Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.002%

Price spread now: SunX against Aevo+0.186%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on SunX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.186% dearer against Aevo than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TRUMP-PERP	2.1510	0.0032	pay 0.0004% / 1h	7m 55s	$19K	—	3x
Short	SunX TRUMP-USDT	2.1550	0.0100	get 0.0050% / 4h	7m 55s	$2K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee AevobpFee SunXbpOrdersPrice spread, now +0.186%Rate

Funding earned: $14.28
Price spread: +0.186% → 0.000%: $18.6
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee SunX: 4 bp × 2 orders: −$8
Net: $8.88
Costs to cover: 0.240%
Break-even: 2.6 days

Slippage unknown: Aevo: no order-book sample; SunX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell SunX live order book, 7 min ago	32.56 bp	96.9 bp −$97	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1797%	1h	2.1380	−0.604%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0357%	1h	2.1515	+0.023%	$76	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1512	+0.011%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0243%	4h	2.1482	−0.129%	$663K	$423K	—	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0214%	1h	2.1534	+0.112%	$406K	$81K	10x	as long as short
Extended TRUMP-USD	−0.0192%	1h	2.1500	−0.046%	$74K	$496K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0191%	4h	2.1490	−0.093%	$26.8M	$184.2M	50x	as long as short
Bybit TRUMPUSDT	−0.0189%	4h	2.1490	−0.093%	$30.5M	$52.3M	50x	as long as short
Binance TRUMPUSDT	−0.0189%	4h	2.1491	−0.086%	$60.8M	$249.6M	75x	as long as short
Lighter TRUMP	−0.0176%	1h	2.1518	+0.037%	$941K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0104%	8h	2.1531	+0.097%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0100%	4h	2.1510	0.000%	$7.7M	$53.4M	75x	as long as short
edgeX TRUMPUSDC	−0.0094%	4h	2.1479	−0.142%	$105K	$252K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0072%	4h	2.1520	+0.046%	$5K	$278K	10x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1552	+0.195%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1546	+0.167%	$41K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0020%	4h	2.1520	+0.046%	$4.1M	$10.8M	50x	as long as short
Aevo TRUMP-PERPlong	+0.0032%	1h	2.1510	long leg	$19K	—	3x
BloFin TRUMP-USDT	+0.0052%	4h	2.1550	+0.186%	$4.2M	$690K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1330	−0.837%	$167K	$479K	50x	as long as short
Bitget TRUMPUSDT	+0.0078%	4h	2.1520	+0.046%	$15.3M	$26.9M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1510	0.000%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1524	+0.063%	$404K	$776K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1551	+0.188%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1510	0.000%	$399K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1497	−0.062%	$179K	$4.4M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1550	+0.186%	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1540	+0.139%	$495K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1540	+0.140%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0303%	1h	2.1550	+0.186%	$384K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0597%	1h	2.1545	+0.163%	$1.3M	$2.3M	50x	as long as short