Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.001%

Price spread now: Aevo against SunX−0.069%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.069% cheaper against SunX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TRUMP-USDT	2.1670	0.0100	pay 0.0050% / 4h	3h 17m	$2K	$1.6M	50x
Short	Aevo TRUMP-PERP	2.1655	0.0056	get 0.0007% / 1h	17m 31s	$19K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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 SunXbpFee AevobpOrdersPrice spread, now −0.069%Rate

Funding earned: −$9.24
Price spread: −0.069% → 0.000%: −$6.92
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$40.16
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 8 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 8 min ago	32.24 bp	62.4 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1765%	1h	2.1560	−0.508%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0317%	1h	2.1665	−0.023%	$88	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	−0.0276%	8h	2.1702	+0.148%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1646	−0.109%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0150%	4h	2.1710	+0.185%	$7.9M	$52.0M	75x	as long as short
Binance TRUMPUSDT	−0.0115%	4h	2.1692	+0.100%	$61.3M	$245.8M	75x	as long as short
Extended TRUMP-USD	−0.0112%	1h	2.1689	+0.088%	$74K	$714K	25x	as long as short
Bybit TRUMPUSDT	−0.0089%	4h	2.1690	+0.092%	$30.8M	$50.3M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0073%	1h	2.1684	+0.065%	$408K	$72K	10x	as long as short
edgeX TRUMPUSDC	−0.0049%	4h	2.1667	−0.013%	$106K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMP	−0.0023%	4h	2.1681	+0.052%	$670K	$516K	—	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1710	+0.185%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1682	+0.057%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0013%	4h	2.1670	0.000%	$4K	$191K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0022%	4h	2.1660	−0.046%	$177K	$4.6M	10x	as long as short
Lighter TRUMP	+0.0032%	1h	2.1698	+0.129%	$958K	$975K	10x	as long as short
Aevo TRUMP-PERPshort	+0.0056%	1h	2.1655	−0.069%	$19K	—	3x
Hyperliquid TRUMP	+0.0100%	1h	2.1732	+0.286%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1711	+0.191%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1720	+0.233%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1680	+0.046%	$27.7M	$179.2M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1710	+0.185%	$407K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1710	+0.185%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1710	+0.185%	$15.7M	$26.0M	75x	as long as short
SunX TRUMP-USDTlong	+0.0100%	4h	2.1670	long leg	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1660	−0.046%	$494K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0127%	4h	2.1640	−0.138%	$4.2M	$662K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1686	+0.072%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0172%	1h	2.1704	+0.159%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0196%	1h	2.1709	+0.180%	$341K	$378K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1670	0.000%	$280K	$277K	50x	as long as short