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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Hyperliquid against Aevo+0.200%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.200% 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.15350.0080pay 0.0010% / 1h19m 18s$19K3x
ShortHyperliquid TRUMP2.15780.0100get 0.0013% / 1h19m 18s$14.3M$7.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$4.2
Price spread: +0.200% → 0.000%
$19.97
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$0.83
Costs to cover
0.250%
Break-even
8.4 days
Slippage unknown: Aevo: no order-book sample; Hyperliquid: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Hyperliquid live order book, 3 min ago1.62 bp8.8 bp −$9doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRUMP/USDC PERP−0.1690%1h2.1430−0.488%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1541+0.029%$510xas long as short
SoDEX TRUMP-USD−0.0124%1h2.1545+0.046%$95$6K5xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0075%1h2.1547+0.056%$406K$72K10xas long as short
Lighter TRUMP−0.0072%1h2.1546+0.051%$954K$957K10xas long as short
Gate TRUMP_USDT−0.0058%4h2.1540+0.023%$7.6M$51.0M75xas long as short
Binance TRUMPUSDT−0.0009%4h2.1550+0.070%$60.5M$241.6M75xas long as short
Variational Omni TRUMP−0.0009%4h2.1551+0.074%$665K$488Kas long as short
Extended TRUMP-USD−0.0008%1h2.1539+0.020%$75K$716K25xas long as short
dYdX TRUMP-USD−0.0003%1h2.1576+0.190%$27K$5125xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TRUMPUSDC−0.0001%4h2.1570+0.161%$105K$264K20xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1555+0.091%$41K150xas long as short
Paradex TRUMP-USD-PERP+0.0029%8h2.1543+0.036%$5K$1755xas long as short
Orderly PERP_TRUMP_USDC+0.0044%4h2.1540+0.023%$4K$206K10xas long as short
Bybit TRUMPUSDT+0.0078%4h2.1550+0.070%$30.5M$49.6M50xas long as short
Aevo TRUMP-PERPlong+0.0080%1h2.1535long leg$19K3x
Hyperliquid TRUMPshort+0.0100%1h2.1578+0.200%$14.3M$7.4M10x
Aster TRUMPUSDT+0.0100%4h2.1561+0.120%$422K$829K20xas long as short
Pacifica TRUMP+0.0100%1h2.1559+0.113%$185K$53K10xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1540+0.023%$27.2M$173.5M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1550+0.070%$405K$151K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1550+0.070%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1550+0.070%$15.5M$25.6M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1576+0.190%$252K$318K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1580+0.209%$184K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1570+0.163%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1570+0.163%$503K$2.2M50xas long as short
BloFin TRUMP-USDT+0.0170%4h2.1540+0.023%$4.1M$683K75xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1554+0.089%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0220%1h2.1570+0.161%$1.3M$2.2M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1570+0.163%$279K$281K50xas long as short