TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%

Price spread now: Pacifica against Deribit−0.028%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$910.911% of the position

Long on Deribit Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.332%+$33 on $10k

Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.028%, 7d avg −0.015%

Together, before fees+0.386%+ Points / potential airdropPacifica: Active · farm board+$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TRUMP_USDC-PERPETUAL	2.2071	0	get 0.0000% / 1h	0m 30s	$414K	$78K	10x
Short	Pacifica TRUMP	2.2065	0.0100	get 0.0013% / 1h	0m 30s	$191K	$55K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Deribit. 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 DeribitbpFee PacificabpOrdersPrice spread, now −0.028%Rate

Funding earned: $21
Price spread: −0.028% → −0.015%: −$1.28
Slippage, 4 orders: −$76.07
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$71.35
Costs to cover: 0.911%
Break-even: 30.8 days

Slippage from Deribit: live order book, 8 min ago; Pacifica: live order book, 7 min ago.

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 Deribit live order book, 8 min ago	8.90 bp	26.9 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 7 min ago	10.70 bp	23.2 bp −$23	doesn't fit	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	−0.1608%	1h	2.2020	−0.231%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2052	−0.088%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2061	−0.045%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUALlong	0.0000%	1h	2.2071	long leg	$414K	$78K	10x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2075	+0.018%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2199	+0.581%	$108K	$263K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0082%	8h	2.2044	−0.124%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0092%	4h	2.2060	−0.050%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2075	+0.018%	$980K	$784K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.2099	+0.127%	$14.4M	$6.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.2072	+0.005%	$461K	$860K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.2065	−0.028%	$191K	$55K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.2060	−0.050%	$63.7M	$230.4M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2050	−0.095%	$31.3M	$46.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2050	−0.095%	$28.6M	$163.7M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2040	−0.140%	$7.8M	$49.5M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2060	−0.050%	$476K	$134K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2080	+0.041%	$4.1M	$10.8M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2060	−0.050%	$16.0M	$23.0M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2051	−0.090%	$702K	$441K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2373	+1.369%	$184K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2090	+0.086%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2065	−0.027%	$82	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2130	+0.267%	$574K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2029	−0.189%	$79K	$595K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2071	0.000%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2079	+0.035%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2070	−0.005%	$4.3M	$671K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0435%	1h	2.2095	+0.109%	$262K	$308K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.2230	+0.720%	$292K	$286K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0780%	1h	2.2095	+0.111%	$1.3M	$2.6M	50x	as long as short