TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.8% APRnext payment +$1.41 per $10,000 · paid last 24h +0.006%

Price spread now: KuCoin against Variational Omni+0.086%7-day average +0.019% · you sell dearer than you buy

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.054%+$5 on $10k

Price spread, last 7 days−0.083%−$8 · spread now +0.086%, 7d avg +0.019%

Together, before fees−0.029%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.067% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.019%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.054% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TRUMP	2.1212	−0.0182	get 0.0091% / 4h	2h 30m	$655K	$426K	—
Short	KuCoin TRUMPUSDTM	2.1230	0.0100	get 0.0050% / 4h	2h 30m	$4.1M	$11.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 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 Variational OmnibpFee KuCoinbpOrdersPrice spread, now +0.086%Rate

Funding earned: $59.13
Price spread: +0.086% → +0.019%: $6.73
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $53.86
Costs to cover: 0.120%
Break-even: 0.6 days

Slippage unknown: Variational Omni: RFQ quote, 18 min ago; KuCoin: live order book, 3 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 Variational Omni RFQ quote, 18 min ago	5.05 bp	doesn't fit	10.6 bp −$106	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	4.72 bp	15.9 bp −$16	61.4 bp −$614	doesn't fit	doesn't fit

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	−0.1827%	1h	2.1120	−0.432%	$12K	$157K	12x	as long as short
Lighter TRUMP	−0.0488%	1h	2.1219	+0.034%	$938K	$997K	10x	as long as short
SoDEX TRUMP-USD	−0.0467%	1h	2.1215	+0.015%	$83	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0320%	4h	2.1240	+0.133%	$30.0M	$51.6M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0268%	1h	2.1225	+0.063%	$400K	$72K	10x	as long as short
Extended TRUMP-USD	−0.0264%	1h	2.1237	+0.119%	$76K	$746K	25x	as long as short
Binance TRUMPUSDT	−0.0264%	4h	2.1250	+0.181%	$59.9M	$249.9M	75x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1212	0.000%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0227%	8h	2.1226	+0.067%	$5K	$175	5x	as long as short
Variational Omni TRUMPlong	−0.0182%	4h	2.1212	long leg	$655K	$426K	—

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0140%	4h	2.1230	+0.086%	$7.6M	$53.1M	75x	as long as short
edgeX TRUMPUSDC	−0.0125%	4h	2.1187	−0.116%	$103K	$265K	20x	as long as short
OKX TRUMP-USDT-SWAP	−0.0056%	4h	2.1240	+0.133%	$26.5M	$179.6M	50x	as long as short
GRVT TRUMP_USDT_Perp	−0.0048%	4h	2.1200	−0.055%	$175K	$4.7M	10x	as long as short
Orderly PERP_TRUMP_USDC	−0.0039%	4h	2.1210	−0.008%	$5K	$220K	10x	as long as short
BloFin TRUMP-USDT	−0.0024%	4h	2.1200	−0.055%	$4.1M	$680K	75x	as long as short
dYdX TRUMP-USD	−0.0017%	1h	2.1246	+0.160%	$27K	$506	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1235	+0.110%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1163	−0.231%	$18K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1248	+0.171%	$13.3M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1241	+0.137%	$399K	$801K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1226	+0.065%	$183K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1230	+0.086%	$395K	$148K	125x	as long as short
KuCoin TRUMPUSDTMshort	+0.0100%	4h	2.1230	+0.086%	$4.1M	$11.2M	50x
Bitget TRUMPUSDT	+0.0100%	4h	2.1240	+0.133%	$15.2M	$26.6M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1250	+0.181%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1250	+0.181%	$479K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1231	+0.090%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0177%	1h	2.1265	+0.251%	$380K	$409K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0200%	1h	2.1238	+0.125%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1230	+0.086%	$254K	$318K	50x	as long as short