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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRnext payment $0.14 per $10,000 · paid last 24h −0.022%
Price spread now: Pacifica against GMX−0.033%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 airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Pacifica is 0.033% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TRUMP/USD [ETH-USDC]2.1840L +0.0216% / S −0.0188%pay 0.0027% / 1h29m 23s$10K100x
ShortPacifica TRUMP2.18330.0100get 0.0013% / 1h29m 23s$188K$59K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against GMX. 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
−$24.35
Price spread: −0.033% → 0.000%
−$3.27
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$47.63
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 53 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 GMX no order-book sample
Sell Pacifica live order book, 53 min ago7.08 bp16.0 bp −$16doesn't fitdoesn't fitdoesn't fit
GMX: 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−0.1472%1h2.1700−0.642%$32K$147K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1832−0.037%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.1827−0.060%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1852+0.053%$410K$79K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1836−0.020%$41K150xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1847+0.032%$119K$249K20xas long as short
Orderly PERP_TRUMP_USDC+0.0086%4h2.1850+0.044%$3K$249K10xas long as short
Paradex TRUMP-USD-PERP+0.0091%8h2.1834−0.030%$5K5xas long as short
Lighter TRUMP+0.0096%1h2.1847+0.031%$973K$675K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1856+0.072%$14.0M$7.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRUMPUSDT+0.0100%4h2.1841+0.001%$455K$832K20xas long as short
Pacifica TRUMPshort+0.0100%1h2.1833−0.033%$188K$59K10x
Binance TRUMPUSDT+0.0100%4h2.18400.000%$62.3M$218.8M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1840−0.001%$30.3M$43.1M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1840−0.001%$26.8M$149.6M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1820−0.093%$7.3M$47.3M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1830−0.047%$480K$133K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1830−0.047%$4.5M$10.4M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1850+0.044%$15.4M$20.9M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1802−0.174%$685K$266Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1787−0.242%$182K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1860+0.090%$2K$1.5M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1845+0.021%$70$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.1860+0.090%$532K$1.8M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1841+0.003%$75K$471K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.1847+0.032%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]longL +0.0216% / S −0.0188%1h2.1840long leg$10K100x
BloFin TRUMP-USDT+0.0340%4h2.1840−0.001%$4.2M$514K75xas long as short
Backpack TRUMP_USDC_PERP+0.0346%1h2.1815−0.116%$261K$270K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1860+0.090%$281K$398K50xas long as short
Kraken Futures PF_TRUMPUSD+0.0523%1h2.1875+0.158%$1.3M$2.5M50xas long as short