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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0325%/8h= −35.6% APRnext payment $0.41 per $10,000 · paid last 24h +0.018%
Price spread now: SoDEX against gTrade (Gains Network)−0.080%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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SoDEX is 0.080% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$8 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/USD2.1682L +0.0008% / S −0.0007%pay 0.0001% / 1h18m 09s$41K150x
ShortSoDEX TRUMP-USD2.1665−0.0317pay 0.0040% / 1h18m 09s$88$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$68.26
Price spread: −0.080% → 0.000%
−$7.98
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$94.24
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 SoDEX no order-book sample
gTrade (Gains Network) and SoDEX: 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−0.1765%1h2.1560−0.564%$13K$157K12xas long as short
SoDEX TRUMP-USDshort−0.0317%1h2.1665−0.080%$88$6K5x
Paradex TRUMP-USD-PERP−0.0283%8h2.1625−0.263%$5K$1755xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1646−0.165%$510xas long as short
Gate TRUMP_USDT−0.0174%4h2.1690+0.036%$7.9M$52.0M75xas long as short
Binance TRUMPUSDT−0.0113%4h2.1682−0.003%$61.2M$245.8M75xas long as short
Extended TRUMP-USD−0.0112%1h2.1669−0.061%$74K$714K25xas long as short
Bybit TRUMPUSDT−0.0107%4h2.1680−0.011%$30.7M$50.3M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0073%1h2.1684+0.008%$408K$72K10xas long as short
edgeX TRUMPUSDC−0.0049%4h2.1667−0.070%$106K$264K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRUMP−0.0023%4h2.1681−0.005%$670K$516Kas long as short
dYdX TRUMP-USD−0.0008%1h2.1656−0.121%$27K$5125xas long as short
gTrade (Gains Network) TRUMP/USDlongL +0.0008% / S −0.0007%1h2.1682long leg$41K150x
Orderly PERP_TRUMP_USDC+0.0013%4h2.1670−0.057%$4K$191K10xas long as short
GRVT TRUMP_USDT_Perp+0.0022%4h2.1660−0.103%$177K$4.6M10xas long as short
Lighter TRUMP+0.0024%1h2.1670−0.057%$957K$975K10xas long as short
Aevo TRUMP-PERP+0.0056%1h2.1655−0.126%$19K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1692+0.045%$13.7M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1690+0.036%$408K$834K20xas long as short
Pacifica TRUMP+0.0100%1h2.1640−0.195%$186K$52K10xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1680−0.011%$27.7M$179.2M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1690+0.036%$407K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1680−0.011%$4.2M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1690+0.036%$15.7M$26.0M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1670−0.057%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1660−0.103%$494K$2.3M50xas long as short
BloFin TRUMP-USDT+0.0127%4h2.1640−0.195%$4.2M$662K75xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1686+0.015%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0172%1h2.1704+0.102%$1.3M$2.3M50xas long as short
Backpack TRUMP_USDC_PERP+0.0196%1h2.1709+0.123%$341K$378K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0400%1h2.1670−0.057%$280K$277K50xas long as short