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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.44 per $10,000 · paid last 24h −0.008%
Price spread now: Orderly against KuCoin−0.047%7-day average −0.038% · 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 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.047%, 7d avg −0.038%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRUMPUSDTM2.1360−0.0176get 0.0088% / 4h1h 27m$4.3M$10.2M50x
ShortOrderly PERP_TRUMP_USDC2.1350−0.0087pay 0.0044% / 4h1h 27m$5K$299K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$18.58
Price spread: −0.047% → −0.038%
−$0.89
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$0.3
Costs to cover
0.180%
Break-even
7.1 days
Slippage unknown: KuCoin: live order book, 4 min ago; Orderly: 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 KuCoin live order book, 4 min ago2.35 bp19.4 bp −$19102.8 bp −$1,028doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 32 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX TRUMP-USD−0.0484%1h2.1369+0.042%$77$6K5xas long as short
Variational Omni TRUMP−0.0409%4h2.1300−0.281%$662K$400Kas long as short
OKX TRUMP-USDT-SWAP−0.0375%4h2.13600.000%$27.0M$172.6M50xas long as short
Bybit TRUMPUSDT−0.0373%4h2.13600.000%$31.2M$48.4M50xas long as short
Extended TRUMP-USD−0.0368%1h2.1348−0.056%$73K$493K25xas long as short
Binance TRUMPUSDT−0.0364%4h2.1366+0.028%$63.0M$238.4M75xas long as short
Coinbase International TRUMP-PERP-INTX−0.0296%1h2.1250−0.515%$130K$512K50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0264%1h2.1381+0.098%$384K$78K10xas long as short
Lighter TRUMP−0.0256%1h2.1367+0.033%$918K$959K10xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.13600.000%$510xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0230%4h2.13600.000%$7.7M$47.7M75xas long as short
MEXC TRUMP_USDC−0.0220%4h2.1350−0.047%$386K$143K125xas long as short
Paradex TRUMP-USD-PERP−0.0216%8h2.1358−0.011%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0178%4h2.1290−0.327%$104K$254K20xas long as short
KuCoin TRUMPUSDTMlong−0.0176%4h2.1360long leg$4.3M$10.2M50x
BloFin TRUMP-USDT−0.0119%4h2.1340−0.094%$4.3M$689K75xas long as short
Orderly PERP_TRUMP_USDCshort−0.0087%4h2.1350−0.047%$5K$299K10x
Bitget TRUMPUSDT−0.0052%4h2.1380+0.094%$15.4M$24.8M75xas long as short
Aevo TRUMP-PERP−0.0008%1h2.1350−0.047%$19K3xas long as short
dYdX TRUMP-USD−0.0005%1h2.1375+0.070%$25K$3K5xas long as short
GRVT TRUMP_USDT_Perp0.0000%4h2.1304−0.264%$184K$4.0M10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1382+0.104%$40K150xas long as short
Kraken Futures PF_TRUMPUSD+0.0023%1h2.1404+0.204%$1.4M$2.1M50xas long as short
Injective TRUMP/USDC PERP+0.0033%1h2.1600+1.124%$13K$157K12xas long as short
Hyperliquid TRUMP+0.0100%1h2.1382+0.103%$13.5M$7.7M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1370+0.047%$403K$643K20xas long as short
Pacifica TRUMP+0.0100%1h2.1379+0.089%$184K$54K10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1370+0.047%$2K$1.4M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1400+0.187%$486K$2.5M50xas long as short
Phemex TRUMPUSDT+0.0100%4h2.13600.000%$195K$453K50xas long as short
Backpack TRUMP_USDC_PERP+0.0139%1h2.1406+0.215%$382K$390K10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0204% / S −0.0199%1h2.1369+0.041%$10K100xas long as short