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−0.0013%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h +0.015%
Price spread now: SoDEX against dYdX−0.082%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
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SoDEX is 0.082% cheaper against dYdX than usual: you would sell low and buy high (−$8 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-USD2.14430get 0.0000% / 1h27m 01s$27K$5015x
ShortSoDEX TRUMP-USD2.1425−0.0013pay 0.0002% / 1h27m 01s$82$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$2.78
Price spread: −0.082% → 0.000%
−$8.19
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$28.97
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample
Sell SoDEX no order-book sample
dYdX and 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−0.1927%1h2.1320−0.572%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1372−0.331%$510xas long as short
Binance TRUMPUSDT−0.0195%4h2.1440−0.012%$60.5M$251.8M75xas long as short
Extended TRUMP-USD−0.0192%1h2.1440−0.013%$74K$589K25xas long as short
Variational Omni TRUMP−0.0145%4h2.1381−0.286%$660K$424Kas long as short
OKX TRUMP-USDT-SWAP−0.0101%4h2.1440−0.012%$26.5M$184.9M50xas long as short
edgeX TRUMPUSDC−0.0100%4h2.1400−0.197%$104K$264K20xas long as short
Kraken Futures PF_TRUMPUSD−0.0098%1h2.1456+0.061%$1.3M$2.3M50xas long as short
Bybit TRUMPUSDT−0.0081%4h2.1430−0.059%$30.4M$52.5M50xas long as short
Gate TRUMP_USDT−0.0076%4h2.1440−0.012%$7.7M$53.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TRUMP_USDC−0.0059%4h2.1420−0.105%$5K$248K10xas long as short
Paradex TRUMP-USD-PERP−0.0051%8h2.1415−0.130%$5K$1755xas long as short
SoDEX TRUMP-USDshort−0.0013%1h2.1425−0.082%$82$6K5x
dYdX TRUMP-USDlong0.0000%1h2.1443long leg$27K$5015x
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1439−0.017%$404K$81K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1409−0.158%$40K150xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1420−0.105%$19K3xas long as short
BloFin TRUMP-USDT+0.0045%4h2.1410−0.152%$4.1M$683K75xas long as short
Lighter TRUMP+0.0088%1h2.1428−0.068%$946K$1.0M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1442−0.003%$13.5M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1442−0.003%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1435−0.035%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1440−0.012%$399K$149K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1450+0.035%$4.1M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1450+0.035%$15.3M$27.2M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1390−0.245%$175K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1460+0.081%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1460+0.081%$482K$2.5M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1449+0.028%$9K100xas long as short
Coinbase International TRUMP-PERP-INTX+0.0192%1h2.1430−0.059%$203K$424K50xas long as short
Backpack TRUMP_USDC_PERP+0.0385%1h2.1468+0.119%$380K$417K10xas long as short