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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.035%
Price spread now: dYdX against Pacifica+0.027%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. dYdX is 0.027% dearer against Pacifica than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica TRUMP2.14860.0100pay 0.0013% / 1h15m 54s$185K$54K10x
ShortdYdX TRUMP-USD2.14920get 0.0000% / 1h15m 54s$27K$5015x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Pacifica. 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
−$21
Price spread: +0.027% → 0.000%
$2.65
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$36.35
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 27 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 27 min ago6.55 bp16.0 bp −$16doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRUMP/USDC PERP−0.1927%1h2.1380−0.493%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1477−0.044%$510xas long as short
Binance TRUMPUSDT−0.0170%4h2.1461−0.114%$60.6M$251.5M75xas long as short
Extended TRUMP-USD−0.0168%1h2.1449−0.173%$74K$521K25xas long as short
Variational Omni TRUMP−0.0140%4h2.1451−0.162%$661K$424Kas long as short
Kraken Futures PF_TRUMPUSD−0.0098%1h2.1501+0.070%$1.3M$2.3M50xas long as short
OKX TRUMP-USDT-SWAP−0.0094%4h2.1440−0.214%$26.6M$184.9M50xas long as short
edgeX TRUMPUSDC−0.0089%4h2.1485−0.005%$105K$265K20xas long as short
Orderly PERP_TRUMP_USDC−0.0056%4h2.1480−0.028%$5K$250K10xas long as short
Gate TRUMP_USDT−0.0050%4h2.1470−0.074%$7.7M$53.8M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRUMP-USD-PERP−0.0029%8h2.1472−0.066%$5K$1755xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0029%1h2.1480−0.028%$405K$81K10xas long as short
Bybit TRUMPUSDT−0.0028%4h2.1450−0.168%$30.5M$52.5M50xas long as short
SoDEX TRUMP-USD−0.0019%1h2.1472−0.065%$82$6K5xas long as short
dYdX TRUMP-USDshort0.0000%1h2.1492+0.027%$27K$5015x
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1495+0.040%$41K150xas long as short
Aevo TRUMP-PERP+0.0040%1h2.1463−0.107%$19K3xas long as short
BloFin TRUMP-USDT+0.0070%4h2.1490+0.019%$4.1M$703K75xas long as short
Lighter TRUMP+0.0096%1h2.1469−0.079%$939K$1.0M10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1496+0.047%$13.6M$8.2M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1478−0.037%$403K$778K20xas long as short
Pacifica TRUMPlong+0.0100%1h2.1486long leg$185K$54K10x
MEXC TRUMP_USDC+0.0100%4h2.1470−0.074%$399K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1480−0.028%$4.2M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1480−0.028%$15.3M$27.1M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1480−0.029%$176K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1500+0.065%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1490+0.019%$483K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0098%1h2.1484−0.011%$9K100xas long as short
Coinbase International TRUMP-PERP-INTX+0.0192%1h2.1490+0.019%$187K$443K50xas long as short
Backpack TRUMP_USDC_PERP+0.0423%1h2.1501+0.070%$380K$418K10xas long as short