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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0465%/8h= +50.9% APRnext payment +$0.58 per $10,000 · paid last 24h +0.092%
Price spread now: Kraken Futures against Reya+0.171%7-day average · 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 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
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.171% dearer against Reya than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TRUMPRUSDPERP2.1567−0.0245get 0.0031% / 1h12m 48s$510x
ShortKraken Futures PF_TRUMPUSD2.16030.0220get 0.0027% / 1h12m 48s$1.3M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$97.55
Price spread: +0.171% → 0.000%
$17.12
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$98.67
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 1 min ago. 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 Kraken Futures live order book, 1 min ago2.32 bp15.8 bp −$1631.8 bp −$318doesn't fitdoesn't fit
Reya: 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−0.1690%1h2.1420−0.679%$12K$157K12xas long as short
Reya TRUMPRUSDPERPlong−0.0245%1h2.1567long leg$510x
SoDEX TRUMP-USD−0.0102%1h2.1575+0.039%$94$6K5xas long as short
Gate TRUMP_USDT−0.0044%4h2.1560−0.030%$7.6M$51.1M75xas long as short
Variational Omni TRUMP−0.0026%4h2.1531−0.164%$665K$488Kas long as short
Lighter TRUMP−0.0024%1h2.1552−0.067%$954K$957K10xas long as short
Extended TRUMP-USD−0.0016%1h2.1549−0.081%$74K$721K25xas long as short
Binance TRUMPUSDT−0.0016%4h2.1552−0.069%$60.5M$241.8M75xas long as short
edgeX TRUMPUSDC−0.0005%4h2.1545−0.097%$105K$265K20xas long as short
dYdX TRUMP-USD−0.0002%1h2.1566−0.003%$27K$5125xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1584+0.081%$406K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1574+0.035%$41K150xas long as short
Paradex TRUMP-USD-PERP+0.0037%8h2.1554−0.058%$5K$1755xas long as short
Orderly PERP_TRUMP_USDC+0.0044%4h2.1570+0.016%$4K$202K10xas long as short
Aevo TRUMP-PERP+0.0080%1h2.1566−0.003%$19K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1584+0.081%$14.5M$7.5M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1579+0.058%$423K$829K20xas long as short
Pacifica TRUMP+0.0100%1h2.1573+0.030%$186K$53K10xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1560−0.030%$30.6M$49.6M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1550−0.077%$27.3M$173.5M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1560−0.030%$405K$151K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1570+0.016%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1570+0.016%$15.6M$25.5M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1598+0.146%$339K$361K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1529−0.173%$184K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1600+0.155%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1590+0.109%$504K$2.2M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1579+0.060%$10K100xas long as short
Kraken Futures PF_TRUMPUSDshort+0.0220%1h2.1603+0.171%$1.3M$2.2M50x
BloFin TRUMP-USDT+0.0224%4h2.1570+0.016%$4.2M$684K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1580+0.063%$279K$276K50xas long as short