Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0068%/8hpaid last 24h 0.000%

Price spread now: Pacifica against MEXC+0.080%7-day average +0.075% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$360.359% of the position

Long on MEXC Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.289%+$29 on $10k

Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.080%, 7d avg +0.075%

Together, before fees+0.353%+ Points / potential airdropPacifica: Active · farm board+$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.075%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.1490	0.0032	pay 0.0016% / 4h	4m 37s	$472K	$136K	125x
Short	Pacifica TRUMP	2.1507	0.0100	get 0.0013% / 1h	4m 37s	$185K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.080%Rate

Funding earned: $14.28
Price spread: +0.080% → +0.075%: $0.55
Slippage, 4 orders: −$27.87
Fee MEXC: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$21.04
Costs to cover: 0.359%
Break-even: 17.3 days

Slippage from MEXC: live order book, 22 min ago; Pacifica: live order book, 27 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, 22 min ago	2.33 bp	2.3 bp −$2	19.7 bp −$197	133.4 bp −$13.3K	doesn't fit
Sell Pacifica live order book, 27 min ago	7.72 bp	17.7 bp −$18	doesn't fit	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	−0.1937%	1h	2.1390	−0.465%	$12K	$115K	12x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0394%	1h	2.1500	+0.048%	$1.0M	$2.1M	50x	as long as short
Lighter TRUMP	−0.0256%	1h	2.1493	+0.014%	$962K	$590K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1475	−0.070%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0026%	1h	2.1485	−0.023%	$79	$6K	5x	as long as short
dYdX TRUMP-USD	−0.0018%	1h	2.1518	+0.130%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1494	+0.019%	$403K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1499	+0.042%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0026%	4h	2.1499	+0.042%	$117K	$243K	20x	as long as short
Gate TRUMP_USDT	+0.0030%	4h	2.1500	+0.047%	$7.4M	$44.9M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TRUMP_USDClong	+0.0032%	4h	2.1490	long leg	$472K	$136K	125x
Paradex TRUMP-USD-PERP	+0.0035%	8h	2.1499	+0.043%	$5K	—	5x	as long as short
Binance TRUMPUSDT	+0.0052%	4h	2.1498	+0.037%	$61.9M	$209.5M	75x	as long as short
Extended TRUMP-USD	+0.0056%	1h	2.1494	+0.017%	$74K	$473K	25x	as long as short
Orderly PERP_TRUMP_USDC	+0.0088%	4h	2.1490	0.000%	$3K	$249K	10x	as long as short
Aevo TRUMP-PERP	+0.0096%	1h	2.1482	−0.036%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1526	+0.168%	$13.7M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1505	+0.069%	$438K	$824K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.1507	+0.080%	$185K	$60K	10x
Bybit TRUMPUSDT	+0.0100%	4h	2.1490	0.000%	$30.0M	$40.9M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1480	−0.047%	$26.6M	$143.2M	50x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1510	+0.093%	$4.6M	$9.7M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1500	+0.047%	$15.1M	$19.9M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1516	+0.121%	$254K	$267K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1495	+0.023%	$668K	$231K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1510	+0.093%	$185K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1510	+0.093%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1520	+0.140%	$499K	$1.6M	50x	as long as short
BloFin TRUMP-USDT	+0.0220%	4h	2.1470	−0.093%	$4.2M	$477K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0280%	1h	2.1490	0.000%	$276K	$396K	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0537% / S −0.1999%	1h	2.1494	+0.017%	$56K	—	100x	as long as short