TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h +0.013%

Price spread now: Variational Omni against edgeX−0.164%7-day average +0.019% · you buy dearer than you sell

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.009%−$1 on $10k

Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.164%, 7d avg +0.019%

Together, before fees+0.182%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.183% cheaper against edgeX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1567	−0.0139	get 0.0069% / 4h	2h 05m	$105K	$264K	20x
Short	Variational Omni TRUMP	2.1531	−0.0180	pay 0.0090% / 4h	2h 05m	$664K	$426K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against edgeX. 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 edgeXbpFee Variational OmnibpOrdersPrice spread, now −0.164%Rate

Funding earned: −$8.76
Price spread: −0.164% → +0.019%: −$18.31
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$36.07
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 42 min ago; Variational Omni: RFQ quote, 44 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 edgeX live order book, 42 min ago	6.99 bp	14.4 bp −$14	39.6 bp −$396	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 44 min ago	5.05 bp	doesn't fit	16.8 bp −$168	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	−0.1827%	1h	2.1440	−0.587%	$12K	$157K	12x	as long as short
Lighter TRUMP	−0.0344%	1h	2.1536	−0.142%	$952K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	−0.0291%	1h	2.1545	−0.100%	$82	$6K	5x	as long as short
Binance TRUMPUSDT	−0.0276%	4h	2.1540	−0.123%	$60.7M	$251.7M	75x	as long as short
Extended TRUMP-USD	−0.0272%	1h	2.1529	−0.175%	$74K	$739K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1532	−0.163%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0205%	4h	2.1540	−0.123%	$30.6M	$52.3M	50x	as long as short
Variational Omni TRUMPshort	−0.0180%	4h	2.1531	−0.164%	$664K	$426K	—
Paradex TRUMP-USD-PERP	−0.0165%	8h	2.1520	−0.215%	$5K	$175	5x	as long as short
edgeX TRUMPUSDClong	−0.0139%	4h	2.1567	long leg	$105K	$264K	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0108%	4h	2.1550	−0.077%	$7.7M	$53.9M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0082%	4h	2.1530	−0.170%	$26.6M	$185.1M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0063%	4h	2.1530	−0.170%	$4K	$234K	10x	as long as short
BloFin TRUMP-USDT	−0.0036%	4h	2.1530	−0.170%	$4.1M	$690K	75x	as long as short
dYdX TRUMP-USD	−0.0016%	1h	2.1556	−0.049%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1543	−0.109%	$406K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1549	−0.083%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1525	−0.193%	$19K	—	3x	as long as short
GRVT TRUMP_USDT_Perp	+0.0034%	4h	2.1517	−0.229%	$182K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1549	−0.082%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1550	−0.077%	$405K	$774K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1536	−0.140%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1530	−0.170%	$401K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1540	−0.123%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	−0.123%	$15.4M	$27.0M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1550	−0.077%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1550	−0.077%	$486K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1551	−0.071%	$9K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0197%	1h	2.1569	+0.011%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0264%	1h	2.1573	+0.030%	$384K	$413K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1550	−0.077%	$215K	$408K	50x	as long as short