Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Pacifica against MEXC−0.067%7-day average +0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$450.451% of the position

Long on MEXC Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.277%+$28 on $10k

Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.067%, 7d avg +0.072%

Together, before fees+0.547%+ Points / potential airdropPacifica: Active · farm board+$55 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.138% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.1830	0.0100	pay 0.0050% / 4h	3h 44m	$409K	$149K	125x
Short	Pacifica TRUMP	2.1815	0.0100	get 0.0013% / 1h	44m 15s	$188K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. 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 MEXCbpFee PacificabpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → +0.072%: −$13.81
Slippage, 4 orders: −$37.14
Fee MEXC: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$58.96
Costs to cover: 0.451%
Break-even: never at this rate

Slippage from MEXC: live order book, 65 min ago; Pacifica: live order book, 9 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 MEXC live order book, 65 min ago	2.34 bp	8.7 bp −$9	32.4 bp −$324	133.3 bp −$13.3K	doesn't fit
Sell Pacifica live order book, 9 min ago	5.04 bp	18.7 bp −$19	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	−0.1765%	1h	2.1710	−0.550%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1831	+0.007%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0208%	4h	2.1860	+0.137%	$30.9M	$49.9M	50x	as long as short
Gate TRUMP_USDT	−0.0162%	4h	2.1850	+0.092%	$7.9M	$51.1M	75x	as long as short
SoDEX TRUMP-USD	−0.0107%	1h	2.1845	+0.069%	$95	$6K	5x	as long as short
Binance TRUMPUSDT	−0.0043%	4h	2.1850	+0.092%	$61.7M	$244.2M	75x	as long as short
Extended TRUMP-USD	−0.0040%	1h	2.1839	+0.041%	$75K	$722K	25x	as long as short
Variational Omni TRUMP	−0.0022%	4h	2.1801	−0.132%	$676K	$513K	—	as long as short
edgeX TRUMPUSDC	−0.0016%	4h	2.1821	−0.041%	$106K	$265K	20x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1836	+0.027%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1853	+0.105%	$411K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1854	+0.108%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0036%	4h	2.1840	+0.046%	$4K	$174K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0039%	8h	2.1827	−0.012%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1831	+0.002%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1845	+0.069%	$968K	$967K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1856	+0.119%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1859	+0.133%	$428K	$816K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.1815	−0.067%	$188K	$52K	10x
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1870	+0.183%	$27.9M	$179.1M	50x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.1830	long leg	$409K	$149K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1850	+0.092%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1860	+0.137%	$15.8M	$25.8M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1800	−0.137%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1860	+0.137%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1870	+0.183%	$510K	$2.3M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0171%	1h	2.1873	+0.196%	$1.3M	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1863	+0.150%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0201%	4h	2.1830	0.000%	$4.2M	$685K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1840	+0.046%	$282K	$279K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0409%	1h	2.1875	+0.206%	$343K	$375K	10x	as long as short