Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0119%/8h= +13.0% APRpaid last 24h 0.000%

Price spread now: Aevo against OKX0.000%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRUMP-USDT-SWAP	2.1440	−0.0095	get 0.0047% / 4h	1h 55m	$26.5M	$184.6M	50x
Short	Aevo TRUMP-PERP	2.1440	0.0024	get 0.0003% / 1h	55m 14s	$19K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against OKX. 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 OKXbpFee AevobpOrdersPrice spread, now 0.000%Rate

Funding earned: $24.9
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1.1
Costs to cover: 0.260%
Break-even: 7.3 days

Slippage unknown: OKX: live order book, 4 min ago; Aevo: 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 OKX live order book, 4 min ago	2.32 bp	7.3 bp −$7	10.3 bp −$103	36.5 bp −$3,645	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.1927%	1h	2.1340	−0.466%	$12K	$157K	12x	as long as short
Binance TRUMPUSDT	−0.0249%	4h	2.1450	+0.047%	$60.6M	$251.5M	75x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1440	−0.002%	$74K	$739K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1442	+0.008%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0165%	4h	2.1451	+0.052%	$662K	$424K	—	as long as short
Bybit TRUMPUSDT	−0.0133%	4h	2.1450	+0.047%	$30.4M	$52.3M	50x	as long as short
edgeX TRUMPUSDC	−0.0131%	4h	2.1512	+0.334%	$105K	$263K	20x	as long as short
Paradex TRUMP-USD-PERP	−0.0119%	8h	2.1444	+0.019%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0104%	4h	2.1450	+0.047%	$7.7M	$53.4M	75x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1474	+0.159%	$1.3M	$2.3M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TRUMP-USDT-SWAPlong	−0.0095%	4h	2.1440	long leg	$26.5M	$184.6M	50x
Orderly PERP_TRUMP_USDC	−0.0063%	4h	2.1450	+0.047%	$5K	$233K	10x	as long as short
BloFin TRUMP-USDT	−0.0009%	4h	2.1430	−0.047%	$4.1M	$686K	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1466	+0.120%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1453	+0.061%	$404K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1456	+0.073%	$40K	—	150x	as long as short
Lighter TRUMP	+0.0024%	1h	2.1441	+0.005%	$946K	$1.0M	10x	as long as short
Aevo TRUMP-PERPshort	+0.0024%	1h	2.1440	0.000%	$19K	—	3x
SoDEX TRUMP-USD	+0.0071%	1h	2.1445	+0.023%	$82	$6K	5x	as long as short
GRVT TRUMP_USDT_Perp	+0.0086%	4h	2.1455	+0.069%	$182K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1466	+0.121%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1457	+0.079%	$403K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1460	+0.093%	$185K	$53K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1450	+0.047%	$400K	$147K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1440	0.000%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1450	+0.047%	$15.3M	$27.0M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1470	+0.140%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1460	+0.093%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1450	+0.045%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1430	−0.047%	$206K	$418K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0486%	1h	2.1484	+0.205%	$382K	$415K	10x	as long as short