TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.002%

Price spread now: Orderly against Variational Omni−0.149%7-day average −0.027% · you buy dearer than you sell

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

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.149%, 7d avg −0.027%

Together, before fees+0.128%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Orderly is 0.122% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.027%). If the spread goes back, that is −$12 on $10k: about 2.3 days of funding at the current rate (+$5 a day). At the pace of the last 4 days (+0.028% in total) that is about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni TRUMP	2.1482	−0.0258	get 0.0129% / 4h	3m 05s	$663K	$421K	—
Short	Orderly PERP_TRUMP_USDC	2.1450	−0.0078	pay 0.0039% / 4h	3m 05s	$5K	$284K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.149%Rate

Funding earned: $37.88
Price spread: −0.149% → −0.027%: −$12.25
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $19.63
Costs to cover: 0.060%
Break-even: 3.4 days

Slippage unknown: Variational Omni: RFQ quote, 36 min ago; Orderly: 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 Variational Omni RFQ quote, 36 min ago	5.05 bp	doesn't fit	13.0 bp −$130	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.1797%	1h	2.1350	−0.615%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0403%	1h	2.1455	−0.126%	$74	$6K	5x	as long as short
Variational Omni TRUMPlong	−0.0258%	4h	2.1482	long leg	$663K	$421K	—
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1432	−0.233%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0225%	4h	2.1480	−0.010%	$30.5M	$52.2M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0216%	1h	2.1466	−0.075%	$404K	$65K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0206%	4h	2.1460	−0.103%	$26.8M	$183.6M	50x	as long as short
Binance TRUMPUSDT	−0.0200%	4h	2.1480	−0.010%	$60.7M	$249.1M	75x	as long as short
Extended TRUMP-USD	−0.0200%	1h	2.1450	−0.150%	$74K	$492K	25x	as long as short
Lighter TRUMP	−0.0192%	1h	2.1447	−0.163%	$937K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0127%	8h	2.1450	−0.151%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0106%	4h	2.1480	−0.010%	$7.7M	$53.4M	75x	as long as short
edgeX TRUMPUSDC	−0.0094%	4h	2.1498	+0.075%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDCshort	−0.0078%	4h	2.1450	−0.149%	$5K	$284K	10x
dYdX TRUMP-USD	−0.0014%	1h	2.1487	+0.023%	$27K	$501	5x	as long as short
KuCoin TRUMPUSDTM	−0.0002%	4h	2.1450	−0.149%	$4.1M	$10.8M	50x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1466	−0.076%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1440	−0.197%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0040%	4h	2.1480	−0.010%	$4.1M	$688K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1420	−0.289%	$167K	$480K	50x	as long as short
Bitget TRUMPUSDT	+0.0064%	4h	2.1470	−0.056%	$15.4M	$27.0M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1496	+0.065%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1497	+0.067%	$403K	$776K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1470	−0.056%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1460	−0.103%	$399K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1502	+0.092%	$175K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1470	−0.056%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1460	−0.103%	$493K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1470	−0.055%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0290%	1h	2.1502	+0.093%	$382K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0598%	1h	2.1486	+0.016%	$1.3M	$2.3M	50x	as long as short