TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.08 per $10,000 · paid last 24h −0.094%

Price spread now: Reya against SoDEX−0.258%50s7-day average — · you buy dearer than you sell

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

Long on SoDEX 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 airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.258% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.258% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 13 days of funding at the current rate (+$2 a day). The two prices were read 50 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	SoDEX TRUMP-USD	2.1695	−0.0310	get 0.0039% / 1h	16m 36s	$88	$6K	5x
Short	Reya TRUMPRUSDPERP	2.1639	−0.0245	pay 0.0031% / 1h	16m 36s	$5	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against SoDEX. 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 SoDEXbpFee ReyabpOrdersPrice spread, now −0.258%Rate

Funding earned: $13.61
Price spread: −0.258% → 0.000%: −$25.82
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: −$26.21
Costs to cover: 0.140%
Break-even: 20.5 days

Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

SoDEX and 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	−0.1765%	1h	2.1550	−0.668%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USDlong	−0.0310%	1h	2.1695	long leg	$88	$6K	5x
Paradex TRUMP-USD-PERP	−0.0272%	8h	2.1664	−0.143%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERPshort	−0.0245%	1h	2.1639	−0.258%	$5	—	10x
Deribit TRUMP_USDC-PERPETUAL	−0.0211%	1h	2.1704	+0.041%	$408K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0160%	4h	2.1670	−0.115%	$7.9M	$52.0M	75x	as long as short
Binance TRUMPUSDT	−0.0116%	4h	2.1660	−0.161%	$61.2M	$245.9M	75x	as long as short
Extended TRUMP-USD	−0.0112%	1h	2.1669	−0.120%	$74K	$714K	25x	as long as short
Bybit TRUMPUSDT	−0.0082%	4h	2.1650	−0.207%	$30.7M	$50.3M	50x	as long as short
edgeX TRUMPUSDC	−0.0049%	4h	2.1667	−0.128%	$106K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMP	−0.0023%	4h	2.1681	−0.064%	$670K	$516K	—	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1686	−0.043%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1714	+0.089%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0011%	4h	2.1690	−0.023%	$4K	$189K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0022%	4h	2.1660	−0.161%	$177K	$4.6M	10x	as long as short
Lighter TRUMP	+0.0024%	1h	2.1653	−0.194%	$956K	$976K	10x	as long as short
Aevo TRUMP-PERP	+0.0056%	1h	2.1690	−0.023%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1678	−0.078%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1683	−0.058%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1679	−0.074%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1650	−0.207%	$27.7M	$178.9M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1660	−0.161%	$406K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1670	−0.115%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1650	−0.207%	$15.7M	$26.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1700	+0.023%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1730	+0.161%	$496K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0125%	4h	2.1710	+0.069%	$4.2M	$664K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1710	+0.068%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0172%	1h	2.1733	+0.174%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0200%	1h	2.1704	+0.041%	$341K	$378K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1670	−0.115%	$280K	$277K	50x	as long as short