TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.013%

Price spread now: Variational Omni against edgeX−0.155%7-day average +0.019% · you buy dearer than you sell

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.009%−$1 on $10k

Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.155%, 7d avg +0.019%

Together, before fees+0.182%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.174% cheaper against edgeX than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of +0.019%). If the spread goes back, that is −$17 on $10k: about 38 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1685	−0.0057	get 0.0028% / 4h	3h 15m	$106K	$265K	20x
Short	Variational Omni TRUMP	2.1651	−0.0041	pay 0.0021% / 4h	3h 15m	$669K	$488K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against edgeX. 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 edgeXbpFee Variational OmnibpOrdersPrice spread, now −0.155%Rate

Funding earned: $3.2
Price spread: −0.155% → +0.019%: −$17.4
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$23.2
Costs to cover: 0.090%
Break-even: 57.7 days

Slippage unknown: edgeX: live order book, 37 min ago; Variational Omni: RFQ quote, 38 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 edgeX live order book, 37 min ago	6.88 bp	13.7 bp −$14	36.8 bp −$368	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 38 min ago	5.03 bp	doesn't fit	17.8 bp −$178	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	−0.1765%	1h	2.1550	−0.621%	$13K	$157K	12x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0350%	1h	2.1655	−0.137%	$408K	$72K	10x	as long as short
SoDEX TRUMP-USD	−0.0318%	1h	2.1648	−0.169%	$88	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	−0.0268%	8h	2.1664	−0.094%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1639	−0.211%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0130%	4h	2.1680	−0.022%	$7.9M	$52.0M	75x	as long as short
Binance TRUMPUSDT	−0.0116%	4h	2.1670	−0.068%	$61.2M	$246.1M	75x	as long as short
Extended TRUMP-USD	−0.0112%	1h	2.1659	−0.119%	$77K	$718K	25x	as long as short
edgeX TRUMPUSDClong	−0.0057%	4h	2.1685	long leg	$106K	$265K	20x
Variational Omni TRUMPshort	−0.0041%	4h	2.1651	−0.155%	$669K	$488K	—

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TRUMPUSDT	−0.0034%	4h	2.1670	−0.068%	$30.7M	$50.4M	50x	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1686	+0.006%	$27K	$512	5x	as long as short
Lighter TRUMP	+0.0008%	1h	2.1665	−0.091%	$957K	$976K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1671	−0.062%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0011%	4h	2.1660	−0.114%	$4K	$189K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0042%	4h	2.1666	−0.084%	$182K	$4.7M	10x	as long as short
Aevo TRUMP-PERP	+0.0056%	1h	2.1638	−0.214%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1690	+0.024%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1678	−0.032%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1675	−0.047%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1670	−0.068%	$27.7M	$179.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1660	−0.114%	$406K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1670	−0.068%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1670	−0.068%	$15.6M	$26.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1680	−0.022%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1700	+0.070%	$495K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0125%	4h	2.1710	+0.116%	$4.2M	$664K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1675	−0.044%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1677	−0.035%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0194%	1h	2.1685	+0.001%	$384K	$399K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1670	−0.068%	$280K	$277K	50x	as long as short