Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.087%

Price spread now: BloFin against gTrade (Gains Network)+0.067%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.067% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRUMP/USD	2.1466	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	3m 17s	$40K	—	150x
Short	BloFin TRUMP-USDT	2.1480	0.0040	get 0.0020% / 4h	3m 17s	$4.1M	$688K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BloFinbpOrdersPrice spread, now +0.067%Rate

Funding earned: $6.57
Price spread: +0.067% → 0.000%: $6.66
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$8.77
Costs to cover: 0.220%
Break-even: 16.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 5 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BloFin live order book, 5 min ago	4.65 bp	10.6 bp −$11	18.0 bp −$180	39.2 bp −$3,921	106.5 bp −$53.2K

gTrade (Gains Network): 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	2.1350	−0.539%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0403%	1h	2.1455	−0.050%	$74	$6K	5x	as long as short
Variational Omni TRUMP	−0.0258%	4h	2.1482	+0.076%	$663K	$421K	—	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1432	−0.156%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0225%	4h	2.1440	−0.120%	$30.4M	$52.2M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0216%	1h	2.1466	+0.001%	$404K	$65K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0206%	4h	2.1440	−0.120%	$26.8M	$183.4M	50x	as long as short
Binance TRUMPUSDT	−0.0200%	4h	2.1440	−0.120%	$60.6M	$249.5M	75x	as long as short
Extended TRUMP-USD	−0.0200%	1h	2.1450	−0.074%	$74K	$492K	25x	as long as short
Lighter TRUMP	−0.0192%	1h	2.1447	−0.087%	$937K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0127%	8h	2.1450	−0.074%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0106%	4h	2.1460	−0.027%	$7.7M	$53.4M	75x	as long as short
edgeX TRUMPUSDC	−0.0094%	4h	2.1498	+0.151%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0078%	4h	2.1450	−0.073%	$5K	$284K	10x	as long as short
dYdX TRUMP-USD	−0.0014%	1h	2.1487	+0.099%	$27K	$501	5x	as long as short
KuCoin TRUMPUSDTM	−0.0002%	4h	2.1450	−0.073%	$4.1M	$10.8M	50x	as long as short
gTrade (Gains Network) TRUMP/USDlong	L +0.0008% / S −0.0007%	1h	2.1466	long leg	$40K	—	150x
Aevo TRUMP-PERP	+0.0032%	1h	2.1440	−0.121%	$19K	—	3x	as long as short
BloFin TRUMP-USDTshort	+0.0040%	4h	2.1480	+0.067%	$4.1M	$688K	75x
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1420	−0.213%	$167K	$480K	50x	as long as short
Bitget TRUMPUSDT	+0.0064%	4h	2.1450	−0.073%	$15.3M	$27.0M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1466	+0.001%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1471	+0.023%	$403K	$776K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1470	+0.020%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1440	−0.120%	$399K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1502	+0.168%	$175K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1470	+0.020%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1460	−0.027%	$493K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1470	+0.021%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0295%	1h	2.1491	+0.118%	$382K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0598%	1h	2.1486	+0.093%	$1.3M	$2.3M	50x	as long as short