TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0285%/8h= −31.2% APRnext payment −$1.42 per $10,000 · paid last 24h −0.008%

Price spread now: Binance against SunX−0.042%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$201as in the Funding arb table

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1781.782% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.225%−$22 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.042%, 7d avg −0.097%

Together, before fees−0.296%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.055% dearer against SunX than usual: you sell high and buy low (spread −0.042% now, against its 7-day average of −0.097%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.225% in total) that is about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TRUMP-USDT	2.1480	0.0100	pay 0.0050% / 4h	1h 23m	$2K	$1.6M	50x
Short	Binance TRUMPUSDT	2.1471	−0.0185	pay 0.0092% / 4h	1h 23m	$60.6M	$252.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now −0.042%Rate

Funding earned: −$59.84
Price spread: −0.042% → −0.097%: $5.46
Slippage, 4 orders: −$160.19
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$232.56
Costs to cover: 1.782%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; Binance: 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 SunX live order book, 12 min ago	32.77 bp	66.0 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.34 bp	7.3 bp −$7	11.2 bp −$112	35.1 bp −$3,509	170.4 bp −$85.2K

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	2.1350	−0.605%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1457	−0.109%	$5	—	10x	as long as short
Binance TRUMPUSDTshort	−0.0185%	4h	2.1471	−0.042%	$60.6M	$252.1M	75x
Extended TRUMP-USD	−0.0184%	1h	2.1470	−0.048%	$74K	$529K	25x	as long as short
Variational Omni TRUMP	−0.0135%	4h	2.1481	+0.006%	$663K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0098%	4h	2.1423	−0.265%	$105K	$264K	20x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1503	+0.109%	$1.3M	$2.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	−0.0090%	4h	2.1460	−0.093%	$26.6M	$185.2M	50x	as long as short
Gate TRUMP_USDT	−0.0078%	4h	2.1470	−0.047%	$7.7M	$53.7M	75x	as long as short
Bybit TRUMPUSDT	−0.0073%	4h	2.1470	−0.047%	$30.5M	$52.6M	50x	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	2.1460	−0.093%	$5K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0041%	8h	2.1471	−0.044%	$5K	$175	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1496	+0.076%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1483	+0.014%	$405K	$81K	10x	as long as short
SoDEX TRUMP-USD	+0.0005%	1h	2.1476	−0.019%	$80	$6K	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1475	−0.023%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1460	−0.093%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0055%	4h	2.1450	−0.140%	$4.1M	$681K	75x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1461	−0.088%	$938K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1485	+0.023%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1475	−0.022%	$403K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1480	0.000%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1470	−0.047%	$399K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1470	−0.047%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1480	0.000%	$15.3M	$27.2M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1390	−0.419%	$175K	$4.6M	10x	as long as short
SunX TRUMP-USDTlong	+0.0100%	4h	2.1480	long leg	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1500	+0.093%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1481	+0.004%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1450	−0.140%	$202K	$425K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0400%	1h	2.1504	+0.112%	$381K	$417K	10x	as long as short