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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0215%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h −0.025%
Price spread now: dYdX against SoDEX+0.280%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and dYdX is 0.280% dearer against SoDEX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TRUMP-USD2.1785−0.0215get 0.0027% / 1h38m 38s$93$6K5x
ShortdYdX TRUMP-USD2.18460get 0.0000% / 1h38m 38s$27K$5125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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
$45.05
Price spread: +0.280% → 0.000%
$28.03
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
$55.08
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; dYdX: 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 SoDEX no order-book sample
Sell dYdX no order-book sample
SoDEX and dYdX: 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−0.1765%1h2.1690−0.436%$13K$157K12xas long as short
Bybit TRUMPUSDT−0.0324%4h2.1850+0.298%$30.9M$50.0M50xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1791+0.030%$510xas long as short
SoDEX TRUMP-USDlong−0.0215%1h2.1785long leg$93$6K5x
Deribit TRUMP_USDC-PERPETUAL−0.0163%1h2.1790+0.023%$410K$72K10xas long as short
Binance TRUMPUSDT−0.0059%4h2.1844+0.269%$61.8M$244.6M75xas long as short
Extended TRUMP-USD−0.0056%1h2.1851+0.305%$75K$721K25xas long as short
Variational Omni TRUMP−0.0032%4h2.1791+0.028%$676K$513Kas long as short
edgeX TRUMPUSDC−0.0023%4h2.1771−0.065%$106K$263K20xas long as short
dYdX TRUMP-USDshort0.0000%1h2.1846+0.280%$27K$5125x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1794+0.041%$41K150xas long as short
Gate TRUMP_USDT+0.0016%4h2.1860+0.344%$7.9M$51.3M75xas long as short
Orderly PERP_TRUMP_USDC+0.0032%4h2.1800+0.069%$4K$172K10xas long as short
Paradex TRUMP-USD-PERP+0.0035%8h2.1842+0.262%$5K$1755xas long as short
Aevo TRUMP-PERP+0.0072%1h2.1770−0.069%$19K3xas long as short
Lighter TRUMP+0.0096%1h2.1832+0.216%$967K$968K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1845+0.275%$13.8M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1804+0.088%$427K$834K20xas long as short
Pacifica TRUMP+0.0100%1h2.1841+0.257%$188K$52K10xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1850+0.298%$27.9M$179.6M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1830+0.207%$409K$149K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1840+0.252%$4.2M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1860+0.344%$15.9M$25.8M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1811+0.118%$179K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1810+0.115%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1810+0.115%$496K$2.3M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1796+0.049%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0172%1h2.1814+0.135%$1.3M$2.2M50xas long as short
BloFin TRUMP-USDT+0.0181%4h2.1800+0.069%$4.2M$681K75xas long as short
Backpack TRUMP_USDC_PERP+0.0360%1h2.1815+0.138%$343K$376K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0400%1h2.1840+0.252%$282K$279K50xas long as short