TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h −0.016%

Price spread now: edgeX against Variational Omni+0.306%74s7-day average −0.019% · you sell dearer than you buy

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.306%, 7d avg −0.019%

Together, before fees−0.319%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.325% dearer against Variational Omni than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.019%. The two prices were read 74 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	Variational Omni TRUMP	2.1581	0.0044	pay 0.0022% / 4h	1h 04m	$661K	$475K	—
Short	edgeX TRUMPUSDC	2.1647	0.0050	get 0.0025% / 4h	1h 04m	$106K	$264K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 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 Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.306%Rate

Funding earned: $1.28
Price spread: +0.306% → −0.019%: $32.49
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $24.77
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 60 min ago; edgeX: live order book, 58 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, 60 min ago	4.98 bp	doesn't fit	16.7 bp −$167	doesn't fit	doesn't fit
Sell edgeX live order book, 58 min ago	6.83 bp	14.0 bp −$14	37.9 bp −$379	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	−0.1659%	1h	2.1490	−0.421%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1501	−0.368%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0088%	1h	2.1555	−0.120%	$85	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0042%	4h	2.1520	−0.282%	$7.6M	$50.4M	75x	as long as short
Lighter TRUMP	−0.0032%	1h	2.1561	−0.092%	$952K	$933K	10x	as long as short
Bybit TRUMPUSDT	−0.0004%	4h	2.1540	−0.189%	$30.6M	$49.0M	50x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1566	−0.070%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1555	−0.120%	$406K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1545	−0.167%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0023%	8h	2.1553	−0.127%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMPlong	+0.0044%	4h	2.1581	long leg	$661K	$475K	—
edgeX TRUMPUSDCshort	+0.0050%	4h	2.1647	+0.306%	$106K	$264K	20x
Orderly PERP_TRUMP_USDC	+0.0067%	4h	2.1540	−0.189%	$4K	$233K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1529	−0.240%	$14.2M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1542	−0.181%	$426K	$830K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1566	−0.067%	$186K	$53K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1530	−0.235%	$62.3M	$239.2M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1530	−0.235%	$27.2M	$170.8M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1510	−0.328%	$412K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1520	−0.282%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1550	−0.143%	$15.6M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1599	+0.084%	$253K	$317K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1690	+0.506%	$177K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1580	−0.004%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1560	−0.096%	$526K	$2.1M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1535	−0.214%	$74K	$747K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1545	−0.166%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1544	−0.171%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0291%	1h	2.1594	+0.062%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1570	−0.050%	$4.3M	$662K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1570	−0.050%	$280K	$284K	50x	as long as short