | $19K | — | 3x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1394 | +0.254% | $25K | $3K | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1410 | +0.328% | $40K | — | 150x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0016% | 4h | 2.1450 | +0.515% | $180K | $4.0M | 10x | as long as short |
| Injective TRUMP/USDC PERP | +0.0033% | 1h | 2.1350 | +0.047% | $12K | $157K | 12x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1397 | +0.267% | $13.5M | $7.3M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1371 | +0.147% | $403K | $647K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1381 | +0.192% | $184K | $54K | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1430 | +0.422% | $1K | $1.4M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1420 | +0.375% | $486K | $2.4M | 50x | as long as short |
| Phemex TRUMPUSDT | +0.0100% | 4h | 2.1420 | +0.375% | $269K | $597K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0202% | 1h | 2.1422 | +0.384% | $382K | $391K | 10x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0217% / S −0.0219% | 1h | 2.1414 | +0.347% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0327% | 1h | 2.1435 | +0.444% | $1.4M | $2.1M | 50x | as long as short |
MEXC TRUMP_USDC
BloFin TRUMP-USDT
SoDEX TRUMP-USD
Binance TRUMPUSDT
Extended TRUMP-USD
Variational Omni TRUMP
OKX TRUMP-USDT-SWAP
Coinbase International TRUMP-PERP-INTX
Bybit TRUMPUSDT
Lighter TRUMP
Gate TRUMP_USDT
KuCoin TRUMPUSDTM
Deribit TRUMP_USDC-PERPETUAL
edgeX TRUMPUSDC
Paradex TRUMP-USD-PERP
Bitget TRUMPUSDT
gTrade (Gains Network) TRUMP/USD
GRVT TRUMP_USDT_Perp
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]
Kraken Futures PF_TRUMPUSD