Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h +0.024%

Price spread now: Aevo against edgeX−0.001%72s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1745	−0.0114	get 0.0057% / 4h	3h 02m	$106K	$254K	20x
Short	Aevo TRUMP-PERP	2.1745	0.0024	get 0.0003% / 1h	2m 19s	$19K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee AevobpOrdersPrice spread, now −0.001%Rate

Funding earned: $29.01
Price spread: −0.001% → 0.000%: −$0.1
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: $3.91
Costs to cover: 0.250%
Break-even: 6.1 days

Slippage unknown: edgeX: live order book, 30 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 30 min ago	7.01 bp	14.6 bp −$15	40.2 bp −$402	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1829%	1h	2.1600	−0.668%	$13K	$157K	12x	as long as short
Bybit TRUMPUSDT	−0.0376%	4h	2.1750	+0.022%	$31.4M	$50.6M	50x	as long as short
Variational Omni TRUMP	−0.0341%	4h	2.1771	+0.120%	$675K	$419K	—	as long as short
SoDEX TRUMP-USD	−0.0331%	1h	2.1750	+0.022%	$71	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0255%	1h	2.1768	+0.105%	$394K	$68K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1741	−0.019%	$5	—	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0243%	4h	2.1750	+0.022%	$27.5M	$181.5M	50x	as long as short
Binance TRUMPUSDT	−0.0233%	4h	2.1752	+0.033%	$63.6M	$245.1M	75x	as long as short
Extended TRUMP-USD	−0.0232%	1h	2.1749	+0.018%	$77K	$492K	25x	as long as short
Lighter TRUMP	−0.0224%	1h	2.1751	+0.027%	$947K	$998K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0136%	8h	2.1769	+0.109%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1720	−0.116%	$142K	$514K	50x	as long as short
edgeX TRUMPUSDClong	−0.0114%	4h	2.1745	long leg	$106K	$254K	20x
Orderly PERP_TRUMP_USDC	−0.0082%	4h	2.1760	+0.068%	$5K	$315K	10x	as long as short
Gate TRUMP_USDT	−0.0062%	4h	2.1760	+0.068%	$7.8M	$50.9M	75x	as long as short
KuCoin TRUMPUSDTM	−0.0054%	4h	2.1760	+0.068%	$4.2M	$10.5M	50x	as long as short
dYdX TRUMP-USD	−0.0015%	1h	2.1786	+0.189%	$26K	$1K	5x	as long as short
Bitget TRUMPUSDT	+0.0004%	4h	2.1760	+0.068%	$15.4M	$26.1M	75x	as long as short
BloFin TRUMP-USDT	+0.0007%	4h	2.1750	+0.022%	$4.3M	$695K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1778	+0.149%	$41K	—	150x	as long as short
Aevo TRUMP-PERPshort	+0.0024%	1h	2.1745	−0.001%	$19K	—	3x
MEXC TRUMP_USDC	+0.0058%	4h	2.1740	−0.024%	$404K	$151K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1788	+0.197%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1780	+0.160%	$414K	$651K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1789	+0.200%	$187K	$54K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1752	+0.032%	$177K	$4.1M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1790	+0.206%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1780	+0.160%	$503K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1750	+0.022%	$2K	$21K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0119%	1h	2.1781	+0.163%	$1.3M	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0170% / S −0.0143%	1h	2.1770	+0.114%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0381%	1h	2.1810	+0.298%	$388K	$411K	10x	as long as short