Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: MEXC against Pacifica0.000%7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on Pacifica Short on MEXC

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)−0.182%−$18 · spread now 0.000%, 7d avg −0.071%

Together, before fees−0.459%+ Points / potential airdropPacifica: Active · farm board−$46 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: MEXC is 0.071% dearer against Pacifica than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TRUMP	2.1270	0.0100	pay 0.0013% / 1h	24m 34s	$183K	$52K	10x
Short	MEXC TRUMP_USDC	2.1270	0.0100	get 0.0050% / 4h	2h 24m	$396K	$149K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Pacifica. 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 PacificabpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.071%: $7.14
Slippage, 4 orders: −$37.39
Fee Pacifica: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$38.25
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from Pacifica: live order book, 23 min ago; MEXC: live order book, 15 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 Pacifica live order book, 23 min ago	9.08 bp	19.5 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 15 min ago	2.36 bp	2.4 bp −$2	14.9 bp −$149	132.3 bp −$13.2K	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	−0.1827%	1h	2.1090	−0.846%	$12K	$157K	12x	as long as short
Lighter TRUMP	−0.0488%	1h	2.1267	−0.014%	$940K	$999K	10x	as long as short
SoDEX TRUMP-USD	−0.0419%	1h	2.1277	+0.033%	$84	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0335%	4h	2.1280	+0.047%	$30.0M	$51.6M	50x	as long as short
Binance TRUMPUSDT	−0.0274%	4h	2.1286	+0.077%	$60.0M	$249.7M	75x	as long as short
Extended TRUMP-USD	−0.0272%	1h	2.1269	−0.004%	$77K	$745K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1282	+0.054%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0224%	8h	2.1278	+0.039%	$5K	$175	5x	as long as short
Variational Omni TRUMP	−0.0202%	4h	2.1212	−0.275%	$654K	$426K	—	as long as short
Gate TRUMP_USDT	−0.0158%	4h	2.1270	0.000%	$7.6M	$53.4M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	−0.0135%	4h	2.1178	−0.431%	$103K	$263K	20x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0079%	1h	2.1293	+0.108%	$401K	$72K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0070%	4h	2.1280	+0.047%	$26.6M	$180.1M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0047%	4h	2.1270	0.000%	$5K	$223K	10x	as long as short
GRVT TRUMP_USDT_Perp	−0.0040%	4h	2.1215	−0.258%	$175K	$4.7M	10x	as long as short
BloFin TRUMP-USDT	−0.0034%	4h	2.1280	+0.047%	$4.1M	$686K	75x	as long as short
dYdX TRUMP-USD	−0.0019%	1h	2.1286	+0.076%	$27K	$506	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1298	+0.132%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1280	+0.047%	$18K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1280	+0.047%	$13.4M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1285	+0.073%	$400K	$801K	20x	as long as short
Pacifica TRUMPlong	+0.0100%	1h	2.1270	long leg	$183K	$52K	10x
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1270	0.000%	$396K	$149K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1270	0.000%	$4.1M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1290	+0.094%	$15.2M	$26.7M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1310	+0.188%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1320	+0.235%	$478K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1306	+0.168%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0167%	1h	2.1284	+0.066%	$378K	$411K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0200%	1h	2.1302	+0.149%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1210	−0.282%	$241K	$341K	50x	as long as short