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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0042%/8h= −4.6% APRnext payment $0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Aevo against Hyperliquid−0.142%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.142% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TRUMP2.18160.0146pay 0.0018% / 1h34m 08s$14.1M$7.4M10x
ShortAevo TRUMP-PERP2.17850.0104get 0.0013% / 1h34m 08s$19K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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
−$8.87
Price spread: −0.142% → 0.000%
−$14.21
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$48.08
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago0.23 bp6.9 bp −$7doesn't fitdoesn't fitdoesn'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 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−0.1787%1h2.1600−0.990%$13K$119K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1797−0.089%$510xas long as short
Kraken Futures PF_TRUMPUSD−0.0131%1h2.1798−0.081%$1.0M$2.1M50xas long as short
dYdX TRUMP-USD0.0000%1h2.1799−0.078%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1805−0.050%$409K$79K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1802−0.066%$41K150xas long as short
Lighter TRUMP+0.0024%1h2.1774−0.193%$970K$658K10xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1731−0.391%$118K$243K20xas long as short
Paradex TRUMP-USD-PERP+0.0071%8h2.1796−0.092%$5K5xas long as short
Orderly PERP_TRUMP_USDC+0.0086%4h2.1800−0.073%$3K$249K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TRUMP_USDC+0.0090%4h2.1790−0.119%$479K$134K125xas long as short
Aster TRUMPUSDT+0.0100%4h2.1800−0.073%$457K$834K20xas long as short
Pacifica TRUMP+0.0100%1h2.1804−0.054%$188K$60K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1789−0.124%$62.0M$215.5M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1780−0.165%$30.4M$42.0M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1790−0.119%$26.5M$147.3M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1790−0.119%$7.4M$46.8M75xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1790−0.119%$4.7M$10.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1800−0.073%$15.4M$20.2M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1744−0.329%$679K$262Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1770−0.211%$185K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1830+0.064%$2K$1.5M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1790−0.119%$71$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.1830+0.064%$512K$1.7M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1783−0.153%$75K$471K25xas long as short
Aevo TRUMP-PERPshort+0.0104%1h2.1785−0.142%$19K3x
Hyperliquid TRUMPlong+0.0146%1h2.1816long leg$14.1M$7.4M10x
Backpack TRUMP_USDC_PERP+0.0173%1h2.18160.000%$261K$262K10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1803−0.059%$10K100xas long as short
Coinbase International TRUMP-PERP-INTX+0.0288%1h2.1830+0.064%$280K$398K50xas long as short
BloFin TRUMP-USDT+0.0340%4h2.1810−0.028%$4.2M$494K75xas long as short