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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0373%/8h= −40.8% APRnext payment $0.47 per $10,000 · paid last 24h −0.010%
Price spread now: SoDEX against Pacifica−0.112%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SoDEX is 0.112% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica TRUMP2.17190.0100pay 0.0013% / 1h27m 10s$187K$52K10x
ShortSoDEX TRUMP-USD2.1695−0.0273pay 0.0034% / 1h27m 10s$88$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$78.33
Price spread: −0.112% → 0.000%
−$11.21
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$105.54
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 26 min ago; SoDEX: 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 Pacifica live order book, 26 min ago5.04 bp11.4 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.1765%1h2.1660−0.273%$13K$157K12xas long as short
Paradex TRUMP-USD-PERP−0.0306%8h2.1702−0.082%$5K$1755xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0303%1h2.1697−0.103%$408K$72K10xas long as short
SoDEX TRUMP-USDshort−0.0273%1h2.1695−0.112%$88$6K5x
Reya TRUMPRUSDPERP−0.0245%1h2.1711−0.038%$510xas long as short
Gate TRUMP_USDT−0.0112%4h2.1710−0.043%$7.8M$51.5M75xas long as short
Binance TRUMPUSDT−0.0083%4h2.1700−0.089%$61.5M$245.4M75xas long as short
Extended TRUMP-USD−0.0080%1h2.1679−0.187%$75K$716K25xas long as short
edgeX TRUMPUSDC−0.0037%4h2.1799+0.368%$106K$263K20xas long as short
Variational Omni TRUMP−0.0013%4h2.1871+0.699%$675K$516Kas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX TRUMP-USD−0.0001%1h2.1746+0.121%$27K$5125xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1704−0.071%$41K150xas long as short
Orderly PERP_TRUMP_USDC+0.0024%4h2.1700−0.089%$3K$185K10xas long as short
Aevo TRUMP-PERP+0.0064%1h2.1675−0.203%$19K3xas long as short
Lighter TRUMP+0.0088%1h2.1690−0.135%$958K$975K10xas long as short
GRVT TRUMP_USDT_Perp+0.0092%4h2.1790+0.325%$179K$4.6M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1733+0.063%$13.8M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1714−0.025%$409K$834K20xas long as short
Pacifica TRUMPlong+0.0100%1h2.1719long leg$187K$52K10x
Bybit TRUMPUSDT+0.0100%4h2.1700−0.089%$30.7M$50.1M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1690−0.135%$27.7M$179.0M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1700−0.089%$407K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1710−0.043%$4.2M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1700−0.089%$15.7M$25.9M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1720+0.003%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1730+0.049%$495K$2.3M50xas long as short
BloFin TRUMP-USDT+0.0157%4h2.1700−0.089%$4.2M$679K75xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1707−0.058%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0172%1h2.1725+0.027%$1.3M$2.2M50xas long as short
Backpack TRUMP_USDC_PERP+0.0279%1h2.1749+0.137%$341K$376K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0400%1h2.1890+0.786%$283K$279K50xas long as short