Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0242%/8h= −26.5% APRpaid last 24h −0.070%

Price spread now: Paradex against BloFin+0.024%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.024% dearer against BloFin than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRUMP-USDT	2.1750	0.0340	pay 0.0170% / 4h	3h 45m	$4.2M	$625K	75x
Short	Paradex TRUMP-USD-PERP	2.1755	0.0098	get 0.0098% / 8h	7h 45m	$5K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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 BloFinbpFee ParadexbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$50.75
Price spread: +0.024% → 0.000%: $2.41
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$64.34
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 3 min ago; Paradex: no order-book sample. 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 BloFin live order book, 3 min ago	6.90 bp	13.3 bp −$13	17.3 bp −$173	38.9 bp −$3,894	203.2 bp −$101.6K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.1608%	1h	2.1640	−0.506%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1724	−0.119%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1767	+0.077%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1726	−0.110%	$407K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1726	−0.111%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1758	+0.039%	$118K	$250K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0095%	4h	2.1720	−0.138%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1724	−0.120%	$965K	$756K	10x	as long as short
Paradex TRUMP-USD-PERPshort	+0.0098%	8h	2.1755	+0.024%	$5K	—	5x
Aster TRUMPUSDT	+0.0100%	4h	2.1738	−0.053%	$453K	$836K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.1769	+0.086%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1732	−0.081%	$62.2M	$227.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1730	−0.092%	$30.5M	$44.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1740	−0.046%	$26.9M	$152.5M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1730	−0.092%	$7.4M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1720	−0.138%	$471K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1740	−0.046%	$4.0M	$10.5M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1740	−0.046%	$15.6M	$22.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1742	−0.038%	$699K	$443K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1770	+0.092%	$181K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1750	0.000%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1725	−0.115%	$71	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1750	0.000%	$549K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1731	−0.089%	$75K	$525K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1716	−0.157%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0202%	1h	2.1762	+0.055%	$14.0M	$7.5M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1727	−0.105%	$10K	—	100x	as long as short
BloFin TRUMP-USDTlong	+0.0340%	4h	2.1750	long leg	$4.2M	$625K	75x
Backpack TRUMP_USDC_PERP	+0.0387%	1h	2.1745	−0.023%	$258K	$283K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.1760	+0.046%	$281K	$382K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0792%	1h	2.1753	+0.014%	$1.3M	$2.6M	50x	as long as short