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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0384%/8h= −42.0% APRnext payment $0.48 per $10,000 · paid last 24h −0.091%
Price spread now: Aevo against Coinbase International−0.087%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$12 a day on $10k at the current rate, and Aevo is 0.087% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TRUMP-PERP-INTX2.14800.0392pay 0.0049% / 1h12m 51s$237K$362K50x
ShortAevo TRUMP-PERP2.14610.0008get 0.0001% / 1h12m 51s$19K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
−$80.64
Price spread: −0.087% → 0.000%
−$8.72
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$115.36
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 35 min ago; Aevo: no order-book sample. 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 Coinbase International live order book, 35 min ago6.97 bp30.5 bp −$3138.5 bp −$385doesn't fitdoesn't fit
Sell Aevo no order-book sample
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−0.1827%1h2.1360−0.559%$12K$157K12xas long as short
Lighter TRUMP−0.0392%1h2.1471−0.042%$948K$1.0M10xas long as short
SoDEX TRUMP-USD−0.0341%1h2.1475−0.023%$82$6K5xas long as short
Bybit TRUMPUSDT−0.0300%4h2.1490+0.047%$30.4M$51.9M50xas long as short
Binance TRUMPUSDT−0.0280%4h2.1485+0.022%$60.6M$251.0M75xas long as short
Extended TRUMP-USD−0.0280%1h2.1474−0.028%$74K$744K25xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1482+0.007%$510xas long as short
Variational Omni TRUMP−0.0221%4h2.1411−0.319%$661K$426Kas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0215%1h2.1487+0.033%$405K$72K10xas long as short
Paradex TRUMP-USD-PERP−0.0199%8h2.1472−0.036%$5K$1755xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0140%4h2.14800.000%$7.7M$53.7M75xas long as short
edgeX TRUMPUSDC−0.0139%4h2.1420−0.281%$104K$265K20xas long as short
OKX TRUMP-USDT-SWAP−0.0084%4h2.1470−0.047%$27.0M$182.8M50xas long as short
Orderly PERP_TRUMP_USDC−0.0057%4h2.14800.000%$5K$228K10xas long as short
BloFin TRUMP-USDT−0.0040%4h2.14800.000%$4.1M$688K75xas long as short
dYdX TRUMP-USD−0.0019%1h2.1476−0.020%$27K$5065xas long as short
GRVT TRUMP_USDT_Perp−0.0002%4h2.1440−0.186%$182K$4.7M10xas long as short
Aevo TRUMP-PERPshort+0.0008%1h2.1461−0.087%$19K3x
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1495+0.068%$41K150xas long as short
Hyperliquid TRUMP+0.0100%1h2.1500+0.093%$13.5M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1496+0.074%$404K$772K20xas long as short
Pacifica TRUMP+0.0100%1h2.1478−0.007%$185K$52K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1490+0.047%$401K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.14800.000%$4.1M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.14800.000%$15.4M$26.8M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1510+0.140%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1510+0.140%$482K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1499+0.086%$9K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0198%1h2.1500+0.092%$1.3M$2.3M50xas long as short
Backpack TRUMP_USDC_PERP+0.0239%1h2.1518+0.177%$383K$411K10xas long as short
Coinbase International TRUMP-PERP-INTXlong+0.0392%1h2.1480long leg$237K$362K50x