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+0.0858%/8h= +94.0% APRnext payment +$1.07 per $10,000 · paid last 24h +0.005%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.144%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Kraken Futures is 0.144% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 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/USD2.2017L +0.0008% / S −0.0007%pay 0.0001% / 1h39m 02s$41K150x
ShortKraken Futures PF_TRUMPUSD2.20490.0867get 0.0108% / 1h39m 02s$1.3M$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$180.26
Price spread: +0.144% → 0.000%
$14.41
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$174.67
Costs to cover
0.200%
Break-even
0.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 5 min ago2.26 bp15.2 bp −$1523.5 bp −$235doesn'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%1h2.1970−0.213%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1997−0.089%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.1997−0.090%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.2024+0.032%$413K$76K10xas long as short
gTrade (Gains Network) TRUMP/USDlongL +0.0008% / S −0.0007%1h2.2017long leg$41K150x
edgeX TRUMPUSDC+0.0050%4h2.2072+0.250%$120K$248K20xas long as short
Orderly PERP_TRUMP_USDC+0.0089%4h2.2030+0.059%$3K$249K10xas long as short
Lighter TRUMP+0.0096%1h2.2015−0.009%$987K$738K10xas long as short
Paradex TRUMP-USD-PERP+0.0096%8h2.1999−0.081%$5K5xas long as short
Aster TRUMPUSDT+0.0100%4h2.2027+0.047%$459K$832K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica TRUMP+0.0100%1h2.2000−0.079%$189K$60K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.2020+0.014%$63.6M$224.4M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.2010−0.032%$31.0M$44.3M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.2020+0.014%$27.2M$152.7M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.2010−0.032%$7.4M$48.1M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.2010−0.032%$482K$132K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.2020+0.014%$4.7M$10.3M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.2030+0.059%$15.8M$21.5M75xas long as short
Variational Omni TRUMP+0.0100%4h2.2082+0.296%$648K$373Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.2096+0.360%$193K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.2060+0.195%$2K$1.6M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.2025+0.036%$74$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.2050+0.150%$564K$1.9M50xas long as short
Extended TRUMP-USD+0.0104%1h2.2021+0.019%$76K$471K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.2015−0.009%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.2021+0.019%$10K100xas long as short
Hyperliquid TRUMP+0.0328%1h2.2043+0.118%$14.2M$7.5M10xas long as short
BloFin TRUMP-USDT+0.0340%4h2.2030+0.059%$4.3M$636K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0424%1h2.2060+0.195%$285K$391K50xas long as short
Backpack TRUMP_USDC_PERP+0.0510%1h2.2048+0.141%$260K$278K10xas long as short
Kraken Futures PF_TRUMPUSDshort+0.0867%1h2.2049+0.144%$1.3M$2.5M50x