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= +17.7% APRpaid last 24h +0.091%
Price spread now: Coinbase International against Variational Omni+0.040%7-day average +0.072% · 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 4 days (all we have)+0.252%+$25 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.040%, 7d avg +0.072%
Together, before fees+0.162%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.072%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TRUMP2.1461−0.0297get 0.0149% / 4h3h 55m$663K$420K
ShortCoinbase International TRUMP-PERP-INTX2.1470−0.0136pay 0.0017% / 1h55m 39s$168K$481K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$33.86
Price spread: +0.040% → +0.072%
−$3.2
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$20.66
Costs to cover
0.100%
Break-even
2.7 days
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; Coinbase International: live order book, 42 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, 43 min ago5.05 bpdoesn't fit13.0 bp −$130doesn't fitdoesn't fit
Sell Coinbase International live order book, 42 min ago7.01 bp12.0 bp −$1216.1 bp −$161doesn't fitdoesn'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−0.1829%1h2.1380−0.380%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0482%1h2.1465+0.016%$72$6K5xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0355%1h2.1476+0.068%$404K$65K10xas long as short
Bybit TRUMPUSDT−0.0338%4h2.1420−0.193%$30.6M$52.0M50xas long as short
Variational Omni TRUMPlong−0.0297%4h2.1461long leg$663K$420K
Lighter TRUMP−0.0256%1h2.1419−0.198%$936K$988K10xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1472+0.047%$510xas long as short
Binance TRUMPUSDT−0.0212%4h2.1430−0.147%$60.7M$247.6M75xas long as short
Extended TRUMP-USD−0.0208%1h2.1414−0.220%$74K$492K25xas long as short
OKX TRUMP-USDT-SWAP−0.0205%4h2.1420−0.193%$26.8M$182.7M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0180%4h2.1440−0.100%$7.7M$49.4M75xas long as short
Coinbase International TRUMP-PERP-INTXshort−0.0136%1h2.1470+0.040%$168K$481K50x
Paradex TRUMP-USD-PERP−0.0131%8h2.1417−0.207%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0103%4h2.1484+0.103%$105K$252K20xas long as short
Orderly PERP_TRUMP_USDC−0.0086%4h2.1470+0.040%$5K$290K10xas long as short
KuCoin TRUMPUSDTM−0.0004%4h2.1450−0.053%$4.1M$10.8M50xas long as short
dYdX TRUMP-USD0.0000%1h2.1540+0.366%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1485+0.108%$40K150xas long as short
BloFin TRUMP-USDT+0.0031%4h2.1510+0.226%$4.2M$688K75xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1455−0.030%$19K3xas long as short
Bitget TRUMPUSDT+0.0054%4h2.1430−0.147%$15.3M$26.7M75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1441−0.095%$13.6M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1445−0.078%$402K$776K20xas long as short
Pacifica TRUMP+0.0100%1h2.1443−0.086%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1420−0.193%$398K$146K125xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1506+0.205%$181K$4.3M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1510+0.226%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1480+0.086%$494K$2.5M50xas long as short
Kraken Futures PF_TRUMPUSD+0.0121%1h2.1495+0.158%$1.3M$2.3M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1481+0.092%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0311%1h2.1484+0.105%$384K$418K10xas long as short