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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.022%
Price spread now: GMX against Extended+0.030%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.030% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRUMP-USD2.18860.0104pay 0.0013% / 1h16m 47s$75K$471K25x
ShortGMX TRUMP/USD [ETH-USDC]2.1892L +0.0216% / S −0.0188%get 0.0023% / 1h16m 47s$10K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$17.62
Price spread: +0.030% → 0.000%
$2.97
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$3.6
Costs to cover
0.170%
Break-even
5.6 days
Slippage unknown: Extended: live order book, 1 min ago; 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 Extended live order book, 1 min ago6.87 bp9.8 bp −$1032.5 bp −$325doesn't fitdoesn't fit
Sell GMX no order-book sample
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 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−0.1472%1h2.1770−0.529%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1862−0.108%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.1868−0.081%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1894+0.038%$411K$76K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1896+0.047%$41K150xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1910+0.110%$119K$249K20xas long as short
Orderly PERP_TRUMP_USDC+0.0087%4h2.1880−0.026%$3K$249K10xas long as short
Paradex TRUMP-USD-PERP+0.0093%8h2.1869−0.074%$5K5xas long as short
Lighter TRUMP+0.0096%1h2.1890+0.020%$974K$682K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1921+0.161%$14.1M$7.4M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRUMPUSDT+0.0100%4h2.1901+0.070%$455K$833K20xas long as short
Pacifica TRUMP+0.0100%1h2.1877−0.040%$188K$59K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1900+0.065%$62.5M$219.9M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1890+0.020%$30.5M$43.3M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1890+0.020%$26.9M$150.4M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1890+0.020%$7.4M$47.4M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1890+0.020%$481K$133K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1900+0.065%$4.6M$10.4M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1900+0.065%$15.5M$21.0M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1892+0.030%$692K$270Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1870−0.072%$190K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1890+0.020%$1K$1.5M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1885−0.003%$72$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.1900+0.065%$531K$1.8M50xas long as short
Extended TRUMP-USDlong+0.0104%1h2.1886long leg$75K$471K25x
Aevo TRUMP-PERP+0.0104%1h2.1885−0.003%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]shortL +0.0216% / S −0.0188%1h2.1892+0.030%$10K100x
BloFin TRUMP-USDT+0.0340%4h2.1850−0.163%$4.2M$514K75xas long as short
Backpack TRUMP_USDC_PERP+0.0348%1h2.1918+0.147%$262K$272K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1920+0.157%$281K$399K50xas long as short
Kraken Futures PF_TRUMPUSD+0.0522%1h2.1911+0.117%$1.3M$2.5M50xas long as short