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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.49 per $10,000 · paid last 24h +0.003%
Price spread now: Variational Omni against Gate+0.099%7-day average −0.023% · 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)−0.092%−$9 on $10k
Price spread, last 7 days−0.136%−$14 · spread now +0.099%, 7d avg −0.023%
Together, before fees−0.228%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.122% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.023%. Mind the row above: over the last 3 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRUMP_USDT2.1460−0.0114get 0.0057% / 4h47m 37s$7.6M$50.5M75x
ShortVariational Omni TRUMP2.1481−0.0017pay 0.0008% / 4h47m 37s$657K$482K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$20.4
Price spread: +0.099% → −0.023%
$12.22
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$17.62
Costs to cover
0.150%
Break-even
1.0 days
Slippage unknown: Gate: live order book, 1 min ago; Variational Omni: RFQ quote, 11 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 Gate live order book, 1 min ago2.33 bp15.4 bp −$1531.3 bp −$31366.5 bp −$6,648doesn't fit
Sell Variational Omni RFQ quote, 11 min ago5.04 bpdoesn't fit12.1 bp −$121doesn't fitdoesn't fit

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−0.1690%1h2.1340−0.559%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0432%1h2.1425−0.163%$88$6K5xas long as short
Lighter TRUMP−0.0272%1h2.1437−0.107%$948K$933K10xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1436−0.110%$510xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0123%1h2.1434−0.121%$403K$72K10xas long as short
Gate TRUMP_USDTlong−0.0114%4h2.1460long leg$7.6M$50.5M75x
Bybit TRUMPUSDT−0.0042%4h2.14600.000%$30.5M$49.3M50xas long as short
Variational Omni TRUMPshort−0.0017%4h2.1481+0.099%$657K$482K
dYdX TRUMP-USD−0.0008%1h2.14600.000%$27K$5125xas long as short
Paradex TRUMP-USD-PERP−0.0004%8h2.1452−0.037%$5K$1755xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1455−0.025%$40K150xas long as short
edgeX TRUMPUSDC+0.0029%4h2.1407−0.248%$104K$264K20xas long as short
Extended TRUMP-USD+0.0040%1h2.1454−0.026%$74K$745K25xas long as short
Binance TRUMPUSDT+0.0043%4h2.1456−0.020%$60.4M$241.1M75xas long as short
Orderly PERP_TRUMP_USDC+0.0052%4h2.1430−0.140%$4K$221K10xas long as short
Aevo TRUMP-PERP+0.0088%1h2.1553+0.433%$19K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1467+0.033%$14.1M$7.3M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1435−0.115%$421K$826K20xas long as short
Pacifica TRUMP+0.0100%1h2.1461+0.007%$185K$53K10xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1450−0.047%$27.0M$171.5M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1450−0.047%$411K$148K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.14600.000%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1470+0.047%$15.5M$25.7M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1461+0.005%$251K$319K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1417−0.200%$171K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1450−0.047%$1K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1430−0.140%$496K$2.1M50xas long as short
BloFin TRUMP-USDT+0.0210%4h2.1380−0.373%$4.1M$671K75xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1458−0.008%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0221%1h2.1452−0.039%$1.3M$2.2M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1550+0.419%$279K$281K50xas long as short