Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Aster+0.136%7-day average +0.080% · you sell dearer than you buy

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

Long on Aster Short on SunX

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)−0.242%−$24 · spread now +0.136%, 7d avg +0.080%

Together, before fees−0.074%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.056% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TRUMPUSDT	2.1750	0.0100	pay 0.0050% / 4h	1h 27m	$430K	$827K	20x
Short	SunX TRUMP-USDT	2.1780	0.0100	get 0.0050% / 4h	1h 27m	$2K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aster. 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 AsterbpFee SunXbpOrdersPrice spread, now +0.136%Rate

Funding earned: $0
Price spread: +0.136% → +0.080%: $5.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$10.4
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 35 min ago; SunX: live order book, 7 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 Aster live order book, 35 min ago	4.55 bp	9.9 bp −$10	19.6 bp −$196	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	503.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.1659%	1h	2.1710	−0.186%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1741	−0.045%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0074%	4h	2.1730	−0.094%	$7.6M	$50.0M	75x	as long as short
Lighter TRUMP	−0.0040%	1h	2.1717	−0.154%	$967K	$795K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1764	+0.063%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1735	−0.071%	$409K	$72K	10x	as long as short
SoDEX TRUMP-USD	+0.0008%	1h	2.1725	−0.117%	$84	$6K	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1754	+0.017%	$42K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0040%	8h	2.1731	−0.091%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1761	+0.047%	$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
Bybit TRUMPUSDT	+0.0053%	4h	2.1710	−0.186%	$31.0M	$48.4M	50x	as long as short
Orderly PERP_TRUMP_USDC	+0.0074%	4h	2.1730	−0.094%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1751	+0.003%	$14.3M	$7.6M	10x	as long as short
Aster TRUMPUSDTlong	+0.0100%	4h	2.1750	long leg	$430K	$827K	20x
Pacifica TRUMP	+0.0100%	1h	2.1755	+0.020%	$187K	$55K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1720	−0.139%	$62.8M	$237.5M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1730	−0.094%	$27.4M	$170.4M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1720	−0.140%	$423K	$144K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1740	−0.048%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1730	−0.094%	$15.5M	$25.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.368%	$685K	$453K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1840	+0.413%	$178K	$4.5M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1780	+0.136%	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1780	+0.136%	$533K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1714	−0.167%	$115K	$706K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1715	−0.163%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0110%	1h	2.1760	+0.044%	$255K	$320K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1757	+0.031%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0288%	1h	2.1759	+0.038%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1760	+0.044%	$4.2M	$657K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1650	−0.462%	$280K	$297K	50x	as long as short