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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: Extended against Binance−0.039%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.344% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.039%, 7d avg −0.044%
Together, before fees−0.049%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TRUMPUSDT2.20000.0100pay 0.0050% / 4h39m 44s$63.5M$224.1M75x
ShortExtended TRUMP-USD2.19910.0104get 0.0013% / 1h39m 44s$76K$471K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$0.84
Price spread: −0.039% → −0.044%
$0.43
Slippage, 4 orders
−$19.38
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$33.11
Costs to cover
0.344%
Break-even
282.9 days
Slippage from Binance: live order book, 4 min ago; Extended: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago2.27 bp7.3 bp −$711.3 bp −$11337.6 bp −$3,763220.4 bp −$110.2K
Sell Extended live order book, 38 min ago6.87 bp9.8 bp −$1029.9 bp −$299doesn't fitdoesn't fit

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−0.1537%1h2.1970−0.136%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1992−0.034%$510xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0023%1h2.1986−0.063%$412K$76K10xas long as short
dYdX TRUMP-USD0.0000%1h2.1997−0.012%$27K$4855xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1996−0.016%$41K150xas long as short
edgeX TRUMPUSDC+0.0050%4h2.2145+0.658%$121K$250K20xas long as short
Orderly PERP_TRUMP_USDC+0.0089%4h2.1990−0.045%$3K$249K10xas long as short
Lighter TRUMP+0.0096%1h2.1991−0.040%$986K$738K10xas long as short
Paradex TRUMP-USD-PERP+0.0096%8h2.2054+0.245%$5K5xas long as short
Aster TRUMPUSDT+0.0100%4h2.2003+0.015%$458K$832K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica TRUMP+0.0100%1h2.2068+0.312%$190K$59K10xas long as short
Binance TRUMPUSDTlong+0.0100%4h2.2000long leg$63.5M$224.1M75x
Bybit TRUMPUSDT+0.0100%4h2.1990−0.045%$31.0M$44.3M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1990−0.045%$27.1M$152.4M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1990−0.045%$7.4M$48.1M75xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1980−0.090%$481K$132K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.2000+0.001%$4.7M$10.3M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.2000+0.001%$15.8M$21.5M75xas long as short
Variational Omni TRUMP+0.0100%4h2.2082+0.375%$648K$373Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.2085+0.388%$193K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.2080+0.364%$2K$1.6M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.1985−0.067%$74$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.2040+0.183%$563K$1.9M50xas long as short
Extended TRUMP-USDshort+0.0104%1h2.1991−0.039%$76K$471K25x
Aevo TRUMP-PERP+0.0104%1h2.1985−0.067%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1992−0.034%$10K100xas long as short
Hyperliquid TRUMP+0.0332%1h2.2019+0.087%$14.2M$7.5M10xas long as short
BloFin TRUMP-USDT+0.0340%4h2.2060+0.274%$4.2M$637K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0424%1h2.2240+1.092%$287K$395K50xas long as short
Backpack TRUMP_USDC_PERP+0.0513%1h2.2005+0.024%$259K$278K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0868%1h2.2006+0.027%$1.3M$2.5M50xas long as short