TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0345%/8h= +37.8% APRnext payment +$0.43 per $10,000 · paid last 24h +0.106%

Price spread now: Hyperliquid against Reya+0.145%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 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 · Hyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.145% dearer against Reya than usual: you sell high and buy low: +$15 more if the spread 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	Reya TRUMPRUSDPERP	2.1911	−0.0245	get 0.0031% / 1h	15m 35s	$5	—	10x
Short	Hyperliquid TRUMP	2.1943	0.0100	get 0.0013% / 1h	15m 35s	$14.3M	$7.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Reya. 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 ReyabpFee HyperliquidbpOrdersPrice spread, now +0.145%Rate

Funding earned: $72.42
Price spread: +0.145% → 0.000%: $14.53
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $71.94
Costs to cover: 0.150%
Break-even: 0.0 days

Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 7 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 Reya no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 7 min ago	0.91 bp	7.5 bp −$8	doesn't fit	doesn't fit	doesn't fit

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 30 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	−0.1623%	1h	2.1890	−0.097%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERPlong	−0.0245%	1h	2.1911	long leg	$5	—	10x
Gate TRUMP_USDT	−0.0074%	4h	2.1890	−0.097%	$7.7M	$49.5M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1896	−0.071%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1891	−0.092%	$412K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1895	−0.074%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1945	+0.155%	$107K	$263K	20x	as long as short
SoDEX TRUMP-USD	+0.0063%	1h	2.1880	−0.142%	$77	$6K	5x	as long as short
Lighter TRUMP	+0.0064%	1h	2.1874	−0.170%	$973K	$792K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0070%	8h	2.1889	−0.100%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1880	−0.142%	$4K	$239K	10x	as long as short
Hyperliquid TRUMPshort	+0.0100%	1h	2.1943	+0.145%	$14.3M	$7.2M	10x
Aster TRUMPUSDT	+0.0100%	4h	2.1901	−0.046%	$433K	$859K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1897	−0.065%	$189K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1891	−0.093%	$63.6M	$236.8M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1890	−0.097%	$31.4M	$48.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1920	+0.040%	$28.6M	$171.2M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1860	−0.234%	$435K	$147K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1890	−0.097%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1920	+0.040%	$15.6M	$24.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1871	−0.184%	$689K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1996	+0.389%	$182K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1910	−0.005%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1930	+0.086%	$556K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1890	−0.098%	$76K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1880	−0.142%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1891	−0.090%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0265%	1h	2.1903	−0.037%	$256K	$321K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0515%	1h	2.1907	−0.020%	$1.3M	$2.4M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.1880	−0.142%	$284K	$303K	50x	as long as short