Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0154%/8h= +16.9% APRpaid last 24h +0.004%

Price spread now: Aevo against Gate0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUMP_USDT	2.2090	−0.0050	get 0.0025% / 4h	2h 26m	$7.8M	$49.1M	75x
Short	Aevo TRUMP-PERP	2.2090	0.0104	get 0.0013% / 1h	26m 00s	$19K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee AevobpOrdersPrice spread, now 0.000%Rate

Funding earned: $32.34
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: $1.34
Costs to cover: 0.310%
Break-even: 6.7 days

Slippage unknown: Gate: live order book, 3 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	4.54 bp	16.6 bp −$17	31.7 bp −$317	68.4 bp −$6,843	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1623%	1h	2.1880	−0.951%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2087	−0.016%	$5	—	10x	as long as short
Gate TRUMP_USDTlong	−0.0050%	4h	2.2090	long leg	$7.8M	$49.1M	75x
dYdX TRUMP-USD	0.0000%	1h	2.2056	−0.153%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2106	+0.072%	$416K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2104	+0.064%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2002	−0.399%	$107K	$262K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0073%	8h	2.2078	−0.054%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.2100	+0.045%	$4K	$240K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2087	−0.014%	$982K	$790K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.2112	+0.100%	$14.4M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2106	+0.073%	$437K	$861K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2059	−0.140%	$190K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2093	+0.012%	$64.2M	$235.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2080	−0.045%	$31.7M	$48.4M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2070	−0.091%	$29.1M	$170.8M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2080	−0.045%	$439K	$146K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2100	+0.045%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2080	−0.045%	$15.8M	$24.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2081	−0.039%	$696K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2006	−0.378%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2120	+0.136%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2095	+0.023%	$78	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2150	+0.272%	$554K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2059	−0.141%	$76K	$597K	25x	as long as short
Aevo TRUMP-PERPshort	+0.0104%	1h	2.2090	0.000%	$19K	—	3x
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2102	+0.055%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0302%	1h	2.2125	+0.158%	$259K	$319K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0510%	1h	2.2122	+0.145%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2190	+0.453%	$288K	$307K	50x	as long as short