TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: gTrade (Gains Network) against Deribit−0.001%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on gTrade (Gains Network)

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—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TRUMP_USDC-PERPETUAL	2.1926	0	get 0.0000% / 1h	6m 24s	$411K	$76K	10x
Short	gTrade (Gains Network) TRUMP/USD	2.1926	L +0.0008% / S −0.0007%	get 0.0001% / 1h	6m 24s	$41K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Deribit. 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 DeribitbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.001%Rate

Funding earned: $1.38
Price spread: −0.001% → 0.000%: −$0.09
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$15.71
Costs to cover: 0.170%
Break-even: 86.7 days

Slippage unknown: Deribit: live order book, 12 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 Deribit live order book, 12 min ago	5.71 bp	11.0 bp −$11	21.0 bp −$210	doesn't fit	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	−0.1472%	1h	2.1800	−0.575%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1927	+0.005%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1905	−0.096%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUALlong	0.0000%	1h	2.1926	long leg	$411K	$76K	10x
gTrade (Gains Network) TRUMP/USDshort	L +0.0008% / S −0.0007%	1h	2.1926	−0.001%	$41K	—	150x
edgeX TRUMPUSDC	+0.0050%	4h	2.1888	−0.173%	$119K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0087%	4h	2.1910	−0.073%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0093%	8h	2.1914	−0.055%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1910	−0.073%	$986K	$723K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1953	+0.121%	$14.1M	$7.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.1943	+0.078%	$456K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1920	−0.029%	$189K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1930	+0.018%	$62.5M	$220.6M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1920	−0.027%	$30.6M	$43.4M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1920	−0.027%	$26.9M	$151.0M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1920	−0.027%	$7.4M	$47.5M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1910	−0.073%	$481K	$134K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1930	+0.018%	$4.6M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1930	+0.018%	$15.5M	$21.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1882	−0.200%	$692K	$270K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1911	−0.067%	$190K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1950	+0.109%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1918	−0.036%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1900	−0.119%	$528K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1916	−0.048%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1915	−0.050%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1930	+0.017%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0338%	1h	2.1931	+0.023%	$259K	$274K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1910	−0.073%	$4.2M	$626K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1890	−0.164%	$282K	$401K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0521%	1h	2.1944	+0.083%	$1.3M	$2.5M	50x	as long as short