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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h −0.027%
Price spread now: dYdX against SoDEX+0.075%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.075% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TRUMP-USD2.1520−0.0102get 0.0013% / 1h9m 30s$94$6K5x
ShortdYdX TRUMP-USD2.1536−0.0002pay 0.0000% / 1h9m 30s$27K$5125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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
$21.05
Price spread: +0.075% → 0.000%
$7.49
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
$10.55
Costs to cover
0.180%
Break-even
3.5 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell dYdX no order-book sample
SoDEX and 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−0.1690%1h2.1450−0.325%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1531+0.053%$510xas long as short
SoDEX TRUMP-USDlong−0.0102%1h2.1520long leg$94$6K5x
Deribit TRUMP_USDC-PERPETUAL−0.0075%1h2.1529+0.042%$405K$72K10xas long as short
Gate TRUMP_USDT−0.0038%4h2.1540+0.093%$7.6M$51.1M75xas long as short
Extended TRUMP-USD−0.0024%1h2.1524+0.018%$74K$721K25xas long as short
Binance TRUMPUSDT−0.0020%4h2.1531+0.053%$60.4M$242.2M75xas long as short
Variational Omni TRUMP−0.0011%4h2.1571+0.237%$666K$488Kas long as short
Lighter TRUMP−0.0008%1h2.1522+0.009%$952K$957K10xas long as short
edgeX TRUMPUSDC−0.0008%4h2.1571+0.237%$105K$263K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX TRUMP-USDshort−0.0002%1h2.1536+0.075%$27K$5125x
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1536+0.075%$41K150xas long as short
Paradex TRUMP-USD-PERP+0.0036%8h2.1525+0.023%$5K$1755xas long as short
Orderly PERP_TRUMP_USDC+0.0043%4h2.15200.000%$4K$200K10xas long as short
Aevo TRUMP-PERP+0.0080%1h2.1515−0.023%$19K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1551+0.144%$13.7M$7.9M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1542+0.100%$422K$829K20xas long as short
Pacifica TRUMP+0.0100%1h2.1542+0.102%$185K$52K10xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1540+0.093%$30.5M$49.6M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1530+0.046%$27.3M$173.4M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1530+0.046%$405K$151K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1550+0.139%$4.3M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1540+0.093%$15.5M$25.6M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1556+0.167%$343K$365K10xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1540+0.093%$184K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1550+0.139%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1550+0.139%$503K$2.2M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0216% / S −0.0188%1h2.1530+0.046%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0220%1h2.1549+0.135%$1.3M$2.2M50xas long as short
BloFin TRUMP-USDT+0.0222%4h2.1550+0.139%$4.1M$683K75xas long as short
Coinbase International TRUMP-PERP-INTX+0.0472%1h2.1580+0.279%$279K$276K50xas long as short