TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.016%

Price spread now: Variational Omni against edgeX+0.063%59s7-day average +0.029% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.011%−$1 on $10k

Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.063%, 7d avg +0.029%

Together, before fees−0.047%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.035% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 59 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	edgeX TRUMPUSDC	2.1848	0.0050	pay 0.0025% / 4h	3h 56m	$119K	$248K	20x
Short	Variational Omni TRUMP	2.1862	0.0100	get 0.0050% / 4h	3h 56m	$638K	$377K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee Variational OmnibpOrdersPrice spread, now +0.063%Rate

Funding earned: $10.5
Price spread: +0.063% → +0.029%: $3.46
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $4.96
Costs to cover: 0.090%
Break-even: 3.7 days

Slippage unknown: edgeX: live order book, 16 min ago; Variational Omni: RFQ quote, 17 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 edgeX live order book, 16 min ago	6.87 bp	14.3 bp −$14	38.6 bp −$386	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 17 min ago	5.02 bp	doesn't fit	14.9 bp −$149	doesn't fit	doesn't fit

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	−0.1608%	1h	2.1730	−0.541%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1822	−0.120%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1812	−0.166%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1816	−0.147%	$409K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1836	−0.055%	$41K	—	150x	as long as short
edgeX TRUMPUSDClong	+0.0050%	4h	2.1848	long leg	$119K	$248K	20x
Orderly PERP_TRUMP_USDC	+0.0095%	4h	2.1810	−0.175%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1821	−0.125%	$978K	$705K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1814	−0.156%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1821	−0.127%	$454K	$836K	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	2.1827	−0.095%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1829	−0.089%	$62.7M	$226.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1810	−0.175%	$30.6M	$44.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1820	−0.129%	$27.1M	$152.9M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1820	−0.129%	$7.4M	$46.5M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1820	−0.129%	$473K	$131K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1820	−0.129%	$4.2M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1820	−0.129%	$15.5M	$21.9M	75x	as long as short
Variational Omni TRUMPshort	+0.0100%	4h	2.1862	+0.063%	$638K	$377K	—
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1888	+0.183%	$187K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1850	+0.008%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1809	−0.179%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1860	+0.054%	$553K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1811	−0.171%	$75K	$463K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1817	−0.142%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0135%	1h	2.1852	+0.017%	$14.2M	$7.6M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1831	−0.080%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1810	−0.175%	$4.2M	$631K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0392%	1h	2.1829	−0.088%	$255K	$284K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.2060	+0.969%	$285K	$388K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0789%	1h	2.1836	−0.055%	$1.3M	$2.5M	50x	as long as short