TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0238%/8h= −26.1% APRnext payment −$1.19 per $10,000 · paid last 24h −0.006%

Price spread now: Variational Omni against HTX+0.564%7-day average −0.085% · you sell dearer than you buy

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

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.123%−$12 on $10k

Price spread, last 4 days (all we have)−0.538%−$54 · spread now +0.564%, 7d avg −0.085%

Together, before fees−0.660%+ Points / potential airdropVariational Omni: Active · farm board−$66 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.649% dearer against HTX than usual: you sell high and buy low (spread +0.564% now, against its 7-day average of −0.085%): +$65 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9.1 days. At the pace of the last 4 days (−0.123% in total) that is about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TRUMP-USDT	2.1410	0.0100	pay 0.0050% / 4h	36m 50s	$481K	$2.4M	50x
Short	Variational Omni TRUMP	2.1531	−0.0138	pay 0.0069% / 4h	36m 50s	$665K	$423K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 HTXbpFee Variational OmnibpOrdersPrice spread, now +0.564%Rate

Funding earned: −$49.99
Price spread: +0.564% → −0.085%: $64.87
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $2.89
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: HTX: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 HTX live order book, 2 min ago	6.99 bp	14.4 bp −$14	93.1 bp −$931	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	5.05 bp	doesn't fit	16.4 bp −$164	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	−0.1797%	1h	2.1310	−0.467%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0301%	1h	2.1395	−0.070%	$80	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1396	−0.064%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0217%	1h	2.1407	−0.014%	$403K	$81K	10x	as long as short
Lighter TRUMP	−0.0208%	1h	2.1396	−0.065%	$935K	$1.0M	10x	as long as short
Binance TRUMPUSDT	−0.0169%	4h	2.1393	−0.079%	$60.6M	$250.9M	75x	as long as short
Extended TRUMP-USD	−0.0168%	1h	2.1404	−0.027%	$76K	$492K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0161%	4h	2.1380	−0.140%	$26.6M	$183.7M	50x	as long as short
Variational Omni TRUMPshort	−0.0138%	4h	2.1531	+0.564%	$665K	$423K	—
Bybit TRUMPUSDT	−0.0116%	4h	2.1390	−0.093%	$30.4M	$52.5M	50x	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	−0.0110%	4h	2.1410	0.000%	$7.6M	$53.2M	75x	as long as short
edgeX TRUMPUSDC	−0.0081%	4h	2.1453	+0.199%	$105K	$252K	20x	as long as short
Paradex TRUMP-USD-PERP	−0.0079%	8h	2.1421	+0.053%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	−0.0055%	4h	2.1400	−0.047%	$5K	$269K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1420	+0.047%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1414	+0.021%	$40K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0036%	4h	2.1410	0.000%	$4.1M	$10.9M	50x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1386	−0.112%	$19K	—	3x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1410	0.000%	$170K	$464K	50x	as long as short
BloFin TRUMP-USDT	+0.0073%	4h	2.1390	−0.093%	$4.1M	$700K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1427	+0.079%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1415	+0.023%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1414	+0.021%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1410	0.000%	$398K	$147K	125x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1400	−0.047%	$15.2M	$27.1M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1469	+0.275%	$172K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1420	+0.047%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDTlong	+0.0100%	4h	2.1410	long leg	$481K	$2.4M	50x
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1411	+0.002%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0291%	1h	2.1446	+0.168%	$383K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0600%	1h	2.1422	+0.057%	$1.3M	$2.3M	50x	as long as short