Funding you earn now, next payment 04:00 UTC−0.0237%/8h= −25.9% APRpaid last 24h −0.087%
Price spread now: Reya against edgeX−0.276%65s7-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 airdropedgeX: Active · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Reya is 0.276% cheaper against edgeX than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TRUMPUSDC | 2.1571 | −0.0008 | get 0.0004% / 4h | 8m 22s | $105K | $263K | 20x |
| Short | Reya TRUMPRUSDPERP | 2.1511 | −0.0245 | pay 0.0031% / 1h | 8m 22s | $5 | — | 10x |
edgeX TRUMPUSDC
Reya TRUMPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against edgeX. 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
- −$49.76
- Price spread: −0.276% → 0.000%
- −$27.62
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$92.38
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 49 min ago; Reya: 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 edgeX live order book, 49 min ago | 6.97 bp | 14.6 bp −$15 | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.1690% | 1h | 2.1420 | −0.700% | $12K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERPshort | −0.0245% | 1h | 2.1511 | −0.276% | $5 | — | 10x | |
| SoDEX TRUMP-USD | −0.0096% | 1h | 2.1515 | −0.259% | $94 | $6K | 5x | as long as short |
| Gate TRUMP_USDT | −0.0042% | 4h | 2.1520 | −0.236% | $7.6M | $51.1M | 75x | as long as short |
| Extended TRUMP-USD | −0.0024% | 1h | 2.1509 | −0.287% | $74K | $721K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0023% | 4h | 2.1511 | −0.277% | $60.4M | $242.2M | 75x | as long as short |
| Variational Omni TRUMP | −0.0011% | 4h | 2.1571 | 0.000% | $666K | $488K | — | as long as short |
| Lighter TRUMP | −0.0008% | 1h | 2.1511 | −0.278% | $951K | $957K | 10x | as long as short |
| edgeX TRUMPUSDClong | −0.0008% | 4h | 2.1571 | long leg | $105K | $263K | 20x | |
| dYdX TRUMP-USD | −0.0002% | 1h | 2.1536 | −0.162% | $27K | $512 | 5x | as long as short |
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Gate TRUMP_USDT
Extended TRUMP-USD
Binance TRUMPUSDT
Variational Omni TRUMP
Lighter TRUMP
dYdX TRUMP-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1523 | −0.222% | $405K | $72K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1524 | −0.217% | $41K | — | 150x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0035% | 8h | 2.1515 | −0.261% | $5K | $175 | 5x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0043% | 4h | 2.1510 | −0.283% | $4K | $199K | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0072% | 1h | 2.1505 | −0.306% | $19K | — | 3x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1532 | −0.181% | $13.6M | $7.9M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1524 | −0.217% | $422K | $829K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1544 | −0.125% | $185K | $52K | 10x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1510 | −0.283% | $30.4M | $49.6M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1510 | −0.283% | $27.3M | $173.3M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1510 | −0.283% | $404K | $151K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1520 | −0.236% | $4.3M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1520 | −0.236% | $15.5M | $25.6M | 75x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0100% | 1h | 2.1565 | −0.028% | $343K | $366K | 10x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1540 | −0.144% | $184K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1540 | −0.144% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1530 | −0.190% | $502K | $2.2M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0216% / S −0.0188% | 1h | 2.1521 | −0.233% | $10K | — | 100x | as long as short |
| BloFin TRUMP-USDT | +0.0220% | 4h | 2.1540 | −0.144% | $4.1M | $682K | 75x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0220% | 1h | 2.1543 | −0.131% | $1.3M | $2.2M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0472% | 1h | 2.1530 | −0.190% | $278K | $276K | 50x | as long as short |
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
Paradex TRUMP-USD-PERP
Orderly PERP_TRUMP_USDC
Aevo TRUMP-PERP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Backpack TRUMP_USDC_PERP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
BloFin TRUMP-USDT
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX