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+0.0174%/8h= +19.1% APRnext payment +$0.87 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against OKX+0.100%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.100%, 7d avg +0.044%
Together, before fees−0.105%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.056% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRUMP-USDT-SWAP2.1200−0.0074get 0.0037% / 4h2h 26m$26.5M$179.7M50x
ShortAster TRUMPUSDT2.12210.0100get 0.0050% / 4h2h 26m$399K$801K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
$36.59
Price spread: +0.100% → +0.044%
$5.62
Slippage, 4 orders
−$19.56
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$4.64
Costs to cover
0.376%
Break-even
6.1 days
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago2.36 bp7.4 bp −$79.9 bp −$9941.2 bp −$4,123doesn't fit
Sell Aster live order book, 21 min ago4.66 bp14.2 bp −$1426.1 bp −$261doesn't fitdoesn't fit

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−0.1827%1h2.1080−0.566%$12K$157K12xas long as short
Lighter TRUMP−0.0488%1h2.1198−0.009%$937K$999K10xas long as short
SoDEX TRUMP-USD−0.0434%1h2.1205+0.024%$83$6K5xas long as short
Bybit TRUMPUSDT−0.0371%4h2.12000.000%$29.9M$51.7M50xas long as short
Binance TRUMPUSDT−0.0272%4h2.12000.000%$59.7M$250.3M75xas long as short
Extended TRUMP-USD−0.0272%1h2.1199−0.004%$76K$746K25xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1202+0.008%$510xas long as short
Paradex TRUMP-USD-PERP−0.0228%8h2.1195−0.022%$5K$1755xas long as short
Gate TRUMP_USDT−0.0188%4h2.1210+0.047%$7.6M$53.3M75xas long as short
Variational Omni TRUMP−0.0182%4h2.1212+0.055%$655K$426Kas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TRUMPUSDC−0.0132%4h2.1264+0.302%$104K$263K20xas long as short
OKX TRUMP-USDT-SWAPlong−0.0074%4h2.1200long leg$26.5M$179.7M50x
Orderly PERP_TRUMP_USDC−0.0045%4h2.1180−0.094%$5K$223K10xas long as short
GRVT TRUMP_USDT_Perp−0.0040%4h2.1215+0.072%$175K$4.7M10xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0033%1h2.1221+0.099%$400K$72K10xas long as short
BloFin TRUMP-USDT−0.0030%4h2.1160−0.189%$4.1M$682K75xas long as short
dYdX TRUMP-USD−0.0021%1h2.1202+0.009%$26K$5065xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1214+0.067%$40K150xas long as short
Aevo TRUMP-PERP+0.0016%1h2.1190−0.047%$18K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1208+0.038%$13.3M$8.1M10xas long as short
Aster TRUMPUSDTshort+0.0100%4h2.1221+0.100%$399K$801K20x
Pacifica TRUMP+0.0100%1h2.1197−0.012%$182K$52K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.12000.000%$395K$149K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.12000.000%$4.1M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1210+0.047%$15.2M$26.7M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1240+0.189%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1240+0.189%$476K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1219+0.089%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0163%1h2.1215+0.071%$380K$409K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0200%1h2.1226+0.124%$1.3M$2.3M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0392%1h2.1210+0.047%$241K$341K50xas long as short