Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against Aster+0.024%7-day average −0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$380.380% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.024%, 7d avg −0.077%

Together, before fees−0.356%+ Points / potential airdropAster: Stage 5 · farm board−$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.102% dearer against Aster than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TRUMPUSDT	2.1435	0.0100	pay 0.0050% / 4h	2h 44m	$403K	$802K	20x
Short	MEXC TRUMP_USDC	2.1440	0.0100	get 0.0050% / 4h	2h 44m	$399K	$148K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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 AsterbpFee MEXCbpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → −0.077%: $10.15
Slippage, 4 orders: −$30.01
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$27.86
Costs to cover: 0.380%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; MEXC: live order book, 60 min ago.

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 Aster live order book, 3 min ago	4.66 bp	8.7 bp −$9	18.0 bp −$180	doesn't fit	doesn't fit
Sell MEXC live order book, 60 min ago	2.29 bp	5.5 bp −$5	19.4 bp −$194	133.8 bp −$13.4K	doesn't fit

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	−0.1827%	1h	2.1350	−0.396%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0557%	1h	2.1430	−0.023%	$84	$6K	5x	as long as short
Lighter TRUMP	−0.0488%	1h	2.1438	+0.015%	$948K	$994K	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0449%	1h	2.1440	+0.024%	$404K	$72K	10x	as long as short
Bybit TRUMPUSDT	−0.0269%	4h	2.1420	−0.069%	$30.5M	$51.0M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1422	−0.062%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0241%	8h	2.1419	−0.072%	$5K	$175	5x	as long as short
Binance TRUMPUSDT	−0.0227%	4h	2.1427	−0.039%	$60.4M	$247.0M	75x	as long as short
Extended TRUMP-USD	−0.0224%	1h	2.1409	−0.119%	$74K	$718K	25x	as long as short
Gate TRUMP_USDT	−0.0146%	4h	2.1440	+0.024%	$7.7M	$52.3M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMP	−0.0128%	4h	2.1441	+0.030%	$662K	$437K	—	as long as short
edgeX TRUMPUSDC	−0.0107%	4h	2.1475	+0.186%	$105K	$265K	20x	as long as short
GRVT TRUMP_USDT_Perp	−0.0040%	4h	2.1468	+0.153%	$179K	$4.7M	10x	as long as short
Orderly PERP_TRUMP_USDC	−0.0028%	4h	2.1450	+0.071%	$5K	$215K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0026%	4h	2.1430	−0.023%	$27.2M	$178.7M	50x	as long as short
dYdX TRUMP-USD	−0.0023%	1h	2.1446	+0.053%	$27K	$506	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1465	+0.140%	$41K	—	150x	as long as short
BloFin TRUMP-USDT	+0.0013%	4h	2.1430	−0.023%	$4.2M	$644K	75x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1425	−0.046%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1439	+0.019%	$13.6M	$8.0M	10x	as long as short
Aster TRUMPUSDTlong	+0.0100%	4h	2.1435	long leg	$403K	$802K	20x
Pacifica TRUMP	+0.0100%	1h	2.1448	+0.061%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1440	+0.024%	$399K	$148K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1440	+0.024%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1430	−0.023%	$15.4M	$26.4M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1500	+0.304%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1480	+0.211%	$488K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1460	+0.119%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0198%	1h	2.1468	+0.155%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0277%	1h	2.1468	+0.155%	$380K	$404K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1480	+0.211%	$275K	$304K	50x	as long as short