TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0278%/8h= +30.5% APRnext payment +$0.35 per $10,000 · paid last 24h −0.431%

Price spread now: Injective against Reya+1.076%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 Injective

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 +$8 a day on $10k at the current rate, and Injective is 1.076% dearer against Reya than usual: you sell high and buy low: +$108 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	2.1370	−0.0245	get 0.0031% / 1h	26m 39s	$5	—	10x
Short	Injective TRUMP/USDC PERP	2.1600	0.0033	get 0.0004% / 1h	26m 39s	$13K	$157K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +1.076%Rate

Funding earned: $58.41
Price spread: +1.076% → 0.000%: $107.64
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $160.02
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Injective: live order book, 20 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 Injective live order book, 20 min ago	30.32 bp	35.3 bp −$35	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 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
SoDEX TRUMP-USD	−0.0488%	1h	2.1365	−0.023%	$77	$6K	5x	as long as short
Variational Omni TRUMP	−0.0409%	4h	2.1300	−0.328%	$662K	$400K	—	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0404%	1h	2.1383	+0.061%	$384K	$78K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0375%	4h	2.1310	−0.281%	$26.9M	$172.2M	50x	as long as short
Bybit TRUMPUSDT	−0.0370%	4h	2.1320	−0.234%	$31.2M	$48.4M	50x	as long as short
Extended TRUMP-USD	−0.0368%	1h	2.1298	−0.338%	$73K	$493K	25x	as long as short
Binance TRUMPUSDT	−0.0366%	4h	2.1320	−0.234%	$62.9M	$238.3M	75x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0296%	1h	2.1250	−0.561%	$130K	$511K	50x	as long as short
Lighter TRUMP	−0.0272%	1h	2.1331	−0.182%	$917K	$960K	10x	as long as short
Reya TRUMPRUSDPERPlong	−0.0245%	1h	2.1370	long leg	$5	—	10x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0230%	4h	2.1340	−0.140%	$7.6M	$47.7M	75x	as long as short
MEXC TRUMP_USDC	−0.0220%	4h	2.1310	−0.281%	$386K	$143K	125x	as long as short
Paradex TRUMP-USD-PERP	−0.0220%	8h	2.1315	−0.256%	$5K	$175	5x	as long as short
KuCoin TRUMPUSDTM	−0.0184%	4h	2.1360	−0.047%	$4.3M	$10.2M	50x	as long as short
edgeX TRUMPUSDC	−0.0179%	4h	2.1337	−0.153%	$104K	$253K	20x	as long as short
BloFin TRUMP-USDT	−0.0124%	4h	2.1360	−0.047%	$4.3M	$690K	75x	as long as short
Orderly PERP_TRUMP_USDC	−0.0088%	4h	2.1370	0.000%	$5K	$299K	10x	as long as short
Bitget TRUMPUSDT	−0.0052%	4h	2.1320	−0.234%	$15.4M	$24.8M	75x	as long as short
Aevo TRUMP-PERP	−0.0008%	1h	2.1365	−0.023%	$19K	—	3x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1360	−0.047%	$25K	$3K	5x	as long as short
GRVT TRUMP_USDT_Perp	0.0000%	4h	2.1304	−0.311%	$184K	$4.0M	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1382	+0.058%	$40K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0023%	1h	2.1406	+0.167%	$1.4M	$2.1M	50x	as long as short
Injective TRUMP/USDC PERPshort	+0.0033%	1h	2.1600	+1.076%	$13K	$157K	12x
Hyperliquid TRUMP	+0.0100%	1h	2.1367	−0.014%	$13.4M	$7.7M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1329	−0.190%	$402K	$643K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1339	−0.147%	$184K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1390	+0.094%	$2K	$1.4M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1390	+0.094%	$485K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1380	+0.047%	$199K	$460K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0135%	1h	2.1410	+0.187%	$382K	$391K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0205% / S −0.0204%	1h	2.1397	+0.125%	$10K	—	100x	as long as short