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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.07 per $10,000 · paid last 24h −0.121%
Price spread now: dYdX against Coinbase International+0.094%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.094% dearer against Coinbase International than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TRUMP-PERP-INTX2.13800.0056pay 0.0007% / 1h34m 07s$169K$479K50x
ShortdYdX TRUMP-USD2.14000get 0.0000% / 1h34m 07s$27K$5015x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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
−$11.76
Price spread: +0.094% → 0.000%
$9.35
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$22.41
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago7.01 bp12.0 bp −$1224.4 bp −$244doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.1797%1h2.1310−0.327%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0306%1h2.1417+0.173%$78$6K5xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1421+0.191%$510xas long as short
Lighter TRUMP−0.0208%1h2.1410+0.140%$936K$1.0M10xas long as short
Variational Omni TRUMP−0.0177%4h2.1391+0.051%$660K$423Kas long as short
Binance TRUMPUSDT−0.0171%4h2.1420+0.187%$60.6M$251.0M75xas long as short
OKX TRUMP-USDT-SWAP−0.0169%4h2.1420+0.187%$26.6M$184.2M50xas long as short
Extended TRUMP-USD−0.0168%1h2.1419+0.183%$76K$492K25xas long as short
Bybit TRUMPUSDT−0.0135%4h2.1420+0.187%$30.5M$52.5M50xas long as short
Gate TRUMP_USDT−0.0126%4h2.1410+0.140%$7.6M$53.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRUMP-USD-PERP−0.0089%8h2.1372−0.038%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0083%4h2.1405+0.119%$104K$253K20xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0076%1h2.1439+0.276%$404K$81K10xas long as short
Orderly PERP_TRUMP_USDC−0.0055%4h2.1430+0.234%$5K$271K10xas long as short
dYdX TRUMP-USDshort0.0000%1h2.1400+0.094%$27K$5015x
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1444+0.300%$40K150xas long as short
KuCoin TRUMPUSDTM+0.0022%4h2.1420+0.187%$4.1M$10.9M50xas long as short
Aevo TRUMP-PERP+0.0040%1h2.1408+0.130%$19K3xas long as short
Coinbase International TRUMP-PERP-INTXlong+0.0056%1h2.1380long leg$169K$479K50x
BloFin TRUMP-USDT+0.0069%4h2.1390+0.047%$4.1M$700K75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1430+0.232%$13.5M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1428+0.223%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1389+0.042%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1430+0.234%$398K$147K125xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1420+0.187%$15.2M$27.2M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1469+0.415%$172K$4.4M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1400+0.094%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1450+0.327%$482K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1423+0.200%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0269%1h2.1447+0.313%$382K$418K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0599%1h2.1452+0.336%$1.3M$2.3M50xas long as short