TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0345%/8h= +37.8% APRnext payment +$0.43 per $10,000 · paid last 24h +0.106%

Price spread now: Hyperliquid against Reya+0.151%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Hyperliquid

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 · Hyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.151% dearer against Reya than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TRUMPRUSDPERP	2.1315	−0.0245	get 0.0031% / 1h	30m 21s	$5	—	10x
Short	Hyperliquid TRUMP	2.1347	0.0100	get 0.0013% / 1h	30m 21s	$13.4M	$7.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.151%Rate

Funding earned: $72.41
Price spread: +0.151% → 0.000%: $15.06
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $72.47
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 5 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 Hyperliquid live order book, 5 min ago	1.87 bp	9.3 bp −$9	doesn't fit	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 32 exchanges

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
SoDEX TRUMP-USD	−0.0485%	1h	2.1330	+0.071%	$77	$6K	5x	as long as short
Variational Omni TRUMP	−0.0409%	4h	2.1300	−0.070%	$662K	$400K	—	as long as short
OKX TRUMP-USDT-SWAP	−0.0369%	4h	2.1330	+0.071%	$27.0M	$172.4M	50x	as long as short
Extended TRUMP-USD	−0.0360%	1h	2.1323	+0.039%	$73K	$493K	25x	as long as short
Binance TRUMPUSDT	−0.0359%	4h	2.1340	+0.118%	$62.9M	$237.8M	75x	as long as short
Bybit TRUMPUSDT	−0.0358%	4h	2.1330	+0.071%	$31.2M	$48.4M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0296%	1h	2.1250	−0.304%	$130K	$512K	50x	as long as short
Lighter TRUMP	−0.0248%	1h	2.1315	+0.001%	$914K	$958K	10x	as long as short
Reya TRUMPRUSDPERPlong	−0.0245%	1h	2.1315	long leg	$5	—	10x
Gate TRUMP_USDT	−0.0230%	4h	2.1330	+0.071%	$7.6M	$47.7M	75x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TRUMP_USDC	−0.0214%	4h	2.1330	+0.071%	$386K	$143K	125x	as long as short
Paradex TRUMP-USD-PERP	−0.0212%	8h	2.1300	−0.071%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0177%	4h	2.1265	−0.236%	$104K	$254K	20x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0171%	1h	2.1346	+0.146%	$383K	$78K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0166%	4h	2.1320	+0.024%	$4.3M	$10.2M	50x	as long as short
BloFin TRUMP-USDT	−0.0116%	4h	2.1310	−0.023%	$4.3M	$688K	75x	as long as short
Orderly PERP_TRUMP_USDC	−0.0085%	4h	2.1320	+0.024%	$5K	$299K	10x	as long as short
Bitget TRUMPUSDT	−0.0052%	4h	2.1340	+0.118%	$15.3M	$24.8M	75x	as long as short
Aevo TRUMP-PERP	−0.0008%	1h	2.1315	+0.001%	$18K	—	3x	as long as short
dYdX TRUMP-USD	−0.0005%	1h	2.1305	−0.048%	$25K	$3K	5x	as long as short
GRVT TRUMP_USDT_Perp	+0.0004%	4h	2.1290	−0.115%	$183K	$4.0M	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1313	−0.007%	$40K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0023%	1h	2.1353	+0.178%	$1.3M	$2.0M	50x	as long as short
Injective TRUMP/USDC PERP	+0.0033%	1h	2.1600	+1.338%	$13K	$157K	12x	as long as short
Hyperliquid TRUMPshort	+0.0100%	1h	2.1347	+0.151%	$13.4M	$7.7M	10x
Aster TRUMPUSDT	+0.0100%	4h	2.1339	+0.113%	$402K	$643K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1310	−0.023%	$183K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1360	+0.212%	$2K	$1.4M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1350	+0.165%	$485K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1330	+0.071%	$190K	$443K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0148%	1h	2.1327	+0.057%	$381K	$390K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0203% / S −0.0198%	1h	2.1354	+0.182%	$10K	—	100x	as long as short