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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0474%/8h= −51.9% APRnext payment $0.59 per $10,000 · paid last 24h −0.010%
Price spread now: SoDEX against Pacifica−0.097%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$14 a day on $10k at the current rate, and SoDEX is 0.097% cheaper against Pacifica than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica TRUMP2.16360.0100pay 0.0013% / 1h5m 54s$186K$52K10x
ShortSoDEX TRUMP-USD2.1615−0.0374pay 0.0047% / 1h5m 54s$84$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$99.5
Price spread: −0.097% → 0.000%
−$9.71
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$125.2
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 47 min ago; SoDEX: 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, 47 min ago5.04 bp11.4 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.1765%1h2.1520−0.536%$13K$157K12xas long as short
SoDEX TRUMP-USDshort−0.0374%1h2.1615−0.097%$84$6K5x
Paradex TRUMP-USD-PERP−0.0249%8h2.1608−0.128%$5K$1755xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1611−0.115%$510xas long as short
Bybit TRUMPUSDT−0.0171%4h2.1620−0.074%$30.8M$50.6M50xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0166%1h2.1630−0.028%$407K$72K10xas long as short
Binance TRUMPUSDT−0.0155%4h2.1618−0.081%$61.1M$246.3M75xas long as short
Extended TRUMP-USD−0.0152%1h2.1614−0.099%$77K$718K25xas long as short
Gate TRUMP_USDT−0.0126%4h2.1630−0.028%$7.9M$52.4M75xas long as short
edgeX TRUMPUSDC−0.0069%4h2.1588−0.220%$105K$264K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRUMP−0.0058%4h2.1621−0.068%$668K$437Kas long as short
Lighter TRUMP−0.0048%1h2.1613−0.106%$955K$977K10xas long as short
dYdX TRUMP-USD−0.0006%1h2.1626−0.046%$27K$5125xas long as short
Orderly PERP_TRUMP_USDC−0.0002%4h2.1610−0.120%$5K$199K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1635−0.005%$41K150xas long as short
GRVT TRUMP_USDT_Perp+0.0010%4h2.1561−0.349%$181K$4.6M10xas long as short
Aevo TRUMP-PERP+0.0040%1h2.1598−0.174%$19K3xas long as short
OKX TRUMP-USDT-SWAP+0.0066%4h2.1620−0.074%$27.7M$179.4M50xas long as short
BloFin TRUMP-USDT+0.0088%4h2.1600−0.166%$4.2M$650K75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1639+0.014%$13.7M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1630−0.030%$407K$827K20xas long as short
Pacifica TRUMPlong+0.0100%1h2.1636long leg$186K$52K10x
MEXC TRUMP_USDC+0.0100%4h2.1610−0.120%$405K$151K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1620−0.074%$4.3M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1640+0.018%$15.6M$26.1M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1630−0.028%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1660+0.111%$493K$2.3M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1630−0.030%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0173%1h2.1648+0.057%$1.3M$2.3M50xas long as short
Backpack TRUMP_USDC_PERP+0.0197%1h2.1655+0.088%$384K$402K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0400%1h2.1640+0.018%$283K$277K50xas long as short