Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Pacifica+0.113%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$203as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$2042.036% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.113%, 7d avg +0.076%

Together, before fees−0.039%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.037% dearer against Pacifica than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TRUMP	2.1426	0.0100	pay 0.0013% / 1h	44m 28s	$184K	$54K	10x
Short	SunX TRUMP-USDT	2.1450	0.0100	get 0.0050% / 4h	1h 44m	$2K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee PacificabpFee SunXbpOrdersPrice spread, now +0.113%Rate

Funding earned: $0
Price spread: +0.113% → +0.076%: $3.71
Slippage, 4 orders: −$187.57
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$199.86
Costs to cover: 2.036%
Break-even: never at this rate

Slippage from Pacifica: live order book, 63 min ago; SunX: live order book, 11 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 Pacifica live order book, 63 min ago	9.08 bp	19.5 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	32.65 bp	97.1 bp −$97	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	−0.1927%	1h	2.1280	−0.680%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1402	−0.113%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0224%	4h	2.1420	−0.027%	$60.5M	$252.0M	75x	as long as short
Extended TRUMP-USD	−0.0224%	1h	2.1420	−0.026%	$74K	$741K	25x	as long as short
Variational Omni TRUMP	−0.0141%	4h	2.1381	−0.208%	$660K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0116%	4h	2.1400	−0.120%	$104K	$265K	20x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1482	+0.261%	$1.3M	$2.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	−0.0092%	4h	2.1390	−0.167%	$26.4M	$184.8M	50x	as long as short
Gate TRUMP_USDT	−0.0090%	4h	2.1420	−0.027%	$7.7M	$53.5M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0085%	8h	2.1418	−0.036%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	−0.0059%	4h	2.1440	+0.066%	$5K	$239K	10x	as long as short
Bybit TRUMPUSDT	−0.0059%	4h	2.1410	−0.074%	$30.4M	$52.5M	50x	as long as short
SoDEX TRUMP-USD	−0.0014%	1h	2.1448	+0.104%	$82	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1436	+0.049%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1453	+0.127%	$404K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1454	+0.133%	$40K	—	150x	as long as short
BloFin TRUMP-USDT	+0.0013%	4h	2.1430	+0.020%	$4.1M	$686K	75x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1437	+0.053%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1413	−0.060%	$946K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1428	+0.010%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1434	+0.036%	$402K	$778K	20x	as long as short
Pacifica TRUMPlong	+0.0100%	1h	2.1426	long leg	$184K	$54K	10x
MEXC TRUMP_USDC	+0.0100%	4h	2.1430	+0.020%	$399K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1430	+0.020%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1420	−0.027%	$15.3M	$27.2M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1400	−0.120%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1450	+0.113%	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1410	−0.074%	$482K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1460	+0.161%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1400	−0.120%	$205K	$420K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0355%	1h	2.1474	+0.225%	$380K	$415K	10x	as long as short