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+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.013%
Price spread now: MEXC against edgeX+0.420%68s7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 3 days (all we have)−0.544%−$54 · spread now +0.420%, 7d avg −0.038%
Together, before fees−0.612%+ Points / potential airdropedgeX: Active · farm board−$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.458% dearer against edgeX than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TRUMPUSDC2.21070.0050pay 0.0025% / 4h3h 22m$120K$249K20x
ShortMEXC TRUMP_USDC2.22000.0100get 0.0050% / 4h3h 22m$481K$133K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. 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
$10.5
Price spread: +0.420% → −0.038%
$45.81
Slippage, 4 orders
−$33.84
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 0 bp × 2 orders
$0
Net
$13.46
Costs to cover
0.428%
Break-even
from the start
Slippage from edgeX: live order book, 50 min ago; MEXC: live order book, 42 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 edgeX live order book, 50 min ago6.87 bp14.3 bp −$1438.6 bp −$386doesn't fitdoesn't fit
Sell MEXC live order book, 42 min ago2.29 bp5.4 bp −$514.6 bp −$146126.9 bp −$12.7Kdoesn'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−0.1608%1h2.1910−0.892%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.2212+0.472%$510xas long as short
dYdX TRUMP-USD0.0000%1h2.2255+0.668%$28K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.2234+0.573%$417K$77K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.2229+0.550%$42K150xas long as short
edgeX TRUMPUSDClong+0.0050%4h2.2107long leg$120K$249K20x
Lighter TRUMP+0.0096%1h2.2244+0.619%$988K$777K10xas long as short
Orderly PERP_TRUMP_USDC+0.0097%4h2.2250+0.646%$3K$249K10xas long as short
Paradex TRUMP-USD-PERP+0.0098%8h2.2223+0.523%$5K$1755xas long as short
Aster TRUMPUSDT+0.0100%4h2.2234+0.575%$463K$836K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica TRUMP+0.0100%1h2.2252+0.655%$192K$53K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.2247+0.630%$63.6M$222.6M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.2250+0.646%$31.2M$44.6M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.2260+0.691%$27.7M$156.2M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.2220+0.510%$7.7M$47.5M75xas long as short
MEXC TRUMP_USDCshort+0.0100%4h2.2200+0.420%$481K$133K125x
KuCoin TRUMPUSDTM+0.0100%4h2.2220+0.510%$4.5M$10.5M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.2220+0.510%$16.3M$22.1M75xas long as short
Variational Omni TRUMP+0.0100%4h2.2101−0.027%$707K$435Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.2167+0.269%$182K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.2250+0.646%$2K$1.5M50xas long as short
SoDEX TRUMP-USD+0.0100%1h2.2235+0.578%$77$6K5xas long as short
HTX TRUMP-USDT+0.0100%4h2.2290+0.827%$563K$1.9M50xas long as short
Extended TRUMP-USD+0.0104%1h2.2210+0.465%$79K$601K25xas long as short
Aevo TRUMP-PERP+0.0104%1h2.2218+0.503%$19K3xas long as short
Hyperliquid TRUMP+0.0162%1h2.2247+0.632%$14.4M$6.5M10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0217% / S −0.0188%1h2.2237+0.587%$10K100xas long as short
BloFin TRUMP-USDT+0.0340%4h2.2240+0.601%$4.2M$643K75xas long as short
Backpack TRUMP_USDC_PERP+0.0476%1h2.2272+0.745%$283K$289K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0624%1h2.2280+0.781%$290K$277K50xas long as short
Kraken Futures PF_TRUMPUSD+0.0774%1h2.2263+0.704%$1.3M$2.5M50xas long as short