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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.083%
Price spread now: Reya against Extended+0.033%48s7-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 4 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 · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.033% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRUMP-USD2.1541−0.0304get 0.0038% / 1h10m 38s$74K$496K25x
ShortReya TRUMPRUSDPERP2.1548−0.0245pay 0.0031% / 1h10m 38s$510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$12.43
Price spread: +0.033% → 0.000%
$3.32
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
$4.76
Costs to cover
0.110%
Break-even
4.3 days
Slippage unknown: Extended: live order book, 40 min ago; Reya: 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, 40 min ago4.66 bp7.7 bp −$831.0 bp −$310doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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 32 exchanges

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−0.1841%1h2.1600+0.276%$13K$157K12xas long as short
Variational Omni TRUMP−0.0368%4h2.1560+0.092%$669K$403Kas long as short
OKX TRUMP-USDT-SWAP−0.0327%4h2.1540−0.003%$27.3M$176.0M50xas long as short
SoDEX TRUMP-USD−0.0316%1h2.1549+0.039%$67$6K5xas long as short
Bybit TRUMPUSDT−0.0315%4h2.1550+0.044%$31.4M$49.2M50xas long as short
Extended TRUMP-USDlong−0.0304%1h2.1541long leg$74K$496K25x
Binance TRUMPUSDT−0.0301%4h2.1550+0.044%$63.3M$240.5M75xas long as short
Reya TRUMPRUSDPERPshort−0.0245%1h2.1548+0.033%$510x
Coinbase International TRUMP-PERP-INTX−0.0240%1h2.1520−0.096%$132K$517K50xas long as short
Gate TRUMP_USDT−0.0234%4h2.1550+0.044%$7.8M$48.6M75xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRUMP−0.0232%1h2.1542+0.006%$930K$981K10xas long as short
Paradex TRUMP-USD-PERP−0.0203%8h2.1542+0.005%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0149%4h2.1555+0.069%$105K$254K20xas long as short
KuCoin TRUMPUSDTM−0.0128%4h2.1550+0.044%$4.2M$10.2M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0121%1h2.1563+0.104%$387K$78K10xas long as short
MEXC TRUMP_USDC−0.0108%4h2.1520−0.096%$392K$152K125xas long as short
Orderly PERP_TRUMP_USDC−0.0076%4h2.1550+0.044%$5K$310K10xas long as short
BloFin TRUMP-USDT−0.0061%4h2.1560+0.090%$4.3M$674K75xas long as short
Bitget TRUMPUSDT−0.0018%4h2.1550+0.044%$15.4M$25.6M75xas long as short
dYdX TRUMP-USD−0.0008%1h2.1556+0.071%$26K$3K5xas long as short
Aevo TRUMP-PERP+0.0008%1h2.1535−0.026%$19K3xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1572+0.144%$41K150xas long as short
Kraken Futures PF_TRUMPUSD+0.0016%1h2.1578+0.175%$1.3M$2.1M50xas long as short
GRVT TRUMP_USDT_Perp+0.0032%4h2.1546+0.023%$172K$4.1M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1565+0.113%$13.7M$7.7M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1553+0.060%$406K$655K20xas long as short
Pacifica TRUMP+0.0100%1h2.1564+0.109%$185K$54K10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1580+0.183%$1K$1.5M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1580+0.183%$496K$2.4M50xas long as short
Phemex TRUMPUSDT+0.0100%4h2.1560+0.090%$103K$267K50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0189% / S −0.0184%1h2.1568+0.128%$11K100xas long as short
Backpack TRUMP_USDC_PERP+0.0234%1h2.1580+0.183%$385K$403K10xas long as short