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+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.028%
Price spread now: GMX against Extended+0.065%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.065% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRUMP-USD2.14300.0016pay 0.0002% / 1h35m 12s$74K$749K25x
ShortGMX TRUMP/USD [ETH-USDC]2.1444L +0.0216% / S −0.0188%get 0.0023% / 1h35m 12s$10K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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
$36.1
Price spread: +0.065% → 0.000%
$6.5
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$25.6
Costs to cover
0.170%
Break-even
2.0 days
Slippage unknown: Extended: live order book, 23 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 23 min ago7.02 bp10.1 bp −$1033.1 bp −$331doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRUMP/USDC PERP−0.1690%1h2.1350−0.372%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1437+0.032%$510xas long as short
SoDEX TRUMP-USD−0.0215%1h2.1435+0.025%$95$6K5xas long as short
Lighter TRUMP−0.0184%1h2.1431+0.006%$948K$933K10xas long as short
Gate TRUMP_USDT−0.0076%4h2.1430+0.001%$7.6M$50.7M75xas long as short
Variational Omni TRUMP−0.0026%4h2.1381−0.226%$654K$482Kas long as short
dYdX TRUMP-USD−0.0004%1h2.1446+0.077%$27K$5125xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1447+0.081%$404K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1455+0.117%$40K150xas long as short
edgeX TRUMPUSDC+0.0008%4h2.1428−0.010%$105K$264K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRUMPUSDT+0.0013%4h2.1450+0.095%$60.3M$241.2M75xas long as short
Paradex TRUMP-USD-PERP+0.0014%8h2.1431+0.006%$5K$1755xas long as short
Extended TRUMP-USDlong+0.0016%1h2.1430long leg$74K$749K25x
Bybit TRUMPUSDT+0.0028%4h2.1450+0.095%$30.4M$49.4M50xas long as short
Orderly PERP_TRUMP_USDC+0.0047%4h2.1440+0.048%$4K$210K10xas long as short
BloFin TRUMP-USDT+0.0052%4h2.1450+0.095%$4.1M$678K75xas long as short
Aevo TRUMP-PERP+0.0088%1h2.1426−0.020%$19K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1459+0.137%$14.2M$7.4M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1450+0.094%$420K$828K20xas long as short
Pacifica TRUMP+0.0100%1h2.1444+0.065%$184K$53K10xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1440+0.048%$27.1M$172.4M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1430+0.001%$403K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1450+0.095%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1450+0.095%$15.5M$25.6M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1466+0.169%$251K$315K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1419−0.051%$176K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1460+0.141%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1470+0.188%$497K$2.1M50xas long as short
GMX TRUMP/USD [ETH-USDC]shortL +0.0216% / S −0.0188%1h2.1444+0.065%$10K100x
Kraken Futures PF_TRUMPUSD+0.0221%1h2.1468+0.178%$1.3M$2.2M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1430+0.001%$278K$279K50xas long as short