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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.74 per $10,000 · paid last 24h +0.002%
Price spread now: Orderly against OKX0.000%7-day average +0.002% · you sell dearer than you buy
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−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now 0.000%, 7d avg +0.002%
Together, before fees−0.080%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRUMP-USDT-SWAP2.1370−0.0249get 0.0124% / 4h3h 32m$26.8M$181.7M50x
ShortOrderly PERP_TRUMP_USDC2.1370−0.0100pay 0.0050% / 4h3h 32m$5K$296K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$31.24
Price spread: 0.000% → +0.002%
−$0.18
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$15.05
Costs to cover
0.160%
Break-even
3.6 days
Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago2.34 bp7.3 bp −$79.8 bp −$9837.2 bp −$3,718doesn'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−0.1829%1h2.1350−0.094%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0534%1h2.1385+0.070%$69$6K5xas long as short
Bybit TRUMPUSDT−0.0495%4h2.1380+0.047%$30.6M$51.7M50xas long as short
Gate TRUMP_USDT−0.0348%4h2.1400+0.140%$7.7M$49.7M75xas long as short
Variational Omni TRUMP−0.0300%4h2.1451+0.381%$662K$415Kas long as short
Extended TRUMP-USD−0.0256%1h2.1399+0.138%$74K$494K25xas long as short
Binance TRUMPUSDT−0.0252%4h2.1398+0.133%$61.3M$247.8M75xas long as short
OKX TRUMP-USDT-SWAPlong−0.0249%4h2.1370long leg$26.8M$181.7M50x
Reya TRUMPRUSDPERP−0.0245%1h2.1429+0.277%$510xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0217%1h2.1389+0.089%$387K$81K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRUMP−0.0216%1h2.1390+0.094%$935K$990K10xas long as short
Paradex TRUMP-USD-PERP−0.0162%8h2.1363−0.034%$5K$1755xas long as short
Coinbase International TRUMP-PERP-INTX−0.0136%1h2.1360−0.047%$148K$493K50xas long as short
edgeX TRUMPUSDC−0.0126%4h2.1455+0.399%$105K$253K20xas long as short
Orderly PERP_TRUMP_USDCshort−0.0100%4h2.13700.000%$5K$296K10x
KuCoin TRUMPUSDTM−0.0054%4h2.1400+0.140%$4.1M$10.7M50xas long as short
GRVT TRUMP_USDT_Perp−0.0042%4h2.1454+0.392%$181K$4.3M10xas long as short
dYdX TRUMP-USD−0.0021%1h2.1407+0.171%$26K$2K5xas long as short
BloFin TRUMP-USDT−0.0012%4h2.1380+0.047%$4.2M$684K75xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1405+0.162%$40K150xas long as short
Aevo TRUMP-PERP+0.0016%1h2.1434+0.301%$19K3xas long as short
Bitget TRUMPUSDT+0.0020%4h2.1400+0.140%$15.2M$26.6M75xas long as short
MEXC TRUMP_USDC+0.0094%4h2.1390+0.094%$397K$149K125xas long as short
Hyperliquid TRUMP+0.0100%1h2.1418+0.225%$13.6M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1415+0.211%$407K$716K20xas long as short
Pacifica TRUMP+0.0100%1h2.1397+0.126%$184K$54K10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1430+0.281%$2K$1.5M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1420+0.234%$495K$2.5M50xas long as short
Kraken Futures PF_TRUMPUSD+0.0121%1h2.1424+0.252%$1.3M$2.3M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1385+0.070%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0284%1h2.1425+0.257%$382K$422K10xas long as short