Funding you earn now, next payment 09:00 UTC−0.0239%/8h= −26.2% APRpaid last 24h −0.148%
Price spread now: Reya against BloFin+0.101%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Reya is 0.101% dearer against BloFin than usual: you sell high and buy low (spread +0.101% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 34 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRUMP-USDT | 2.1430 | −0.0006 | get 0.0003% / 4h | 3h 37m | $4.2M | $685K | 75x |
| Short | Reya TRUMPRUSDPERP | 2.1452 | −0.0245 | pay 0.0031% / 1h | 37m 44s | $5 | — | 10x |
BloFin TRUMP-USDT
Reya TRUMPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.22
- Price spread: +0.101% → 0.000%
- $10.09
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$58.13
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 6 min ago; Reya: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 6 min ago | 6.98 bp | 13.0 bp −$13 | 13.0 bp −$130 | 38.3 bp −$3,833 | 134.5 bp −$67.2K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.1829% | 1h | 2.1360 | −0.327% | $12K | $157K | 12x | as long as short |
| SoDEX TRUMP-USD | −0.0655% | 1h | 2.1465 | +0.163% | $71 | $6K | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0309% | 1h | 2.1470 | +0.187% | $388K | $81K | 10x | as long as short |
| Variational Omni TRUMP | −0.0300% | 4h | 2.1441 | +0.053% | $661K | $415K | — | as long as short |
| Bybit TRUMPUSDT | −0.0270% | 4h | 2.1490 | +0.280% | $30.7M | $51.8M | 50x | as long as short |
| Lighter TRUMP | −0.0256% | 1h | 2.1470 | +0.187% | $938K | $990K | 10x | as long as short |
| Binance TRUMPUSDT | −0.0250% | 4h | 2.1490 | +0.280% | $61.0M | $247.0M | 75x | as long as short |
| Extended TRUMP-USD | −0.0248% | 1h | 2.1474 | +0.208% | $74K | $494K | 25x | as long as short |
| Reya TRUMPRUSDPERPshort | −0.0245% | 1h | 2.1452 | +0.101% | $5 | — | 10x | |
| OKX TRUMP-USDT-SWAP | −0.0240% | 4h | 2.1480 | +0.233% | $26.9M | $182.9M | 50x | as long as short |
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
Variational Omni TRUMP
Bybit TRUMPUSDT
Lighter TRUMP
Binance TRUMPUSDT
Extended TRUMP-USD
OKX TRUMP-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.0228% | 4h | 2.1480 | +0.233% | $7.7M | $49.6M | 75x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0162% | 8h | 2.1435 | +0.022% | $5K | $175 | 5x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0136% | 1h | 2.1410 | −0.093% | $165K | $472K | 50x | as long as short |
| edgeX TRUMPUSDC | −0.0118% | 4h | 2.1453 | +0.106% | $105K | $252K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0095% | 4h | 2.1450 | +0.093% | $5K | $296K | 10x | as long as short |
| GRVT TRUMP_USDT_Perp | −0.0090% | 4h | 2.1502 | +0.337% | $181K | $4.3M | 10x | as long as short |
| KuCoin TRUMPUSDTM | −0.0038% | 4h | 2.1480 | +0.233% | $4.1M | $10.7M | 50x | as long as short |
| dYdX TRUMP-USD | −0.0027% | 1h | 2.1464 | +0.159% | $27K | $805 | 5x | as long as short |
| BloFin TRUMP-USDTlong | −0.0006% | 4h | 2.1430 | long leg | $4.2M | $685K | 75x | |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1480 | +0.233% | $40K | — | 150x | as long as short |
| Aevo TRUMP-PERP | +0.0024% | 1h | 2.1443 | +0.060% | $19K | — | 3x | as long as short |
| Bitget TRUMPUSDT | +0.0030% | 4h | 2.1490 | +0.280% | $15.3M | $26.5M | 75x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1506 | +0.353% | $13.6M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1500 | +0.327% | $408K | $719K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1458 | +0.131% | $185K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1470 | +0.187% | $399K | $148K | 125x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1470 | +0.187% | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1490 | +0.280% | $500K | $2.5M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0121% | 1h | 2.1499 | +0.322% | $1.3M | $2.3M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0136% / S −0.0098% | 1h | 2.1481 | +0.239% | $9K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0297% | 1h | 2.1520 | +0.420% | $381K | $420K | 10x | as long as short |
Gate TRUMP_USDT
Paradex TRUMP-USD-PERP
Coinbase International TRUMP-PERP-INTX
edgeX TRUMPUSDC
Orderly PERP_TRUMP_USDC
GRVT TRUMP_USDT_Perp
KuCoin TRUMPUSDTM
dYdX TRUMP-USD
gTrade (Gains Network) TRUMP/USD
Aevo TRUMP-PERP
Bitget TRUMPUSDT
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
MEXC TRUMP_USDC
SunX TRUMP-USDT
HTX TRUMP-USDT
Kraken Futures PF_TRUMPUSD
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP