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 +0.003%

Price spread now: Variational Omni against MEXC+0.148%7-day average +0.057% · you sell dearer than you buy

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.148%, 7d avg +0.057%

Together, before fees−0.147%+ Points / potential airdropVariational Omni: Active · farm board−$15 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: Variational Omni is 0.091% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.057%.

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	1h 17m	$480K	$133K	125x
Short	Variational Omni TRUMP	2.1892	0.0100	get 0.0050% / 4h	1h 17m	$692K	$270K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.148%Rate

Funding earned: $0
Price spread: +0.148% → +0.057%: $9.07
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $9.07
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: MEXC: live order book, 57 min ago; Variational Omni: RFQ quote, 1 min ago. 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, 57 min ago	2.29 bp	10.3 bp −$10	26.0 bp −$260	135.2 bp −$13.5K	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	5.00 bp	doesn't fit	15.7 bp −$157	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	−0.1472%	1h	2.1780	−0.366%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1867	+0.033%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1868	+0.037%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1876	+0.073%	$410K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1882	+0.101%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1910	+0.228%	$119K	$249K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1860	0.000%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0092%	8h	2.1872	+0.054%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1866	+0.027%	$973K	$682K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1885	+0.114%	$14.0M	$7.4M	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	2.1876	+0.072%	$455K	$833K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1882	+0.103%	$188K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1865	+0.023%	$62.4M	$219.8M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1870	+0.046%	$30.5M	$43.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1880	+0.091%	$26.8M	$150.3M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1880	+0.091%	$7.4M	$47.4M	75x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.1860	long leg	$480K	$133K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1870	+0.046%	$4.6M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1870	+0.046%	$15.5M	$21.0M	75x	as long as short
Variational Omni TRUMPshort	+0.0100%	4h	2.1892	+0.148%	$692K	$270K	—
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1920	+0.272%	$179K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1890	+0.137%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1869	+0.041%	$72	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1890	+0.137%	$531K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1871	+0.049%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1860	0.000%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1879	+0.088%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1860	0.000%	$4.2M	$514K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0353%	1h	2.1887	+0.124%	$262K	$272K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1920	+0.274%	$281K	$399K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0522%	1h	2.1896	+0.167%	$1.3M	$2.5M	50x	as long as short