Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: OKX against SoDEX0.000%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on OKX

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—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX TRUMP-USD	2.2080	0.0100	pay 0.0013% / 1h	40m 52s	$75	$6K	5x
Short	OKX TRUMP-USDT-SWAP	2.2080	0.0100	get 0.0050% / 4h	40m 52s	$27.3M	$153.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee SoDEXbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$18
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 3 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 SoDEX no order-book sample	—	—	—	—	—
Sell OKX live order book, 3 min ago	2.26 bp	7.5 bp −$8	14.9 bp −$149	47.3 bp −$4,729	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1537%	1h	2.1970	−0.498%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2082	+0.010%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2060	−0.089%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2080	0.000%	$414K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2086	+0.028%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2145	+0.292%	$121K	$250K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0089%	4h	2.2090	+0.045%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2081	+0.005%	$990K	$738K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0096%	8h	2.2061	−0.086%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2099	+0.086%	$460K	$835K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.2062	−0.079%	$190K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2080	0.000%	$63.8M	$223.6M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2070	−0.045%	$31.1M	$44.2M	50x	as long as short
OKX TRUMP-USDT-SWAPshort	+0.0100%	4h	2.2080	0.000%	$27.3M	$153.2M	50x
Gate TRUMP_USDT	+0.0100%	4h	2.2080	0.000%	$7.5M	$48.0M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2070	−0.045%	$483K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2100	+0.091%	$4.7M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2080	0.000%	$15.9M	$21.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2142	+0.282%	$650K	$373K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2085	+0.023%	$193K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2110	+0.136%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USDlong	+0.0100%	1h	2.2080	long leg	$75	$6K	5x
HTX TRUMP-USDT	+0.0100%	4h	2.2100	+0.091%	$565K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2081	+0.005%	$76K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2070	−0.045%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.2084	+0.016%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2060	−0.091%	$4.2M	$637K	75x	as long as short
Hyperliquid TRUMP	+0.0346%	1h	2.2097	+0.077%	$14.2M	$7.5M	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2240	+0.725%	$287K	$395K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0523%	1h	2.2109	+0.131%	$261K	$278K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0864%	1h	2.2106	+0.117%	$1.3M	$2.5M	50x	as long as short