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−0.0113%/8h= −12.3% APRnext payment $0.14 per $10,000 · paid last 24h −0.029%
Price spread now: Aevo against GMX−0.115%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.115% cheaper against GMX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TRUMP/USD [ETH-USDC]2.1390L +0.0137% / S −0.0099%pay 0.0017% / 1h39m 36s$9K100x
ShortAevo TRUMP-PERP2.13650.0024get 0.0003% / 1h39m 36s$19K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
−$23.68
Price spread: −0.115% → 0.000%
−$11.53
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$63.21
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Aevo no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRUMP/USDC PERP−0.1927%1h2.1280−0.513%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1372−0.084%$510xas long as short
Extended TRUMP-USD−0.0224%1h2.1370−0.093%$74K$737K25xas long as short
Binance TRUMPUSDT−0.0221%4h2.1370−0.092%$60.3M$251.5M75xas long as short
Variational Omni TRUMP−0.0152%4h2.1401+0.054%$661K$424Kas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0124%1h2.1377−0.059%$403K$81K10xas long as short
edgeX TRUMPUSDC−0.0114%4h2.1397+0.033%$104K$265K20xas long as short
Kraken Futures PF_TRUMPUSD−0.0099%1h2.1401+0.054%$1.3M$2.3M50xas long as short
Gate TRUMP_USDT−0.0098%4h2.1360−0.139%$7.7M$53.6M75xas long as short
OKX TRUMP-USDT-SWAP−0.0095%4h2.1360−0.139%$26.4M$184.3M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRUMP-USD-PERP−0.0076%8h2.1366−0.110%$5K$1755xas long as short
Bybit TRUMPUSDT−0.0064%4h2.1360−0.139%$30.3M$52.5M50xas long as short
Orderly PERP_TRUMP_USDC−0.0060%4h2.1370−0.092%$5K$239K10xas long as short
SoDEX TRUMP-USD−0.0060%1h2.1365−0.115%$80$6K5xas long as short
dYdX TRUMP-USD0.0000%1h2.1415+0.118%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1396+0.028%$40K150xas long as short
BloFin TRUMP-USDT+0.0018%4h2.1420+0.142%$4.1M$686K75xas long as short
Aevo TRUMP-PERPshort+0.0024%1h2.1365−0.115%$19K3x
Lighter TRUMP+0.0072%1h2.1359−0.143%$943K$1.0M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1372−0.083%$13.4M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1379−0.051%$401K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1379−0.048%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1360−0.139%$397K$149K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1380−0.045%$4.1M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1380−0.045%$15.2M$27.2M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1396+0.030%$177K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1410+0.095%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1410+0.095%$482K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]longL +0.0137% / S −0.0099%1h2.1390long leg$9K100x
Coinbase International TRUMP-PERP-INTX+0.0192%1h2.1440+0.235%$205K$421K50xas long as short
Backpack TRUMP_USDC_PERP+0.0331%1h2.1403+0.062%$379K$414K10xas long as short