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: Gate against MEXC+0.046%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$410.405% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.046%, 7d avg +0.059%

Together, before fees+0.303%+$30 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	2.1830	0.0100	pay 0.0050% / 4h	2h 11m	$480K	$135K	125x
Short	Gate TRUMP_USDT	2.1840	0.0100	get 0.0050% / 4h	2h 11m	$7.4M	$46.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.046%Rate

Funding earned: $0
Price spread: +0.046% → +0.059%: −$1.35
Slippage, 4 orders: −$25.54
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$41.89
Costs to cover: 0.405%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago	2.29 bp	10.3 bp −$10	26.0 bp −$260	135.2 bp −$13.5K	doesn't fit
Sell Gate live order book, 2 min ago	4.58 bp	15.2 bp −$15	24.3 bp −$243	67.1 bp −$6,711	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	−0.1787%	1h	2.1790	−0.183%	$13K	$119K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1854	+0.110%	$5	—	10x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0130%	1h	2.1866	+0.166%	$1.3M	$2.3M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0070%	1h	2.1844	+0.064%	$409K	$79K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1848	+0.084%	$27K	$485	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1860	+0.136%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1873	+0.195%	$119K	$248K	20x	as long as short
Lighter TRUMP	+0.0056%	1h	2.1832	+0.009%	$972K	$662K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0081%	8h	2.1838	+0.038%	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1840	+0.046%	$3K	$249K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.1868	+0.174%	$14.1M	$7.4M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1848	+0.084%	$458K	$831K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1847	+0.078%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1850	+0.093%	$62.2M	$215.5M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1850	+0.092%	$30.5M	$42.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1840	+0.046%	$26.7M	$147.6M	50x	as long as short
Gate TRUMP_USDTshort	+0.0100%	4h	2.1840	+0.046%	$7.4M	$46.8M	75x
MEXC TRUMP_USDClong	+0.0100%	4h	2.1830	long leg	$480K	$135K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1870	+0.183%	$4.7M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1860	+0.137%	$15.5M	$20.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1864	+0.156%	$682K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1843	+0.061%	$179K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1860	+0.137%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1835	+0.023%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1870	+0.183%	$515K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1833	+0.013%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1830	+0.001%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0176%	1h	2.1857	+0.124%	$259K	$264K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1836	+0.025%	$10K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0288%	1h	2.1860	+0.137%	$281K	$399K	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1830	0.000%	$4.2M	$503K	75x	as long as short