TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against SunX−0.458%7-day average −0.108% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 4 days (all we have)+0.315%+$32 · spread now −0.458%, 7d avg −0.108%

Together, before fees+0.161%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.349% cheaper against SunX than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.108%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TRUMP-USDT	2.1840	0.0100	pay 0.0050% / 4h	1h 29m	$2K	$1.6M	50x
Short	Bybit TRUMPUSDT	2.1740	0.0053	get 0.0027% / 4h	1h 29m	$31.0M	$48.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.458%Rate

Funding earned: −$9.81
Price spread: −0.458% → −0.108%: −$34.95
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$63.76
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 6 min ago; Bybit: live order book, 5 min ago. Net counts fees only.

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, 6 min ago	503.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	2.30 bp	11.4 bp −$11	19.9 bp −$199	115.4 bp −$11.5K	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	−0.1659%	1h	2.1710	−0.595%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1801	−0.178%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0076%	4h	2.1760	−0.366%	$7.6M	$49.9M	75x	as long as short
Lighter TRUMP	−0.0032%	1h	2.1756	−0.385%	$969K	$795K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1835	−0.021%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1784	−0.256%	$410K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1810	−0.137%	$42K	—	150x	as long as short
SoDEX TRUMP-USD	+0.0021%	1h	2.1760	−0.366%	$84	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	+0.0042%	8h	2.1809	−0.141%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1761	−0.363%	$106K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TRUMPUSDTshort	+0.0053%	4h	2.1740	−0.458%	$31.0M	$48.4M	50x
Orderly PERP_TRUMP_USDC	+0.0075%	4h	2.1780	−0.275%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1783	−0.260%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1790	−0.230%	$431K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1823	−0.079%	$188K	$55K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1749	−0.417%	$62.9M	$237.3M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1750	−0.412%	$27.6M	$170.6M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1760	−0.366%	$427K	$143K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1770	−0.321%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1770	−0.321%	$15.5M	$25.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	−0.043%	$685K	$453K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1840	+0.001%	$178K	$4.5M	10x	as long as short
SunX TRUMP-USDTlong	+0.0100%	4h	2.1840	long leg	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1790	−0.229%	$533K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1759	−0.371%	$116K	$706K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1759	−0.371%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0121%	1h	2.1780	−0.275%	$255K	$320K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1807	−0.152%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0288%	1h	2.1779	−0.279%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1760	−0.366%	$4.2M	$657K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1650	−0.870%	$280K	$297K	50x	as long as short