Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against MEXC+0.093%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$340.338% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 4 days (all we have)+0.166%+$17 · spread now +0.093%, 7d avg +0.077%

Together, before fees+0.280%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.1790	0.0100	pay 0.0050% / 4h	3h 49m	$409K	$149K	125x
Short	Aster TRUMPUSDT	2.1810	0.0100	get 0.0050% / 4h	3h 49m	$427K	$814K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.093%Rate

Funding earned: $0
Price spread: +0.093% → +0.077%: $1.62
Slippage, 4 orders: −$25.8
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$32.18
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from MEXC: live order book, 60 min ago; Aster: live order book, 3 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 MEXC live order book, 60 min ago	2.34 bp	8.7 bp −$9	32.4 bp −$324	133.3 bp −$13.3K	doesn't fit
Sell Aster live order book, 3 min ago	4.58 bp	9.9 bp −$10	26.4 bp −$264	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	−0.1765%	1h	2.1670	−0.551%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1782	−0.039%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0033%	4h	2.1800	+0.046%	$61.4M	$243.3M	75x	as long as short
Extended TRUMP-USD	−0.0032%	1h	2.1789	−0.005%	$75K	$722K	25x	as long as short
edgeX TRUMPUSDC	−0.0015%	4h	2.1745	−0.205%	$106K	$264K	20x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1776	−0.063%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1799	+0.041%	$410K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1794	+0.019%	$41K	—	150x	as long as short
Variational Omni TRUMP	+0.0014%	4h	2.1781	−0.040%	$676K	$514K	—	as long as short
SoDEX TRUMP-USD	+0.0017%	1h	2.1790	0.000%	$95	$6K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0041%	4h	2.1780	−0.046%	$4K	$180K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0043%	8h	2.1745	−0.205%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1803	+0.061%	$19K	—	3x	as long as short
Gate TRUMP_USDT	+0.0094%	4h	2.1790	0.000%	$7.8M	$50.8M	75x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1793	+0.014%	$965K	$959K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1816	+0.119%	$13.8M	$7.9M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1810	+0.093%	$427K	$814K	20x
Pacifica TRUMP	+0.0100%	1h	2.1755	−0.160%	$187K	$52K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1790	0.000%	$30.8M	$49.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1780	−0.046%	$27.6M	$177.0M	50x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.1790	long leg	$409K	$149K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1810	+0.092%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1810	+0.092%	$15.8M	$25.8M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1815	+0.116%	$187K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1810	+0.092%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1810	+0.092%	$512K	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1798	+0.038%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0171%	1h	2.1821	+0.143%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0210%	4h	2.1750	−0.184%	$4.2M	$683K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1520	−1.239%	$278K	$275K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0439%	1h	2.1831	+0.188%	$343K	$375K	10x	as long as short