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 0.000%

Price spread now: Pacifica against SunX−0.001%7-day average −0.085% · you buy dearer than you sell

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

Long on SunX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 3 days (all we have)−0.057%−$6 · spread now −0.001%, 7d avg −0.085%

Together, before fees−0.062%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.084% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TRUMP-USDT	2.1900	0.0100	pay 0.0050% / 4h	0m 12s	$2K	$1.6M	50x
Short	Pacifica TRUMP	2.1900	0.0100	get 0.0013% / 1h	0m 12s	$189K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee SunXbpFee PacificabpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → −0.085%: $8.43
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$7.57
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; Pacifica: live order book, 13 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 SunX live order book, 5 min ago	502.51 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 13 min ago	6.18 bp	21.4 bp −$21	doesn't fit	doesn't fit	doesn't fit

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	2.1760	−0.639%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1882	−0.082%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1897	−0.014%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1887	−0.059%	$410K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1892	−0.039%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1872	−0.128%	$119K	$250K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0095%	4h	2.1890	−0.046%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1881	−0.087%	$981K	$741K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1891	−0.042%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1896	−0.018%	$456K	$836K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMPshort	+0.0100%	1h	2.1900	−0.001%	$189K	$60K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.1880	−0.089%	$62.9M	$227.0M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1890	−0.046%	$30.7M	$44.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1890	−0.046%	$27.2M	$153.4M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1880	−0.091%	$7.4M	$48.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1870	−0.137%	$474K	$135K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1890	−0.046%	$4.3M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1890	−0.046%	$15.5M	$21.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1862	−0.173%	$638K	$377K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1885	−0.069%	$187K	$4.5M	10x	as long as short
SunX TRUMP-USDTlong	+0.0100%	4h	2.1900	long leg	$2K	$1.6M	50x
SoDEX TRUMP-USD	+0.0100%	1h	2.1885	−0.068%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1910	+0.046%	$554K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1881	−0.088%	$75K	$467K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1875	−0.114%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1891	−0.041%	$10K	—	100x	as long as short
Hyperliquid TRUMP	+0.0224%	1h	2.1914	+0.064%	$14.2M	$7.6M	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1900	0.000%	$4.2M	$633K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2060	+0.731%	$285K	$388K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0472%	1h	2.1922	+0.100%	$256K	$283K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0872%	1h	2.1908	+0.036%	$1.3M	$2.5M	50x	as long as short