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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0401%/8h= +43.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.045%
Price spread now: GMX against SoDEX+0.033%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GMX is 0.033% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TRUMP-USD2.1535−0.0302get 0.0038% / 1h5m 46s$82$6K5x
ShortGMX TRUMP/USD [ETH-USDC]2.1542L +0.0137% / S −0.0099%get 0.0012% / 1h5m 46s$9K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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
$84.19
Price spread: +0.033% → 0.000%
$3.33
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$67.53
Costs to cover
0.200%
Break-even
1.4 days
Slippage unknown: SoDEX: 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 SoDEX no order-book sample
Sell GMX no order-book sample
SoDEX 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−0.1827%1h2.1480−0.255%$13K$157K12xas long as short
Lighter TRUMP−0.0368%1h2.1529−0.028%$952K$1.0M10xas long as short
SoDEX TRUMP-USDlong−0.0302%1h2.1535long leg$82$6K5x
Binance TRUMPUSDT−0.0275%4h2.1542+0.034%$60.8M$251.7M75xas long as short
Extended TRUMP-USD−0.0272%1h2.1534−0.005%$74K$739K25xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1532−0.016%$510xas long as short
Bybit TRUMPUSDT−0.0214%4h2.1540+0.023%$30.6M$52.2M50xas long as short
Variational Omni TRUMP−0.0180%4h2.1531−0.017%$664K$426Kas long as short
Paradex TRUMP-USD-PERP−0.0170%8h2.1531−0.018%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0139%4h2.1508−0.127%$105K$264K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TRUMP_USDC-PERPETUAL−0.0121%1h2.1540+0.023%$406K$81K10xas long as short
Gate TRUMP_USDT−0.0108%4h2.1530−0.023%$7.7M$53.9M75xas long as short
OKX TRUMP-USDT-SWAP−0.0082%4h2.1520−0.070%$26.6M$185.1M50xas long as short
Orderly PERP_TRUMP_USDC−0.0063%4h2.1530−0.023%$4K$233K10xas long as short
BloFin TRUMP-USDT−0.0037%4h2.1570+0.163%$4.1M$691K75xas long as short
dYdX TRUMP-USD−0.0016%1h2.1526−0.040%$27K$5015xas long as short
Aevo TRUMP-PERP+0.0008%1h2.1525−0.046%$19K3xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1542+0.034%$41K150xas long as short
GRVT TRUMP_USDT_Perp+0.0018%4h2.1520−0.070%$182K$4.7M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1550+0.070%$13.5M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1550+0.070%$405K$774K20xas long as short
Pacifica TRUMP+0.0100%1h2.1532−0.014%$185K$52K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1540+0.023%$402K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1540+0.023%$4.2M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1540+0.023%$15.4M$27.0M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1560+0.116%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1560+0.116%$486K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]shortL +0.0137% / S −0.0099%1h2.1542+0.033%$9K100x
Kraken Futures PF_TRUMPUSD+0.0197%1h2.1569+0.158%$1.3M$2.3M50xas long as short
Backpack TRUMP_USDC_PERP+0.0264%1h2.1573+0.176%$384K$413K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0392%1h2.1540+0.023%$215K$408K50xas long as short