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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0161%/8h= −17.6% APRnext payment $0.80 per $10,000 · paid last 24h −0.004%
Price spread now: Orderly against SunX−0.093%7-day average −0.112% · you buy dearer than you sell
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 7 days−0.147%−$15 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.093%, 7d avg −0.112%
Together, before fees−0.149%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRUMP-USDT2.14100.0100pay 0.0050% / 4h1h 31m$2K$1.6M50x
ShortOrderly PERP_TRUMP_USDC2.1390−0.0061pay 0.0030% / 4h1h 31m$5K$246K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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
−$33.74
Price spread: −0.093% → −0.112%
$1.89
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$45.85
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Orderly: 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 SunX live order book, 4 min ago32.77 bp66.0 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h2.1260−0.701%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1382−0.132%$510xas long as short
Extended TRUMP-USD−0.0208%1h2.1380−0.141%$74K$645K25xas long as short
Binance TRUMPUSDT−0.0204%4h2.1387−0.108%$60.4M$251.8M75xas long as short
Variational Omni TRUMP−0.0157%4h2.1351−0.274%$659K$424Kas long as short
edgeX TRUMPUSDC−0.0106%4h2.1350−0.278%$104K$265K20xas long as short
Kraken Futures PF_TRUMPUSD−0.0099%1h2.1420+0.045%$1.3M$2.3M50xas long as short
OKX TRUMP-USDT-SWAP−0.0099%4h2.1390−0.093%$26.4M$184.4M50xas long as short
Gate TRUMP_USDT−0.0092%4h2.1390−0.093%$7.7M$53.6M75xas long as short
Bybit TRUMPUSDT−0.0083%4h2.1390−0.093%$30.4M$52.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TRUMP_USDCshort−0.0061%4h2.1390−0.093%$5K$246K10x
Paradex TRUMP-USD-PERP−0.0061%8h2.1368−0.198%$5K$1755xas long as short
SoDEX TRUMP-USD−0.0008%1h2.1385−0.117%$82$6K5xas long as short
dYdX TRUMP-USD0.0000%1h2.1386−0.111%$27K$5015xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1401−0.042%$403K$81K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1399−0.054%$40K150xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1377−0.154%$19K3xas long as short
BloFin TRUMP-USDT+0.0036%4h2.14100.000%$4.1M$684K75xas long as short
Lighter TRUMP+0.0088%1h2.1381−0.135%$944K$1.0M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1402−0.037%$13.5M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1400−0.047%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1384−0.121%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1390−0.093%$398K$149K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1390−0.093%$4.1M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1400−0.047%$15.2M$27.2M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1388−0.102%$175K$4.6M10xas long as short
SunX TRUMP-USDTlong+0.0100%4h2.1410long leg$2K$1.6M50x
HTX TRUMP-USDT+0.0100%4h2.14100.000%$481K$2.5M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1400−0.045%$9K100xas long as short
Coinbase International TRUMP-PERP-INTX+0.0192%1h2.1360−0.234%$202K$421K50xas long as short
Backpack TRUMP_USDC_PERP+0.0338%1h2.1390−0.093%$379K$415K10xas long as short