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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Extended against Binance−0.028%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.343% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.028%, 7d avg −0.045%
Together, before fees−0.100%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TRUMPUSDT2.1800−0.0032get 0.0016% / 4h3h 51m$61.4M$243.1M75x
ShortExtended TRUMP-USD2.1794−0.0032pay 0.0004% / 1h51m 55s$75K$722K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
−$0.02
Price spread: −0.028% → −0.045%
$1.68
Slippage, 4 orders
−$19.33
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$32.67
Costs to cover
0.343%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Extended: live order book, 1 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 Binance live order book, 7 min ago2.32 bp7.3 bp −$713.2 bp −$13241.4 bp −$4,138304.5 bp −$152.2K
Sell Extended live order book, 1 min ago6.89 bp9.9 bp −$1032.2 bp −$322doesn't fitdoesn't fit

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−0.1765%1h2.1610−0.872%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1806+0.030%$510xas long as short
Extended TRUMP-USDshort−0.0032%1h2.1794−0.028%$75K$722K25x
Binance TRUMPUSDTlong−0.0032%4h2.1800long leg$61.4M$243.1M75x
edgeX TRUMPUSDC−0.0015%4h2.1688−0.513%$106K$263K20xas long as short
dYdX TRUMP-USD0.0000%1h2.1816+0.074%$27K$5125xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1808+0.037%$410K$72K10xas long as short
Variational Omni TRUMP+0.0006%4h2.1621−0.820%$681K$503Kas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1814+0.066%$41K150xas long as short
Orderly PERP_TRUMP_USDC+0.0041%4h2.1810+0.046%$4K$181K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRUMP-USD-PERP+0.0043%8h2.1803+0.012%$5K$1755xas long as short
SoDEX TRUMP-USD+0.0058%1h2.18000.000%$95$6K5xas long as short
Aevo TRUMP-PERP+0.0072%1h2.1811+0.053%$19K3xas long as short
Lighter TRUMP+0.0088%1h2.1794−0.028%$964K$958K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1820+0.092%$13.8M$7.9M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1815+0.067%$427K$794K20xas long as short
Pacifica TRUMP+0.0100%1h2.1818+0.081%$188K$52K10xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1810+0.046%$30.8M$49.8M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1790−0.046%$27.5M$176.6M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1810+0.046%$7.8M$50.6M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.18000.000%$410K$149K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1820+0.092%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1810+0.046%$15.8M$25.7M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1598−0.928%$184K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1830+0.138%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.18000.000%$518K$2.3M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1815+0.068%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0171%1h2.1827+0.124%$1.3M$2.2M50xas long as short
BloFin TRUMP-USDT+0.0208%4h2.1810+0.046%$4.2M$684K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0400%1h2.1520−1.284%$278K$275K50xas long as short
Backpack TRUMP_USDC_PERP+0.0471%1h2.1831+0.142%$343K$375K10xas long as short