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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.090%
Price spread now: Coinbase International against Aevo+0.106%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.106% dearer against Aevo than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.14070.0016pay 0.0002% / 1h51m 56s$19K3x
ShortCoinbase International TRUMP-PERP-INTX2.14300.0192get 0.0024% / 1h51m 56s$205K$419K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
$36.96
Price spread: +0.106% → 0.000%
$10.58
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$21.54
Costs to cover
0.260%
Break-even
2.9 days
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 56 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 Aevo no order-book sample
Sell Coinbase International live order book, 56 min ago6.97 bp16.6 bp −$1720.2 bp −$202doesn't fitdoesn't fit
Aevo: 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%1h2.1310−0.455%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1412+0.020%$510xas long as short
Binance TRUMPUSDT−0.0242%4h2.1383−0.113%$60.4M$251.5M75xas long as short
Extended TRUMP-USD−0.0240%1h2.1394−0.061%$74K$742K25xas long as short
Variational Omni TRUMP−0.0165%4h2.1451+0.205%$662K$424Kas long as short
edgeX TRUMPUSDC−0.0126%4h2.1445+0.177%$105K$264K20xas long as short
Bybit TRUMPUSDT−0.0120%4h2.1390−0.081%$30.3M$52.3M50xas long as short
Paradex TRUMP-USD-PERP−0.0108%8h2.1439+0.147%$5K$1755xas long as short
Gate TRUMP_USDT−0.0104%4h2.1390−0.081%$7.6M$53.5M75xas long as short
Kraken Futures PF_TRUMPUSD−0.0099%1h2.1441+0.159%$1.3M$2.3M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRUMP-USDT-SWAP−0.0095%4h2.1370−0.175%$26.3M$184.3M50xas long as short
Orderly PERP_TRUMP_USDC−0.0061%4h2.1430+0.106%$5K$234K10xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0030%1h2.1425+0.082%$403K$81K10xas long as short
BloFin TRUMP-USDT−0.0005%4h2.1450+0.199%$4.1M$687K75xas long as short
dYdX TRUMP-USD0.0000%1h2.1446+0.182%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1432+0.115%$40K150xas long as short
Aevo TRUMP-PERPlong+0.0016%1h2.1407long leg$19K3x
Lighter TRUMP+0.0048%1h2.1403−0.020%$944K$1.0M10xas long as short
SoDEX TRUMP-USD+0.0068%1h2.1415+0.036%$82$6K5xas long as short
GRVT TRUMP_USDT_Perp+0.0094%4h2.1440+0.152%$182K$4.6M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1416+0.040%$13.5M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1405−0.010%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1443+0.167%$184K$53K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1390−0.081%$398K$148K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1400−0.034%$4.1M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1400−0.034%$15.2M$27.1M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1440+0.152%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1430+0.106%$483K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1424+0.076%$9K100xas long as short
Coinbase International TRUMP-PERP-INTXshort+0.0192%1h2.1430+0.106%$205K$419K50x
Backpack TRUMP_USDC_PERP+0.0425%1h2.1432+0.115%$380K$415K10xas long as short