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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Pacifica+0.079%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 3 days (all we have)−0.092%−$9 · spread now +0.079%, 7d avg +0.077%
Together, before fees−0.087%+ Points / potential airdropPacifica: Active · farm board−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica TRUMP2.18630.0100pay 0.0013% / 1h22m 40s$188K$60K10x
ShortHTX TRUMP-USDT2.18800.0100get 0.0050% / 4h22m 40s$553K$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Pacifica. 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
$0
Price spread: +0.079% → +0.077%
$0.21
Slippage, 4 orders
−$56.18
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$75.97
Costs to cover
0.762%
Break-even
never at this rate
Slippage from Pacifica: live order book, 55 min ago; HTX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 55 min ago4.57 bp12.4 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 1 min ago9.16 bp21.3 bp −$2146.9 bp −$469doesn't fitdoesn't fit

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−0.1537%1h2.1720−0.653%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1807−0.255%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.1857−0.025%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1830−0.149%$409K$78K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1810−0.241%$41K150xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1828−0.158%$119K$249K20xas long as short
Orderly PERP_TRUMP_USDC+0.0096%4h2.1820−0.195%$3K$249K10xas long as short
Lighter TRUMP+0.0096%1h2.1853−0.044%$980K$741K10xas long as short
Paradex TRUMP-USD-PERP+0.0098%8h2.1882+0.088%$5K5xas long as short
Aster TRUMPUSDT+0.0100%4h2.1843−0.088%$455K$832K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica TRUMPlong+0.0100%1h2.1863long leg$188K$60K10x
Binance TRUMPUSDT+0.0100%4h2.1862−0.004%$62.7M$225.7M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1880+0.079%$30.8M$44.7M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1890+0.125%$27.2M$153.0M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1830−0.149%$7.4M$48.6M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1860−0.012%$479K$133K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1830−0.149%$4.4M$10.3M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1840−0.104%$15.4M$21.7M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1862−0.001%$638K$377Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1913+0.231%$184K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1840−0.104%$2K$1.6M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1835−0.127%$74$6K5xas long as short
HTX TRUMP-USDTshort+0.0100%4h2.1880+0.079%$553K$1.9M50x
Extended TRUMP-USD+0.0104%1h2.1841−0.099%$75K$469K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.1825−0.172%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1815−0.220%$10K100xas long as short
Hyperliquid TRUMP+0.0301%1h2.1867+0.018%$14.1M$7.6M10xas long as short
BloFin TRUMP-USDT+0.0340%4h2.1850−0.058%$4.2M$635K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0424%1h2.2060+0.903%$285K$391K50xas long as short
Backpack TRUMP_USDC_PERP+0.0468%1h2.1873+0.047%$258K$282K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0874%1h2.1873+0.048%$1.3M$2.5M50xas long as short