TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0167%/8h= −18.3% APRnext payment −$0.84 per $10,000 · paid last 24h +0.003%

Price spread now: Bybit against MEXC+0.047%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now +0.047%, 7d avg +0.049%

Together, before fees+0.265%+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.132%, 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	MEXC TRUMP_USDC	2.1490	0.0100	pay 0.0050% / 4h	1h 26m	$400K	$149K	125x
Short	Bybit TRUMPUSDT	2.1500	−0.0067	pay 0.0034% / 4h	1h 26m	$30.5M	$52.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$35.13
Price spread: +0.047% → +0.049%: −$0.26
Slippage, 4 orders: −$24.56
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$70.95
Costs to cover: 0.356%
Break-even: never at this rate

Slippage from MEXC: live order book, 8 min ago; Bybit: 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, 8 min ago	4.69 bp	9.4 bp −$9	23.5 bp −$235	116.7 bp −$11.7K	doesn't fit
Sell Bybit live order book, 3 min ago	2.34 bp	12.5 bp −$13	17.7 bp −$177	87.2 bp −$8,721	doesn't fit

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	2.1320	−0.791%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1492	+0.008%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0195%	4h	2.1500	+0.047%	$60.6M	$251.9M	75x	as long as short
Extended TRUMP-USD	−0.0192%	1h	2.1490	−0.001%	$74K	$578K	25x	as long as short
Variational Omni TRUMP	−0.0145%	4h	2.1381	−0.506%	$660K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0100%	4h	2.1400	−0.417%	$104K	$264K	20x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1524	+0.156%	$1.3M	$2.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	−0.0097%	4h	2.1490	0.000%	$26.5M	$185.4M	50x	as long as short
Bybit TRUMPUSDTshort	−0.0067%	4h	2.1500	+0.047%	$30.5M	$52.6M	50x
Gate TRUMP_USDT	−0.0064%	4h	2.1490	0.000%	$7.7M	$53.7M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	−0.0059%	4h	2.1490	0.000%	$5K	$248K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0048%	8h	2.1484	−0.026%	$5K	$175	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1504	+0.065%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1502	+0.056%	$405K	$81K	10x	as long as short
SoDEX TRUMP-USD	0.0000%	1h	2.1499	+0.042%	$82	$6K	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1505	+0.070%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1477	−0.060%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0045%	4h	2.1410	−0.372%	$4.1M	$683K	75x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1494	+0.019%	$949K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1511	+0.100%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1512	+0.100%	$404K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1480	−0.046%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.1490	long leg	$400K	$149K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1490	0.000%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1510	+0.093%	$15.3M	$27.2M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1390	−0.465%	$175K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1520	+0.140%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1520	+0.140%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1449	−0.192%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1430	−0.279%	$203K	$424K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0396%	1h	2.1535	+0.209%	$381K	$417K	10x	as long as short