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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against MEXC+0.046%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.046%, 7d avg +0.051%
Together, before fees+0.251%+$25 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRUMP_USDC2.18700.0100pay 0.0050% / 4h1h 59m$435K$141K125x
ShortBybit TRUMPUSDT2.18800.0100get 0.0050% / 4h1h 59m$31.4M$47.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.046% → +0.051%
−$0.52
Slippage, 4 orders
−$25.21
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$36.73
Costs to cover
0.362%
Break-even
never at this rate
Slippage from MEXC: live order book, 60 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 60 min ago2.27 bp8.6 bp −$934.8 bp −$348139.6 bp −$14.0Kdoesn't fit
Sell Bybit live order book, 5 min ago2.27 bp8.3 bp −$817.5 bp −$175111.1 bp −$11.1Kdoesn't fit

TRUMP on 30 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−0.1659%1h2.1820−0.229%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1861−0.040%$510xas long as short
Lighter TRUMP−0.0200%1h2.1876+0.027%$973K$789K10xas long as short
SoDEX TRUMP-USD−0.0171%1h2.1875+0.023%$83$6K5xas long as short
Gate TRUMP_USDT−0.0084%4h2.1890+0.091%$7.7M$48.8M75xas long as short
dYdX TRUMP-USD0.0000%1h2.1916+0.211%$27K$5125xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1882+0.055%$412K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1881+0.050%$42K150xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1918+0.222%$106K$264K20xas long as short
Paradex TRUMP-USD-PERP+0.0065%8h2.1899+0.133%$5K$1755xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TRUMP_USDC+0.0085%4h2.18700.000%$4K$239K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1900+0.137%$14.4M$7.6M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1895+0.116%$433K$859K20xas long as short
Pacifica TRUMP+0.0100%1h2.1917+0.214%$189K$56K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1891+0.094%$63.6M$234.7M75xas long as short
Bybit TRUMPUSDTshort+0.0100%4h2.1880+0.046%$31.4M$47.9M50x
OKX TRUMP-USDT-SWAP+0.0100%4h2.1890+0.091%$28.5M$168.9M50xas long as short
MEXC TRUMP_USDClong+0.0100%4h2.1870long leg$435K$141K125x
KuCoin TRUMPUSDTM+0.0100%4h2.1910+0.183%$4.2M$11.0M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1900+0.137%$15.7M$24.4M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1911+0.187%$258K$315K10xas long as short
Variational Omni TRUMP+0.0100%4h2.1911+0.188%$690K$447Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1941+0.327%$183K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1910+0.183%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1930+0.274%$538K$2.0M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1890+0.091%$77K$626K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.1875+0.023%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1878+0.037%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0286%1h2.1904+0.155%$1.3M$2.2M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0504%1h2.2000+0.594%$285K$303K50xas long as short