Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.032%

Price spread now: MEXC against dYdX+0.019%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on MEXC

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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX TRUMP-USD	2.1566	−0.0002	get 0.0000% / 1h	11m 56s	$27K	$512	5x
Short	MEXC TRUMP_USDC	2.1570	0.0100	get 0.0050% / 4h	11m 56s	$405K	$151K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against dYdX. 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 dYdXbpFee MEXCbpOrdersPrice spread, now +0.019%Rate

Funding earned: $21.45
Price spread: +0.019% → 0.000%: $1.9
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $13.35
Costs to cover: 0.100%
Break-even: 2.6 days

Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 37 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 dYdX no order-book sample	—	—	—	—	—
Sell MEXC live order book, 37 min ago	2.34 bp	6.3 bp −$6	29.8 bp −$298	132.4 bp −$13.2K	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1690%	1h	2.1420	−0.677%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1571	+0.025%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0109%	1h	2.1565	−0.004%	$94	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0042%	4h	2.1570	+0.019%	$7.6M	$51.1M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0028%	1h	2.1575	+0.042%	$406K	$72K	10x	as long as short
Variational Omni TRUMP	−0.0026%	4h	2.1531	−0.161%	$665K	$488K	—	as long as short
Lighter TRUMP	−0.0016%	1h	2.1567	+0.005%	$955K	$957K	10x	as long as short
Extended TRUMP-USD	−0.0016%	1h	2.1579	+0.061%	$74K	$721K	25x	as long as short
Binance TRUMPUSDT	−0.0016%	4h	2.1590	+0.112%	$60.7M	$241.8M	75x	as long as short
edgeX TRUMPUSDC	−0.0005%	4h	2.1545	−0.095%	$105K	$265K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USDlong	−0.0002%	1h	2.1566	long leg	$27K	$512	5x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1577	+0.052%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0037%	8h	2.1554	−0.055%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0044%	4h	2.1560	−0.027%	$4K	$202K	10x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1555	−0.050%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1598	+0.149%	$14.5M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1582	+0.073%	$423K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1573	+0.033%	$186K	$53K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1580	+0.065%	$30.6M	$49.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1580	+0.065%	$27.3M	$173.7M	50x	as long as short
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1570	+0.019%	$405K	$151K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1570	+0.019%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1590	+0.112%	$15.6M	$25.5M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1600	+0.158%	$339K	$361K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1529	−0.171%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1570	+0.019%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1590	+0.112%	$504K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1580	+0.065%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1599	+0.155%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0224%	4h	2.1570	+0.019%	$4.2M	$684K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1580	+0.065%	$279K	$276K	50x	as long as short