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% APRpaid last 24h 0.000%

Price spread now: SunX against Pacifica−0.036%7-day average +0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$185as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$1851.851% of the position

Long on Pacifica Short on SunX

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)+0.094%+$9 · spread now −0.036%, 7d avg +0.085%

Together, before fees+0.099%+ Points / potential airdropPacifica: Active · farm board+$10 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: SunX is 0.121% cheaper against Pacifica than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TRUMP	2.2138	0.0100	pay 0.0013% / 1h	46m 47s	$190K	$59K	10x
Short	SunX TRUMP-USDT	2.2130	0.0100	get 0.0050% / 4h	46m 47s	$2K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee PacificabpFee SunXbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → +0.085%: −$12.13
Slippage, 4 orders: −$169.09
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$197.22
Costs to cover: 1.851%
Break-even: never at this rate

Slippage from Pacifica: live order book, 31 min ago; SunX: live order book, 8 min ago.

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 Pacifica live order book, 31 min ago	4.57 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	31.63 bp	91.5 bp −$92	doesn't fit	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	−0.1537%	1h	2.2030	−0.488%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2102	−0.162%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2127	−0.049%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2097	−0.185%	$414K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2100	−0.172%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2151	+0.061%	$121K	$249K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0088%	4h	2.2100	−0.172%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0096%	8h	2.2125	−0.061%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2136	−0.009%	$992K	$738K	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2144	+0.028%	$461K	$835K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMPlong	+0.0100%	1h	2.2138	long leg	$190K	$59K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.2141	+0.016%	$63.8M	$223.2M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2140	+0.009%	$31.1M	$44.0M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2140	+0.009%	$27.4M	$153.3M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2130	−0.036%	$7.5M	$47.9M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2120	−0.081%	$484K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2130	−0.036%	$4.7M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2150	+0.054%	$15.7M	$21.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2172	+0.155%	$624K	$348K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2190	+0.235%	$194K	$4.5M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.2130	−0.036%	$2K	$1.6M	50x
SoDEX TRUMP-USD	+0.0100%	1h	2.2115	−0.104%	$75	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2150	+0.054%	$551K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2131	−0.032%	$76K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2094	−0.201%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.2094	−0.197%	$10K	—	100x	as long as short
Hyperliquid TRUMP	+0.0337%	1h	2.2172	+0.154%	$14.3M	$7.5M	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2080	−0.262%	$4.2M	$637K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2240	+0.461%	$287K	$405K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0605%	1h	2.2140	+0.009%	$261K	$278K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0863%	1h	2.2143	+0.023%	$1.3M	$2.5M	50x	as long as short