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+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.113%
Price spread now: Coinbase International against gTrade (Gains Network)−0.661%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. Coinbase International is 0.661% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.661% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$66 on $10k: about 46 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TRUMP/USD2.1472L +0.0008% / S −0.0007%pay 0.0001% / 1h16m 07s$40K150x
ShortCoinbase International TRUMP-PERP-INTX2.13300.0056get 0.0007% / 1h16m 07s$167K$479K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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
$10.02
Price spread: −0.661% → 0.000%
−$66.09
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$76.07
Costs to cover
0.200%
Break-even
60.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 22 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Coinbase International live order book, 22 min ago7.01 bp12.0 bp −$1216.1 bp −$161doesn't fitdoesn't fit
gTrade (Gains Network): 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−0.1797%1h2.1290−0.847%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0335%1h2.1456−0.074%$76$6K5xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1442−0.141%$510xas long as short
Variational Omni TRUMP−0.0211%4h2.1371−0.469%$660K$423Kas long as short
Lighter TRUMP−0.0200%1h2.1454−0.083%$938K$1.0M10xas long as short
OKX TRUMP-USDT-SWAP−0.0192%4h2.1450−0.102%$26.7M$184.1M50xas long as short
Extended TRUMP-USD−0.0184%1h2.1450−0.103%$74K$496K25xas long as short
Binance TRUMPUSDT−0.0183%4h2.1450−0.102%$60.6M$250.3M75xas long as short
Bybit TRUMPUSDT−0.0172%4h2.1460−0.055%$30.5M$52.5M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0169%1h2.1466−0.027%$404K$81K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0110%4h2.1460−0.055%$7.7M$53.4M75xas long as short
Paradex TRUMP-USD-PERP−0.0098%8h2.1459−0.062%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0091%4h2.1431−0.189%$105K$253K20xas long as short
Orderly PERP_TRUMP_USDC−0.0068%4h2.1460−0.055%$5K$277K10xas long as short
dYdX TRUMP-USD−0.0005%1h2.1476+0.021%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDlongL +0.0008% / S −0.0007%1h2.1472long leg$40K150x
KuCoin TRUMPUSDTM+0.0020%4h2.1450−0.102%$4.1M$10.8M50xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1440−0.149%$19K3xas long as short
Coinbase International TRUMP-PERP-INTXshort+0.0056%1h2.1330−0.661%$167K$479K50x
BloFin TRUMP-USDT+0.0057%4h2.1470−0.009%$4.1M$688K75xas long as short
Bitget TRUMPUSDT+0.0086%4h2.1470−0.009%$15.3M$27.0M75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1476+0.019%$13.6M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1469−0.015%$403K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1482+0.047%$185K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1460−0.055%$399K$148K125xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1450−0.102%$173K$4.4M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1480+0.038%$1K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1470−0.009%$483K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1477+0.022%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0284%1h2.1486+0.066%$383K$419K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0598%1h2.1488+0.076%$1.3M$2.3M50xas long as short