Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against KuCoin+0.004%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$530.527% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 4 days (all we have)+0.143%+$14 · spread now +0.004%, 7d avg +0.010%

Together, before fees+0.124%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRUMPUSDTM	2.1820	0.0100	pay 0.0050% / 4h	23m 47s	$4.4M	$10.3M	50x
Short	Aster TRUMPUSDT	2.1821	0.0100	get 0.0050% / 4h	23m 47s	$455K	$832K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → +0.010%: −$0.57
Slippage, 4 orders: −$32.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$53.31
Costs to cover: 0.527%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 54 min ago.

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 KuCoin live order book, 5 min ago	2.29 bp	16.0 bp −$16	98.9 bp −$989	doesn't fit	doesn't fit
Sell Aster live order book, 54 min ago	4.57 bp	9.9 bp −$10	21.8 bp −$218	doesn't fit	doesn't fit

TRUMP on 31 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	−0.1537%	1h	2.1720	−0.458%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1822	+0.008%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1837	+0.079%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1819	−0.005%	$409K	$78K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1826	+0.027%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1889	+0.317%	$119K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0095%	4h	2.1820	0.000%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1794	−0.119%	$977K	$741K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0097%	8h	2.1827	+0.033%	$5K	—	5x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1821	+0.004%	$455K	$832K	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.1833	+0.060%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1806	−0.065%	$62.6M	$225.6M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1800	−0.092%	$30.7M	$44.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1800	−0.092%	$27.1M	$152.4M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1810	−0.046%	$7.4M	$48.5M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1800	−0.092%	$477K	$133K	125x	as long as short
KuCoin TRUMPUSDTMlong	+0.0100%	4h	2.1820	long leg	$4.4M	$10.3M	50x
Bitget TRUMPUSDT	+0.0100%	4h	2.1800	−0.092%	$15.4M	$21.7M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1862	+0.195%	$638K	$377K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1913	+0.427%	$184K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1860	+0.183%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1820	0.000%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1850	+0.137%	$553K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1801	−0.089%	$75K	$469K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1812	−0.035%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1823	+0.014%	$10K	—	100x	as long as short
Hyperliquid TRUMP	+0.0300%	1h	2.1813	−0.032%	$14.1M	$7.6M	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1850	+0.137%	$4.2M	$634K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2060	+1.100%	$285K	$391K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0471%	1h	2.1841	+0.096%	$256K	$281K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0875%	1h	2.1837	+0.077%	$1.3M	$2.5M	50x	as long as short