Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Aster0.000%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$490.491% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)−0.181%−$18 · spread now 0.000%, 7d avg −0.009%

Together, before fees−0.161%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TRUMPUSDT	2.1900	0.0100	pay 0.0050% / 4h	1h 13m	$455K	$833K	20x
Short	KuCoin TRUMPUSDTM	2.1900	0.0100	get 0.0050% / 4h	1h 13m	$4.6M	$10.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.009%: $0.97
Slippage, 4 orders: −$29.08
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$48.12
Costs to cover: 0.491%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; KuCoin: live order book, 4 min ago.

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 Aster live order book, 4 min ago	4.57 bp	9.9 bp −$10	22.6 bp −$226	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	2.29 bp	10.7 bp −$11	59.5 bp −$595	doesn't fit	doesn't fit

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	−0.1472%	1h	2.1770	−0.593%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1892	−0.036%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1887	−0.059%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1893	−0.032%	$411K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1896	−0.019%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1865	−0.159%	$119K	$249K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0087%	4h	2.1890	−0.045%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0093%	8h	2.1893	−0.030%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1882	−0.082%	$973K	$682K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1912	+0.055%	$14.0M	$7.4M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDTlong	+0.0100%	4h	2.1900	long leg	$455K	$833K	20x
Pacifica TRUMP	+0.0100%	1h	2.1900	+0.003%	$189K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1870	−0.135%	$62.4M	$219.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1880	−0.091%	$30.5M	$43.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1880	−0.091%	$26.9M	$150.4M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1890	−0.045%	$7.4M	$47.4M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1880	−0.091%	$481K	$133K	125x	as long as short
KuCoin TRUMPUSDTMshort	+0.0100%	4h	2.1900	0.000%	$4.6M	$10.4M	50x
Bitget TRUMPUSDT	+0.0100%	4h	2.1880	−0.091%	$15.5M	$21.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1892	−0.035%	$692K	$270K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1900	0.000%	$190K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1920	+0.092%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1885	−0.068%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1920	+0.092%	$532K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1871	−0.134%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1885	−0.068%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1890	−0.047%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1860	−0.182%	$4.2M	$514K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0345%	1h	2.1910	+0.046%	$259K	$274K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1920	+0.092%	$281K	$399K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0522%	1h	2.1920	+0.090%	$1.3M	$2.5M	50x	as long as short