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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.23 per $10,000 · paid last 24h +0.061%
Price spread now: GMX against dYdX−0.186%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.186% cheaper against dYdX than usual: you would sell low and buy high (spread −0.186% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 3.3 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRUMP-USD2.18860get 0.0000% / 1h55m 26s$27K$5125x
ShortGMX TRUMP/USD [ETH-USDC]2.1846L +0.0216% / S −0.0188%get 0.0023% / 1h55m 26s$10K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$39.46
Price spread: −0.186% → 0.000%
−$18.6
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$1.13
Costs to cover
0.220%
Break-even
7.2 days
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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 30 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−0.1659%1h2.1670−0.989%$13K$157K12xas long as short
Lighter TRUMP−0.0448%1h2.1857−0.135%$974K$791K10xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1822−0.297%$510xas long as short
Gate TRUMP_USDT−0.0086%4h2.1850−0.167%$7.7M$48.9M75xas long as short
dYdX TRUMP-USDlong0.0000%1h2.1886long leg$27K$5125x
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1964+0.354%$413K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1845−0.189%$42K150xas long as short
SoDEX TRUMP-USD+0.0043%1h2.1945+0.267%$83$6K5xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1785−0.465%$106K$262K20xas long as short
Paradex TRUMP-USD-PERP+0.0059%8h2.1856−0.139%$5K$1755xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TRUMP_USDC+0.0084%4h2.1820−0.304%$4K$239K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1848−0.176%$14.4M$7.6M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1867−0.090%$432K$829K20xas long as short
Pacifica TRUMP+0.0100%1h2.1879−0.036%$188K$56K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1830−0.258%$63.4M$234.8M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1830−0.258%$31.4M$47.9M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1830−0.258%$28.3M$168.3M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1830−0.258%$434K$141K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1860−0.121%$4.2M$11.0M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1840−0.212%$15.7M$24.5M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1971+0.388%$688K$447Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1859−0.124%$181K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1970+0.382%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1990+0.473%$540K$2.0M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1840−0.214%$116K$705K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.1940+0.245%$19K3xas long as short
Backpack TRUMP_USDC_PERP+0.0156%1h2.1950+0.290%$258K$314K10xas long as short
GMX TRUMP/USD [ETH-USDC]shortL +0.0216% / S −0.0188%1h2.1846−0.186%$10K100x
Kraken Futures PF_TRUMPUSD+0.0286%1h2.1973+0.396%$1.3M$2.2M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0504%1h2.2000+0.519%$285K$303K50xas long as short