Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.035%
Price spread now: Variational Omni against dYdX−0.021%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.021% cheaper against dYdX than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day). The two prices were read 53 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 | dYdX TRUMP-USD | 2.2147 | 0 | get 0.0000% / 1h | 42m 54s | $28K | $485 | 5x |
| Short | Variational Omni TRUMP | 2.2142 | 0.0100 | get 0.0050% / 4h | 42m 54s | $650K | $373K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- $21
- Price spread: −0.021% → 0.000%
- −$2.11
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $8.89
- Costs to cover
- 0.100%
- Break-even
- 4.0 days
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 36 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 36 min ago | 5.00 bp | doesn't fit | 15.7 bp −$157 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.1537% | 1h | 2.2030 | −0.528% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.2097 | −0.224% | $5 | — | 10x | as long as short |
| dYdX TRUMP-USDlong | 0.0000% | 1h | 2.2147 | long leg | $28K | $485 | 5x | |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.2094 | −0.239% | $414K | $76K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.2100 | −0.212% | $42K | — | 150x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.2145 | −0.011% | $121K | $250K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0089% | 4h | 2.2100 | −0.212% | $3K | $249K | 10x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.2080 | −0.302% | $990K | $738K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0096% | 8h | 2.2106 | −0.186% | $5K | — | 5x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.2091 | −0.254% | $460K | $835K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica TRUMP | +0.0100% | 1h | 2.2124 | −0.103% | $190K | $59K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.2069 | −0.352% | $63.7M | $223.4M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.2070 | −0.347% | $31.1M | $44.2M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.2070 | −0.347% | $27.3M | $153.1M | 50x | as long as short |
| Gate TRUMP_USDT | +0.0100% | 4h | 2.2080 | −0.302% | $7.5M | $48.0M | 75x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.2070 | −0.347% | $483K | $132K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.2090 | −0.257% | $4.7M | $10.3M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.2080 | −0.302% | $15.9M | $21.4M | 75x | as long as short |
| Variational Omni TRUMPshort | +0.0100% | 4h | 2.2142 | −0.021% | $650K | $373K | — | |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.2130 | −0.079% | $194K | $4.5M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.2110 | −0.167% | $2K | $1.6M | 50x | as long as short |
| SoDEX TRUMP-USD | +0.0100% | 1h | 2.2080 | −0.302% | $75 | $6K | 5x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.2140 | −0.031% | $566K | $1.9M | 50x | as long as short |
| Extended TRUMP-USD | +0.0104% | 1h | 2.2081 | −0.297% | $76K | $471K | 25x | as long as short |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.2083 | −0.287% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0216% / S −0.0188% | 1h | 2.2102 | −0.205% | $10K | — | 100x | as long as short |
| BloFin TRUMP-USDT | +0.0340% | 4h | 2.2090 | −0.257% | $4.2M | $637K | 75x | as long as short |
| Hyperliquid TRUMP | +0.0344% | 1h | 2.2098 | −0.221% | $14.2M | $7.5M | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0424% | 1h | 2.2240 | +0.420% | $287K | $397K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0546% | 1h | 2.2104 | −0.194% | $260K | $278K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0865% | 1h | 2.2101 | −0.207% | $1.3M | $2.5M | 50x | as long as short |
Variational Omni TRUMP
Injective TRUMP/USDC PERP
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
edgeX TRUMPUSDC
Lighter TRUMP
Paradex TRUMP-USD-PERP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
Gate TRUMP_USDT
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
SoDEX TRUMP-USD
HTX TRUMP-USDT
Extended TRUMP-USD
GMX TRUMP/USD [ETH-USDC]
BloFin TRUMP-USDT
Hyperliquid TRUMP
Coinbase International TRUMP-PERP-INTX
Backpack TRUMP_USDC_PERP
Kraken Futures PF_TRUMPUSD