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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Orderly against MEXC−0.091%7-day average +0.039% · 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+0.142%+$14 on $10k
Price spread, last 3 days (all we have)+0.155%+$15 · spread now −0.091%, 7d avg +0.039%
Together, before fees+0.296%+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.130% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.039%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.142%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRUMP_USDC2.19000.0100pay 0.0050% / 4h1h 06m$481K$134K125x
ShortOrderly PERP_TRUMP_USDC2.18800.0087get 0.0043% / 4h1h 06m$3K$249K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$2.74
Price spread: −0.091% → +0.039%
−$13.05
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$21.79
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 3 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 MEXC live order book, 3 min ago2.28 bp8.8 bp −$928.0 bp −$280137.6 bp −$13.8Kdoesn'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 31 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−0.1472%1h2.1800−0.457%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1887−0.059%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.1867−0.151%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1895−0.023%$411K$76K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1893−0.032%$41K150xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1888−0.054%$119K$248K20xas long as short
Orderly PERP_TRUMP_USDCshort+0.0087%4h2.1880−0.091%$3K$249K10x
Paradex TRUMP-USD-PERP+0.0093%8h2.1861−0.179%$5K5xas long as short
Lighter TRUMP+0.0096%1h2.1892−0.037%$985K$723K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1930+0.137%$14.1M$7.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRUMPUSDT+0.0100%4h2.1913+0.061%$456K$834K20xas long as short
Pacifica TRUMP+0.0100%1h2.1869−0.140%$188K$59K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1912+0.056%$62.4M$220.6M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1910+0.046%$30.6M$43.4M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1910+0.046%$26.9M$150.9M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.19000.000%$7.4M$47.5M75xas long as short
MEXC TRUMP_USDClong+0.0100%4h2.1900long leg$481K$134K125x
KuCoin TRUMPUSDTM+0.0100%4h2.19000.000%$4.6M$10.4M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1920+0.091%$15.5M$21.1M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1882−0.082%$692K$270Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1911+0.051%$190K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1910+0.046%$2K$1.5M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1895−0.023%$74$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.19000.000%$528K$1.8M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1906+0.025%$75K$471K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.1880−0.091%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1895−0.024%$10K100xas long as short
Backpack TRUMP_USDC_PERP+0.0338%1h2.1931+0.142%$259K$274K10xas long as short
BloFin TRUMP-USDT+0.0340%4h2.1910+0.046%$4.2M$626K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1890−0.046%$282K$401K50xas long as short
Kraken Futures PF_TRUMPUSD+0.0521%1h2.1925+0.114%$1.3M$2.5M50xas long as short