Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Bitget+0.012%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$490.487% of the position

Long on Bitget Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.012%, 7d avg +0.023%

Together, before fees+0.188%+ Points / potential airdropPacifica: Active · farm board+$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TRUMPUSDT	2.1960	0.0100	pay 0.0050% / 4h	1h 42m	$15.6M	$20.6M	75x
Short	Pacifica TRUMP	2.1963	0.0100	get 0.0013% / 1h	42m 43s	$189K	$59K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Bitget. 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 BitgetbpFee PacificabpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → +0.023%: −$1.14
Slippage, 4 orders: −$28.73
Fee Bitget: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$49.87
Costs to cover: 0.487%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Pacifica: live order book, 40 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 Bitget live order book, 1 min ago	2.28 bp	8.3 bp −$8	12.6 bp −$126	42.2 bp −$4,215	doesn't fit
Sell Pacifica live order book, 40 min ago	7.08 bp	16.0 bp −$16	doesn't fit	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	2.1810	−0.683%	$13K	$137K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1953	−0.030%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1948	−0.055%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1950	−0.046%	$412K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1947	−0.058%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1915	−0.204%	$119K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1940	−0.091%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0089%	8h	2.1954	−0.026%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1949	−0.050%	$977K	$671K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1984	+0.109%	$14.1M	$7.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.1980	+0.091%	$458K	$831K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.1963	+0.012%	$189K	$59K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.1960	0.000%	$62.6M	$217.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1950	−0.046%	$30.8M	$42.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1960	0.000%	$26.9M	$149.5M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1960	0.000%	$7.3M	$46.9M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1930	−0.137%	$482K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1960	0.000%	$4.6M	$10.4M	50x	as long as short
Bitget TRUMPUSDTlong	+0.0100%	4h	2.1960	long leg	$15.6M	$20.6M	75x
Variational Omni TRUMP	+0.0100%	4h	2.1883	−0.351%	$682K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1947	−0.061%	$189K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1970	+0.046%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1945	−0.068%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1970	+0.046%	$523K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1961	+0.006%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1945	−0.068%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1942	−0.083%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0301%	1h	2.1975	+0.068%	$260K	$267K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1950	−0.046%	$4.2M	$519K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	−0.455%	$281K	$398K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0520%	1h	2.1974	+0.065%	$1.3M	$2.4M	50x	as long as short