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+0.0218%/8h= +23.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.006%
Price spread now: SunX against Variational Omni+0.041%7-day average +0.085% · 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)+0.123%+$12 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.041%, 7d avg +0.085%
Together, before fees+0.176%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.044% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.085%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TRUMP2.1401−0.0118get 0.0059% / 4h58m 10s$661K$423K
ShortSunX TRUMP-USDT2.14100.0100get 0.0050% / 4h58m 10s$2K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$45.78
Price spread: +0.041% → +0.085%
−$4.38
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$33.4
Costs to cover
0.080%
Break-even
1.9 days
Slippage unknown: Variational Omni: RFQ quote, 46 min ago; SunX: live order book, 7 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, 46 min ago5.06 bpdoesn't fit17.1 bp −$171doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago32.59 bp96.9 bp −$97doesn't fitdoesn't fitdoesn'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−0.1797%1h2.1310−0.426%$12K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1391−0.046%$510xas long as short
SoDEX TRUMP-USD−0.0221%1h2.1415+0.064%$82$6K5xas long as short
Binance TRUMPUSDT−0.0163%4h2.1416+0.068%$60.6M$251.4M75xas long as short
Extended TRUMP-USD−0.0160%1h2.1407+0.025%$74K$522K25xas long as short
OKX TRUMP-USDT-SWAP−0.0122%4h2.1410+0.041%$26.5M$184.1M50xas long as short
Variational Omni TRUMPlong−0.0118%4h2.1401long leg$661K$423K
Gate TRUMP_USDT−0.0094%4h2.1420+0.088%$7.7M$53.0M75xas long as short
edgeX TRUMPUSDC−0.0081%4h2.1416+0.068%$104K$255K20xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0077%1h2.1424+0.106%$403K$81K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TRUMPUSDT−0.0054%4h2.1410+0.041%$30.5M$52.5M50xas long as short
Orderly PERP_TRUMP_USDC−0.0050%4h2.1410+0.041%$5K$261K10xas long as short
Paradex TRUMP-USD-PERP−0.0039%8h2.1385−0.075%$5K$1755xas long as short
Lighter TRUMP−0.0032%1h2.1408+0.032%$936K$1.0M10xas long as short
dYdX TRUMP-USD0.0000%1h2.1406+0.022%$27K$5015xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1427+0.120%$40K150xas long as short
Aevo TRUMP-PERP+0.0040%1h2.1410+0.041%$19K3xas long as short
Coinbase International TRUMP-PERP-INTX+0.0056%1h2.1410+0.041%$175K$454K50xas long as short
KuCoin TRUMPUSDTM+0.0070%4h2.1410+0.041%$4.2M$11.0M50xas long as short
BloFin TRUMP-USDT+0.0077%4h2.1410+0.041%$4.1M$700K75xas long as short
Hyperliquid TRUMP+0.0100%1h2.1439+0.177%$13.6M$8.2M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1433+0.148%$402K$778K20xas long as short
Pacifica TRUMP+0.0100%1h2.1402+0.003%$184K$54K10xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1410+0.041%$398K$146K125xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1420+0.088%$15.2M$27.0M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1414+0.058%$173K$4.5M10xas long as short
SunX TRUMP-USDTshort+0.0100%4h2.1410+0.041%$2K$1.6M50x
HTX TRUMP-USDT+0.0100%4h2.1430+0.134%$481K$2.5M50xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0137% / S −0.0098%1h2.1430+0.132%$9K100xas long as short
Backpack TRUMP_USDC_PERP+0.0165%1h2.1451+0.232%$380K$416K10xas long as short
Kraken Futures PF_TRUMPUSD+0.0599%1h2.1443+0.196%$1.3M$2.3M50xas long as short