Funding you earn now, next payment 12:00 UTC+0.0420%/8h= +46.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.025%
Price spread now: Aster against Variational Omni+0.788%7-day average +0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.926%−$93 · spread now +0.788%, 7d avg +0.028%
=Together, before fees−0.859%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$86 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Aster is 0.760% dearer against Variational Omni than usual: you sell high and buy low: +$76 more if the spread goes back to its 7-day average of +0.028%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.067% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRUMP | 2.1381 | −0.0320 | get 0.0160% / 4h | 3h 26m | $663K | $419K | — |
| Short | Aster TRUMPUSDT | 2.1550 | 0.0100 | get 0.0050% / 4h | 3h 26m | $410K | $679K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $88.25
- Price spread: +0.788% → +0.028%
- $76.04
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $156.3
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 7 min ago; Aster: live order book, 6 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 Variational Omni RFQ quote, 7 min ago | 5.06 bp | doesn't fit | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 4.68 bp | 13.0 bp −$13 | 24.2 bp −$242 | 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 | −0.1829% | 1h | 2.1350 | −0.147% | $12K | $157K | 12x | as long as short |
| Bybit TRUMPUSDT | −0.0473% | 4h | 2.1530 | +0.695% | $31.0M | $51.7M | 50x | as long as short |
| SoDEX TRUMP-USD | −0.0359% | 1h | 2.1515 | +0.625% | $69 | $6K | 5x | as long as short |
| Variational Omni TRUMPlong | −0.0320% | 4h | 2.1381 | long leg | $663K | $419K | — | |
| OKX TRUMP-USDT-SWAP | −0.0251% | 4h | 2.1520 | +0.648% | $27.0M | $182.9M | 50x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1494 | +0.526% | $5 | — | 10x | as long as short |
| Extended TRUMP-USD | −0.0240% | 1h | 2.1529 | +0.689% | $74K | $492K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0240% | 4h | 2.1540 | +0.741% | $62.7M | $247.7M | 75x | as long as short |
| Gate TRUMP_USDT | −0.0216% | 4h | 2.1540 | +0.741% | $7.7M | $50.1M | 75x | as long as short |
| Lighter TRUMP | −0.0200% | 1h | 2.1527 | +0.681% | $942K | $991K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRUMP-USD-PERP | −0.0147% | 8h | 2.1504 | +0.575% | $5K | $175 | 5x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0136% | 1h | 2.1410 | +0.133% | $148K | $493K | 50x | as long as short |
| edgeX TRUMPUSDC | −0.0126% | 4h | 2.1390 | +0.040% | $104K | $254K | 20x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0121% | 1h | 2.1527 | +0.681% | $389K | $81K | 10x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0096% | 4h | 2.1520 | +0.648% | $5K | $299K | 10x | as long as short |
| KuCoin TRUMPUSDTM | −0.0050% | 4h | 2.1530 | +0.695% | $4.1M | $10.6M | 50x | as long as short |
| dYdX TRUMP-USD | −0.0018% | 1h | 2.1536 | +0.724% | $26K | $2K | 5x | as long as short |
| BloFin TRUMP-USDT | 0.0000% | 4h | 2.1540 | +0.741% | $4.2M | $688K | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1447 | +0.306% | $40K | — | 150x | as long as short |
| Bitget TRUMPUSDT | +0.0014% | 4h | 2.1540 | +0.741% | $15.3M | $26.4M | 75x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0020% | 4h | 2.1400 | +0.087% | $176K | $4.3M | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0024% | 1h | 2.1531 | +0.698% | $19K | — | 3x | as long as short |
| MEXC TRUMP_USDC | +0.0082% | 4h | 2.1520 | +0.648% | $398K | $149K | 125x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1546 | +0.768% | $13.6M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDTshort | +0.0100% | 4h | 2.1550 | +0.788% | $410K | $679K | 20x | |
| Pacifica TRUMP | +0.0100% | 1h | 2.1534 | +0.715% | $185K | $54K | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1550 | +0.788% | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1530 | +0.695% | $498K | $2.5M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0121% | 1h | 2.1542 | +0.751% | $1.3M | $2.2M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0136% / S −0.0098% | 1h | 2.1537 | +0.726% | $9K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0332% | 1h | 2.1552 | +0.798% | $381K | $421K | 10x | as long as short |
Variational Omni TRUMP
Aster TRUMPUSDT
Injective TRUMP/USDC PERP
Bybit TRUMPUSDT
SoDEX TRUMP-USD
OKX TRUMP-USDT-SWAP
Extended TRUMP-USD
Binance TRUMPUSDT
Gate TRUMP_USDT
Lighter TRUMP
Paradex TRUMP-USD-PERP
Coinbase International TRUMP-PERP-INTX
edgeX TRUMPUSDC
Deribit TRUMP_USDC-PERPETUAL
KuCoin TRUMPUSDTM
BloFin TRUMP-USDT
gTrade (Gains Network) TRUMP/USD
Bitget TRUMPUSDT
GRVT TRUMP_USDT_Perp
MEXC TRUMP_USDC
Hyperliquid TRUMP
Pacifica TRUMP
SunX TRUMP-USDT
HTX TRUMP-USDT
Kraken Futures PF_TRUMPUSD
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP