Settings8H · net · $10k
Funding arb · Price arb /

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRnext payment $0.20 per $10,000 · paid last 24h +0.082%
Price spread now: Coinbase International against Aevo−0.074%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Coinbase International is 0.074% cheaper against Aevo than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.15260.0024pay 0.0003% / 1h45m 14s$19K3x
ShortCoinbase International TRUMP-PERP-INTX2.1510−0.0136pay 0.0017% / 1h45m 14s$168K$473K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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

Funding earned
−$33.6
Price spread: −0.074% → 0.000%
−$7.39
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$66.99
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 53 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Coinbase International live order book, 53 min ago7.01 bp12.0 bp −$1216.1 bp −$161doesn't fitdoesn't fit
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TRUMP on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRUMP/USDC PERP−0.1829%1h2.1450−0.353%$13K$157K12xas long as short
SoDEX TRUMP-USD−0.0589%1h2.1545+0.089%$72$6K5xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0492%1h2.1551+0.117%$406K$65K10xas long as short
Variational Omni TRUMP−0.0275%4h2.1541+0.072%$664K$415Kas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1542+0.073%$510xas long as short
Binance TRUMPUSDT−0.0227%4h2.1540+0.065%$61.0M$247.4M75xas long as short
Extended TRUMP-USD−0.0224%1h2.1539+0.062%$74K$494K25xas long as short
OKX TRUMP-USDT-SWAP−0.0223%4h2.1540+0.065%$27.0M$183.5M50xas long as short
Lighter TRUMP−0.0176%1h2.1546+0.093%$942K$988K10xas long as short
Coinbase International TRUMP-PERP-INTXshort−0.0136%1h2.1510−0.074%$168K$473K50x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRUMP-USD-PERP−0.0134%8h2.1536+0.049%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0108%4h2.1541+0.071%$105K$253K20xas long as short
Orderly PERP_TRUMP_USDC−0.0092%4h2.1540+0.065%$5K$291K10xas long as short
KuCoin TRUMPUSDTM−0.0006%4h2.1550+0.112%$4.1M$10.7M50xas long as short
dYdX TRUMP-USD−0.0004%1h2.1578+0.242%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1566+0.186%$41K150xas long as short
BloFin TRUMP-USDT+0.0013%4h2.1540+0.065%$4.2M$689K75xas long as short
Gate TRUMP_USDT+0.0018%4h2.1550+0.112%$7.7M$49.6M75xas long as short
Bybit TRUMPUSDT+0.0022%4h2.1550+0.112%$30.8M$52.0M50xas long as short
Aevo TRUMP-PERPlong+0.0024%1h2.1526long leg$19K3x
GRVT TRUMP_USDT_Perp+0.0030%4h2.1540+0.065%$181K$4.3M10xas long as short
Bitget TRUMPUSDT+0.0046%4h2.1560+0.158%$15.4M$26.6M75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1568+0.196%$13.7M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1571+0.210%$405K$718K20xas long as short
Pacifica TRUMP+0.0100%1h2.1562+0.168%$185K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1550+0.112%$401K$148K125xas long as short
SunX TRUMP-USDT+0.0100%4h2.1580+0.251%$2K$1.5M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1570+0.205%$503K$2.5M50xas long as short
Kraken Futures PF_TRUMPUSD+0.0121%1h2.1577+0.237%$1.3M$2.3M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1561+0.163%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0360%1h2.1582+0.261%$383K$420K10xas long as short