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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.032%
Price spread now: GMX against SoDEX+0.048%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 GMX is 0.048% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TRUMP-USD2.17590.0003pay 0.0000% / 1h25m 05s$84$6K5x
ShortGMX TRUMP/USD [ETH-USDC]2.1769L +0.0216% / S −0.0188%get 0.0023% / 1h25m 05s$10K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$38.74
Price spread: +0.048% → 0.000%
$4.81
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$23.55
Costs to cover
0.200%
Break-even
2.7 days
Slippage unknown: SoDEX: no order-book sample; GMX: 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 GMX no order-book sample
SoDEX and GMX: 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−0.1659%1h2.1580−0.823%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1751−0.037%$510xas long as short
Gate TRUMP_USDT−0.0056%4h2.1750−0.041%$7.6M$50.0M75xas long as short
Lighter TRUMP−0.0032%1h2.1747−0.055%$968K$795K10xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0026%1h2.1770+0.051%$410K$72K10xas long as short
dYdX TRUMP-USD0.0000%1h2.1755−0.016%$27K$5125xas long as short
SoDEX TRUMP-USDlong+0.0003%1h2.1759long leg$84$6K5x
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1774+0.071%$42K150xas long as short
Paradex TRUMP-USD-PERP+0.0041%8h2.1783+0.110%$5K$1755xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1701−0.265%$105K$263K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TRUMPUSDT+0.0050%4h2.1750−0.041%$31.0M$48.3M50xas long as short
Orderly PERP_TRUMP_USDC+0.0073%4h2.1760+0.005%$4K$239K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1776+0.078%$14.4M$7.6M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1783+0.109%$431K$827K20xas long as short
Pacifica TRUMP+0.0100%1h2.1769+0.046%$187K$55K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1750−0.041%$62.9M$237.2M75xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1760+0.005%$27.4M$170.4M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1750−0.041%$417K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1770+0.051%$4.2M$11.0M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1770+0.051%$15.5M$25.1M75xas long as short
Variational Omni TRUMP+0.0100%4h2.1721−0.177%$682K$453Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1728−0.143%$180K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1790+0.142%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1800+0.188%$533K$1.9M50xas long as short
Extended TRUMP-USD+0.0104%1h2.1749−0.045%$115K$706K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.1760+0.005%$19K3xas long as short
Backpack TRUMP_USDC_PERP+0.0108%1h2.1777+0.083%$255K$319K10xas long as short
GMX TRUMP/USD [ETH-USDC]shortL +0.0216% / S −0.0188%1h2.1769+0.048%$10K100x
Kraken Futures PF_TRUMPUSD+0.0288%1h2.1785+0.122%$1.3M$2.2M50xas long as short
BloFin TRUMP-USDT+0.0340%4h2.1750−0.041%$4.3M$657K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0504%1h2.1650−0.501%$280K$297K50xas long as short