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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0433%/8h= +47.4% APRnext payment +$0.54 per $10,000 · paid last 24h +0.126%
Price spread now: GMX against Reya−0.009%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 airdropReya: Active · farm boardneeds 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: +$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TRUMPRUSDPERP2.1924−0.0245get 0.0031% / 1h47m 55s$510x
ShortGMX TRUMP/USD [ETH-USDC]2.1922L +0.0216% / S −0.0188%get 0.0023% / 1h47m 55s$10K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Reya. 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
$90.89
Price spread: −0.009% → 0.000%
−$0.9
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
$71.99
Costs to cover
0.180%
Break-even
1.5 days
Slippage unknown: Reya: no order-book sample; GMX: 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 Reya no order-book sample
Sell GMX no order-book sample
Reya and GMX: 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−0.1472%1h2.1740−0.837%$13K$137K12xas long as short
Reya TRUMPRUSDPERPlong−0.0245%1h2.1924long leg$510x
dYdX TRUMP-USD0.0000%1h2.1908−0.072%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1919−0.021%$411K$79K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1920−0.016%$41K150xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1857−0.303%$119K$248K20xas long as short
Orderly PERP_TRUMP_USDC+0.0086%4h2.1910−0.062%$3K$249K10xas long as short
Paradex TRUMP-USD-PERP+0.0087%8h2.1910−0.063%$5K5xas long as short
Lighter TRUMP+0.0096%1h2.1906−0.080%$975K$670K10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1918−0.027%$457K$831K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica TRUMP+0.0100%1h2.1922−0.008%$189K$59K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1926+0.012%$62.5M$217.3M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1930+0.030%$30.7M$42.7M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1920−0.016%$26.8M$149.2M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1910−0.062%$7.3M$46.8M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1910−0.062%$481K$132K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1920−0.016%$4.7M$10.4M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1930+0.030%$15.6M$20.6M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1863−0.275%$683K$261Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1860−0.289%$182K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1940+0.075%$2K$1.5M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1910−0.062%$70$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.1960+0.166%$518K$1.7M50xas long as short
Hyperliquid TRUMP+0.0102%1h2.1936+0.057%$14.1M$7.4M10xas long as short
Extended TRUMP-USD+0.0104%1h2.1912−0.054%$75K$471K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.1898−0.117%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]shortL +0.0216% / S −0.0188%1h2.1922−0.009%$10K100x
Backpack TRUMP_USDC_PERP+0.0258%1h2.1938+0.066%$260K$268K10xas long as short
BloFin TRUMP-USDT+0.0340%4h2.1870−0.244%$4.2M$519K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1860−0.290%$281K$399K50xas long as short
Kraken Futures PF_TRUMPUSD+0.0521%1h2.1934+0.048%$1.3M$2.4M50xas long as short