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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Variational Omni+0.414%7-day average +0.013% · 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)+0.042%+$4 on $10k
Price spread, last 7 days−0.360%−$36 · spread now +0.414%, 7d avg +0.013%
Together, before fees−0.318%+ Points / potential airdropVariational Omni: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.401% dearer against Variational Omni than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TRUMP2.1451−0.0022get 0.0011% / 4h1m 59s$662K$488K
ShortBitget TRUMPUSDT2.15400.0100get 0.0050% / 4h1m 59s$15.5M$25.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
$25.63
Price spread: +0.414% → +0.013%
$40.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$53.75
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; Bitget: live order book, 2 min ago. 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 Variational Omni RFQ quote, 57 min ago5.04 bpdoesn't fit17.4 bp −$174doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago4.66 bp10.7 bp −$1113.8 bp −$13843.8 bp −$4,381doesn't fit

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−0.1690%1h2.1390−0.286%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1522+0.328%$510xas long as short
SoDEX TRUMP-USD−0.0062%1h2.1545+0.437%$94$6K5xas long as short
Gate TRUMP_USDT−0.0054%4h2.1540+0.414%$7.6M$51.2M75xas long as short
Extended TRUMP-USD−0.0024%1h2.1519+0.316%$74K$721K25xas long as short
Binance TRUMPUSDT−0.0023%4h2.1538+0.404%$60.5M$242.7M75xas long as short
Variational Omni TRUMPlong−0.0022%4h2.1451long leg$662K$488K
edgeX TRUMPUSDC−0.0012%4h2.1438−0.061%$105K$264K20xas long as short
dYdX TRUMP-USD−0.0002%1h2.1502+0.236%$27K$5125xas long as short
Lighter TRUMP0.0000%1h2.1542+0.423%$953K$958K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1547+0.446%$406K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1536+0.393%$41K150xas long as short
Paradex TRUMP-USD-PERP+0.0035%8h2.1494+0.200%$5K$1755xas long as short
Orderly PERP_TRUMP_USDC+0.0043%4h2.1530+0.367%$4K$191K10xas long as short
Aevo TRUMP-PERP+0.0072%1h2.1530+0.369%$19K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1551+0.465%$13.7M$7.9M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1551+0.463%$422K$793K20xas long as short
Pacifica TRUMP+0.0100%1h2.1491+0.184%$185K$52K10xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1530+0.367%$30.5M$49.7M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1530+0.367%$27.3M$173.7M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1540+0.414%$405K$152K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1550+0.460%$4.2M$11.1M50xas long as short
Bitget TRUMPUSDTshort+0.0100%4h2.1540+0.414%$15.5M$25.6M75x
Backpack TRUMP_USDC_PERP+0.0100%1h2.1578+0.591%$343K$366K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1505+0.250%$184K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1570+0.554%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1530+0.367%$502K$2.2M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1542+0.422%$10K100xas long as short
BloFin TRUMP-USDT+0.0217%4h2.1480+0.134%$4.2M$680K75xas long as short
Kraken Futures PF_TRUMPUSD+0.0220%1h2.1572+0.565%$1.3M$2.2M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1520+0.321%$278K$276K50xas long as short