Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.035%
Price spread now: dYdX against Variational Omni−0.520%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.520% cheaper against Variational Omni than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRUMP | 2.2081 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $696K | $448K | — |
| Short | dYdX TRUMP-USD | 2.1967 | 0 | get 0.0000% / 1h | 21m 39s | $27K | $512 | 5x |
Variational Omni TRUMP
dYdX TRUMP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Variational Omni. 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
- −$21
- Price spread: −0.520% → 0.000%
- −$51.97
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$82.97
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 47 min ago; dYdX: 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 Variational Omni RFQ quote, 47 min ago | 4.94 bp | doesn't fit | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 30 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 | −0.1623% | 1h | 2.1890 | −0.867% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.2026 | −0.249% | $5 | — | 10x | as long as short |
| Gate TRUMP_USDT | −0.0062% | 4h | 2.1960 | −0.550% | $7.8M | $49.2M | 75x | as long as short |
| dYdX TRUMP-USDshort | 0.0000% | 1h | 2.1967 | −0.520% | $27K | $512 | 5x | |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.2006 | −0.341% | $414K | $80K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.2005 | −0.348% | $43K | — | 150x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.2025 | −0.255% | $107K | $262K | 20x | as long as short |
| Lighter TRUMP | +0.0072% | 1h | 2.1941 | −0.636% | $976K | $790K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0072% | 8h | 2.1952 | −0.585% | $5K | $175 | 5x | as long as short |
| SoDEX TRUMP-USD | +0.0075% | 1h | 2.1990 | −0.414% | $78 | $6K | 5x | as long as short |
Injective TRUMP/USDC PERP
Reya TRUMPRUSDPERP
Gate TRUMP_USDT
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
edgeX TRUMPUSDC
Lighter TRUMP
Paradex TRUMP-USD-PERP
SoDEX TRUMP-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TRUMP_USDC | +0.0086% | 4h | 2.2000 | −0.368% | $4K | $239K | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1983 | −0.445% | $14.3M | $7.2M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1969 | −0.508% | $434K | $861K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1959 | −0.552% | $189K | $57K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.1950 | −0.595% | $63.9M | $236.0M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1940 | −0.640% | $31.5M | $48.5M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1950 | −0.595% | $29.0M | $170.2M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1930 | −0.685% | $436K | $147K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1970 | −0.504% | $4.1M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1970 | −0.504% | $15.8M | $24.3M | 75x | as long as short |
| Variational Omni TRUMPlong | +0.0100% | 4h | 2.2081 | long leg | $696K | $448K | — | |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.2043 | −0.174% | $182K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.2020 | −0.278% | $1K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.2040 | −0.187% | $558K | $2.0M | 50x | as long as short |
| Extended TRUMP-USD | +0.0104% | 1h | 2.1949 | −0.599% | $76K | $597K | 25x | as long as short |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.1985 | −0.435% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0217% / S −0.0188% | 1h | 2.2006 | −0.342% | $10K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0290% | 1h | 2.2014 | −0.305% | $257K | $319K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0513% | 1h | 2.2017 | −0.292% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0536% | 1h | 2.2020 | −0.278% | $286K | $305K | 50x | as long as short |
Orderly PERP_TRUMP_USDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
Extended TRUMP-USD
Aevo TRUMP-PERP
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX