Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Pacifica against MEXC+0.112%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.382% of the position

Long on MEXC Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.281%+$28 on $10k

Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.112%, 7d avg +0.075%

Together, before fees+0.413%+ Points / potential airdropPacifica: Active · farm board+$41 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.037% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.1860	0.0100	pay 0.0050% / 4h	2h 14m	$480K	$135K	125x
Short	Pacifica TRUMP	2.1884	0.0100	get 0.0013% / 1h	14m 02s	$188K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → +0.075%: $3.7
Slippage, 4 orders: −$30.22
Fee MEXC: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$34.52
Costs to cover: 0.382%
Break-even: never at this rate

Slippage from MEXC: live order book, 69 min ago; Pacifica: live order book, 9 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, 69 min ago	2.29 bp	6.0 bp −$6	21.1 bp −$211	132.4 bp −$13.2K	doesn't fit
Sell Pacifica live order book, 9 min ago	7.08 bp	16.0 bp −$16	doesn't fit	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	−0.1787%	1h	2.1790	−0.320%	$13K	$119K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1874	+0.063%	$5	—	10x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0130%	1h	2.1911	+0.235%	$1.3M	$2.3M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0115%	1h	2.1883	+0.105%	$410K	$79K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1899	+0.177%	$27K	$485	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1887	+0.125%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1910	+0.228%	$119K	$248K	20x	as long as short
Lighter TRUMP	+0.0064%	1h	2.1868	+0.037%	$973K	$662K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0080%	8h	2.1874	+0.064%	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1870	+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	2.1900	+0.183%	$14.1M	$7.4M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1886	+0.120%	$458K	$831K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.1884	+0.112%	$188K	$60K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.1875	+0.069%	$62.3M	$215.5M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1880	+0.091%	$30.6M	$42.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1880	+0.091%	$26.7M	$147.9M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1880	+0.091%	$7.4M	$46.8M	75x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.1860	long leg	$480K	$135K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1890	+0.137%	$4.8M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1880	+0.091%	$15.5M	$20.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1864	+0.018%	$682K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1890	+0.137%	$180K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1900	+0.183%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1875	+0.069%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1920	+0.274%	$517K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1872	+0.055%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1860	0.000%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0190%	1h	2.1900	+0.183%	$259K	$264K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1881	+0.098%	$10K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0288%	1h	2.1860	0.000%	$281K	$399K	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1880	+0.091%	$4.1M	$500K	75x	as long as short