Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.025%

Price spread now: gTrade (Gains Network) against MEXC−0.180%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.180% cheaper against MEXC than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.2240	0.0100	pay 0.0050% / 4h	3h 02m	$479K	$134K	125x
Short	gTrade (Gains Network) TRUMP/USD	2.2200	L +0.0008% / S −0.0007%	get 0.0001% / 1h	2m 53s	$42K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.180%Rate

Funding earned: −$19.62
Price spread: −0.180% → 0.000%: −$17.99
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$47.61
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 62 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 62 min ago	2.29 bp	9.3 bp −$9	39.1 bp −$391	143.7 bp −$14.4K	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1608%	1h	2.2180	−0.270%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2171	−0.309%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2200	−0.180%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2212	−0.126%	$417K	$78K	10x	as long as short
gTrade (Gains Network) TRUMP/USDshort	L +0.0008% / S −0.0007%	1h	2.2200	−0.180%	$42K	—	150x
edgeX TRUMPUSDC	+0.0050%	4h	2.2432	+0.863%	$109K	$263K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0085%	8h	2.2185	−0.246%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0094%	4h	2.2200	−0.180%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2180	−0.270%	$983K	$783K	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2207	−0.149%	$463K	$837K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.2200	−0.181%	$193K	$55K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2254	+0.062%	$64.4M	$229.5M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2240	0.000%	$31.5M	$46.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2240	0.000%	$28.9M	$164.0M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2240	0.000%	$7.9M	$49.3M	75x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.2240	long leg	$479K	$134K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2250	+0.045%	$4.2M	$10.8M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2250	+0.045%	$16.1M	$22.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2321	+0.364%	$710K	$441K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2373	+0.598%	$184K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2220	−0.090%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2200	−0.180%	$82	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2280	+0.180%	$578K	$1.9M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.2270	+0.135%	$14.5M	$6.6M	10x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2230	−0.045%	$79K	$600K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2238	−0.007%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2196	−0.196%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2210	−0.135%	$4.3M	$675K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0448%	1h	2.2234	−0.027%	$260K	$302K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.2210	−0.135%	$292K	$286K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0776%	1h	2.2217	−0.102%	$1.3M	$2.6M	50x	as long as short