TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0301%/8h= +32.9% APRnext payment +$0.38 per $10,000 · paid last 24h +0.189%

Price spread now: Coinbase International against Reya−0.521%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Coinbase International

What this pair did over the last

the charts below follow

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 airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Coinbase International is 0.521% cheaper against Reya than usual: you would sell low and buy high (spread −0.521% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$52 on $10k: about 5.8 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TRUMPRUSDPERP	2.1442	−0.0245	get 0.0031% / 1h	17m 07s	$5	—	10x
Short	Coinbase International TRUMP-PERP-INTX	2.1330	0.0056	get 0.0007% / 1h	17m 07s	$167K	$479K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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 ReyabpFee Coinbase InternationalbpOrdersPrice spread, now −0.521%Rate

Funding earned: $63.17
Price spread: −0.521% → 0.000%: −$52.06
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$4.89
Costs to cover: 0.160%
Break-even: 7.5 days

Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 21 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 Reya no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 21 min ago	7.01 bp	12.0 bp −$12	16.1 bp −$161	doesn't fit	doesn't fit

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	−0.1797%	1h	2.1290	−0.707%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0331%	1h	2.1457	+0.072%	$76	$6K	5x	as long as short
Reya TRUMPRUSDPERPlong	−0.0245%	1h	2.1442	long leg	$5	—	10x
Deribit TRUMP_USDC-PERPETUAL	−0.0216%	1h	2.1465	+0.109%	$404K	$81K	10x	as long as short
Variational Omni TRUMP	−0.0211%	4h	2.1371	−0.328%	$660K	$423K	—	as long as short
Lighter TRUMP	−0.0200%	1h	2.1456	+0.067%	$938K	$1.0M	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0186%	4h	2.1460	+0.086%	$26.7M	$184.2M	50x	as long as short
Extended TRUMP-USD	−0.0184%	1h	2.1439	−0.010%	$74K	$496K	25x	as long as short
Binance TRUMPUSDT	−0.0183%	4h	2.1470	+0.132%	$60.7M	$250.8M	75x	as long as short
Bybit TRUMPUSDT	−0.0168%	4h	2.1470	+0.132%	$30.5M	$52.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0106%	4h	2.1480	+0.179%	$7.7M	$53.4M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0100%	8h	2.1450	+0.041%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0091%	4h	2.1431	−0.048%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0067%	4h	2.1450	+0.039%	$5K	$277K	10x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1456	+0.067%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1475	+0.155%	$40K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0020%	4h	2.1480	+0.179%	$4.1M	$10.9M	50x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1445	+0.016%	$19K	—	3x	as long as short
Coinbase International TRUMP-PERP-INTXshort	+0.0056%	1h	2.1330	−0.521%	$167K	$479K	50x
BloFin TRUMP-USDT	+0.0057%	4h	2.1470	+0.132%	$4.1M	$688K	75x	as long as short
Bitget TRUMPUSDT	+0.0084%	4h	2.1470	+0.132%	$15.3M	$27.1M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1487	+0.212%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1478	+0.169%	$403K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1465	+0.109%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1470	+0.132%	$399K	$148K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1450	+0.039%	$173K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1470	+0.132%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1470	+0.132%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1470	+0.133%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0282%	1h	2.1503	+0.286%	$383K	$419K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0598%	1h	2.1491	+0.229%	$1.3M	$2.3M	50x	as long as short