TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0345%/8h= +37.8% APRnext payment +$0.43 per $10,000 · paid last 24h +0.103%

Price spread now: Pacifica against Reya−0.197%48s7-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 Pacifica

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 airdropReya: Active · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.197% cheaper against Reya than usual: you would sell low and buy high (spread −0.197% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 46 hours of funding at the current rate (+$10 a day). The two prices were read 48 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	Reya TRUMPRUSDPERP	2.1801	−0.0245	get 0.0031% / 1h	12m 45s	$5	—	10x
Short	Pacifica TRUMP	2.1758	0.0100	get 0.0013% / 1h	12m 45s	$187K	$53K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.197%Rate

Funding earned: $72.42
Price spread: −0.197% → 0.000%: −$19.74
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $38.67
Costs to cover: 0.140%
Break-even: 3.3 days

Slippage unknown: Reya: no order-book sample; Pacifica: live order book, 50 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 Pacifica live order book, 50 min ago	9.35 bp	17.5 bp −$17	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 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	−0.1659%	1h	2.1740	−0.281%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERPlong	−0.0245%	1h	2.1801	long leg	$5	—	10x
Gate TRUMP_USDT	−0.0038%	4h	2.1760	−0.189%	$7.7M	$50.2M	75x	as long as short
SoDEX TRUMP-USD	−0.0036%	1h	2.1795	−0.029%	$82	$6K	5x	as long as short
Lighter TRUMP	−0.0024%	1h	2.1754	−0.217%	$969K	$838K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1766	−0.163%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1805	+0.017%	$410K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1820	+0.086%	$42K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0030%	8h	2.1749	−0.240%	$5K	$175	5x	as long as short
Bybit TRUMPUSDT	+0.0048%	4h	2.1750	−0.235%	$31.0M	$48.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	+0.0050%	4h	2.1809	+0.037%	$106K	$264K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0071%	4h	2.1800	−0.006%	$4K	$238K	10x	as long as short
Variational Omni TRUMP	+0.0085%	4h	2.1851	+0.227%	$689K	$456K	—	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1791	−0.047%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1770	−0.142%	$430K	$827K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.1758	−0.197%	$187K	$53K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.1750	−0.235%	$62.9M	$237.7M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1750	−0.235%	$27.7M	$171.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1750	−0.235%	$417K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1770	−0.143%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1760	−0.189%	$15.6M	$25.4M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1827	+0.120%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1830	+0.132%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1810	+0.040%	$535K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1744	−0.261%	$116K	$706K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1788	−0.059%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0107%	1h	2.1792	−0.042%	$255K	$319K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1817	+0.075%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0288%	1h	2.1820	+0.086%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1750	−0.235%	$4.3M	$657K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1900	+0.453%	$284K	$301K	50x	as long as short