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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0179%/8h= −19.6% APRnext payment $0.22 per $10,000 · paid last 24h +0.023%
Price spread now: Extended against dYdX−0.036%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Extended is 0.036% cheaper against dYdX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRUMP-USD2.1397−0.0005get 0.0001% / 1h20m 57s$27K$5015x
ShortExtended TRUMP-USD2.1389−0.0184pay 0.0023% / 1h20m 57s$76K$492K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against dYdX. 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
−$37.62
Price spread: −0.036% → 0.000%
−$3.58
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$56.21
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 17 min ago. 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 dYdX no order-book sample
Sell Extended live order book, 17 min ago7.01 bp10.1 bp −$1033.1 bp −$331doesn't fitdoesn't fit
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−0.1797%1h2.1280−0.547%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0334%1h2.1385−0.056%$75$6K5xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1362−0.166%$510xas long as short
Lighter TRUMP−0.0216%1h2.1383−0.065%$935K$1.0M10xas long as short
Variational Omni TRUMP−0.0200%4h2.1341−0.261%$659K$423Kas long as short
OKX TRUMP-USDT-SWAP−0.0199%4h2.1400+0.014%$26.6M$183.6M50xas long as short
Extended TRUMP-USDshort−0.0184%1h2.1389−0.036%$76K$492K25x
Binance TRUMPUSDT−0.0181%4h2.1400+0.014%$60.5M$250.9M75xas long as short
Bybit TRUMPUSDT−0.0146%4h2.1400+0.014%$30.4M$52.6M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0124%1h2.1387−0.047%$403K$81K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0108%4h2.1400+0.014%$7.6M$53.3M75xas long as short
Paradex TRUMP-USD-PERP−0.0107%8h2.1384−0.063%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0091%4h2.1352−0.211%$104K$253K20xas long as short
Orderly PERP_TRUMP_USDC−0.0065%4h2.1380−0.079%$5K$276K10xas long as short
dYdX TRUMP-USDlong−0.0005%1h2.1397long leg$27K$5015x
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1395−0.011%$40K150xas long as short
KuCoin TRUMPUSDTM+0.0026%4h2.1400+0.014%$4.1M$10.9M50xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1360−0.173%$19K3xas long as short
Coinbase International TRUMP-PERP-INTX+0.0056%1h2.1330−0.313%$167K$479K50xas long as short
BloFin TRUMP-USDT+0.0059%4h2.1390−0.033%$4.1M$685K75xas long as short
Bitget TRUMPUSDT+0.0084%4h2.1400+0.014%$15.2M$27.1M75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1414+0.079%$13.5M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1419+0.104%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1401+0.019%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1390−0.033%$398K$148K125xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1350−0.221%$173K$4.4M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1400+0.014%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1400+0.014%$481K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1391−0.030%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0262%1h2.1426+0.136%$381K$419K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0600%1h2.1409+0.056%$1.3M$2.3M50xas long as short