Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%

Price spread now: dYdX against MEXC+0.215%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.215% dearer against MEXC than usual: you sell high and buy low (spread +0.215% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.1720	0.0100	pay 0.0050% / 4h	3h 46m	$471K	$132K	125x
Short	dYdX TRUMP-USD	2.1767	0	get 0.0000% / 1h	46m 10s	$27K	$485	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.215%Rate

Funding earned: −$21
Price spread: +0.215% → 0.000%: $21.52
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$9.48
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: MEXC: live order book, 18 min ago; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 18 min ago	2.29 bp	9.3 bp −$9	39.1 bp −$391	143.7 bp −$14.4K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1608%	1h	2.1640	−0.368%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1724	+0.019%	$5	—	10x	as long as short
dYdX TRUMP-USDshort	0.0000%	1h	2.1767	+0.215%	$27K	$485	5x
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1726	+0.028%	$407K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1726	+0.027%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1758	+0.177%	$118K	$250K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0095%	4h	2.1720	0.000%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1724	+0.018%	$965K	$756K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1755	+0.162%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1734	+0.066%	$453K	$836K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.1769	+0.225%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1720	0.000%	$62.2M	$227.2M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1720	0.000%	$30.4M	$44.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1730	+0.046%	$26.9M	$152.4M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1720	0.000%	$7.4M	$46.8M	75x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.1720	long leg	$471K	$132K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1730	+0.046%	$4.0M	$10.5M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1720	0.000%	$15.6M	$22.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1742	+0.100%	$699K	$443K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1770	+0.230%	$181K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1750	+0.138%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1725	+0.023%	$71	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1750	+0.138%	$549K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1721	+0.003%	$78K	$518K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1716	−0.020%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0209%	1h	2.1759	+0.180%	$14.0M	$7.5M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1727	+0.033%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1750	+0.138%	$4.2M	$625K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0387%	1h	2.1745	+0.115%	$258K	$283K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.1760	+0.184%	$281K	$382K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0792%	1h	2.1753	+0.152%	$1.3M	$2.6M	50x	as long as short