TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0345%/8h= −37.8% APRnext payment −$0.43 per $10,000 · paid last 24h −0.103%

Price spread now: Reya against Pacifica−0.127%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Reya

What this pair did over the last

the charts below follow

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 airdropPacifica: Active · Reya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Reya is 0.127% cheaper against Pacifica than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TRUMP	2.1939	0.0100	pay 0.0013% / 1h	0m 50s	$189K	$56K	10x
Short	Reya TRUMPRUSDPERP	2.1911	−0.0245	pay 0.0031% / 1h	0m 50s	$5	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Pacifica. 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 PacificabpFee ReyabpOrdersPrice spread, now −0.127%Rate

Funding earned: −$72.42
Price spread: −0.127% → 0.000%: −$12.66
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: −$99.08
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago	9.35 bp	15.9 bp −$16	doesn't fit	doesn't fit	doesn't fit
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 30 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	−0.1623%	1h	2.1850	−0.407%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERPshort	−0.0245%	1h	2.1911	−0.127%	$5	—	10x
Gate TRUMP_USDT	−0.0082%	4h	2.1910	−0.133%	$7.7M	$49.9M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1946	+0.029%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1927	−0.056%	$413K	$73K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1933	−0.028%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1997	+0.261%	$107K	$264K	20x	as long as short
Lighter TRUMP	+0.0056%	1h	2.1908	−0.142%	$975K	$800K	10x	as long as short
SoDEX TRUMP-USD	+0.0060%	1h	2.1915	−0.110%	$82	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	+0.0067%	8h	2.1924	−0.069%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1910	−0.133%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1932	−0.033%	$14.5M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1935	−0.019%	$434K	$862K	20x	as long as short
Pacifica TRUMPlong	+0.0100%	1h	2.1939	long leg	$189K	$56K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.1910	−0.133%	$63.7M	$235.0M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1900	−0.179%	$31.5M	$48.0M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1900	−0.179%	$28.5M	$169.2M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1910	−0.133%	$436K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1920	−0.088%	$4.3M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1920	−0.088%	$15.6M	$24.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1911	−0.128%	$690K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1941	+0.010%	$183K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1930	−0.042%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1960	+0.095%	$548K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1900	−0.180%	$77K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1908	−0.143%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1929	−0.047%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0261%	1h	2.1941	+0.008%	$257K	$315K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0514%	1h	2.1945	+0.026%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2000	+0.277%	$285K	$304K	50x	as long as short