Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against MEXC+0.134%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$380.385% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 on $10k

Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.134%, 7d avg +0.078%

Together, before fees+0.202%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.056% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.2020	0.0100	pay 0.0050% / 4h	37m 55s	$482K	$132K	125x
Short	Aster TRUMPUSDT	2.2050	0.0100	get 0.0050% / 4h	37m 55s	$459K	$832K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee AsterbpOrdersPrice spread, now +0.134%Rate

Funding earned: $0
Price spread: +0.134% → +0.078%: $5.61
Slippage, 4 orders: −$30.47
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$32.87
Costs to cover: 0.385%
Break-even: never at this rate

Slippage from MEXC: live order book, 32 min ago; Aster: live order book, 40 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 32 min ago	2.28 bp	8.8 bp −$9	28.0 bp −$280	137.6 bp −$13.8K	doesn't fit
Sell Aster live order book, 40 min ago	4.57 bp	9.9 bp −$10	21.8 bp −$218	doesn't fit	doesn't fit

TRUMP on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1537%	1h	2.1970	−0.227%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2037	+0.079%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2027	+0.032%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2052	+0.145%	$414K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2046	+0.120%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2072	+0.237%	$120K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0091%	4h	2.2050	+0.136%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2045	+0.114%	$988K	$738K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0096%	8h	2.2022	+0.010%	$5K	—	5x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.2050	+0.134%	$459K	$832K	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.2025	+0.024%	$189K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2050	+0.136%	$63.6M	$224.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2040	+0.091%	$31.1M	$44.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2040	+0.091%	$27.2M	$152.9M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2040	+0.091%	$7.5M	$48.2M	75x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.2020	long leg	$482K	$132K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2050	+0.136%	$4.7M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2050	+0.136%	$15.8M	$21.5M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2082	+0.283%	$648K	$373K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2096	+0.347%	$193K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2080	+0.272%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2046	+0.118%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2080	+0.272%	$560K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2031	+0.051%	$76K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2034	+0.065%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.2043	+0.103%	$10K	—	100x	as long as short
Hyperliquid TRUMP	+0.0336%	1h	2.2073	+0.241%	$14.2M	$7.5M	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2030	+0.045%	$4.3M	$636K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2060	+0.182%	$285K	$391K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0517%	1h	2.2073	+0.241%	$260K	$278K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0866%	1h	2.2070	+0.228%	$1.3M	$2.5M	50x	as long as short