TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h −0.016%

Price spread now: edgeX against OKX+0.237%51s7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as 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−$440.436% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.237%, 7d avg +0.016%

Together, before fees−0.196%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.221% dearer against OKX than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of +0.016%): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.8 days. At the pace of the last 7 days (−0.110% in total) that is about 14 days. The two prices were read 51 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	2.1520	0.0100	pay 0.0050% / 4h	8m 36s	$27.3M	$173.4M	50x
Short	edgeX TRUMPUSDC	2.1571	−0.0008	pay 0.0004% / 4h	8m 36s	$105K	$263K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.237%Rate

Funding earned: −$22.65
Price spread: +0.237% → +0.016%: $22.08
Slippage, 4 orders: −$24.59
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$44.17
Costs to cover: 0.436%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 49 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, 5 min ago	2.32 bp	7.3 bp −$7	10.6 bp −$106	44.7 bp −$4,471	doesn't fit
Sell edgeX live order book, 49 min ago	6.97 bp	14.4 bp −$14	39.6 bp −$396	doesn't fit	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	−0.1690%	1h	2.1420	−0.465%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1531	+0.053%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0097%	1h	2.1528	+0.037%	$94	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0042%	4h	2.1530	+0.046%	$7.6M	$51.1M	75x	as long as short
Extended TRUMP-USD	−0.0024%	1h	2.1509	−0.051%	$74K	$721K	25x	as long as short
Binance TRUMPUSDT	−0.0023%	4h	2.1525	+0.025%	$60.4M	$242.2M	75x	as long as short
Variational Omni TRUMP	−0.0011%	4h	2.1571	+0.237%	$666K	$488K	—	as long as short
Lighter TRUMP	−0.0008%	1h	2.1525	+0.023%	$952K	$957K	10x	as long as short
edgeX TRUMPUSDCshort	−0.0008%	4h	2.1571	+0.237%	$105K	$263K	20x
dYdX TRUMP-USD	−0.0002%	1h	2.1536	+0.075%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1539	+0.088%	$405K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1544	+0.113%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0035%	8h	2.1515	−0.024%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0043%	4h	2.1530	+0.046%	$4K	$200K	10x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1520	0.000%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1544	+0.112%	$13.6M	$7.9M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1543	+0.108%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1544	+0.112%	$185K	$52K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1520	0.000%	$30.5M	$49.6M	50x	as long as short
OKX TRUMP-USDT-SWAPlong	+0.0100%	4h	2.1520	long leg	$27.3M	$173.4M	50x
MEXC TRUMP_USDC	+0.0100%	4h	2.1530	+0.046%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1540	+0.093%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1520	0.000%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1565	+0.209%	$343K	$366K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1540	+0.093%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1560	+0.186%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1540	+0.093%	$503K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1546	+0.121%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0220%	4h	2.1540	+0.093%	$4.1M	$682K	75x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1559	+0.180%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1580	+0.279%	$279K	$276K	50x	as long as short