TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.1597%/8h= +174.8% APRnext payment +$2.00 per $10,000 · paid last 24h +0.425%

Price spread now: Reya against Injective+0.236%52s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Reya is 0.236% dearer against Injective than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective TRUMP/USDC PERP	2.1600	−0.1841	get 0.0230% / 1h	56m 11s	$13K	$157K	12x
Short	Reya TRUMPRUSDPERP	2.1651	−0.0245	pay 0.0031% / 1h	56m 11s	$5	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Injective. 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 InjectivebpFee ReyabpOrdersPrice spread, now +0.236%Rate

Funding earned: $335.28
Price spread: +0.236% → 0.000%: $23.56
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: $352.82
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Injective: live order book, 23 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 Injective live order book, 23 min ago	39.23 bp	55.4 bp −$55	doesn't fit	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 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 PERPlong	−0.1841%	1h	2.1600	long leg	$13K	$157K	12x
SoDEX TRUMP-USD	−0.0340%	1h	2.1665	+0.301%	$67	$6K	5x	as long as short
Variational Omni TRUMP	−0.0335%	4h	2.1731	+0.606%	$675K	$419K	—	as long as short
Bybit TRUMPUSDT	−0.0304%	4h	2.1660	+0.278%	$31.3M	$50.5M	50x	as long as short
Lighter TRUMP	−0.0272%	1h	2.1661	+0.282%	$942K	$967K	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0257%	1h	2.1675	+0.347%	$389K	$73K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0252%	4h	2.1640	+0.185%	$27.4M	$180.5M	50x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1659	+0.272%	$77K	$492K	25x	as long as short
Binance TRUMPUSDT	−0.0247%	4h	2.1653	+0.244%	$63.4M	$244.7M	75x	as long as short
Reya TRUMPRUSDPERPshort	−0.0245%	1h	2.1651	+0.236%	$5	—	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International TRUMP-PERP-INTX	−0.0240%	1h	2.1680	+0.370%	$142K	$513K	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0142%	8h	2.1691	+0.421%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0134%	4h	2.1670	+0.324%	$7.8M	$47.6M	75x	as long as short
edgeX TRUMPUSDC	−0.0120%	4h	2.1706	+0.492%	$106K	$254K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0078%	4h	2.1680	+0.370%	$5K	$322K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0058%	4h	2.1680	+0.370%	$4.2M	$10.5M	50x	as long as short
dYdX TRUMP-USD	−0.0030%	1h	2.1698	+0.452%	$26K	$2K	5x	as long as short
BloFin TRUMP-USDT	−0.0007%	4h	2.1740	+0.648%	$4.3M	$693K	75x	as long as short
Bitget TRUMPUSDT	−0.0004%	4h	2.1690	+0.417%	$15.4M	$26.0M	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1764	+0.759%	$41K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0015%	1h	2.1696	+0.444%	$1.3M	$2.2M	50x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1665	+0.301%	$19K	—	3x	as long as short
MEXC TRUMP_USDC	+0.0044%	4h	2.1670	+0.324%	$402K	$147K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1699	+0.458%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1683	+0.383%	$412K	$651K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1701	+0.468%	$187K	$54K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1734	+0.618%	$177K	$4.1M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1700	+0.463%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1680	+0.370%	$502K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1670	+0.324%	$3K	$38K	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0170% / S −0.0143%	1h	2.1687	+0.401%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0182%	1h	2.1747	+0.681%	$387K	$411K	10x	as long as short