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−0.0174%/8h= −19.1% APRnext payment $0.87 per $10,000 · paid last 24h −0.004%
Price spread now: Orderly against HTX−0.093%7-day average −0.111% · you buy dearer than you sell
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 7 days−0.147%−$15 on $10k
Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.093%, 7d avg −0.111%
Together, before fees−0.078%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.111%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TRUMP-USDT2.15100.0100pay 0.0050% / 4h4m 39s$495K$2.5M50x
ShortOrderly PERP_TRUMP_USDC2.1490−0.0074pay 0.0037% / 4h4m 39s$5K$282K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against HTX. 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
−$36.64
Price spread: −0.093% → −0.111%
$1.83
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$52.8
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 4 min ago; Orderly: 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 HTX live order book, 4 min ago6.96 bp15.0 bp −$1570.1 bp −$701doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.1797%1h2.1380−0.604%$12K$157K12xas long as short
SoDEX TRUMP-USD−0.0379%1h2.1495−0.070%$74$6K5xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0261%1h2.1506−0.019%$405K$65K10xas long as short
Variational Omni TRUMP−0.0258%4h2.1482−0.130%$663K$421Kas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1492−0.083%$510xas long as short
Bybit TRUMPUSDT−0.0206%4h2.1470−0.186%$30.5M$52.2M50xas long as short
Extended TRUMP-USD−0.0200%1h2.1480−0.141%$74K$496K25xas long as short
OKX TRUMP-USDT-SWAP−0.0200%4h2.1470−0.186%$26.8M$183.7M50xas long as short
Binance TRUMPUSDT−0.0198%4h2.1470−0.186%$60.7M$249.7M75xas long as short
Lighter TRUMP−0.0184%1h2.1469−0.191%$938K$1.0M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRUMP-USD-PERP−0.0120%8h2.1479−0.146%$5K$1755xas long as short
Gate TRUMP_USDT−0.0104%4h2.1500−0.046%$7.7M$53.4M75xas long as short
edgeX TRUMPUSDC−0.0094%4h2.1498−0.055%$105K$253K20xas long as short
Orderly PERP_TRUMP_USDCshort−0.0074%4h2.1490−0.093%$5K$282K10x
dYdX TRUMP-USD−0.0007%1h2.1507−0.014%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1515+0.024%$41K150xas long as short
KuCoin TRUMPUSDTM+0.0012%4h2.1500−0.046%$4.1M$10.8M50xas long as short
Aevo TRUMP-PERP+0.0032%1h2.1480−0.139%$19K3xas long as short
BloFin TRUMP-USDT+0.0042%4h2.1490−0.093%$4.2M$688K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0056%1h2.1500−0.046%$168K$482K50xas long as short
Bitget TRUMPUSDT+0.0072%4h2.1500−0.046%$15.4M$27.0M75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1514+0.019%$13.6M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1506−0.018%$403K$776K20xas long as short
Pacifica TRUMP+0.0100%1h2.1484−0.121%$185K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1470−0.186%$399K$149K125xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1502−0.038%$175K$4.4M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1530+0.093%$2K$1.6M50xas long as short
HTX TRUMP-USDTlong+0.0100%4h2.1510long leg$495K$2.5M50x
GMX TRUMP/USD [ETH-USDC]L +0.0136% / S −0.0098%1h2.1519+0.041%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0300%1h2.1535+0.116%$383K$418K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0597%1h2.1526+0.077%$1.3M$2.3M50xas long as short