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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0395%/8h= −43.2% APRnext payment $0.49 per $10,000 · paid last 24h −0.108%
Price spread now: SoDEX against Coinbase International+0.731%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. SoDEX is 0.731% dearer against Coinbase International than usual: you sell high and buy low (spread +0.731% now, against zero (this spread has no 7-day history yet)): +$73 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TRUMP-PERP-INTX2.13300.0056pay 0.0007% / 1h13m 45s$167K$479K50x
ShortSoDEX TRUMP-USD2.1486−0.0339pay 0.0042% / 1h13m 45s$76$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$82.85
Price spread: +0.731% → 0.000%
$73.14
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$27.71
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 24 min ago; SoDEX: 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, 24 min ago7.01 bp12.0 bp −$1224.4 bp −$244doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.1797%1h2.1350+0.094%$12K$157K12xas long as short
SoDEX TRUMP-USDshort−0.0339%1h2.1486+0.731%$76$6K5x
Reya TRUMPRUSDPERP−0.0245%1h2.1432+0.478%$510xas long as short
Variational Omni TRUMP−0.0226%4h2.1452+0.570%$662K$423Kas long as short
Lighter TRUMP−0.0208%1h2.1495+0.774%$940K$1.0M10xas long as short
OKX TRUMP-USDT-SWAP−0.0197%4h2.1500+0.797%$26.7M$184.6M50xas long as short
Binance TRUMPUSDT−0.0185%4h2.1505+0.819%$60.8M$250.9M75xas long as short
Extended TRUMP-USD−0.0184%1h2.1500+0.796%$74K$496K25xas long as short
Bybit TRUMPUSDT−0.0165%4h2.1500+0.797%$30.6M$52.5M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0122%1h2.1500+0.797%$405K$81K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0104%4h2.1500+0.797%$7.7M$53.4M75xas long as short
Paradex TRUMP-USD-PERP−0.0102%8h2.1483+0.718%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0091%4h2.1446+0.542%$105K$253K20xas long as short
Orderly PERP_TRUMP_USDC−0.0069%4h2.1490+0.750%$5K$278K10xas long as short
dYdX TRUMP-USD−0.0005%1h2.1504+0.816%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1506+0.825%$41K150xas long as short
KuCoin TRUMPUSDTM+0.0024%4h2.1510+0.844%$4.1M$10.8M50xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1480+0.703%$19K3xas long as short
BloFin TRUMP-USDT+0.0055%4h2.1450+0.563%$4.1M$687K75xas long as short
Coinbase International TRUMP-PERP-INTXlong+0.0056%1h2.1330long leg$167K$479K50x
Bitget TRUMPUSDT+0.0082%4h2.1510+0.844%$15.3M$27.1M75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1520+0.891%$13.6M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1517+0.878%$404K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1485+0.727%$185K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1510+0.844%$399K$149K125xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1450+0.563%$173K$4.4M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1500+0.797%$1K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1500+0.797%$483K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1468+0.645%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0289%1h2.1534+0.956%$384K$419K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0597%1h2.1513+0.858%$1.3M$2.3M50xas long as short