Funding you earn now, next payment 09:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.175%
Price spread now: Reya against Coinbase International+0.072%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Reya is 0.072% dearer against Coinbase International than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TRUMP-PERP-INTX | 2.1520 | −0.0240 | get 0.0030% / 1h | 14m 05s | $132K | $517K | 50x |
| Short | Reya TRUMPRUSDPERP | 2.1535 | −0.0245 | pay 0.0031% / 1h | 14m 05s | $5 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.01
- Price spread: +0.072% → 0.000%
- $7.19
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$9.81
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 37 min ago; Reya: 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 Coinbase International live order book, 37 min ago | 6.99 bp | 12.0 bp −$12 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 32 exchanges
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 | −0.1841% | 1h | 2.1600 | +0.372% | $13K | $157K | 12x | as long as short |
| Variational Omni TRUMP | −0.0368% | 4h | 2.1560 | +0.188% | $669K | $403K | — | as long as short |
| SoDEX TRUMP-USD | −0.0329% | 1h | 2.1545 | +0.116% | $67 | $6K | 5x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0327% | 4h | 2.1540 | +0.093% | $27.3M | $177.0M | 50x | as long as short |
| Bybit TRUMPUSDT | −0.0322% | 4h | 2.1550 | +0.139% | $31.4M | $49.4M | 50x | as long as short |
| Binance TRUMPUSDT | −0.0299% | 4h | 2.1550 | +0.139% | $63.3M | $240.9M | 75x | as long as short |
| Extended TRUMP-USD | −0.0296% | 1h | 2.1528 | +0.038% | $74K | $494K | 25x | as long as short |
| Lighter TRUMP | −0.0256% | 1h | 2.1540 | +0.093% | $931K | $980K | 10x | as long as short |
| Reya TRUMPRUSDPERPshort | −0.0245% | 1h | 2.1535 | +0.072% | $5 | — | 10x | |
| Gate TRUMP_USDT | −0.0240% | 4h | 2.1550 | +0.139% | $7.8M | $48.5M | 75x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TRUMP-PERP-INTXlong | −0.0240% | 1h | 2.1520 | long leg | $132K | $517K | 50x | |
| Deribit TRUMP_USDC-PERPETUAL | −0.0214% | 1h | 2.1546 | +0.121% | $387K | $78K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0208% | 8h | 2.1532 | +0.058% | $5K | $175 | 5x | as long as short |
| edgeX TRUMPUSDC | −0.0149% | 4h | 2.1544 | +0.112% | $105K | $254K | 20x | as long as short |
| KuCoin TRUMPUSDTM | −0.0120% | 4h | 2.1540 | +0.093% | $4.2M | $10.2M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.0098% | 4h | 2.1520 | 0.000% | $392K | $151K | 125x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0077% | 4h | 2.1530 | +0.046% | $5K | $311K | 10x | as long as short |
| BloFin TRUMP-USDT | −0.0059% | 4h | 2.1540 | +0.093% | $4.3M | $678K | 75x | as long as short |
| Bitget TRUMPUSDT | −0.0020% | 4h | 2.1570 | +0.232% | $15.4M | $25.6M | 75x | as long as short |
| dYdX TRUMP-USD | −0.0006% | 1h | 2.1576 | +0.259% | $26K | $3K | 5x | as long as short |
| Aevo TRUMP-PERP | +0.0008% | 1h | 2.1528 | +0.039% | $19K | — | 3x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1564 | +0.202% | $41K | — | 150x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0016% | 1h | 2.1573 | +0.248% | $1.3M | $2.1M | 50x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0030% | 4h | 2.1560 | +0.186% | $172K | $4.1M | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1565 | +0.209% | $13.7M | $7.7M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1550 | +0.139% | $406K | $655K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1549 | +0.135% | $185K | $54K | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1560 | +0.186% | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1560 | +0.186% | $496K | $2.4M | 50x | as long as short |
| Phemex TRUMPUSDT | +0.0100% | 4h | 2.1560 | +0.186% | $97K | $253K | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0188% / S −0.0182% | 1h | 2.1578 | +0.271% | $11K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0226% | 1h | 2.1577 | +0.265% | $385K | $402K | 10x | as long as short |
Coinbase International TRUMP-PERP-INTX
Injective TRUMP/USDC PERP
Variational Omni TRUMP
SoDEX TRUMP-USD
OKX TRUMP-USDT-SWAP
Bybit TRUMPUSDT
Binance TRUMPUSDT
Extended TRUMP-USD
Lighter TRUMP
Gate TRUMP_USDT
Deribit TRUMP_USDC-PERPETUAL
Paradex TRUMP-USD-PERP
edgeX TRUMPUSDC
KuCoin TRUMPUSDTM
MEXC TRUMP_USDC
BloFin TRUMP-USDT
Bitget TRUMPUSDT
gTrade (Gains Network) TRUMP/USD
Kraken Futures PF_TRUMPUSD
GRVT TRUMP_USDT_Perp
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
SunX TRUMP-USDT
HTX TRUMP-USDT
Phemex TRUMPUSDT
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP