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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget+0.093%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.405% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.093%, 7d avg +0.027%
Together, before fees−0.051%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.066% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRUMPUSDT2.14000.0084pay 0.0042% / 4h20m 46s$15.2M$27.1M75x
ShortAster TRUMPUSDT2.14200.0100get 0.0050% / 4h20m 46s$402K$778K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$3.36
Price spread: +0.093% → +0.027%
$6.63
Slippage, 4 orders
−$20.47
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$30.48
Costs to cover
0.405%
Break-even
70.5 days
Slippage from Bitget: live order book, 3 min ago; Aster: live order book, 17 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 Bitget live order book, 3 min ago4.68 bp10.7 bp −$1113.6 bp −$13634.8 bp −$3,480doesn't fit
Sell Aster live order book, 17 min ago4.67 bp8.9 bp −$920.1 bp −$201doesn'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−0.1797%1h2.1280−0.561%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0334%1h2.1385−0.070%$75$6K5xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1362−0.180%$510xas long as short
Lighter TRUMP−0.0216%1h2.1398−0.009%$936K$1.0M10xas long as short
Variational Omni TRUMP−0.0211%4h2.1371−0.134%$660K$423Kas long as short
OKX TRUMP-USDT-SWAP−0.0199%4h2.1410+0.047%$26.6M$183.7M50xas long as short
Extended TRUMP-USD−0.0184%1h2.1389−0.050%$76K$492K25xas long as short
Binance TRUMPUSDT−0.0183%4h2.14000.000%$60.5M$250.9M75xas long as short
Bybit TRUMPUSDT−0.0146%4h2.1410+0.047%$30.5M$52.6M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0124%1h2.1387−0.061%$403K$81K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0108%4h2.14000.000%$7.6M$53.3M75xas long as short
Paradex TRUMP-USD-PERP−0.0105%8h2.1409+0.044%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0091%4h2.1352−0.225%$104K$253K20xas long as short
Orderly PERP_TRUMP_USDC−0.0065%4h2.1380−0.093%$5K$276K10xas long as short
dYdX TRUMP-USD−0.0005%1h2.1416+0.073%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1395−0.025%$40K150xas long as short
KuCoin TRUMPUSDTM+0.0026%4h2.14000.000%$4.1M$10.9M50xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1360−0.187%$19K3xas long as short
Coinbase International TRUMP-PERP-INTX+0.0056%1h2.1330−0.327%$167K$479K50xas long as short
BloFin TRUMP-USDT+0.0059%4h2.1390−0.047%$4.1M$685K75xas long as short
Bitget TRUMPUSDTlong+0.0084%4h2.1400long leg$15.2M$27.1M75x
Hyperliquid TRUMP+0.0100%1h2.1413+0.061%$13.5M$8.1M10xas long as short
Aster TRUMPUSDTshort+0.0100%4h2.1420+0.093%$402K$778K20x
Pacifica TRUMP+0.0100%1h2.1417+0.079%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.14000.000%$398K$148K125xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1350−0.235%$173K$4.4M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.14000.000%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.14000.000%$481K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1391−0.044%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0262%1h2.1426+0.121%$381K$419K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0600%1h2.1409+0.042%$1.3M$2.3M50xas long as short