TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.23 per $10,000 · paid last 24h +0.058%

Price spread now: GMX against Deribit+0.005%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on GMX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TRUMP_USDC-PERPETUAL	2.1845	0	get 0.0000% / 1h	58m 20s	$411K	$72K	10x
Short	GMX TRUMP/USD [ETH-USDC]	2.1846	L +0.0216% / S −0.0188%	get 0.0023% / 1h	58m 20s	$10K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.005%Rate

Funding earned: $39.46
Price spread: +0.005% → 0.000%: $0.53
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $20.99
Costs to cover: 0.190%
Break-even: 3.3 days

Slippage unknown: Deribit: live order book, 5 min ago; GMX: 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, 5 min ago	6.82 bp	20.7 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 30 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	2.1820	−0.114%	$13K	$157K	12x	as long as short
Lighter TRUMP	−0.0448%	1h	2.1827	−0.082%	$972K	$790K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1832	−0.061%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0161%	1h	2.1818	−0.124%	$83	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0094%	4h	2.1830	−0.069%	$7.7M	$48.8M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1886	+0.190%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUALlong	0.0000%	1h	2.1845	long leg	$411K	$72K	10x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1846	+0.005%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1918	+0.336%	$106K	$264K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0063%	8h	2.1864	+0.089%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0085%	4h	2.1840	−0.023%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1851	+0.027%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1840	−0.024%	$432K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1871	+0.119%	$188K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1809	−0.163%	$63.3M	$234.7M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1790	−0.252%	$31.3M	$47.9M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1800	−0.206%	$28.4M	$168.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1840	−0.023%	$434K	$141K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1850	+0.023%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1850	+0.023%	$15.6M	$24.4M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1911	+0.302%	$258K	$315K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1911	+0.303%	$690K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1941	+0.442%	$183K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1860	+0.069%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1860	+0.069%	$536K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1830	−0.070%	$76K	$626K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1830	−0.069%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]short	L +0.0216% / S −0.0188%	1h	2.1846	+0.005%	$10K	—	100x
Kraken Futures PF_TRUMPUSD	+0.0287%	1h	2.1845	−0.002%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.2000	+0.710%	$285K	$303K	50x	as long as short