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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.020%
Price spread now: GMX against Pacifica+0.057%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 3 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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.057% dearer against Pacifica than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica TRUMP2.18190.0100pay 0.0013% / 1h31m 14s$188K$60K10x
ShortGMX TRUMP/USD [ETH-USDC]2.1831L +0.0216% / S −0.0188%get 0.0023% / 1h31m 14s$10K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$18.46
Price spread: +0.057% → 0.000%
$5.66
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$4.12
Costs to cover
0.200%
Break-even
5.4 days
Slippage unknown: Pacifica: live order book, 17 min ago; GMX: 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, 17 min ago6.26 bp11.5 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.1885%1h2.1710−0.497%$13K$77K12xas long as short
Kraken Futures PF_TRUMPUSD−0.0348%1h2.1838+0.088%$1.0M$2.1M50xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1815−0.017%$510xas long as short
Lighter TRUMP−0.0080%1h2.1817−0.007%$971K$619K10xas long as short
dYdX TRUMP-USD−0.0021%1h2.1819+0.004%$27K$4855xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1836+0.080%$409K$78K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1834+0.070%$41K150xas long as short
edgeX TRUMPUSDC+0.0034%4h2.1776−0.196%$118K$244K20xas long as short
Paradex TRUMP-USD-PERP+0.0050%8h2.1806−0.056%$5K5xas long as short
MEXC TRUMP_USDC+0.0064%4h2.1810−0.039%$479K$134K125xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRUMPUSDT+0.0069%4h2.1830+0.053%$63.0M$211.6M75xas long as short
Extended TRUMP-USD+0.0072%1h2.1818−0.003%$75K$471K25xas long as short
SoDEX TRUMP-USD+0.0078%1h2.1821+0.011%$72$6K5xas long as short
Orderly PERP_TRUMP_USDC+0.0087%4h2.1820+0.007%$3K$249K10xas long as short
Variational Omni TRUMP+0.0089%4h2.1795−0.106%$677K$231Kas long as short
Aevo TRUMP-PERP+0.0096%1h2.1815−0.016%$19K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1855+0.167%$14.0M$7.3M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1829+0.049%$446K$842K20xas long as short
Pacifica TRUMPlong+0.0100%1h2.1819long leg$188K$60K10x
Bybit TRUMPUSDT+0.0100%4h2.1810−0.039%$30.4M$41.5M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1820+0.007%$26.9M$146.9M50xas long as short
Gate TRUMP_USDT+0.0100%4h2.1830+0.053%$7.4M$45.6M75xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1830+0.053%$4.8M$9.9M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1820+0.007%$15.3M$20.2M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1820+0.007%$188K$4.5M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1830+0.053%$2K$1.5M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1840+0.098%$504K$1.6M50xas long as short
Backpack TRUMP_USDC_PERP+0.0188%1h2.1852+0.153%$258K$263K10xas long as short
GMX TRUMP/USD [ETH-USDC]shortL +0.0216% / S −0.0188%1h2.1831+0.057%$10K100x
BloFin TRUMP-USDT+0.0277%4h2.1830+0.053%$4.2M$461K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0288%1h2.1550−1.231%$277K$398K50xas long as short