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+0.0131%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against Variational Omni−0.052%7-day average −0.011% · 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 4 days (all we have)+0.237%+$24 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.052%, 7d avg −0.011%
Together, before fees+0.200%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.042% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.011%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TRUMP2.1551−0.0086get 0.0043% / 4h2h 53m$665K$437K
ShortBloFin TRUMP-USDT2.15400.0045get 0.0023% / 4h2h 53m$4.2M$648K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$27.6
Price spread: −0.052% → −0.011%
−$4.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.45
Costs to cover
0.120%
Break-even
4.1 days
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; BloFin: live order book, 5 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, 61 min ago5.03 bpdoesn't fit14.7 bp −$147doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago7.00 bp17.2 bp −$1722.2 bp −$22240.0 bp −$3,996108.4 bp −$54.2K

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%1h2.1390−0.748%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0479%1h2.1525−0.122%$87$6K5xas long as short
Lighter TRUMP−0.0416%1h2.1517−0.159%$951K$994K10xas long as short
Bybit TRUMPUSDT−0.0264%4h2.1530−0.099%$30.6M$50.9M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0261%1h2.1530−0.099%$405K$72K10xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1512−0.184%$510xas long as short
Paradex TRUMP-USD-PERP−0.0234%8h2.1496−0.257%$5K$1755xas long as short
Gate TRUMP_USDT−0.0200%4h2.1540−0.052%$7.7M$52.2M75xas long as short
Binance TRUMPUSDT−0.0195%4h2.1540−0.052%$60.8M$246.7M75xas long as short
Extended TRUMP-USD−0.0192%1h2.1519−0.149%$74K$720K25xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TRUMPUSDC−0.0092%4h2.1499−0.242%$105K$264K20xas long as short
Variational Omni TRUMPlong−0.0086%4h2.1551long leg$665K$437K
dYdX TRUMP-USD−0.0054%1h2.1526−0.115%$27K$5085xas long as short
Orderly PERP_TRUMP_USDC−0.0017%4h2.1520−0.145%$5K$208K10xas long as short
GRVT TRUMP_USDT_Perp−0.0012%4h2.1550−0.005%$180K$4.7M10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1535−0.077%$41K150xas long as short
OKX TRUMP-USDT-SWAP+0.0020%4h2.1530−0.099%$27.3M$179.3M50xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1507−0.204%$19K3xas long as short
BloFin TRUMP-USDTshort+0.0045%4h2.1540−0.052%$4.2M$648K75x
Hyperliquid TRUMP+0.0100%1h2.1549−0.010%$13.6M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1550−0.006%$405K$801K20xas long as short
Pacifica TRUMP+0.0100%1h2.1523−0.131%$185K$52K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1510−0.191%$400K$147K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1540−0.052%$4.2M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1530−0.099%$15.5M$26.3M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1540−0.052%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1510−0.191%$489K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1540−0.052%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0197%1h2.1551−0.003%$1.3M$2.3M50xas long as short
Backpack TRUMP_USDC_PERP+0.0357%1h2.1567+0.073%$382K$404K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0392%1h2.1540−0.052%$286K$304K50xas long as short