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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against Aster−0.036%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.400% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.358%+$36 on $10k
Price spread, last 3 days (all we have)+0.011%+$1 · spread now −0.036%, 7d avg −0.013%
Together, before fees+0.369%+ Points / potential airdropAster: Stage 5 · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.024% cheaper against Aster than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of −0.013%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TRUMPUSDT2.18180.0100pay 0.0050% / 4h3h 56m$454K$836K20x
ShortBloFin TRUMP-USDT2.18100.0340get 0.0170% / 4h3h 56m$4.2M$631K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$50.4
Price spread: −0.036% → −0.013%
−$2.39
Slippage, 4 orders
−$19.98
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$8.03
Costs to cover
0.400%
Break-even
5.9 days
Slippage from Aster: live order book, 16 min ago; BloFin: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 16 min ago4.58 bp8.9 bp −$919.2 bp −$192doesn't fitdoesn't fit
Sell BloFin live order book, 12 min ago4.56 bp10.6 bp −$1121.2 bp −$21244.9 bp −$4,488117.7 bp −$58.9K

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−0.1608%1h2.1730−0.403%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1822+0.019%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.1837+0.086%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1816−0.009%$409K$77K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1836+0.084%$41K150xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1848+0.139%$119K$248K20xas long as short
Orderly PERP_TRUMP_USDC+0.0095%4h2.1810−0.036%$3K$249K10xas long as short
Lighter TRUMP+0.0096%1h2.1807−0.050%$978K$705K10xas long as short
Paradex TRUMP-USD-PERP+0.0098%8h2.1835+0.078%$5K5xas long as short
Aster TRUMPUSDTlong+0.0100%4h2.1818long leg$454K$836K20x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica TRUMP+0.0100%1h2.1844+0.118%$188K$60K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1825+0.033%$62.7M$227.0M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1820+0.009%$30.6M$44.8M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1820+0.009%$27.1M$152.9M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1810−0.036%$7.4M$46.5M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1800−0.082%$472K$131K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1810−0.036%$4.2M$10.3M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1820+0.009%$15.5M$21.9M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1862+0.202%$638K$377Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1888+0.322%$187K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1850+0.147%$2K$1.6M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1809−0.041%$74$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.1860+0.193%$553K$1.9M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1811−0.032%$75K$463K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.1817−0.003%$19K3xas long as short
Hyperliquid TRUMP+0.0135%1h2.1852+0.156%$14.2M$7.6M10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1831+0.059%$10K100xas long as short
BloFin TRUMP-USDTshort+0.0340%4h2.1810−0.036%$4.2M$631K75x
Backpack TRUMP_USDC_PERP+0.0392%1h2.1829+0.051%$255K$284K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0624%1h2.2060+1.109%$285K$388K50xas long as short
Kraken Futures PF_TRUMPUSD+0.0789%1h2.1836+0.084%$1.3M$2.5M50xas long as short