TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.10 per $10,000 · paid last 24h +0.006%

Price spread now: Bybit against Variational Omni+0.087%7-day average +0.006% · you sell dearer than you buy

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

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.036%+$4 on $10k

Price spread, last 7 days−0.084%−$8 · spread now +0.087%, 7d avg +0.006%

Together, before fees−0.048%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.081% dearer against Variational Omni than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.006%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TRUMP	2.1531	−0.0180	get 0.0090% / 4h	2h 02m	$664K	$426K	—
Short	Bybit TRUMPUSDT	2.1550	−0.0201	pay 0.0101% / 4h	2h 02m	$30.6M	$52.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$4.35
Price spread: +0.087% → +0.006%: $8.13
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$7.22
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 46 min ago; Bybit: live order book, 1 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 Variational Omni RFQ quote, 46 min ago	5.05 bp	doesn't fit	10.6 bp −$106	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.32 bp	7.9 bp −$8	16.2 bp −$162	96.7 bp −$9,672	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	−0.1827%	1h	2.1440	−0.424%	$12K	$157K	12x	as long as short
Lighter TRUMP	−0.0336%	1h	2.1516	−0.071%	$951K	$1.0M	10x	as long as short
Extended TRUMP-USD	−0.0272%	1h	2.1529	−0.013%	$74K	$739K	25x	as long as short
SoDEX TRUMP-USD	−0.0268%	1h	2.1545	+0.064%	$82	$6K	5x	as long as short
Binance TRUMPUSDT	−0.0267%	4h	2.1549	+0.083%	$60.8M	$251.4M	75x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1531	−0.001%	$5	—	10x	as long as short
Bybit TRUMPUSDTshort	−0.0201%	4h	2.1550	+0.087%	$30.6M	$52.2M	50x
Variational Omni TRUMPlong	−0.0180%	4h	2.1531	long leg	$664K	$426K	—
Paradex TRUMP-USD-PERP	−0.0151%	8h	2.1516	−0.071%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0138%	4h	2.1533	+0.006%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0114%	4h	2.1530	−0.006%	$7.7M	$54.0M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0085%	4h	2.1520	−0.052%	$26.6M	$185.1M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0063%	4h	2.1550	+0.087%	$4K	$234K	10x	as long as short
BloFin TRUMP-USDT	−0.0031%	4h	2.1540	+0.041%	$4.1M	$690K	75x	as long as short
dYdX TRUMP-USD	−0.0015%	1h	2.1556	+0.116%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1550	+0.087%	$406K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1543	+0.055%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1527	−0.018%	$19K	—	3x	as long as short
GRVT TRUMP_USDT_Perp	+0.0034%	4h	2.1517	−0.065%	$182K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1537	+0.027%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1555	+0.110%	$405K	$774K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1532	+0.004%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1530	−0.006%	$401K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1530	−0.006%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	+0.041%	$15.4M	$27.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1560	+0.134%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1560	+0.134%	$486K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1540	+0.042%	$9K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0197%	1h	2.1577	+0.210%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0282%	1h	2.1578	+0.217%	$384K	$413K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1540	+0.041%	$214K	$410K	50x	as long as short