Funding you earn now, next payment 04:00 UTC+0.0465%/8h= +50.9% APRnext payment +$0.58 per $10,000 · paid last 24h +0.092%
Price spread now: Kraken Futures against Reya+0.171%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.171% dearer against Reya than usual: you sell high and buy low: +$17 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 | 2.1567 | −0.0245 | get 0.0031% / 1h | 12m 48s | $5 | — | 10x |
| Short | Kraken Futures PF_TRUMPUSD | 2.1603 | 0.0220 | get 0.0027% / 1h | 12m 48s | $1.3M | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Reya. 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
- $97.55
- Price spread: +0.171% → 0.000%
- $17.12
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $98.67
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 2.32 bp | 15.8 bp −$16 | 31.8 bp −$318 | 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 | −0.1690% | 1h | 2.1420 | −0.679% | $12K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERPlong | −0.0245% | 1h | 2.1567 | long leg | $5 | — | 10x | |
| SoDEX TRUMP-USD | −0.0102% | 1h | 2.1575 | +0.039% | $94 | $6K | 5x | as long as short |
| Gate TRUMP_USDT | −0.0044% | 4h | 2.1560 | −0.030% | $7.6M | $51.1M | 75x | as long as short |
| Variational Omni TRUMP | −0.0026% | 4h | 2.1531 | −0.164% | $665K | $488K | — | as long as short |
| Lighter TRUMP | −0.0024% | 1h | 2.1552 | −0.067% | $954K | $957K | 10x | as long as short |
| Extended TRUMP-USD | −0.0016% | 1h | 2.1549 | −0.081% | $74K | $721K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0016% | 4h | 2.1552 | −0.069% | $60.5M | $241.8M | 75x | as long as short |
| edgeX TRUMPUSDC | −0.0005% | 4h | 2.1545 | −0.097% | $105K | $265K | 20x | as long as short |
| dYdX TRUMP-USD | −0.0002% | 1h | 2.1566 | −0.003% | $27K | $512 | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1584 | +0.081% | $406K | $72K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1574 | +0.035% | $41K | — | 150x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0037% | 8h | 2.1554 | −0.058% | $5K | $175 | 5x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0044% | 4h | 2.1570 | +0.016% | $4K | $202K | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0080% | 1h | 2.1566 | −0.003% | $19K | — | 3x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1584 | +0.081% | $14.5M | $7.5M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1579 | +0.058% | $423K | $829K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1573 | +0.030% | $186K | $53K | 10x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1560 | −0.030% | $30.6M | $49.6M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1550 | −0.077% | $27.3M | $173.5M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1560 | −0.030% | $405K | $151K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1570 | +0.016% | $4.3M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1570 | +0.016% | $15.6M | $25.5M | 75x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0100% | 1h | 2.1598 | +0.146% | $339K | $361K | 10x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1529 | −0.173% | $184K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1600 | +0.155% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1590 | +0.109% | $504K | $2.2M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0216% / S −0.0188% | 1h | 2.1579 | +0.060% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSDshort | +0.0220% | 1h | 2.1603 | +0.171% | $1.3M | $2.2M | 50x | |
| BloFin TRUMP-USDT | +0.0224% | 4h | 2.1570 | +0.016% | $4.2M | $684K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0472% | 1h | 2.1580 | +0.063% | $279K | $276K | 50x | as long as short |
Kraken Futures PF_TRUMPUSD
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Gate TRUMP_USDT
Variational Omni TRUMP
Lighter TRUMP
Extended TRUMP-USD
Binance TRUMPUSDT
edgeX TRUMPUSDC
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
Paradex TRUMP-USD-PERP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Backpack TRUMP_USDC_PERP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
BloFin TRUMP-USDT
Coinbase International TRUMP-PERP-INTX