TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.066%

Price spread now: BloFin against OKX+0.407%823s7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as 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−$400.403% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.299%+$30 on $10k

Price spread, last 3 days (all we have)−0.398%−$40 · spread now +0.407%, 7d avg +0.029%

Together, before fees−0.099%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.377% dearer against OKX than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 823 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	OKX TRUMP-USDT-SWAP	2.2140	0.0100	pay 0.0050% / 4h	2h 35m	$29.0M	$171.0M	50x
Short	BloFin TRUMP-USDT	2.2230	0.0340	get 0.0170% / 4h	2h 35m	$4.4M	$697K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.407%Rate

Funding earned: $50.4
Price spread: +0.407% → +0.029%: $37.73
Slippage, 4 orders: −$18.34
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $47.79
Costs to cover: 0.403%
Break-even: 0.4 days

Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 13 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 OKX live order book, 4 min ago	2.27 bp	9.2 bp −$9	13.4 bp −$134	42.0 bp −$4,201	doesn't fit
Sell BloFin live order book, 13 min ago	4.50 bp	13.4 bp −$13	15.2 bp −$152	40.6 bp −$4,058	163.5 bp −$81.7K

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	−0.1623%	1h	2.1900	−1.084%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2137	−0.015%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2146	+0.026%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2138	−0.009%	$417K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2134	−0.026%	$43K	—	150x	as long as short
Gate TRUMP_USDT	+0.0016%	4h	2.2140	0.000%	$7.8M	$48.9M	75x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2067	−0.331%	$107K	$262K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0077%	8h	2.2142	+0.011%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0087%	4h	2.2130	−0.045%	$3K	$240K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2129	−0.050%	$983K	$789K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.2161	+0.095%	$14.7M	$7.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2148	+0.037%	$438K	$861K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2143	+0.013%	$191K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2140	0.000%	$64.3M	$236.0M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2140	0.000%	$31.7M	$48.3M	50x	as long as short
OKX TRUMP-USDT-SWAPlong	+0.0100%	4h	2.2140	long leg	$29.0M	$171.0M	50x
MEXC TRUMP_USDC	+0.0100%	4h	2.2130	−0.045%	$441K	$145K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2140	0.000%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2150	+0.045%	$15.9M	$24.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2122	−0.083%	$697K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2076	−0.288%	$182K	$4.7M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2170	+0.136%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2129	−0.050%	$80	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2180	+0.181%	$553K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2139	−0.003%	$76K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2125	−0.068%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2138	−0.008%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0314%	1h	2.2149	+0.041%	$259K	$323K	10x	as long as short
BloFin TRUMP-USDTshort	+0.0340%	4h	2.2230	+0.407%	$4.4M	$697K	75x
Kraken Futures PF_TRUMPUSD	+0.0510%	1h	2.2148	+0.036%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2120	−0.090%	$287K	$307K	50x	as long as short