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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.083%
Price spread now: SoDEX against Reya+0.016%50s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TRUMPRUSDPERP2.1392−0.0245get 0.0031% / 1h43m 28s$510x
ShortSoDEX TRUMP-USD2.1395−0.0061pay 0.0008% / 1h43m 28s$82$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$38.65
Price spread: +0.016% → 0.000%
$1.57
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$26.23
Costs to cover
0.140%
Break-even
2.3 days
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample
Sell SoDEX no order-book sample
Reya and 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−0.1927%1h2.1280−0.522%$12K$157K12xas long as short
Reya TRUMPRUSDPERPlong−0.0245%1h2.1392long leg$510x
Binance TRUMPUSDT−0.0224%4h2.1410+0.086%$60.4M$252.0M75xas long as short
Extended TRUMP-USD−0.0224%1h2.1410+0.087%$74K$741K25xas long as short
Variational Omni TRUMP−0.0141%4h2.1381−0.049%$660K$424Kas long as short
edgeX TRUMPUSDC−0.0114%4h2.1397+0.023%$104K$265K20xas long as short
Gate TRUMP_USDT−0.0100%4h2.1400+0.039%$7.7M$53.6M75xas long as short
Kraken Futures PF_TRUMPUSD−0.0099%1h2.1422+0.141%$1.3M$2.3M50xas long as short
OKX TRUMP-USDT-SWAP−0.0095%4h2.1380−0.054%$26.4M$184.7M50xas long as short
Paradex TRUMP-USD-PERP−0.0083%8h2.1388−0.019%$5K$1755xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TRUMPUSDT−0.0072%4h2.1400+0.039%$30.4M$52.5M50xas long as short
SoDEX TRUMP-USDshort−0.0061%1h2.1395+0.016%$82$6K5x
Orderly PERP_TRUMP_USDC−0.0059%4h2.1400+0.039%$5K$239K10xas long as short
dYdX TRUMP-USD0.0000%1h2.1396+0.021%$27K$5015xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1403+0.053%$403K$81K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1412+0.094%$40K150xas long as short
BloFin TRUMP-USDT+0.0013%4h2.1430+0.179%$4.1M$686K75xas long as short
Aevo TRUMP-PERP+0.0024%1h2.1383−0.041%$19K3xas long as short
Lighter TRUMP+0.0096%1h2.1368−0.110%$944K$1.0M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1405+0.062%$13.5M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1403+0.055%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1391−0.003%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1410+0.086%$399K$148K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1410+0.086%$4.1M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1410+0.086%$15.3M$27.2M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1400+0.039%$181K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1450+0.273%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1440+0.226%$483K$2.5M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1412+0.096%$9K100xas long as short
Coinbase International TRUMP-PERP-INTX+0.0192%1h2.1440+0.226%$205K$421K50xas long as short
Backpack TRUMP_USDC_PERP+0.0348%1h2.1426+0.161%$379K$414K10xas long as short