TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.36 per $10,000 · paid last 24h +0.004%

Price spread now: Variational Omni against Gate−0.274%7-day average −0.023% · you buy dearer than you sell

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.091%−$9 on $10k

Price spread, last 7 days+0.254%+$25 · spread now −0.274%, 7d avg −0.023%

Together, before fees+0.163%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.251% cheaper against Gate than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUMP_USDT	2.1440	−0.0074	get 0.0037% / 4h	1h 27m	$7.7M	$53.6M	75x
Short	Variational Omni TRUMP	2.1381	−0.0145	pay 0.0073% / 4h	1h 27m	$660K	$424K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now −0.274%Rate

Funding earned: −$14.94
Price spread: −0.274% → −0.023%: −$25.09
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$55.03
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; Variational Omni: RFQ quote, 16 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 Gate live order book, 1 min ago	4.68 bp	13.9 bp −$14	31.4 bp −$314	79.9 bp −$7,992	doesn't fit
Sell Variational Omni RFQ quote, 16 min ago	5.06 bp	doesn't fit	13.5 bp −$135	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	−0.1927%	1h	2.1260	−0.840%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1372	−0.319%	$5	—	10x	as long as short
Extended TRUMP-USD	−0.0200%	1h	2.1430	−0.047%	$74K	$601K	25x	as long as short
Binance TRUMPUSDT	−0.0195%	4h	2.1430	−0.045%	$60.5M	$251.8M	75x	as long as short
Variational Omni TRUMPshort	−0.0145%	4h	2.1381	−0.274%	$660K	$424K	—
edgeX TRUMPUSDC	−0.0104%	4h	2.1375	−0.302%	$104K	$265K	20x	as long as short
OKX TRUMP-USDT-SWAP	−0.0102%	4h	2.1420	−0.093%	$26.4M	$184.7M	50x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0099%	1h	2.1423	−0.081%	$1.3M	$2.3M	50x	as long as short
Gate TRUMP_USDTlong	−0.0074%	4h	2.1440	long leg	$7.7M	$53.6M	75x
Bybit TRUMPUSDT	−0.0059%	4h	2.1420	−0.093%	$30.5M	$52.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	−0.0058%	4h	2.1390	−0.233%	$5K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0051%	8h	2.1415	−0.118%	$5K	$175	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0030%	1h	2.1408	−0.149%	$403K	$81K	10x	as long as short
SoDEX TRUMP-USD	−0.0011%	1h	2.1395	−0.210%	$82	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1443	+0.012%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1409	−0.146%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1386	−0.251%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0040%	4h	2.1370	−0.326%	$4.1M	$683K	75x	as long as short
Lighter TRUMP	+0.0088%	1h	2.1422	−0.084%	$946K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1456	+0.075%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1440	−0.002%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1435	−0.023%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1420	−0.093%	$398K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1450	+0.047%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1430	−0.047%	$15.3M	$27.2M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1390	−0.233%	$175K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1410	−0.140%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1410	−0.140%	$481K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1419	−0.099%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1360	−0.373%	$202K	$421K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0377%	1h	2.1451	+0.051%	$380K	$416K	10x	as long as short