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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.004%
Price spread now: Paradex against HTX−0.364%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Paradex is 0.364% cheaper against HTX than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TRUMP-USDT2.14500.0100pay 0.0050% / 4h33m 51s$482K$2.4M50x
ShortParadex TRUMP-USD-PERP2.1372−0.0089pay 0.0089% / 8h33m 51s$5K$1755x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against HTX. 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
−$39.69
Price spread: −0.364% → 0.000%
−$36.45
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$92.14
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 5 min ago; Paradex: 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 HTX live order book, 5 min ago6.99 bp14.4 bp −$1493.1 bp −$931doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h2.1310−0.653%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0306%1h2.1417−0.154%$78$6K5xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1421−0.136%$510xas long as short
Lighter TRUMP−0.0208%1h2.1410−0.186%$936K$1.0M10xas long as short
Variational Omni TRUMP−0.0177%4h2.1391−0.276%$660K$423Kas long as short
Binance TRUMPUSDT−0.0171%4h2.1430−0.093%$60.6M$251.0M75xas long as short
OKX TRUMP-USDT-SWAP−0.0169%4h2.1430−0.093%$26.6M$184.3M50xas long as short
Extended TRUMP-USD−0.0168%1h2.1419−0.144%$76K$492K25xas long as short
Bybit TRUMPUSDT−0.0135%4h2.1430−0.093%$30.5M$52.5M50xas long as short
Gate TRUMP_USDT−0.0126%4h2.1430−0.093%$7.6M$53.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRUMP-USD-PERPshort−0.0089%8h2.1372−0.364%$5K$1755x
edgeX TRUMPUSDC−0.0083%4h2.1405−0.208%$104K$253K20xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0076%1h2.1439−0.051%$404K$81K10xas long as short
Orderly PERP_TRUMP_USDC−0.0055%4h2.1430−0.093%$5K$271K10xas long as short
dYdX TRUMP-USD0.0000%1h2.1400−0.233%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1444−0.027%$40K150xas long as short
KuCoin TRUMPUSDTM+0.0022%4h2.1420−0.140%$4.1M$10.9M50xas long as short
Aevo TRUMP-PERP+0.0040%1h2.1408−0.197%$19K3xas long as short
Coinbase International TRUMP-PERP-INTX+0.0056%1h2.1380−0.326%$169K$479K50xas long as short
BloFin TRUMP-USDT+0.0069%4h2.1390−0.280%$4.1M$700K75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1430−0.095%$13.5M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1436−0.064%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1389−0.284%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1440−0.047%$399K$147K125xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1420−0.140%$15.2M$27.2M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1469+0.088%$172K$4.4M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1400−0.233%$2K$1.6M50xas long as short
HTX TRUMP-USDTlong+0.0100%4h2.1450long leg$482K$2.4M50x
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1423−0.127%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0269%1h2.1447−0.014%$382K$418K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0599%1h2.1452+0.008%$1.3M$2.3M50xas long as short