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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.025%
Price spread now: GMX against Aevo−0.024%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.024% cheaper against Aevo than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 23 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.21990.0104pay 0.0013% / 1h48m 02s$19K3x
ShortGMX TRUMP/USD [ETH-USDC]2.2193L +0.0217% / S −0.0188%get 0.0023% / 1h48m 02s$10K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$17.62
Price spread: −0.024% → 0.000%
−$2.38
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
−$12.75
Costs to cover
0.280%
Break-even
12.1 days
Slippage unknown: Aevo: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
Aevo and GMX: 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−0.1623%1h2.2190−0.039%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.2162−0.167%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.2276+0.347%$28K$5125xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.2219+0.092%$418K$80K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.2194−0.019%$43K150xas long as short
Lighter TRUMP+0.0040%1h2.2215+0.074%$987K$786K10xas long as short
edgeX TRUMPUSDC+0.0050%4h2.2075−0.557%$107K$263K20xas long as short
Paradex TRUMP-USD-PERP+0.0079%8h2.2254+0.251%$5K$1755xas long as short
Orderly PERP_TRUMP_USDC+0.0088%4h2.2200+0.006%$3K$244K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.2279+0.364%$14.9M$6.9M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRUMPUSDT+0.0100%4h2.2222+0.105%$438K$862K20xas long as short
Pacifica TRUMP+0.0100%1h2.2271+0.325%$192K$57K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.2233+0.157%$64.4M$234.3M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.2230+0.141%$31.7M$47.7M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.2230+0.141%$28.9M$169.3M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.2230+0.141%$7.8M$48.1M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.2200+0.006%$442K$144K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.2240+0.186%$4.1M$10.9M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.2230+0.141%$16.0M$23.8M75xas long as short
Variational Omni TRUMP+0.0100%4h2.2202+0.013%$701K$446Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.2176−0.100%$181K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.2220+0.096%$2K$1.6M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.2215+0.074%$81$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.2230+0.141%$577K$1.9M50xas long as short
Extended TRUMP-USD+0.0104%1h2.2204+0.026%$76K$601K25xas long as short
Aevo TRUMP-PERPlong+0.0104%1h2.2199long leg$19K3x
GMX TRUMP/USD [ETH-USDC]shortL +0.0217% / S −0.0188%1h2.2193−0.024%$10K100x
BloFin TRUMP-USDT+0.0340%4h2.2230+0.141%$4.4M$697K75xas long as short
Backpack TRUMP_USDC_PERP+0.0365%1h2.2259+0.272%$260K$319K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0507%1h2.2252+0.240%$1.3M$2.4M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0536%1h2.2100−0.444%$286K$307K50xas long as short