Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against SunX−0.077%46s7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1771.770% of the position

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.168%−$17 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.077%, 7d avg −0.068%

Together, before fees−0.134%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TRUMP-USDT	2.1490	0.0100	pay 0.0050% / 4h	1h 47m	$2K	$1.4M	50x
Short	Aster TRUMPUSDT	2.1473	0.0100	get 0.0050% / 4h	1h 47m	$405K	$644K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.077%Rate

Funding earned: $0
Price spread: −0.077% → −0.068%: −$0.9
Slippage, 4 orders: −$160.95
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$177.85
Costs to cover: 1.770%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; Aster: live order book, 63 min ago.

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, 11 min ago	32.38 bp	62.6 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 63 min ago	4.66 bp	10.2 bp −$10	28.4 bp −$284	doesn't fit	doesn't fit

TRUMP on 32 exchanges

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
Variational Omni TRUMP	−0.0404%	4h	2.1470	−0.095%	$667K	$399K	—	as long as short
Bybit TRUMPUSDT	−0.0388%	4h	2.1460	−0.140%	$31.3M	$48.5M	50x	as long as short
SoDEX TRUMP-USD	−0.0352%	1h	2.1467	−0.107%	$73	$6K	5x	as long as short
OKX TRUMP-USDT-SWAP	−0.0341%	4h	2.1480	−0.047%	$27.3M	$172.7M	50x	as long as short
Binance TRUMPUSDT	−0.0321%	4h	2.1473	−0.081%	$63.0M	$237.7M	75x	as long as short
Extended TRUMP-USD	−0.0320%	1h	2.1468	−0.103%	$74K	$491K	25x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0296%	1h	2.1460	−0.140%	$131K	$515K	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1470	−0.094%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0242%	4h	2.1480	−0.047%	$7.8M	$47.2M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0177%	8h	2.1474	−0.077%	$5K	$175	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	−0.0169%	1h	2.1475	−0.070%	$386K	$78K	10x	as long as short
edgeX TRUMPUSDC	−0.0158%	4h	2.1471	−0.086%	$105K	$254K	20x	as long as short
MEXC TRUMP_USDC	−0.0158%	4h	2.1470	−0.093%	$388K	$142K	125x	as long as short
Lighter TRUMP	−0.0152%	1h	2.1478	−0.056%	$923K	$953K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0128%	4h	2.1480	−0.047%	$4.2M	$10.1M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0083%	4h	2.1450	−0.186%	$5K	$303K	10x	as long as short
BloFin TRUMP-USDT	−0.0080%	4h	2.1480	−0.047%	$4.4M	$675K	75x	as long as short
Bitget TRUMPUSDT	−0.0026%	4h	2.1480	−0.047%	$15.4M	$25.1M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1495	+0.024%	$25K	$3K	5x	as long as short
Aevo TRUMP-PERP	0.0000%	1h	2.1451	−0.183%	$19K	—	3x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1476	−0.065%	$40K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0023%	1h	2.1503	+0.062%	$1.3M	$1.9M	50x	as long as short
Injective TRUMP/USDC PERP	+0.0033%	1h	2.1600	+0.512%	$13K	$157K	12x	as long as short
GRVT TRUMP_USDT_Perp	+0.0036%	4h	2.1520	+0.140%	$177K	$4.1M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1492	+0.009%	$13.6M	$7.6M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1473	−0.077%	$405K	$644K	20x
Pacifica TRUMP	+0.0100%	1h	2.1495	+0.023%	$185K	$54K	10x	as long as short
SunX TRUMP-USDTlong	+0.0100%	4h	2.1490	long leg	$2K	$1.4M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1500	+0.047%	$498K	$2.4M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1490	0.000%	$149K	$358K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0177%	1h	2.1508	+0.084%	$381K	$395K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0196% / S −0.0193%	1h	2.1487	−0.012%	$11K	—	100x	as long as short