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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0253%/8h= −27.7% APRnext payment $0.32 per $10,000 · paid last 24h −0.076%
Price spread now: Reya against gTrade (Gains Network)−0.062%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Reya is 0.062% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TRUMP/USD2.1465L +0.0008% / S −0.0007%pay 0.0001% / 1h46m 23s$41K150x
ShortReya TRUMPRUSDPERP2.1452−0.0245pay 0.0031% / 1h46m 23s$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$53.16
Price spread: −0.062% → 0.000%
−$6.19
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$75.34
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: 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 gTrade (Gains Network) no order-book sample
Sell Reya no order-book sample
gTrade (Gains Network) and Reya: 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−0.1827%1h2.1360−0.488%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0574%1h2.1436−0.134%$84$6K5xas long as short
Lighter TRUMP−0.0488%1h2.1435−0.139%$948K$994K10xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0356%1h2.1454−0.050%$404K$72K10xas long as short
Bybit TRUMPUSDT−0.0296%4h2.1440−0.116%$30.5M$51.0M50xas long as short
Reya TRUMPRUSDPERPshort−0.0245%1h2.1452−0.062%$510x
Paradex TRUMP-USD-PERP−0.0237%8h2.1452−0.059%$5K$1755xas long as short
Extended TRUMP-USD−0.0224%1h2.1429−0.166%$74K$718K25xas long as short
Binance TRUMPUSDT−0.0221%4h2.1444−0.095%$60.5M$246.8M75xas long as short
Gate TRUMP_USDT−0.0176%4h2.1460−0.022%$7.7M$52.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRUMP−0.0123%4h2.1531+0.309%$665K$437Kas long as short
edgeX TRUMPUSDC−0.0102%4h2.1476+0.050%$105K$264K20xas long as short
Orderly PERP_TRUMP_USDC−0.0026%4h2.1450−0.069%$5K$215K10xas long as short
dYdX TRUMP-USD−0.0025%1h2.1486+0.100%$27K$5065xas long as short
GRVT TRUMP_USDT_Perp−0.0024%4h2.1530+0.304%$180K$4.7M10xas long as short
OKX TRUMP-USDT-SWAP−0.0021%4h2.1430−0.162%$27.3M$178.6M50xas long as short
gTrade (Gains Network) TRUMP/USDlongL +0.0008% / S −0.0007%1h2.1465long leg$41K150x
Aevo TRUMP-PERP+0.0024%1h2.1435−0.139%$19K3xas long as short
BloFin TRUMP-USDT+0.0025%4h2.1450−0.069%$4.2M$644K75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1472+0.034%$13.6M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1474+0.041%$404K$801K20xas long as short
Pacifica TRUMP+0.0100%1h2.1482+0.080%$185K$52K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1450−0.069%$399K$147K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1470+0.024%$4.2M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1450−0.069%$15.5M$26.4M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1470+0.024%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1470+0.024%$488K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1463−0.010%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0198%1h2.1469+0.020%$1.3M$2.3M50xas long as short
Backpack TRUMP_USDC_PERP+0.0320%1h2.1495+0.141%$380K$404K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0392%1h2.1600+0.630%$281K$305K50xas long as short