TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.016%

Price spread now: edgeX against Variational Omni−0.328%7-day average −0.028% · you buy dearer than you sell

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 3 days (all we have)+0.300%+$30 · spread now −0.328%, 7d avg −0.028%

Together, before fees+0.309%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$31 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 edgeX is 0.300% cheaper against Variational Omni than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.028%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TRUMP	2.2101	0.0100	pay 0.0050% / 4h	3h 24m	$707K	$435K	—
Short	edgeX TRUMPUSDC	2.2029	0.0050	get 0.0025% / 4h	3h 24m	$120K	$249K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.328%Rate

Funding earned: −$10.5
Price spread: −0.328% → −0.028%: −$29.96
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$49.46
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 49 min ago; edgeX: live order book, 47 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, 49 min ago	5.02 bp	doesn't fit	15.1 bp −$151	doesn't fit	doesn't fit
Sell edgeX live order book, 47 min ago	6.87 bp	13.9 bp −$14	38.2 bp −$382	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	2.1910	−0.866%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2117	+0.069%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2092	−0.042%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2138	+0.166%	$415K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2136	+0.155%	$42K	—	150x	as long as short
edgeX TRUMPUSDCshort	+0.0050%	4h	2.2029	−0.328%	$120K	$249K	20x
Lighter TRUMP	+0.0096%	1h	2.2159	+0.261%	$984K	$777K	10x	as long as short
Orderly PERP_TRUMP_USDC	+0.0097%	4h	2.2120	+0.084%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.2104	+0.010%	$5K	$95	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2168	+0.302%	$461K	$836K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.2120	+0.083%	$191K	$53K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2175	+0.335%	$63.3M	$222.2M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2160	+0.265%	$31.1M	$44.5M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2170	+0.311%	$27.5M	$155.2M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2160	+0.265%	$7.7M	$47.4M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2150	+0.220%	$480K	$133K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2160	+0.265%	$4.4M	$10.5M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2180	+0.356%	$16.2M	$22.0M	75x	as long as short
Variational Omni TRUMPlong	+0.0100%	4h	2.2101	long leg	$707K	$435K	—
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2052	−0.222%	$184K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2140	+0.175%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2148	+0.211%	$75	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2170	+0.311%	$560K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2170	+0.311%	$79K	$601K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2120	+0.084%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0164%	1h	2.2185	+0.378%	$14.4M	$6.6M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.2133	+0.145%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2170	+0.311%	$4.2M	$632K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0462%	1h	2.2197	+0.433%	$282K	$289K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.1790	−1.409%	$283K	$271K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0777%	1h	2.2174	+0.331%	$1.3M	$2.5M	50x	as long as short