Funding arb · Price arb /

TRUMP

all TRUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0259%/8h= +28.4% APRpaid last 24h +0.004%

Price spread now: Pacifica against Paradex+0.050%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Pacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Pacifica is 0.050% dearer against Paradex than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex TRUMP-USD-PERP	2.1536	−0.0159	get 0.0159% / 8h	2h 03m	$5K	$175	5x
Short	Pacifica TRUMP	2.1547	0.0100	get 0.0013% / 1h	3m 48s	$185K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Paradex. 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 ParadexbpFee PacificabpOrdersPrice spread, now +0.050%Rate

Funding earned: $54.41
Price spread: +0.050% → 0.000%: $5.03
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $47.44
Costs to cover: 0.120%
Break-even: 0.9 days

Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, 44 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 44 min ago	9.08 bp	21.1 bp −$21	doesn't fit	doesn't fit	doesn't fit

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1827%	1h	2.1440	−0.447%	$12K	$157K	12x	as long as short
Lighter TRUMP	−0.0344%	1h	2.1525	−0.053%	$951K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	−0.0280%	1h	2.1535	−0.006%	$82	$6K	5x	as long as short
Extended TRUMP-USD	−0.0272%	1h	2.1529	−0.035%	$74K	$739K	25x	as long as short
Binance TRUMPUSDT	−0.0271%	4h	2.1540	+0.017%	$60.7M	$251.3M	75x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1541	+0.023%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0200%	4h	2.1540	+0.017%	$30.6M	$52.2M	50x	as long as short
Variational Omni TRUMP	−0.0180%	4h	2.1531	−0.024%	$664K	$426K	—	as long as short
Paradex TRUMP-USD-PERPlong	−0.0159%	8h	2.1536	long leg	$5K	$175	5x
edgeX TRUMPUSDC	−0.0139%	4h	2.1567	+0.140%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0106%	4h	2.1540	+0.017%	$7.7M	$54.0M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0085%	4h	2.1520	−0.076%	$26.6M	$185.1M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0063%	4h	2.1540	+0.017%	$4K	$233K	10x	as long as short
BloFin TRUMP-USDT	−0.0036%	4h	2.1530	−0.030%	$4.1M	$690K	75x	as long as short
dYdX TRUMP-USD	−0.0016%	1h	2.1556	+0.092%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1556	+0.091%	$406K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1562	+0.120%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1535	−0.006%	$19K	—	3x	as long as short
GRVT TRUMP_USDT_Perp	+0.0034%	4h	2.1517	−0.089%	$182K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1559	+0.105%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1550	+0.063%	$405K	$774K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.1547	+0.050%	$185K	$52K	10x
MEXC TRUMP_USDC	+0.0100%	4h	2.1540	+0.017%	$402K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1540	+0.017%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	+0.017%	$15.4M	$27.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1580	+0.203%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1560	+0.110%	$486K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1561	+0.114%	$9K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0197%	1h	2.1570	+0.155%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0278%	1h	2.1575	+0.179%	$384K	$413K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1540	+0.017%	$214K	$409K	50x	as long as short