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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0218%/8h= +23.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against MEXC+0.140%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.140%, 7d avg +0.050%
Together, before fees+0.134%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.090% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRUMP_USDC2.1420−0.0254get 0.0127% / 4h1h 02m$388K$145K125x
ShortBitget TRUMPUSDT2.1450−0.0036pay 0.0018% / 4h1h 02m$15.5M$24.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$45.78
Price spread: +0.140% → +0.050%
$8.97
Slippage, 4 orders
−$23.13
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$19.62
Costs to cover
0.351%
Break-even
4.0 days
Slippage from MEXC: live order book, 35 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 35 min ago2.34 bp6.0 bp −$614.2 bp −$142114.5 bp −$11.5Kdoesn't fit
Sell Bitget live order book, 5 min ago2.33 bp11.4 bp −$1115.9 bp −$15940.2 bp −$4,024doesn't fit

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
SoDEX TRUMP-USD−0.0438%1h2.1435+0.070%$82$6K5xas long as short
Variational Omni TRUMP−0.0378%4h2.1449+0.137%$667K$400Kas long as short
Extended TRUMP-USD−0.0376%1h2.1428+0.037%$74K$488K25xas long as short
Binance TRUMPUSDT−0.0372%4h2.1434+0.065%$62.7M$236.5M75xas long as short
OKX TRUMP-USDT-SWAP−0.0345%4h2.1440+0.093%$27.1M$172.7M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0309%1h2.1445+0.117%$385K$79K10xas long as short
Coinbase International TRUMP-PERP-INTX−0.0296%1h2.1410−0.047%$128K$521K50xas long as short
Bybit TRUMPUSDT−0.0293%4h2.1440+0.093%$31.2M$48.2M50xas long as short
MEXC TRUMP_USDClong−0.0254%4h2.1420long leg$388K$145K125x
Reya TRUMPRUSDPERP−0.0245%1h2.1429+0.044%$510xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRUMP−0.0208%1h2.1436+0.075%$918K$969K10xas long as short
Gate TRUMP_USDT−0.0194%4h2.1440+0.093%$7.7M$48.1M75xas long as short
KuCoin TRUMPUSDTM−0.0190%4h2.1440+0.093%$4.3M$10.1M50xas long as short
edgeX TRUMPUSDC−0.0186%4h2.1429+0.040%$105K$253K20xas long as short
Paradex TRUMP-USD-PERP−0.0170%8h2.1435+0.070%$5K$1755xas long as short
BloFin TRUMP-USDT−0.0133%4h2.1440+0.093%$4.3M$658K75xas long as short
Orderly PERP_TRUMP_USDC−0.0096%4h2.1430+0.047%$5K$293K10xas long as short
Bitget TRUMPUSDTshort−0.0036%4h2.1450+0.140%$15.5M$24.8M75x
Aevo TRUMP-PERP−0.0016%1h2.1422+0.009%$19K3xas long as short
dYdX TRUMP-USD−0.0006%1h2.1455+0.165%$25K$3K5xas long as short
GRVT TRUMP_USDT_Perp+0.0008%4h2.1445+0.115%$180K$4.0M10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1453+0.155%$40K150xas long as short
Kraken Futures PF_TRUMPUSD+0.0023%1h2.1475+0.259%$1.4M$2.1M50xas long as short
Injective TRUMP/USDC PERP+0.0033%1h2.1600+0.840%$13K$157K12xas long as short
Hyperliquid TRUMP+0.0100%1h2.1460+0.187%$13.5M$7.3M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1451+0.144%$405K$647K20xas long as short
Pacifica TRUMP+0.0100%1h2.1444+0.112%$184K$54K10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1470+0.233%$2K$1.4M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1470+0.233%$487K$2.4M50xas long as short
Phemex TRUMPUSDT+0.0100%4h2.1440+0.093%$252K$563K50xas long as short
Backpack TRUMP_USDC_PERP+0.0171%1h2.1474+0.252%$384K$391K10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0213% / S −0.0214%1h2.1467+0.218%$11K100xas long as short