TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0253%/8h= +27.7% APRnext payment +$1.27 per $10,000 · paid last 24h +0.003%

Price spread now: MEXC against Variational Omni−0.289%7-day average −0.052% · you buy dearer than you sell

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.364%+$36 · spread now −0.289%, 7d avg −0.052%

Together, before fees+0.361%+ Points / potential airdropVariational Omni: Active · farm board+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.237% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.289% now, against its 7-day average of −0.052%). If the spread goes back, that is −$24 on $10k: about 3.1 days of funding at the current rate (+$8 a day).

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.004% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.27 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	2.1322	−0.0153	get 0.0077% / 4h	2h 34m	$658K	$427K	—
Short	MEXC TRUMP_USDC	2.1260	0.0100	get 0.0050% / 4h	2h 34m	$396K	$148K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpOrdersPrice spread, now −0.289%Rate

Funding earned: $53.16
Price spread: −0.289% → −0.052%: −$23.75
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: $29.41
Costs to cover: 0.000%
Break-even: 3.1 days

Slippage unknown: Variational Omni: RFQ quote, 15 min ago; MEXC: live order book, 5 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, 15 min ago	5.05 bp	doesn't fit	10.6 bp −$106	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.36 bp	2.4 bp −$2	14.9 bp −$149	132.3 bp −$13.2K	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	2.1110	−0.993%	$12K	$157K	12x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0551%	1h	2.1217	−0.491%	$399K	$72K	10x	as long as short
Lighter TRUMP	−0.0488%	1h	2.1268	−0.252%	$939K	$996K	10x	as long as short
SoDEX TRUMP-USD	−0.0440%	1h	2.1375	+0.250%	$86	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0317%	4h	2.1210	−0.524%	$30.1M	$51.4M	50x	as long as short
Binance TRUMPUSDT	−0.0251%	4h	2.1224	−0.460%	$59.8M	$249.0M	75x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1259	−0.292%	$76K	$746K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1232	−0.422%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0227%	8h	2.1268	−0.250%	$5K	$175	5x	as long as short
Variational Omni TRUMPlong	−0.0153%	4h	2.1322	long leg	$658K	$427K	—

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	−0.0125%	4h	2.1301	−0.098%	$104K	$264K	20x	as long as short
Gate TRUMP_USDT	−0.0118%	4h	2.1230	−0.430%	$7.6M	$53.0M	75x	as long as short
GRVT TRUMP_USDT_Perp	−0.0050%	4h	2.1330	+0.039%	$178K	$4.6M	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0048%	4h	2.1200	−0.571%	$26.7M	$178.8M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0038%	4h	2.1220	−0.477%	$5K	$218K	10x	as long as short
dYdX TRUMP-USD	−0.0019%	1h	2.1286	−0.169%	$27K	$506	5x	as long as short
BloFin TRUMP-USDT	−0.0011%	4h	2.1370	+0.227%	$4.2M	$686K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1245	−0.359%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1200	−0.571%	$18K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1252	−0.327%	$13.4M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1246	−0.354%	$399K	$801K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1284	−0.177%	$183K	$52K	10x	as long as short
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1260	−0.289%	$396K	$148K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1240	−0.383%	$4.1M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1210	−0.524%	$15.3M	$26.6M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1400	+0.367%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1400	+0.367%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1243	−0.369%	$9K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0199%	1h	2.1399	+0.360%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0225%	1h	2.1376	+0.255%	$383K	$409K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1380	+0.273%	$259K	$315K	50x	as long as short