Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h 0.000%

Price spread now: Paradex against MEXC−0.060%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.060% cheaper against MEXC than usual: you would sell low and buy high (−$6 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	2.2180	0.0100	pay 0.0050% / 4h	3h 02m	$478K	$134K	125x
Short	Paradex TRUMP-USD-PERP	2.2167	0.0083	get 0.0083% / 8h	7h 02m	$5K	$175	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$3.48
Price spread: −0.060% → 0.000%: −$5.98
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$13.46
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 62 min ago; Paradex: 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 Paradex no order-book sample	—	—	—	—	—

Paradex: 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	0.000%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2161	−0.084%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2216	+0.162%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2212	+0.144%	$417K	$78K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2200	+0.090%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2432	+1.136%	$109K	$263K	20x	as long as short
Paradex TRUMP-USD-PERPshort	+0.0083%	8h	2.2167	−0.060%	$5K	$175	5x
Orderly PERP_TRUMP_USDC	+0.0094%	4h	2.2200	+0.090%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2235	+0.248%	$986K	$783K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.2190	+0.045%	$14.4M	$6.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.2244	+0.291%	$464K	$837K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2231	+0.230%	$193K	$55K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2180	0.000%	$64.2M	$229.8M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2160	−0.090%	$31.4M	$46.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2150	−0.135%	$28.8M	$163.4M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2170	−0.045%	$7.9M	$49.3M	75x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.2180	long leg	$478K	$134K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2260	+0.361%	$4.2M	$10.8M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2170	−0.045%	$16.0M	$23.0M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2321	+0.635%	$710K	$441K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2373	+0.871%	$184K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2220	+0.180%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2200	+0.090%	$82	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2280	+0.451%	$578K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2130	−0.225%	$79K	$600K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2238	+0.263%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2196	+0.074%	$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	+0.243%	$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	+0.169%	$1.3M	$2.6M	50x	as long as short