Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.001%

Price spread now: HTX against Aevo+0.196%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on HTX

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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.196% dearer against Aevo than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TRUMP-PERP	2.1787	0.0072	pay 0.0009% / 1h	40m 59s	$19K	—	3x
Short	HTX TRUMP-USDT	2.1830	0.0100	get 0.0050% / 4h	3h 40m	$509K	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Aevo. 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 AevobpFee HTXbpOrdersPrice spread, now +0.196%Rate

Funding earned: $5.88
Price spread: +0.196% → 0.000%: $19.56
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee HTX: 6 bp × 2 orders: −$12
Net: −$2.56
Costs to cover: 0.280%
Break-even: 10.1 days

Slippage unknown: Aevo: no order-book sample; HTX: live order book, 3 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell HTX live order book, 3 min ago	4.57 bp	18.0 bp −$18	44.0 bp −$440	doesn't fit	doesn't fit

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	2.1650	−0.631%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1781	−0.027%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0243%	4h	2.1800	+0.058%	$30.8M	$50.0M	50x	as long as short
SoDEX TRUMP-USD	−0.0180%	1h	2.1815	+0.127%	$95	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0060%	4h	2.1810	+0.104%	$7.8M	$51.2M	75x	as long as short
Binance TRUMPUSDT	−0.0050%	4h	2.1802	+0.069%	$61.7M	$244.6M	75x	as long as short
Extended TRUMP-USD	−0.0048%	1h	2.1799	+0.052%	$75K	$722K	25x	as long as short
Variational Omni TRUMP	−0.0032%	4h	2.1791	+0.017%	$676K	$513K	—	as long as short
edgeX TRUMPUSDC	−0.0022%	4h	2.1861	+0.338%	$107K	$263K	20x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1786	−0.005%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1813	+0.118%	$411K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1810	+0.104%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0033%	4h	2.1790	+0.012%	$4K	$172K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0036%	8h	2.1737	−0.229%	$5K	$175	5x	as long as short
Aevo TRUMP-PERPlong	+0.0072%	1h	2.1787	long leg	$19K	—	3x
Lighter TRUMP	+0.0096%	1h	2.1810	+0.104%	$966K	$968K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1830	+0.196%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1812	+0.114%	$427K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1773	−0.066%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1810	+0.104%	$27.9M	$179.2M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1820	+0.150%	$409K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1820	+0.150%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1820	+0.150%	$15.9M	$25.9M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1840	+0.241%	$179K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1840	+0.241%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDTshort	+0.0100%	4h	2.1830	+0.196%	$509K	$2.3M	50x
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1816	+0.133%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0171%	1h	2.1842	+0.251%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0190%	4h	2.1810	+0.104%	$4.2M	$681K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0366%	1h	2.1841	+0.246%	$344K	$376K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1810	+0.104%	$282K	$279K	50x	as long as short