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+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h −0.019%
Price spread now: edgeX against OKX−0.021%91s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 4 days (all we have)+0.518%+$52 · spread now −0.021%, 7d avg +0.017%
Together, before fees+0.409%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.038% cheaper against OKX than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.017%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRUMP-USDT-SWAP2.1410−0.0167get 0.0083% / 4h32m 07s$26.6M$184.1M50x
ShortedgeX TRUMPUSDC2.1405−0.0083pay 0.0041% / 4h32m 07s$104K$253K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$17.58
Price spread: −0.021% → +0.017%
−$3.8
Slippage, 4 orders
−$29.87
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$35.09
Costs to cover
0.489%
Break-even
21.0 days
Slippage from OKX: live order book, 2 min ago; edgeX: live order book, 5 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, 2 min ago2.33 bp7.3 bp −$712.5 bp −$12540.5 bp −$4,054doesn't fit
Sell edgeX live order book, 5 min ago9.34 bp16.3 bp −$1683.1 bp −$831doesn'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−0.1797%1h2.1300−0.514%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0340%1h2.1379−0.145%$78$6K5xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0264%1h2.1388−0.103%$403K$81K10xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1371−0.182%$510xas long as short
Lighter TRUMP−0.0232%1h2.1376−0.159%$935K$1.0M10xas long as short
Variational Omni TRUMP−0.0177%4h2.1391−0.090%$660K$423Kas long as short
Extended TRUMP-USD−0.0176%1h2.1369−0.190%$76K$492K25xas long as short
Binance TRUMPUSDT−0.0174%4h2.1420+0.047%$60.6M$251.5M75xas long as short
OKX TRUMP-USDT-SWAPlong−0.0167%4h2.1410long leg$26.6M$184.1M50x
Bybit TRUMPUSDT−0.0139%4h2.14100.000%$30.4M$52.6M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0118%4h2.1390−0.093%$7.6M$53.3M75xas long as short
Paradex TRUMP-USD-PERP−0.0088%8h2.1379−0.146%$5K$1755xas long as short
edgeX TRUMPUSDCshort−0.0083%4h2.1405−0.021%$104K$253K20x
Orderly PERP_TRUMP_USDC−0.0057%4h2.1370−0.187%$5K$272K10xas long as short
dYdX TRUMP-USD0.0000%1h2.1426+0.073%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1442+0.151%$40K150xas long as short
KuCoin TRUMPUSDTM+0.0022%4h2.1390−0.093%$4.1M$10.9M50xas long as short
Aevo TRUMP-PERP+0.0040%1h2.1315−0.444%$18K3xas long as short
Coinbase International TRUMP-PERP-INTX+0.0056%1h2.1380−0.140%$169K$479K50xas long as short
BloFin TRUMP-USDT+0.0068%4h2.1430+0.093%$4.2M$702K75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1413+0.014%$13.5M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1420+0.047%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1402−0.037%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1380−0.140%$397K$147K125xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1400−0.047%$15.2M$27.1M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1419+0.040%$172K$4.4M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1400−0.047%$1K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1400−0.047%$481K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1402−0.038%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0274%1h2.1435+0.117%$381K$418K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0600%1h2.1410+0.002%$1.3M$2.3M50xas long as short