Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.006%

Price spread now: Aevo against Binance+0.015%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Aevo

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUMPUSDT	2.1440	−0.0162	get 0.0081% / 4h	50m 19s	$60.7M	$250.9M	75x
Short	Aevo TRUMP-PERP	2.1443	0.0040	get 0.0005% / 1h	50m 19s	$19K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now +0.015%Rate

Funding earned: $42.42
Price spread: +0.015% → 0.000%: $1.51
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: $17.93
Costs to cover: 0.260%
Break-even: 4.0 days

Slippage unknown: Binance: live order book, 8 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 8 min ago	2.34 bp	7.3 bp −$7	10.4 bp −$104	31.0 bp −$3,100	264.3 bp −$132.1K
Sell Aevo no order-book sample	—	—	—	—	—

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	2.1340	−0.466%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0260%	1h	2.1457	+0.079%	$82	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1421	−0.087%	$5	—	10x	as long as short
Binance TRUMPUSDTlong	−0.0162%	4h	2.1440	long leg	$60.7M	$250.9M	75x
Extended TRUMP-USD	−0.0160%	1h	2.1449	+0.043%	$74K	$493K	25x	as long as short
Lighter TRUMP	−0.0144%	1h	2.1450	+0.047%	$938K	$1.0M	10x	as long as short
Variational Omni TRUMP	−0.0140%	4h	2.1411	−0.136%	$661K	$423K	—	as long as short
OKX TRUMP-USDT-SWAP	−0.0131%	4h	2.1430	−0.047%	$26.6M	$184.2M	50x	as long as short
Gate TRUMP_USDT	−0.0094%	4h	2.1430	−0.047%	$7.6M	$53.1M	75x	as long as short
edgeX TRUMPUSDC	−0.0082%	4h	2.1407	−0.152%	$104K	$255K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	−0.0076%	1h	2.1453	+0.061%	$404K	$81K	10x	as long as short
Bybit TRUMPUSDT	−0.0073%	4h	2.1440	0.000%	$30.5M	$52.7M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0050%	4h	2.1430	−0.047%	$5K	$262K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0049%	8h	2.1412	−0.130%	$5K	$175	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1466	+0.120%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1444	+0.021%	$40K	—	150x	as long as short
Aevo TRUMP-PERPshort	+0.0040%	1h	2.1443	+0.015%	$19K	—	3x
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1360	−0.373%	$172K	$455K	50x	as long as short
KuCoin TRUMPUSDTM	+0.0060%	4h	2.1430	−0.047%	$4.1M	$10.9M	50x	as long as short
BloFin TRUMP-USDT	+0.0078%	4h	2.1410	−0.140%	$4.1M	$700K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1442	+0.009%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1433	−0.031%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1432	−0.037%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1420	−0.093%	$398K	$146K	125x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1450	+0.047%	$15.3M	$27.0M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1432	−0.037%	$181K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1440	0.000%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1450	+0.047%	$482K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0098%	1h	2.1441	+0.003%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0276%	1h	2.1448	+0.037%	$383K	$423K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0598%	1h	2.1491	+0.238%	$1.3M	$2.3M	50x	as long as short