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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0042%/8h= −4.6% APRnext payment $0.05 per $10,000 · paid last 24h −0.033%
Price spread now: dYdX against Aevo−0.075%7-day average · 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 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.075% cheaper against Aevo than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.14740.0024pay 0.0003% / 1h54m 15s$19K3x
ShortdYdX TRUMP-USD2.1458−0.0018pay 0.0002% / 1h54m 15s$26K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$8.78
Price spread: −0.075% → 0.000%
−$7.54
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.32
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; dYdX: no order-book sample. 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 dYdX no order-book sample
Aevo and dYdX: 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 32 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−0.1841%1h2.1600+0.587%$13K$157K12xas long as short
Variational Omni TRUMP−0.0335%4h2.1661+0.870%$672K$419Kas long as short
Lighter TRUMP−0.0320%1h2.1500+0.121%$934K$969K10xas long as short
Bybit TRUMPUSDT−0.0311%4h2.1520+0.215%$31.1M$50.6M50xas long as short
SoDEX TRUMP-USD−0.0299%1h2.1479+0.024%$68$6K5xas long as short
OKX TRUMP-USDT-SWAP−0.0256%4h2.1510+0.168%$27.1M$180.3M50xas long as short
Binance TRUMPUSDT−0.0250%4h2.1509+0.161%$63.0M$245.0M75xas long as short
Extended TRUMP-USD−0.0248%1h2.1479+0.022%$76K$492K25xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1481+0.032%$510xas long as short
Coinbase International TRUMP-PERP-INTX−0.0240%1h2.1430−0.204%$139K$508K50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0200%4h2.1490+0.075%$7.7M$47.7M75xas long as short
Paradex TRUMP-USD-PERP−0.0150%8h2.1449−0.116%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0122%4h2.1662+0.877%$106K$253K20xas long as short
Orderly PERP_TRUMP_USDC−0.0077%4h2.1500+0.121%$5K$324K10xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0075%1h2.1500+0.121%$386K$73K10xas long as short
KuCoin TRUMPUSDTM−0.0062%4h2.1480+0.028%$4.2M$10.5M50xas long as short
dYdX TRUMP-USDshort−0.0018%1h2.1458−0.075%$26K$2K5x
Bitget TRUMPUSDT−0.0008%4h2.1490+0.075%$15.2M$26.1M75xas long as short
BloFin TRUMP-USDT−0.0006%4h2.1500+0.121%$4.3M$681K75xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1764+1.350%$41K150xas long as short
Kraken Futures PF_TRUMPUSD+0.0016%1h2.1532+0.271%$1.3M$2.2M50xas long as short
Aevo TRUMP-PERPlong+0.0024%1h2.1474long leg$19K3x
MEXC TRUMP_USDC+0.0042%4h2.1500+0.121%$399K$147K125xas long as short
GRVT TRUMP_USDT_Perp+0.0096%4h2.1689+1.003%$177K$4.1M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1511+0.173%$13.6M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1505+0.145%$408K$657K20xas long as short
Pacifica TRUMP+0.0100%1h2.1455−0.086%$185K$54K10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1520+0.215%$2K$1.5M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1500+0.121%$497K$2.5M50xas long as short
Phemex TRUMPUSDT+0.0100%4h2.1520+0.215%$3K$44K50xas long as short
Backpack TRUMP_USDC_PERP+0.0155%1h2.1527+0.247%$387K$412K10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0170% / S −0.0143%1h2.1545+0.333%$10K100xas long as short