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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Hyperliquid against Aevo+0.142%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.142% dearer against Aevo than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.17850.0104pay 0.0013% / 1h34m 02s$19K3x
ShortHyperliquid TRUMP2.18160.0146get 0.0018% / 1h34m 02s$14.1M$7.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$8.87
Price spread: +0.142% → 0.000%
$14.23
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$1.9
Costs to cover
0.250%
Break-even
8.5 days
Slippage unknown: Aevo: no order-book sample; Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago0.23 bp9.9 bp −$10doesn't fitdoesn'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−0.1787%1h2.1600−0.849%$13K$119K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1797+0.053%$510xas long as short
Kraken Futures PF_TRUMPUSD−0.0131%1h2.1798+0.061%$1.0M$2.1M50xas long as short
dYdX TRUMP-USD0.0000%1h2.1799+0.064%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1805+0.092%$409K$79K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1802+0.076%$41K150xas long as short
Lighter TRUMP+0.0024%1h2.1774−0.050%$970K$658K10xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1731−0.249%$118K$243K20xas long as short
Paradex TRUMP-USD-PERP+0.0071%8h2.1796+0.050%$5K5xas long as short
Orderly PERP_TRUMP_USDC+0.0086%4h2.1800+0.069%$3K$249K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TRUMP_USDC+0.0090%4h2.1790+0.023%$479K$134K125xas long as short
Aster TRUMPUSDT+0.0100%4h2.1800+0.069%$457K$834K20xas long as short
Pacifica TRUMP+0.0100%1h2.1804+0.088%$188K$60K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1789+0.018%$62.0M$215.5M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1780−0.023%$30.4M$42.0M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1790+0.023%$26.5M$147.3M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1790+0.023%$7.4M$46.8M75xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1790+0.023%$4.7M$10.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1800+0.069%$15.4M$20.2M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1744−0.187%$679K$262Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1770−0.069%$185K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1830+0.207%$2K$1.5M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1790+0.023%$71$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.1830+0.207%$512K$1.7M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1783−0.011%$75K$471K25xas long as short
Aevo TRUMP-PERPlong+0.0104%1h2.1785long leg$19K3x
Hyperliquid TRUMPshort+0.0146%1h2.1816+0.142%$14.1M$7.4M10x
Backpack TRUMP_USDC_PERP+0.0173%1h2.1816+0.142%$261K$262K10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1803+0.084%$10K100xas long as short
Coinbase International TRUMP-PERP-INTX+0.0288%1h2.1830+0.207%$280K$398K50xas long as short
BloFin TRUMP-USDT+0.0340%4h2.1810+0.115%$4.2M$494K75xas long as short