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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0407%/8h= +44.5% APRnext payment +$0.51 per $10,000 · paid last 24h −0.022%
Price spread now: Kraken Futures against Aevo+0.102%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 +$12 a day on $10k at the current rate, and Kraken Futures is 0.102% dearer against Aevo than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.20840.0104pay 0.0013% / 1h58m 40s$19K3x
ShortKraken Futures PF_TRUMPUSD2.21070.0511get 0.0064% / 1h58m 40s$1.3M$2.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$85.41
Price spread: +0.102% → 0.000%
$10.19
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$69.59
Costs to cover
0.260%
Break-even
1.3 days
Slippage unknown: Aevo: no order-book sample; Kraken Futures: 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 Aevo no order-book sample
Sell Kraken Futures live order book, 5 min ago4.51 bp18.2 bp −$1824.7 bp −$247doesn'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−0.1623%1h2.1990−0.426%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.2042−0.192%$510xas long as short
Lighter TRUMP−0.0176%1h2.1945−0.630%$975K$778K10xas long as short
dYdX TRUMP-USD0.0000%1h2.1956−0.579%$27K$5125xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.2086+0.009%$416K$80K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.2084+0.001%$44K150xas long as short
SoDEX TRUMP-USD+0.0017%1h2.2075−0.041%$80$6K5xas long as short
edgeX TRUMPUSDC+0.0050%4h2.2199+0.522%$108K$263K20xas long as short
Paradex TRUMP-USD-PERP+0.0082%8h2.1994−0.407%$5K$1755xas long as short
Orderly PERP_TRUMP_USDC+0.0092%4h2.2090+0.027%$3K$248K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRUMP+0.0100%1h2.2039−0.204%$14.3M$6.6M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.2024−0.273%$460K$860K20xas long as short
Pacifica TRUMP+0.0100%1h2.1970−0.518%$191K$55K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.2097+0.057%$63.8M$231.4M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1980−0.471%$31.2M$46.8M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.2000−0.381%$28.5M$164.0M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1990−0.426%$7.8M$47.3M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1960−0.562%$473K$130K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.2020−0.290%$4.1M$10.8M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.2040−0.199%$15.9M$23.3M75xas long as short
Variational Omni TRUMP+0.0100%4h2.2051−0.149%$702K$441Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.2080−0.018%$186K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.2090+0.027%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.2130+0.208%$574K$1.9M50xas long as short
Extended TRUMP-USD+0.0104%1h2.2010−0.337%$78K$595K25xas long as short
Aevo TRUMP-PERPlong+0.0104%1h2.2084long leg$19K3x
GMX TRUMP/USD [ETH-USDC]L +0.0217% / S −0.0188%1h2.2086+0.008%$10K100xas long as short
Backpack TRUMP_USDC_PERP+0.0242%1h2.2108+0.109%$263K$311K10xas long as short
BloFin TRUMP-USDT+0.0340%4h2.2100+0.072%$4.3M$672K75xas long as short
Kraken Futures PF_TRUMPUSDshort+0.0511%1h2.2107+0.102%$1.3M$2.4M50x
Coinbase International TRUMP-PERP-INTX+0.0536%1h2.2230+0.661%$292K$286K50xas long as short