Settings8H · net · $10k
Funding arb · Price arb /

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0251%/8h= +27.5% APRnext payment +$0.31 per $10,000 · paid last 24h +0.075%
Price spread now: gTrade (Gains Network) against Reya+0.082%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and gTrade (Gains Network) is 0.082% dearer against Reya than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TRUMPRUSDPERP2.1576−0.0245get 0.0031% / 1h7m 34s$510x
ShortgTrade (Gains Network) TRUMP/USD2.1594L +0.0008% / S −0.0007%get 0.0001% / 1h7m 34s$41K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Reya. 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
$52.79
Price spread: +0.082% → 0.000%
$8.16
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$44.95
Costs to cover
0.160%
Break-even
1.0 days
Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell gTrade (Gains Network) no order-book sample
Reya and gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h2.1480−0.447%$13K$157K12xas long as short
Lighter TRUMP−0.0368%1h2.1563−0.063%$953K$1.0M10xas long as short
SoDEX TRUMP-USD−0.0309%1h2.1585+0.039%$82$6K5xas long as short
Extended TRUMP-USD−0.0280%1h2.1569−0.035%$74K$739K25xas long as short
Binance TRUMPUSDT−0.0277%4h2.1570−0.030%$60.8M$250.6M75xas long as short
Reya TRUMPRUSDPERPlong−0.0245%1h2.1576long leg$510x
Bybit TRUMPUSDT−0.0226%4h2.1570−0.030%$30.6M$52.1M50xas long as short
Variational Omni TRUMP−0.0193%4h2.1511−0.302%$664K$426Kas long as short
Paradex TRUMP-USD-PERP−0.0175%8h2.1568−0.040%$5K$1755xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0167%1h2.1584+0.035%$406K$72K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TRUMPUSDC−0.0139%4h2.1508−0.319%$105K$264K20xas long as short
Gate TRUMP_USDT−0.0118%4h2.1570−0.030%$7.7M$53.8M75xas long as short
OKX TRUMP-USDT-SWAP−0.0082%4h2.1560−0.076%$26.6M$184.9M50xas long as short
Orderly PERP_TRUMP_USDC−0.0063%4h2.1580+0.016%$5K$233K10xas long as short
BloFin TRUMP-USDT−0.0038%4h2.1540−0.169%$4.1M$690K75xas long as short
dYdX TRUMP-USD−0.0017%1h2.1596+0.091%$27K$5015xas long as short
Aevo TRUMP-PERP+0.0008%1h2.1555−0.100%$19K3xas long as short
gTrade (Gains Network) TRUMP/USDshortL +0.0008% / S −0.0007%1h2.1594+0.082%$41K150x
GRVT TRUMP_USDT_Perp+0.0018%4h2.1520−0.262%$182K$4.7M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1588+0.053%$13.6M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1580+0.016%$406K$774K20xas long as short
Pacifica TRUMP+0.0100%1h2.1574−0.013%$186K$52K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1580+0.016%$402K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1580+0.016%$4.2M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1570−0.030%$15.4M$26.9M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1600+0.109%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1600+0.109%$485K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1589+0.059%$9K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0197%1h2.1614+0.172%$1.3M$2.3M50xas long as short
Backpack TRUMP_USDC_PERP+0.0260%1h2.1612+0.165%$384K$412K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0392%1h2.1580+0.016%$238K$378K50xas long as short