Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0345%/8h= +37.8% APRpaid last 24h +0.100%

Price spread now: MEXC against Reya+0.039%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on MEXC

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 days—no 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 +$10 a day on $10k at the current rate, and MEXC is 0.039% dearer against Reya than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TRUMPRUSDPERP	2.1482	−0.0245	get 0.0031% / 1h	17m 59s	$5	—	10x
Short	MEXC TRUMP_USDC	2.1490	0.0100	get 0.0050% / 4h	1h 17m	$400K	$150K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee ReyabpFee MEXCbpOrdersPrice spread, now +0.039%Rate

Funding earned: $72.41
Price spread: +0.039% → 0.000%: $3.9
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee MEXC: 0 bp × 2 orders: $0
Net: $70.31
Costs to cover: 0.060%
Break-even: 0.2 days

Slippage unknown: Reya: no order-book sample; MEXC: live order book, 16 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell MEXC live order book, 16 min ago	4.69 bp	5.8 bp −$6	19.7 bp −$197	132.1 bp −$13.2K	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1927%	1h	2.1350	−0.613%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERPlong	−0.0245%	1h	2.1482	long leg	$5	—	10x
Extended TRUMP-USD	−0.0176%	1h	2.1480	−0.009%	$74K	$519K	25x	as long as short
Binance TRUMPUSDT	−0.0173%	4h	2.1489	+0.034%	$60.7M	$252.2M	75x	as long as short
Variational Omni TRUMP	−0.0140%	4h	2.1451	−0.141%	$661K	$424K	—	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1521	+0.183%	$1.3M	$2.3M	50x	as long as short
edgeX TRUMPUSDC	−0.0095%	4h	2.1464	−0.084%	$105K	$264K	20x	as long as short
OKX TRUMP-USDT-SWAP	−0.0088%	4h	2.1480	−0.008%	$26.6M	$185.2M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0057%	4h	2.1480	−0.008%	$5K	$249K	10x	as long as short
Gate TRUMP_USDT	−0.0046%	4h	2.1500	+0.086%	$7.7M	$53.8M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0031%	8h	2.1483	+0.005%	$5K	$175	5x	as long as short
Bybit TRUMPUSDT	−0.0025%	4h	2.1490	+0.039%	$30.5M	$52.5M	50x	as long as short
SoDEX TRUMP-USD	−0.0007%	1h	2.1489	+0.034%	$80	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1492	+0.047%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1496	+0.067%	$405K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1503	+0.097%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1480	−0.008%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0063%	4h	2.1470	−0.054%	$4.1M	$702K	75x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1487	+0.025%	$940K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1511	+0.137%	$13.6M	$8.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1499	+0.081%	$404K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1493	+0.053%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1490	+0.039%	$400K	$150K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1490	+0.039%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1490	+0.039%	$15.3M	$27.1M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1477	−0.024%	$176K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1510	+0.132%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1510	+0.132%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1501	+0.089%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1490	+0.039%	$187K	$445K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0421%	1h	2.1526	+0.207%	$381K	$417K	10x	as long as short