TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.002%

Price spread now: Orderly against Variational Omni+0.041%7-day average −0.024% · you sell dearer than you buy

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

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.028%+$3 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.041%, 7d avg −0.024%

Together, before fees−0.101%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.065% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TRUMP	2.1471	−0.0074	get 0.0037% / 4h	2h 59m	$664K	$437K	—
Short	Orderly PERP_TRUMP_USDC	2.1480	−0.0006	pay 0.0003% / 4h	2h 59m	$5K	$203K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.041%Rate

Funding earned: $14.16
Price spread: +0.041% → −0.024%: $6.45
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $14.61
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 54 min ago; Orderly: 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, 54 min ago	5.03 bp	doesn't fit	14.7 bp −$147	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	2.1370	−0.472%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0396%	1h	2.1475	+0.018%	$86	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1474	+0.013%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0233%	8h	2.1465	−0.031%	$5K	$175	5x	as long as short
Bybit TRUMPUSDT	−0.0225%	4h	2.1460	−0.052%	$30.6M	$50.9M	50x	as long as short
Extended TRUMP-USD	−0.0176%	1h	2.1449	−0.103%	$76K	$718K	25x	as long as short
Binance TRUMPUSDT	−0.0173%	4h	2.1460	−0.052%	$60.7M	$247.2M	75x	as long as short
Gate TRUMP_USDT	−0.0170%	4h	2.1460	−0.052%	$7.7M	$52.8M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0169%	1h	2.1486	+0.069%	$404K	$72K	10x	as long as short
Lighter TRUMP	−0.0104%	1h	2.1468	−0.015%	$949K	$994K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	−0.0080%	4h	2.1538	+0.312%	$105K	$264K	20x	as long as short
Variational Omni TRUMPlong	−0.0074%	4h	2.1471	long leg	$664K	$437K	—
Orderly PERP_TRUMP_USDCshort	−0.0006%	4h	2.1480	+0.041%	$5K	$203K	10x
dYdX TRUMP-USD	−0.0006%	1h	2.1496	+0.114%	$27K	$511	5x	as long as short
GRVT TRUMP_USDT_Perp	+0.0002%	4h	2.1600	+0.602%	$180K	$4.7M	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1486	+0.069%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1460	−0.052%	$19K	—	3x	as long as short
OKX TRUMP-USDT-SWAP	+0.0042%	4h	2.1460	−0.052%	$27.3M	$178.9M	50x	as long as short
BloFin TRUMP-USDT	+0.0072%	4h	2.1480	+0.041%	$4.2M	$650K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1483	+0.055%	$13.6M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1490	+0.090%	$404K	$811K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1490	+0.085%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1460	−0.052%	$399K	$152K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1470	−0.006%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1470	−0.006%	$15.5M	$26.3M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1490	+0.087%	$1K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1490	+0.087%	$487K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1490	+0.088%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0174%	1h	2.1491	+0.092%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0197%	1h	2.1499	+0.129%	$380K	$403K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1480	+0.041%	$291K	$303K	50x	as long as short