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+0.1689%/8h= +184.9% APRnext payment +$2.11 per $10,000 · paid last 24h +0.508%
Price spread now: SoDEX against Injective+0.276%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and SoDEX is 0.276% dearer against Injective than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TRUMP/USDC PERP2.1750−0.1765get 0.0221% / 1h47m 07s$13K$157K12x
ShortSoDEX TRUMP-USD2.1810−0.0076pay 0.0010% / 1h47m 07s$95$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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
$354.67
Price spread: +0.276% → 0.000%
$27.59
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$374.23
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: live order book, 57 min ago; 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 Injective live order book, 57 min ago48.76 bp48.8 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
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 PERPlong−0.1765%1h2.1750long leg$13K$157K12x
Reya TRUMPRUSDPERP−0.0245%1h2.1821+0.329%$510xas long as short
SoDEX TRUMP-USDshort−0.0076%1h2.1810+0.276%$95$6K5x
Extended TRUMP-USD−0.0040%1h2.1799+0.225%$75K$722K25xas long as short
Binance TRUMPUSDT−0.0036%4h2.1810+0.276%$61.6M$244.0M75xas long as short
edgeX TRUMPUSDC−0.0016%4h2.1774+0.112%$106K$264K20xas long as short
dYdX TRUMP-USD0.0000%1h2.1840+0.414%$27K$5125xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1823+0.336%$411K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1838+0.405%$41K150xas long as short
Variational Omni TRUMP+0.0014%4h2.1781+0.143%$676K$514Kas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT+0.0034%4h2.1810+0.276%$7.8M$51.0M75xas long as short
Orderly PERP_TRUMP_USDC+0.0039%4h2.1820+0.322%$4K$177K10xas long as short
Paradex TRUMP-USD-PERP+0.0041%8h2.1822+0.329%$5K$1755xas long as short
Aevo TRUMP-PERP+0.0072%1h2.1805+0.253%$19K3xas long as short
Lighter TRUMP+0.0096%1h2.1811+0.280%$965K$959K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1824+0.340%$13.8M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1844+0.432%$428K$816K20xas long as short
Pacifica TRUMP+0.0100%1h2.1820+0.322%$188K$52K10xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1810+0.276%$30.8M$49.9M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1800+0.230%$27.8M$178.3M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1820+0.322%$410K$149K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1830+0.368%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1820+0.322%$15.8M$25.9M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1800+0.230%$181K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1830+0.368%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1830+0.368%$509K$2.3M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1840+0.413%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0171%1h2.1837+0.399%$1.3M$2.2M50xas long as short
BloFin TRUMP-USDT+0.0204%4h2.1810+0.276%$4.2M$685K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0400%1h2.1840+0.414%$282K$279K50xas long as short
Backpack TRUMP_USDC_PERP+0.0451%1h2.1841+0.418%$343K$375K10xas long as short