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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0690%/8h= +75.6% APRpaid last 24h +0.029%
Price spread now: HTX against SoDEX+0.163%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 4 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 +$21 a day on $10k at the current rate, and HTX is 0.163% dearer against SoDEX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TRUMP-USD2.1445−0.0590get 0.0074% / 1h34m 18s$71$6K5x
ShortHTX TRUMP-USDT2.14800.0100get 0.0050% / 4h3h 34m$499K$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$144.95
Price spread: +0.163% → 0.000%
$16.32
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
$141.27
Costs to cover
0.200%
Break-even
0.2 days
Slippage unknown: SoDEX: no order-book sample; HTX: live order book, 5 min ago. 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 HTX live order book, 5 min ago9.31 bp19.5 bp −$1931.5 bp −$315doesn't fitdoesn't fit
SoDEX: 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−0.1829%1h2.1350−0.443%$12K$157K12xas long as short
SoDEX TRUMP-USDlong−0.0590%1h2.1445long leg$71$6K5x
Bybit TRUMPUSDT−0.0449%4h2.1470+0.117%$30.7M$51.8M50xas long as short
Variational Omni TRUMP−0.0300%4h2.1451+0.030%$662K$415Kas long as short
Gate TRUMP_USDT−0.0282%4h2.1460+0.070%$7.7M$49.7M75xas long as short
Extended TRUMP-USD−0.0256%1h2.1429−0.073%$74K$494K25xas long as short
Binance TRUMPUSDT−0.0252%4h2.1450+0.023%$60.9M$247.5M75xas long as short
OKX TRUMP-USDT-SWAP−0.0247%4h2.1470+0.117%$26.9M$182.5M50xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1429−0.074%$510xas long as short
Lighter TRUMP−0.0224%1h2.1442−0.014%$937K$990K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TRUMP_USDC-PERPETUAL−0.0169%1h2.1482+0.173%$389K$81K10xas long as short
Paradex TRUMP-USD-PERP−0.0161%8h2.1438−0.031%$5K$1755xas long as short
Coinbase International TRUMP-PERP-INTX−0.0136%1h2.1450+0.023%$156K$482K50xas long as short
GRVT TRUMP_USDT_Perp−0.0122%4h2.1439−0.028%$180K$4.3M10xas long as short
edgeX TRUMPUSDC−0.0120%4h2.1432−0.062%$105K$253K20xas long as short
Orderly PERP_TRUMP_USDC−0.0098%4h2.1470+0.117%$5K$296K10xas long as short
KuCoin TRUMPUSDTM−0.0050%4h2.1440−0.023%$4.1M$10.7M50xas long as short
dYdX TRUMP-USD−0.0023%1h2.1466+0.100%$27K$8055xas long as short
BloFin TRUMP-USDT−0.0013%4h2.1460+0.070%$4.2M$686K75xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1475+0.138%$40K150xas long as short
Aevo TRUMP-PERP+0.0016%1h2.1492+0.217%$19K3xas long as short
Bitget TRUMPUSDT+0.0024%4h2.1470+0.117%$15.3M$26.5M75xas long as short
MEXC TRUMP_USDC+0.0096%4h2.1440−0.023%$398K$148K125xas long as short
Hyperliquid TRUMP+0.0100%1h2.1456+0.051%$13.6M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1461+0.074%$408K$719K20xas long as short
Pacifica TRUMP+0.0100%1h2.1462+0.079%$185K$54K10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1480+0.163%$2K$1.5M50xas long as short
HTX TRUMP-USDTshort+0.0100%4h2.1480+0.163%$499K$2.5M50x
Kraken Futures PF_TRUMPUSD+0.0121%1h2.1472+0.127%$1.3M$2.3M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1467+0.101%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0294%1h2.1484+0.182%$383K$422K10xas long as short