Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.003%

Price spread now: HTX against Aevo+0.093%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 HTX

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.093% dearer against Aevo than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TRUMP-PERP	2.1480	0.0024	pay 0.0003% / 1h	42m 09s	$19K	—	3x
Short	HTX TRUMP-USDT	2.1500	0.0100	get 0.0050% / 4h	3h 42m	$501K	$2.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.093%Rate

Funding earned: $15.96
Price spread: +0.093% → 0.000%: $9.31
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee HTX: 6 bp × 2 orders: −$12
Net: −$2.73
Costs to cover: 0.280%
Break-even: 8.2 days

Slippage unknown: Aevo: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago	4.64 bp	24.0 bp −$24	49.9 bp −$499	doesn't fit	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	2.1430	−0.233%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0637%	1h	2.1485	+0.023%	$71	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0447%	1h	2.1497	+0.079%	$389K	$81K	10x	as long as short
Variational Omni TRUMP	−0.0275%	4h	2.1541	+0.286%	$664K	$415K	—	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1492	+0.054%	$5	—	10x	as long as short
Extended TRUMP-USD	−0.0240%	1h	2.1480	−0.002%	$74K	$494K	25x	as long as short
Binance TRUMPUSDT	−0.0236%	4h	2.1468	−0.055%	$60.9M	$247.0M	75x	as long as short
Lighter TRUMP	−0.0232%	1h	2.1473	−0.033%	$939K	$988K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0229%	4h	2.1470	−0.047%	$26.9M	$182.8M	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0148%	8h	2.1482	+0.011%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1480	0.000%	$168K	$472K	50x	as long as short
Gate TRUMP_USDT	−0.0126%	4h	2.1500	+0.093%	$7.7M	$49.6M	75x	as long as short
edgeX TRUMPUSDC	−0.0111%	4h	2.1536	+0.262%	$105K	$254K	20x	as long as short
Bybit TRUMPUSDT	−0.0104%	4h	2.1460	−0.093%	$30.6M	$51.8M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0094%	4h	2.1500	+0.093%	$5K	$290K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0016%	4h	2.1470	−0.047%	$4.1M	$10.7M	50x	as long as short
dYdX TRUMP-USD	−0.0005%	1h	2.1516	+0.168%	$27K	$501	5x	as long as short
GRVT TRUMP_USDT_Perp	0.0000%	4h	2.1549	+0.322%	$181K	$4.3M	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1505	+0.116%	$41K	—	150x	as long as short
BloFin TRUMP-USDT	+0.0010%	4h	2.1480	0.000%	$4.2M	$687K	75x	as long as short
Aevo TRUMP-PERPlong	+0.0024%	1h	2.1480	long leg	$19K	—	3x
Bitget TRUMPUSDT	+0.0040%	4h	2.1490	+0.047%	$15.3M	$26.6M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1520	+0.186%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1509	+0.134%	$403K	$719K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1494	+0.066%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1490	+0.047%	$400K	$148K	125x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1510	+0.140%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDTshort	+0.0100%	4h	2.1500	+0.093%	$501K	$2.5M	50x
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1516	+0.167%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1511	+0.142%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0340%	1h	2.1504	+0.112%	$381K	$420K	10x	as long as short