Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.017%

Price spread now: Gate against Aevo+0.018%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Gate

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TRUMP-PERP	2.1686	0.0024	pay 0.0003% / 1h	11m 15s	$19K	—	3x
Short	Gate TRUMP_USDT	2.1690	−0.0060	pay 0.0030% / 4h	3h 11m	$7.8M	$50.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee AevobpFee GatebpOrdersPrice spread, now +0.018%Rate

Funding earned: −$17.64
Price spread: +0.018% → 0.000%: $1.8
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$46.84
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 3 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 Aevo no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	2.31 bp	13.2 bp −$13	27.2 bp −$272	65.6 bp −$6,563	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1829%	1h	2.1600	−0.397%	$13K	$157K	12x	as long as short
Bybit TRUMPUSDT	−0.0401%	4h	2.1690	+0.018%	$31.3M	$50.9M	50x	as long as short
Variational Omni TRUMP	−0.0331%	4h	2.1712	+0.119%	$674K	$419K	—	as long as short
SoDEX TRUMP-USD	−0.0276%	1h	2.1695	+0.041%	$68	$6K	5x	as long as short
OKX TRUMP-USDT-SWAP	−0.0255%	4h	2.1690	+0.018%	$27.3M	$181.5M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1691	+0.025%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0226%	4h	2.1713	+0.125%	$63.4M	$244.9M	75x	as long as short
Extended TRUMP-USD	−0.0224%	1h	2.1680	−0.030%	$75K	$491K	25x	as long as short
Lighter TRUMP	−0.0208%	1h	2.1696	+0.046%	$946K	$996K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1640	−0.213%	$143K	$510K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0134%	8h	2.1685	−0.006%	$5K	$175	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0118%	1h	2.1709	+0.106%	$393K	$68K	10x	as long as short
edgeX TRUMPUSDC	−0.0111%	4h	2.1691	+0.021%	$106K	$254K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0085%	4h	2.1680	−0.028%	$5K	$309K	10x	as long as short
Gate TRUMP_USDTshort	−0.0060%	4h	2.1690	+0.018%	$7.8M	$50.7M	75x
KuCoin TRUMPUSDTM	−0.0046%	4h	2.1680	−0.028%	$4.2M	$10.6M	50x	as long as short
dYdX TRUMP-USD	−0.0012%	1h	2.1687	+0.002%	$26K	$1K	5x	as long as short
Bitget TRUMPUSDT	+0.0008%	4h	2.1700	+0.064%	$15.4M	$26.1M	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1705	+0.089%	$41K	—	150x	as long as short
BloFin TRUMP-USDT	+0.0014%	4h	2.1690	+0.018%	$4.3M	$692K	75x	as long as short
Aevo TRUMP-PERPlong	+0.0024%	1h	2.1686	long leg	$19K	—	3x
MEXC TRUMP_USDC	+0.0064%	4h	2.1680	−0.028%	$403K	$150K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1706	+0.092%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1718	+0.147%	$413K	$651K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1684	−0.010%	$186K	$54K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1695	+0.043%	$183K	$4.2M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1700	+0.064%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1710	+0.110%	$501K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0120%	1h	2.1731	+0.206%	$1.3M	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0170% / S −0.0143%	1h	2.1692	+0.027%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0364%	1h	2.1718	+0.147%	$384K	$413K	10x	as long as short