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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0186%/8h= +20.3% APRnext payment +$0.23 per $10,000 · paid last 24h −0.012%
Price spread now: Kraken Futures against Aevo+0.084%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.084% dearer against Aevo than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.16360.0104pay 0.0013% / 1h6m 41s$19K3x
ShortKraken Futures PF_TRUMPUSD2.16540.0290get 0.0036% / 1h6m 41s$1.3M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$39.01
Price spread: +0.084% → 0.000%
$8.36
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$21.36
Costs to cover
0.260%
Break-even
3.2 days
Slippage unknown: Aevo: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Kraken Futures live order book, 2 min ago4.61 bp20.2 bp −$2030.1 bp −$301doesn'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−0.1659%1h2.1580−0.258%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1641+0.025%$510xas long as short
SoDEX TRUMP-USD−0.0069%1h2.1625−0.050%$83$6K5xas long as short
Gate TRUMP_USDT−0.0038%4h2.1600−0.165%$7.6M$50.2M75xas long as short
Lighter TRUMP−0.0024%1h2.1602−0.156%$954K$906K10xas long as short
dYdX TRUMP-USD0.0000%1h2.1626−0.047%$27K$5125xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1647+0.052%$407K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1660+0.112%$42K150xas long as short
Bybit TRUMPUSDT+0.0022%4h2.1590−0.211%$30.7M$48.6M50xas long as short
Paradex TRUMP-USD-PERP+0.0027%8h2.1594−0.194%$5K$1755xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TRUMPUSDC+0.0050%4h2.1694+0.271%$106K$263K20xas long as short
Orderly PERP_TRUMP_USDC+0.0069%4h2.1640+0.020%$4K$236K10xas long as short
Variational Omni TRUMP+0.0080%4h2.1731+0.439%$685K$456Kas long as short
Hyperliquid TRUMP+0.0100%1h2.1637+0.006%$14.3M$7.5M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1620−0.073%$427K$827K20xas long as short
Pacifica TRUMP+0.0100%1h2.1607−0.134%$186K$53K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1601−0.160%$62.5M$237.9M75xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1590−0.211%$27.5M$170.1M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1590−0.211%$414K$151K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1620−0.073%$4.0M$11.0M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1590−0.211%$15.6M$25.5M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1650+0.066%$253K$317K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1690+0.251%$177K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1650+0.066%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1660+0.112%$532K$2.0M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1579−0.260%$74K$750K25xas long as short
Aevo TRUMP-PERPlong+0.0104%1h2.1636long leg$19K3x
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1656+0.092%$10K100xas long as short
Kraken Futures PF_TRUMPUSDshort+0.0290%1h2.1654+0.084%$1.3M$2.2M50x
BloFin TRUMP-USDT+0.0340%4h2.1650+0.066%$4.3M$654K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0504%1h2.1640+0.020%$280K$284K50xas long as short