Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against KuCoin+0.019%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$710.707% of the position

Long on KuCoin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 4 days (all we have)+0.380%+$38 · spread now +0.019%, 7d avg +0.006%

Together, before fees+0.523%+ Points / potential airdropPacifica: Active · farm board+$52 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRUMPUSDTM	2.1730	0.0100	pay 0.0050% / 4h	1h 46m	$4.2M	$11.0M	50x
Short	Pacifica TRUMP	2.1734	0.0100	get 0.0013% / 1h	46m 44s	$187K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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 KuCoinbpFee PacificabpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → +0.006%: $1.24
Slippage, 4 orders: −$50.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$69.5
Costs to cover: 0.707%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Pacifica: live order book, 16 min ago.

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 KuCoin live order book, 2 min ago	2.30 bp	18.8 bp −$19	247.4 bp −$2,474	doesn't fit	doesn't fit
Sell Pacifica live order book, 16 min ago	9.35 bp	17.5 bp −$17	doesn't fit	doesn't fit	doesn't fit

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	−0.1659%	1h	2.1620	−0.506%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1716	−0.063%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0098%	4h	2.1730	0.000%	$7.6M	$49.4M	75x	as long as short
Lighter TRUMP	−0.0096%	1h	2.1719	−0.051%	$968K	$792K	10x	as long as short
SoDEX TRUMP-USD	−0.0036%	1h	2.1715	−0.069%	$82	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1727	−0.014%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1731	+0.005%	$409K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1734	+0.020%	$42K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0049%	8h	2.1737	+0.034%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1709	−0.099%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0080%	4h	2.1720	−0.046%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1729	−0.005%	$14.3M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1730	0.000%	$430K	$826K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.1734	+0.019%	$187K	$56K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.1730	0.000%	$63.0M	$235.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1710	−0.092%	$31.1M	$48.1M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1710	−0.092%	$27.8M	$169.0M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1720	−0.046%	$426K	$142K	125x	as long as short
KuCoin TRUMPUSDTMlong	+0.0100%	4h	2.1730	long leg	$4.2M	$11.0M	50x
Bitget TRUMPUSDT	+0.0100%	4h	2.1730	0.000%	$15.6M	$24.9M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1740	+0.046%	$255K	$317K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.464%	$688K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1850	+0.552%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1760	+0.138%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1740	+0.046%	$532K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1725	−0.023%	$115K	$705K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1710	−0.092%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1731	+0.004%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0289%	1h	2.1743	+0.062%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1730	0.000%	—	$655K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1710	−0.092%	$281K	$300K	50x	as long as short