Funding you earn now, next payment 02:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Extended+0.342%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.342% dearer against Extended than usual: you sell high and buy low (spread +0.342% now, against zero (this spread has no 7-day history yet)): +$34 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRUMP-USD | 2.2010 | 0.0104 | pay 0.0013% / 1h | 40m 39s | $76K | $601K | 25x |
| Short | gTrade (Gains Network) TRUMP/USD | 2.2085 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 40m 39s | $43K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Extended. 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
- −$20.37
- Price spread: +0.342% → 0.000%
- $34.23
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$1.14
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 27 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 Extended live order book, 27 min ago | 4.46 bp | 7.5 bp −$7 | 29.4 bp −$294 | 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 | −0.1623% | 1h | 2.1990 | −0.090% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.2102 | +0.417% | $5 | — | 10x | as long as short |
| Gate TRUMP_USDT | −0.0016% | 4h | 2.1990 | −0.090% | $7.8M | $48.5M | 75x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1997 | −0.059% | $27K | $512 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.2077 | +0.305% | $416K | $80K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USDshort | L +0.0008% / S −0.0007% | 1h | 2.2085 | +0.342% | $43K | — | 150x | |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.2246 | +1.074% | $108K | $262K | 20x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0077% | 8h | 2.1985 | −0.112% | $5K | $175 | 5x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0087% | 4h | 2.2090 | +0.365% | $3K | $237K | 10x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.1990 | −0.090% | $977K | $788K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRUMP | +0.0100% | 1h | 2.2069 | +0.269% | $14.8M | $6.9M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.2001 | −0.042% | $435K | $861K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.2006 | −0.018% | $190K | $57K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.1964 | −0.206% | $63.7M | $235.4M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1940 | −0.317% | $31.3M | $48.1M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1950 | −0.272% | $28.7M | $168.5M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.2010 | +0.001% | $439K | $144K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.2000 | −0.044% | $4.1M | $11.0M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.2010 | +0.001% | $15.7M | $24.0M | 75x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.2072 | +0.281% | $698K | $448K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.2190 | +0.819% | $192K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.2120 | +0.501% | $2K | $1.6M | 50x | as long as short |
| SoDEX TRUMP-USD | +0.0100% | 1h | 2.2079 | +0.315% | $80 | $6K | 5x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.2140 | +0.592% | $575K | $1.9M | 50x | as long as short |
| Extended TRUMP-USDlong | +0.0104% | 1h | 2.2010 | long leg | $76K | $601K | 25x | |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.2070 | +0.274% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0217% / S −0.0188% | 1h | 2.2098 | +0.402% | $10K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0317% | 1h | 2.2079 | +0.315% | $258K | $319K | 10x | as long as short |
| BloFin TRUMP-USDT | +0.0340% | 4h | 2.2230 | +1.001% | $4.4M | $697K | 75x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0511% | 1h | 2.2101 | +0.416% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0536% | 1h | 2.2100 | +0.410% | $286K | $307K | 50x | as long as short |
Extended TRUMP-USD
gTrade (Gains Network) TRUMP/USD
Injective TRUMP/USDC PERP
Gate TRUMP_USDT
Deribit TRUMP_USDC-PERPETUAL
edgeX TRUMPUSDC
Paradex TRUMP-USD-PERP
Lighter TRUMP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
SoDEX TRUMP-USD
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP
BloFin TRUMP-USDT
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX