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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against Bitget0.000%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$460.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.301%+$30 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.002%
Together, before fees+0.301%+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRUMPUSDT2.15700.0100pay 0.0050% / 4h12m 42s$15.6M$25.5M75x
ShortBloFin TRUMP-USDT2.15700.0224get 0.0112% / 4h12m 42s$4.2M$684K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$26.09
Price spread: 0.000% → −0.002%
$0.2
Slippage, 4 orders
−$21.74
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$19.44
Costs to cover
0.457%
Break-even
12.2 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago2.32 bp11.5 bp −$1215.7 bp −$15745.8 bp −$4,576doesn't fit
Sell BloFin live order book, 6 min ago6.96 bp13.0 bp −$1322.5 bp −$22546.4 bp −$4,639118.1 bp −$59.1K

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−0.1690%1h2.1420−0.695%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1567−0.016%$510xas long as short
SoDEX TRUMP-USD−0.0102%1h2.1575+0.023%$94$6K5xas long as short
Gate TRUMP_USDT−0.0044%4h2.1560−0.046%$7.6M$51.1M75xas long as short
Variational Omni TRUMP−0.0026%4h2.1531−0.180%$665K$488Kas long as short
Lighter TRUMP−0.0024%1h2.1552−0.083%$954K$957K10xas long as short
Extended TRUMP-USD−0.0016%1h2.1549−0.097%$74K$721K25xas long as short
Binance TRUMPUSDT−0.0016%4h2.1552−0.085%$60.5M$241.8M75xas long as short
edgeX TRUMPUSDC−0.0005%4h2.1545−0.114%$105K$265K20xas long as short
dYdX TRUMP-USD−0.0002%1h2.1566−0.019%$27K$5125xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1584+0.065%$406K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1574+0.019%$41K150xas long as short
Paradex TRUMP-USD-PERP+0.0037%8h2.1554−0.074%$5K$1755xas long as short
Orderly PERP_TRUMP_USDC+0.0044%4h2.15700.000%$4K$202K10xas long as short
Aevo TRUMP-PERP+0.0080%1h2.1566−0.019%$19K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1584+0.064%$14.5M$7.5M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1579+0.041%$423K$829K20xas long as short
Pacifica TRUMP+0.0100%1h2.1573+0.014%$186K$53K10xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1560−0.046%$30.6M$49.6M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1550−0.093%$27.3M$173.5M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1560−0.046%$405K$151K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.15700.000%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDTlong+0.0100%4h2.1570long leg$15.6M$25.5M75x
Backpack TRUMP_USDC_PERP+0.0100%1h2.1598+0.130%$339K$361K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1529−0.190%$184K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1600+0.139%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1590+0.093%$504K$2.2M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1579+0.043%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0220%1h2.1603+0.155%$1.3M$2.2M50xas long as short
BloFin TRUMP-USDTshort+0.0224%4h2.15700.000%$4.2M$684K75x
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1580+0.046%$279K$276K50xas long as short