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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0330%/8h= +36.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.029%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.113%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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.113% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TRUMP/USD2.2141L +0.0008% / S −0.0007%pay 0.0001% / 1h47m 59s$42K150x
ShortHyperliquid TRUMP2.21660.0338get 0.0042% / 1h47m 59s$14.4M$7.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$69.22
Price spread: +0.113% → 0.000%
$11.29
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$61.51
Costs to cover
0.190%
Break-even
0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 5 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 Hyperliquid live order book, 5 min ago0.90 bp10.5 bp −$11doesn't fitdoesn'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−0.1537%1h2.2040−0.456%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.2142+0.005%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.2187+0.208%$28K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.21410.000%$415K$76K10xas long as short
gTrade (Gains Network) TRUMP/USDlongL +0.0008% / S −0.0007%1h2.2141long leg$42K150x
edgeX TRUMPUSDC+0.0050%4h2.2156+0.066%$121K$249K20xas long as short
Orderly PERP_TRUMP_USDC+0.0087%4h2.2140−0.005%$3K$249K10xas long as short
Paradex TRUMP-USD-PERP+0.0096%8h2.2162+0.094%$5K5xas long as short
Lighter TRUMP+0.0096%1h2.2135−0.027%$992K$729K10xas long as short
Aster TRUMPUSDT+0.0100%4h2.2154+0.057%$461K$835K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica TRUMP+0.0100%1h2.2175+0.153%$191K$59K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.2139−0.010%$63.8M$223.0M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.2130−0.050%$31.1M$43.9M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.2140−0.005%$27.4M$153.2M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.2140−0.005%$7.5M$47.8M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.2120−0.095%$484K$132K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.2150+0.041%$4.7M$10.3M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.2140−0.005%$15.7M$21.3M75xas long as short
Variational Omni TRUMP+0.0100%4h2.2172+0.141%$624K$348Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.2190+0.221%$194K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.2170+0.131%$1K$1.6M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.2137−0.018%$75$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.2170+0.131%$527K$1.8M50xas long as short
Extended TRUMP-USD+0.0104%1h2.2131−0.045%$76K$471K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.2134−0.033%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.2141+0.002%$10K100xas long as short
Hyperliquid TRUMPshort+0.0338%1h2.2166+0.113%$14.4M$7.5M10x
BloFin TRUMP-USDT+0.0340%4h2.2170+0.131%$4.2M$634K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0424%1h2.2240+0.447%$287K$405K50xas long as short
Backpack TRUMP_USDC_PERP+0.0632%1h2.2152+0.050%$261K$278K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0862%1h2.2163+0.100%$1.3M$2.5M50xas long as short