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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0391%/8h= −42.8% APRnext payment $0.49 per $10,000 · paid last 24h −0.019%
Price spread now: SoDEX against Hyperliquid−0.018%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TRUMP2.15490.0100pay 0.0013% / 1h5m 17s$13.5M$8.0M10x
ShortSoDEX TRUMP-USD2.1545−0.0291pay 0.0036% / 1h5m 17s$82$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Hyperliquid. 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
−$82.18
Price spread: −0.018% → 0.000%
−$1.81
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$100.99
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; SoDEX: 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 Hyperliquid live order book, 7 min ago1.16 bp8.0 bp −$814.1 bp −$141doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.1827%1h2.1440−0.505%$12K$157K12xas long as short
Lighter TRUMP−0.0344%1h2.1536−0.060%$952K$1.0M10xas long as short
SoDEX TRUMP-USDshort−0.0291%1h2.1545−0.018%$82$6K5x
Binance TRUMPUSDT−0.0276%4h2.1540−0.041%$60.7M$251.7M75xas long as short
Extended TRUMP-USD−0.0272%1h2.1529−0.093%$74K$739K25xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1532−0.081%$510xas long as short
Bybit TRUMPUSDT−0.0205%4h2.1540−0.041%$30.6M$52.3M50xas long as short
Variational Omni TRUMP−0.0180%4h2.1531−0.082%$664K$426Kas long as short
Paradex TRUMP-USD-PERP−0.0165%8h2.1520−0.133%$5K$1755xas long as short
edgeX TRUMPUSDC−0.0139%4h2.1567+0.082%$105K$264K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0108%4h2.1550+0.005%$7.7M$53.9M75xas long as short
OKX TRUMP-USDT-SWAP−0.0082%4h2.1530−0.088%$26.6M$185.1M50xas long as short
Orderly PERP_TRUMP_USDC−0.0063%4h2.1530−0.088%$4K$234K10xas long as short
BloFin TRUMP-USDT−0.0036%4h2.1530−0.088%$4.1M$690K75xas long as short
dYdX TRUMP-USD−0.0016%1h2.1556+0.034%$27K$5015xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1543−0.027%$406K$81K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1549−0.001%$41K150xas long as short
Aevo TRUMP-PERP+0.0016%1h2.1525−0.111%$19K3xas long as short
GRVT TRUMP_USDT_Perp+0.0034%4h2.1517−0.147%$182K$4.6M10xas long as short
Hyperliquid TRUMPlong+0.0100%1h2.1549long leg$13.5M$8.0M10x
Aster TRUMPUSDT+0.0100%4h2.1550+0.005%$405K$774K20xas long as short
Pacifica TRUMP+0.0100%1h2.1536−0.058%$185K$52K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1530−0.088%$401K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1540−0.041%$4.2M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1540−0.041%$15.4M$27.0M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1550+0.005%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1550+0.005%$486K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1551+0.011%$9K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0197%1h2.1569+0.093%$1.3M$2.3M50xas long as short
Backpack TRUMP_USDC_PERP+0.0264%1h2.1573+0.112%$384K$413K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0392%1h2.1550+0.005%$215K$408K50xas long as short