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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.003%
Price spread now: dYdX against Deribit+0.046%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 6 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.046% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TRUMP_USDC-PERPETUAL2.1527−0.0121get 0.0015% / 1h26m 25s$389K$81K10x
ShortdYdX TRUMP-USD2.1537−0.0017pay 0.0002% / 1h26m 25s$26K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Deribit. 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
$21.86
Price spread: +0.046% → 0.000%
$4.65
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
$9.51
Costs to cover
0.170%
Break-even
4.0 days
Slippage unknown: Deribit: live order book, 7 min ago; dYdX: 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 Deribit live order book, 7 min ago6.32 bp16.6 bp −$1726.2 bp −$262doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.1829%1h2.1350−0.822%$12K$157K12xas long as short
Bybit TRUMPUSDT−0.0466%4h2.1540+0.060%$31.0M$51.7M50xas long as short
SoDEX TRUMP-USD−0.0359%1h2.1515−0.056%$69$6K5xas long as short
Variational Omni TRUMP−0.0320%4h2.1381−0.676%$663K$419Kas long as short
OKX TRUMP-USDT-SWAP−0.0251%4h2.1540+0.060%$27.0M$183.0M50xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1494−0.153%$510xas long as short
Extended TRUMP-USD−0.0240%1h2.1519−0.038%$74K$492K25xas long as short
Binance TRUMPUSDT−0.0240%4h2.1550+0.107%$62.8M$247.8M75xas long as short
Gate TRUMP_USDT−0.0222%4h2.1530+0.014%$7.7M$50.1M75xas long as short
Lighter TRUMP−0.0200%1h2.15270.000%$942K$991K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRUMP-USD-PERP−0.0145%8h2.1528+0.007%$5K$1755xas long as short
Coinbase International TRUMP-PERP-INTX−0.0136%1h2.1410−0.544%$148K$493K50xas long as short
edgeX TRUMPUSDC−0.0126%4h2.1390−0.636%$104K$254K20xas long as short
Deribit TRUMP_USDC-PERPETUALlong−0.0121%1h2.1527long leg$389K$81K10x
Orderly PERP_TRUMP_USDC−0.0096%4h2.1520−0.033%$5K$299K10xas long as short
KuCoin TRUMPUSDTM−0.0054%4h2.1540+0.060%$4.1M$10.6M50xas long as short
dYdX TRUMP-USDshort−0.0017%1h2.1537+0.046%$26K$2K5x
BloFin TRUMP-USDT0.0000%4h2.1540+0.060%$4.2M$688K75xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1447−0.373%$40K150xas long as short
Bitget TRUMPUSDT+0.0014%4h2.1540+0.060%$15.3M$26.4M75xas long as short
GRVT TRUMP_USDT_Perp+0.0020%4h2.1400−0.590%$176K$4.3M10xas long as short
Aevo TRUMP-PERP+0.0024%1h2.1531+0.018%$19K3xas long as short
MEXC TRUMP_USDC+0.0080%4h2.1520−0.033%$399K$149K125xas long as short
Hyperliquid TRUMP+0.0100%1h2.1553+0.121%$13.7M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1550+0.107%$410K$679K20xas long as short
Pacifica TRUMP+0.0100%1h2.1550+0.106%$185K$54K10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1550+0.107%$2K$1.5M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1530+0.014%$498K$2.5M50xas long as short
Kraken Futures PF_TRUMPUSD+0.0121%1h2.1542+0.070%$1.3M$2.2M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1537+0.045%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0332%1h2.1552+0.116%$381K$421K10xas long as short