Funding you earn now, next payment 04:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Bitget−0.161%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.161% cheaper against Bitget than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 | Bitget TRUMPUSDT | 2.1520 | 0.0100 | pay 0.0050% / 4h | 40m 35s | $15.5M | $25.6M | 75x |
| Short | gTrade (Gains Network) TRUMP/USD | 2.1485 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 40m 35s | $40K | — | 150x |
Bitget TRUMPUSDT
gTrade (Gains Network) TRUMP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bitget. 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
- −$19.62
- Price spread: −0.161% → 0.000%
- −$16.08
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$57.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; gTrade (Gains Network): 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 Bitget live order book, 3 min ago | 2.32 bp | 8.3 bp −$8 | 14.6 bp −$146 | 50.9 bp −$5,085 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 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 | −0.1690% | 1h | 2.1380 | −0.651% | $12K | $157K | 12x | as long as short |
| SoDEX TRUMP-USD | −0.0305% | 1h | 2.1475 | −0.209% | $91 | $6K | 5x | as long as short |
| Lighter TRUMP | −0.0256% | 1h | 2.1503 | −0.079% | $951K | $933K | 10x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1461 | −0.273% | $5 | — | 10x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0215% | 1h | 2.1475 | −0.209% | $404K | $72K | 10x | as long as short |
| Gate TRUMP_USDT | −0.0088% | 4h | 2.1510 | −0.046% | $7.6M | $50.6M | 75x | as long as short |
| Variational Omni TRUMP | −0.0012% | 4h | 2.1461 | −0.274% | $657K | $482K | — | as long as short |
| dYdX TRUMP-USD | −0.0005% | 1h | 2.1532 | +0.055% | $27K | $512 | 5x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0007% | 8h | 2.1505 | −0.070% | $5K | $175 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USDshort | L +0.0008% / S −0.0007% | 1h | 2.1485 | −0.161% | $40K | — | 150x |
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Lighter TRUMP
Reya TRUMPRUSDPERP
Deribit TRUMP_USDC-PERPETUAL
Gate TRUMP_USDT
Variational Omni TRUMP
dYdX TRUMP-USD
Paradex TRUMP-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUMPUSDT | +0.0010% | 4h | 2.1520 | 0.000% | $30.6M | $49.3M | 50x | as long as short |
| edgeX TRUMPUSDC | +0.0016% | 4h | 2.1508 | −0.057% | $105K | $263K | 20x | as long as short |
| Binance TRUMPUSDT | +0.0023% | 4h | 2.1520 | 0.000% | $60.5M | $241.2M | 75x | as long as short |
| Extended TRUMP-USD | +0.0024% | 1h | 2.1500 | −0.095% | $74K | $745K | 25x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0049% | 4h | 2.1460 | −0.279% | $4K | $215K | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0088% | 1h | 2.1456 | −0.296% | $19K | — | 3x | as long as short |
| BloFin TRUMP-USDT | +0.0091% | 4h | 2.1480 | −0.186% | $4.1M | $677K | 75x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1539 | +0.088% | $14.2M | $7.3M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1532 | +0.054% | $423K | $826K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1530 | +0.046% | $185K | $53K | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1510 | −0.046% | $27.2M | $172.4M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1510 | −0.046% | $406K | $150K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1510 | −0.046% | $4.3M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDTlong | +0.0100% | 4h | 2.1520 | long leg | $15.5M | $25.6M | 75x | |
| Backpack TRUMP_USDC_PERP | +0.0100% | 1h | 2.1501 | −0.088% | $252K | $319K | 10x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1469 | −0.236% | $185K | $4.5M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1500 | −0.093% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1490 | −0.139% | $498K | $2.1M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0216% / S −0.0188% | 1h | 2.1479 | −0.190% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0221% | 1h | 2.1504 | −0.075% | $1.3M | $2.2M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0472% | 1h | 2.1480 | −0.186% | $278K | $281K | 50x | as long as short |
Bybit TRUMPUSDT
edgeX TRUMPUSDC
Binance TRUMPUSDT
Extended TRUMP-USD
Orderly PERP_TRUMP_USDC
Aevo TRUMP-PERP
BloFin TRUMP-USDT
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Backpack TRUMP_USDC_PERP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX