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

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0302%/8h= +33.1% APRnext payment +$1.51 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against Variational Omni+0.040%7-day average −0.052% · 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 4 days (all we have)−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.040%, 7d avg −0.052%
Together, before fees+0.031%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.092% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.052%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.004% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TRUMP2.1212−0.0202get 0.0101% / 4h2h 25m$654K$426K
ShortMEXC TRUMP_USDC2.12200.0100get 0.0050% / 4h2h 25m$395K$149K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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
$63.52
Price spread: +0.040% → −0.052%
$9.19
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 0 bp × 2 orders
$0
Net
$72.72
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; MEXC: live order book, 14 min ago. 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 Variational Omni RFQ quote, 23 min ago5.05 bpdoesn't fit10.6 bp −$106doesn't fitdoesn't fit
Sell MEXC live order book, 14 min ago2.36 bp2.4 bp −$214.9 bp −$149132.3 bp −$13.2Kdoesn't fit

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−0.1827%1h2.1080−0.620%$12K$157K12xas long as short
Lighter TRUMP−0.0488%1h2.1260+0.229%$940K$999K10xas long as short
SoDEX TRUMP-USD−0.0434%1h2.1205−0.031%$83$6K5xas long as short
Bybit TRUMPUSDT−0.0371%4h2.1280+0.323%$30.0M$51.6M50xas long as short
Binance TRUMPUSDT−0.0274%4h2.1273+0.289%$59.9M$250.1M75xas long as short
Extended TRUMP-USD−0.0272%1h2.1224+0.059%$76K$746K25xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1202−0.046%$510xas long as short
Paradex TRUMP-USD-PERP−0.0228%8h2.1195−0.076%$5K$1755xas long as short
Variational Omni TRUMPlong−0.0202%4h2.1212long leg$654K$426K
Gate TRUMP_USDT−0.0188%4h2.1240+0.134%$7.6M$53.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TRUMPUSDC−0.0132%4h2.1264+0.248%$104K$263K20xas long as short
OKX TRUMP-USDT-SWAP−0.0070%4h2.1290+0.370%$26.6M$180.1M50xas long as short
Orderly PERP_TRUMP_USDC−0.0045%4h2.1180−0.149%$5K$223K10xas long as short
GRVT TRUMP_USDT_Perp−0.0040%4h2.1215+0.018%$175K$4.7M10xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0033%1h2.1221+0.045%$400K$72K10xas long as short
BloFin TRUMP-USDT−0.0030%4h2.1160−0.243%$4.1M$682K75xas long as short
dYdX TRUMP-USD−0.0020%1h2.1286+0.353%$27K$5065xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1214+0.013%$40K150xas long as short
Aevo TRUMP-PERP+0.0016%1h2.1190−0.101%$18K3xas long as short
Hyperliquid TRUMP+0.0100%1h2.1262+0.238%$13.3M$8.1M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1276+0.303%$400K$801K20xas long as short
Pacifica TRUMP+0.0100%1h2.1197−0.066%$182K$52K10xas long as short
MEXC TRUMP_USDCshort+0.0100%4h2.1220+0.040%$395K$149K125x
KuCoin TRUMPUSDTM+0.0100%4h2.1220+0.040%$4.1M$11.2M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1260+0.229%$15.2M$26.7M75xas long as short
SunX TRUMP-USDT+0.0100%4h2.1240+0.134%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1240+0.134%$476K$2.4M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0099%1h2.1219+0.035%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0161%1h2.1244+0.153%$380K$409K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0200%1h2.1226+0.070%$1.3M$2.3M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0392%1h2.1210−0.007%$241K$341K50xas long as short