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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0617%/8h= −67.6% APRnext payment $0.77 per $10,000 · paid last 24h −0.112%
Price spread now: gTrade (Gains Network) against Coinbase International+1.128%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 1.128% dearer against Coinbase International than usual: you sell high and buy low (spread +1.128% now, against zero (this spread has no 7-day history yet)): +$113 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 6.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TRUMP-PERP-INTX2.17900.0624pay 0.0078% / 1h27m 36s$283K$271K50x
ShortgTrade (Gains Network) TRUMP/USD2.2036L +0.0008% / S −0.0007%get 0.0001% / 1h27m 36s$41K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$129.66
Price spread: +1.128% → 0.000%
$112.8
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$36.86
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 45 min ago; gTrade (Gains Network): 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, 45 min ago13.72 bp24.1 bp −$2432.2 bp −$322doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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−0.1608%1h2.1950+0.734%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.2017+1.040%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.2008+1.000%$28K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.2048+1.184%$413K$77K10xas long as short
gTrade (Gains Network) TRUMP/USDshortL +0.0008% / S −0.0007%1h2.2036+1.128%$41K150x
edgeX TRUMPUSDC+0.0050%4h2.2040+1.148%$120K$250K20xas long as short
Lighter TRUMP+0.0096%1h2.2000+0.964%$977K$769K10xas long as short
Orderly PERP_TRUMP_USDC+0.0097%4h2.2030+1.101%$3K$249K10xas long as short
Paradex TRUMP-USD-PERP+0.0098%8h2.2005+0.987%$5K$765xas long as short
Aster TRUMPUSDT+0.0100%4h2.2027+1.089%$459K$836K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica TRUMP+0.0100%1h2.2017+1.042%$190K$53K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.2010+1.010%$62.9M$222.1M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.2010+1.010%$30.9M$44.5M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.2010+1.010%$27.2M$153.8M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.2010+1.010%$7.6M$47.4M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.2000+0.964%$477K$133K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.2010+1.010%$4.4M$10.5M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.2030+1.101%$16.1M$22.0M75xas long as short
Variational Omni TRUMP+0.0100%4h2.2022+1.063%$706K$435Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.2030+1.101%$188K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.2050+1.193%$2K$1.5M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.2036+1.129%$74$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.2070+1.285%$557K$1.9M50xas long as short
Extended TRUMP-USD+0.0104%1h2.2020+1.057%$78K$601K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.2033+1.116%$19K3xas long as short
Hyperliquid TRUMP+0.0169%1h2.2041+1.152%$14.3M$6.6M10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.2024+1.074%$10K100xas long as short
BloFin TRUMP-USDT+0.0340%4h2.2050+1.193%$4.2M$630K75xas long as short
Backpack TRUMP_USDC_PERP+0.0451%1h2.2044+1.166%$258K$278K10xas long as short
Coinbase International TRUMP-PERP-INTXlong+0.0624%1h2.1790long leg$283K$271K50x
Kraken Futures PF_TRUMPUSD+0.0781%1h2.2063+1.251%$1.3M$2.5M50xas long as short