Funding you earn now, next payment 09:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h +0.002%
Price spread now: Variational Omni against gTrade (Gains Network)−0.108%111s7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.108% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 111 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 | gTrade (Gains Network) TRUMP/USD | 2.1475 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 33m 30s | $40K | — | 150x |
| Short | Variational Omni TRUMP | 2.1451 | −0.0300 | pay 0.0150% / 4h | 3h 33m | $662K | $415K | — |
gTrade (Gains Network) TRUMP/USD
Variational Omni TRUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against gTrade (Gains Network). 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
- −$64.68
- Price spread: −0.108% → 0.000%
- −$10.78
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$85.45
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 1 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 5.06 bp | doesn't fit | 16.0 bp −$160 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | 2.1350 | −0.580% | $12K | $157K | 12x | as long as short |
| SoDEX TRUMP-USD | −0.0567% | 1h | 2.1447 | −0.129% | $69 | $6K | 5x | as long as short |
| Bybit TRUMPUSDT | −0.0495% | 4h | 2.1360 | −0.534% | $30.5M | $51.8M | 50x | as long as short |
| Gate TRUMP_USDT | −0.0348% | 4h | 2.1380 | −0.441% | $7.7M | $49.7M | 75x | as long as short |
| Variational Omni TRUMPshort | −0.0300% | 4h | 2.1451 | −0.108% | $662K | $415K | — | |
| Extended TRUMP-USD | −0.0256% | 1h | 2.1347 | −0.594% | $74K | $494K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0252% | 4h | 2.1367 | −0.499% | $61.2M | $248.0M | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0249% | 4h | 2.1360 | −0.534% | $26.8M | $181.6M | 50x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1429 | −0.212% | $5 | — | 10x | as long as short |
| Lighter TRUMP | −0.0232% | 1h | 2.1376 | −0.459% | $934K | $990K | 10x | as long as short |
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Bybit TRUMPUSDT
Gate TRUMP_USDT
Extended TRUMP-USD
Binance TRUMPUSDT
OKX TRUMP-USDT-SWAP
Reya TRUMPRUSDPERP
Lighter TRUMPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TRUMP_USDC-PERPETUAL | −0.0169% | 1h | 2.1482 | +0.034% | $389K | $81K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0162% | 8h | 2.1363 | −0.521% | $5K | $175 | 5x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0136% | 1h | 2.1450 | −0.115% | $156K | $482K | 50x | as long as short |
| edgeX TRUMPUSDC | −0.0126% | 4h | 2.1455 | −0.090% | $105K | $253K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0098% | 4h | 2.1470 | −0.021% | $5K | $296K | 10x | as long as short |
| KuCoin TRUMPUSDTM | −0.0054% | 4h | 2.1360 | −0.534% | $4.1M | $10.7M | 50x | as long as short |
| GRVT TRUMP_USDT_Perp | −0.0042% | 4h | 2.1454 | −0.097% | $181K | $4.3M | 10x | as long as short |
| dYdX TRUMP-USD | −0.0022% | 1h | 2.1387 | −0.410% | $26K | $805 | 5x | as long as short |
| BloFin TRUMP-USDT | −0.0013% | 4h | 2.1460 | −0.068% | $4.2M | $686K | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USDlong | L +0.0008% / S −0.0007% | 1h | 2.1475 | long leg | $40K | — | 150x | |
| Aevo TRUMP-PERP | +0.0016% | 1h | 2.1492 | +0.079% | $19K | — | 3x | as long as short |
| Bitget TRUMPUSDT | +0.0020% | 4h | 2.1370 | −0.487% | $15.2M | $26.6M | 75x | as long as short |
| MEXC TRUMP_USDC | +0.0094% | 4h | 2.1350 | −0.580% | $396K | $148K | 125x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1392 | −0.385% | $13.5M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1389 | −0.400% | $407K | $716K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1397 | −0.361% | $184K | $54K | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1480 | +0.025% | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1460 | −0.068% | $499K | $2.5M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0121% | 1h | 2.1480 | +0.025% | $1.3M | $2.3M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0136% / S −0.0098% | 1h | 2.1467 | −0.037% | $9K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0292% | 1h | 2.1475 | +0.002% | $382K | $422K | 10x | as long as short |
Deribit TRUMP_USDC-PERPETUAL
Paradex TRUMP-USD-PERP
Coinbase International TRUMP-PERP-INTX
edgeX TRUMPUSDC
Orderly PERP_TRUMP_USDC
KuCoin TRUMPUSDTM
GRVT TRUMP_USDT_Perp
dYdX TRUMP-USD
BloFin TRUMP-USDT
Aevo TRUMP-PERP
Bitget TRUMPUSDT
MEXC TRUMP_USDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
SunX TRUMP-USDT
HTX TRUMP-USDT
Kraken Futures PF_TRUMPUSD
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP