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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0105%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.013%
Price spread now: MEXC against edgeX+0.017%53s7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.017%, 7d avg −0.045%
Together, before fees−0.331%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.063% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TRUMPUSDC2.1546−0.0005get 0.0002% / 4h16m 40s$105K$264K20x
ShortMEXC TRUMP_USDC2.15500.0100get 0.0050% / 4h16m 40s$405K$151K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$21.95
Price spread: +0.017% → −0.045%
$6.28
Slippage, 4 orders
−$34.96
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
−$15.74
Costs to cover
0.440%
Break-even
12.0 days
Slippage from edgeX: live order book, 41 min ago; MEXC: live order book, 33 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 41 min ago6.97 bp14.6 bp −$1538.9 bp −$389doesn't fitdoesn't fit
Sell MEXC live order book, 33 min ago2.34 bp6.3 bp −$629.8 bp −$298132.4 bp −$13.2Kdoesn't fit

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−0.1690%1h2.1430−0.539%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1542−0.022%$510xas long as short
SoDEX TRUMP-USD−0.0119%1h2.1555+0.041%$94$6K5xas long as short
Gate TRUMP_USDT−0.0056%4h2.1550+0.017%$7.6M$51.0M75xas long as short
Lighter TRUMP−0.0048%1h2.1542−0.020%$953K$957K10xas long as short
Binance TRUMPUSDT−0.0010%4h2.1542−0.020%$60.5M$241.7M75xas long as short
Variational Omni TRUMP−0.0009%4h2.1551+0.022%$665K$488Kas long as short
Extended TRUMP-USD−0.0008%1h2.1534−0.056%$75K$716K25xas long as short
edgeX TRUMPUSDClong−0.0005%4h2.1546long leg$105K$264K20x
dYdX TRUMP-USD−0.0002%1h2.1556+0.046%$27K$5125xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1562+0.073%$406K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1565+0.085%$41K150xas long as short
Paradex TRUMP-USD-PERP+0.0032%8h2.1535−0.054%$5K$1755xas long as short
Orderly PERP_TRUMP_USDC+0.0044%4h2.1550+0.017%$4K$206K10xas long as short
Aevo TRUMP-PERP+0.0080%1h2.1550+0.017%$19K3xas long as short
Bybit TRUMPUSDT+0.0082%4h2.1540−0.029%$30.5M$49.6M50xas long as short
Hyperliquid TRUMP+0.0100%1h2.1569+0.106%$14.5M$7.5M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1579+0.152%$423K$829K20xas long as short
Pacifica TRUMP+0.0100%1h2.1562+0.073%$185K$53K10xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1540−0.029%$27.2M$173.5M50xas long as short
MEXC TRUMP_USDCshort+0.0100%4h2.1550+0.017%$405K$151K125x
KuCoin TRUMPUSDTM+0.0100%4h2.1560+0.064%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1540−0.029%$15.5M$25.6M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1585+0.180%$253K$318K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1530−0.075%$184K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1580+0.157%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1580+0.157%$504K$2.2M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1569+0.106%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0220%1h2.1588+0.193%$1.3M$2.2M50xas long as short
BloFin TRUMP-USDT+0.0230%4h2.1560+0.064%$4.2M$683K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1560+0.064%$279K$280K50xas long as short