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+0.0131%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.048%
Price spread now: BloFin against MEXC+0.422%94s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.460%+$46 on $10k
Price spread, last 4 days (all we have)−0.358%−$36 · spread now +0.422%, 7d avg +0.036%
Together, before fees+0.102%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.385% dearer against MEXC than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.036%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRUMP_USDC2.1340−0.0266get 0.0133% / 4h53m 42s$386K$142K125x
ShortBloFin TRUMP-USDT2.1430−0.0135pay 0.0067% / 4h53m 42s$4.3M$658K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$27.61
Price spread: +0.422% → +0.036%
$38.53
Slippage, 4 orders
−$26.85
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$27.29
Costs to cover
0.388%
Break-even
0.1 days
Slippage from MEXC: live order book, 43 min ago; BloFin: live order book, 3 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, 43 min ago2.34 bp6.0 bp −$614.2 bp −$142114.5 bp −$11.5Kdoesn't fit
Sell BloFin live order book, 3 min ago7.00 bp13.0 bp −$1315.9 bp −$15925.7 bp −$2,57187.4 bp −$43.7K

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−0.0461%1h2.1395+0.258%$80$6K5xas long as short
Binance TRUMPUSDT−0.0379%4h2.1370+0.141%$62.5M$236.0M75xas long as short
Extended TRUMP-USD−0.0376%1h2.1358+0.083%$74K$483K25xas long as short
Variational Omni TRUMP−0.0374%4h2.1409+0.325%$666K$399Kas long as short
OKX TRUMP-USDT-SWAP−0.0321%4h2.1360+0.094%$27.0M$171.8M50xas long as short
Coinbase International TRUMP-PERP-INTX−0.0320%1h2.1410+0.328%$128K$521K50xas long as short
Bybit TRUMPUSDT−0.0312%4h2.1360+0.094%$31.1M$48.2M50xas long as short
MEXC TRUMP_USDClong−0.0266%4h2.1340long leg$386K$142K125x
Lighter TRUMP−0.0248%1h2.1367+0.127%$913K$929K10xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1379+0.184%$510xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRUMP_USDT−0.0232%4h2.1370+0.141%$7.7M$46.2M75xas long as short
KuCoin TRUMPUSDTM−0.0220%4h2.1380+0.187%$4.3M$10.1M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0217%1h2.1403+0.295%$384K$79K10xas long as short
edgeX TRUMPUSDC−0.0187%4h2.1416+0.358%$104K$253K20xas long as short
Paradex TRUMP-USD-PERP−0.0163%8h2.1362+0.104%$5K$1755xas long as short
BloFin TRUMP-USDTshort−0.0135%4h2.1430+0.422%$4.3M$658K75x
Orderly PERP_TRUMP_USDC−0.0091%4h2.1390+0.234%$5K$292K10xas long as short
Bitget TRUMPUSDT−0.0032%4h2.1370+0.141%$15.5M$24.7M75xas long as short
Aevo TRUMP-PERP−0.0016%1h2.1381+0.194%$19K3xas long as short
dYdX TRUMP-USD0.0000%1h2.1394+0.254%$25K$3K5xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1410+0.328%$40K150xas long as short
GRVT TRUMP_USDT_Perp+0.0016%4h2.1450+0.515%$180K$4.0M10xas long as short
Injective TRUMP/USDC PERP+0.0033%1h2.1350+0.047%$12K$157K12xas long as short
Hyperliquid TRUMP+0.0100%1h2.1397+0.267%$13.5M$7.3M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1371+0.147%$403K$647K20xas long as short
Pacifica TRUMP+0.0100%1h2.1381+0.192%$184K$54K10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1430+0.422%$1K$1.4M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1420+0.375%$486K$2.4M50xas long as short
Phemex TRUMPUSDT+0.0100%4h2.1420+0.375%$269K$597K50xas long as short
Backpack TRUMP_USDC_PERP+0.0202%1h2.1422+0.384%$382K$391K10xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0217% / S −0.0219%1h2.1414+0.347%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0327%1h2.1435+0.444%$1.4M$2.1M50xas long as short