Funding you earn now, next payment 23:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.022%
Price spread now: GMX against Extended+0.030%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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.030% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRUMP-USD | 2.1886 | 0.0104 | pay 0.0013% / 1h | 16m 47s | $75K | $471K | 25x |
| Short | GMX TRUMP/USD [ETH-USDC] | 2.1892 | L +0.0216% / S −0.0188% | get 0.0023% / 1h | 16m 47s | $10K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $17.62
- Price spread: +0.030% → 0.000%
- $2.97
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $3.6
- Costs to cover
- 0.170%
- Break-even
- 5.6 days
Slippage unknown: Extended: live order book, 1 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 Extended live order book, 1 min ago | 6.87 bp | 9.8 bp −$10 | 32.5 bp −$325 | 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 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 | 2.1770 | −0.529% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1862 | −0.108% | $5 | — | 10x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1868 | −0.081% | $27K | $485 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1894 | +0.038% | $411K | $76K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1896 | +0.047% | $41K | — | 150x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.1910 | +0.110% | $119K | $249K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0087% | 4h | 2.1880 | −0.026% | $3K | $249K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0093% | 8h | 2.1869 | −0.074% | $5K | — | 5x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.1890 | +0.020% | $974K | $682K | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1921 | +0.161% | $14.1M | $7.4M | 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 | 2.1901 | +0.070% | $455K | $833K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1877 | −0.040% | $188K | $59K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.1900 | +0.065% | $62.5M | $219.9M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1890 | +0.020% | $30.5M | $43.3M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1890 | +0.020% | $26.9M | $150.4M | 50x | as long as short |
| Gate TRUMP_USDT | +0.0100% | 4h | 2.1890 | +0.020% | $7.4M | $47.4M | 75x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1890 | +0.020% | $481K | $133K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1900 | +0.065% | $4.6M | $10.4M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1900 | +0.065% | $15.5M | $21.0M | 75x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.1892 | +0.030% | $692K | $270K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1870 | −0.072% | $190K | $4.5M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1890 | +0.020% | $1K | $1.5M | 50x | as long as short |
| SoDEX TRUMP-USD | +0.0100% | 1h | 2.1885 | −0.003% | $72 | $6K | 5x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1900 | +0.065% | $531K | $1.8M | 50x | as long as short |
| Extended TRUMP-USDlong | +0.0104% | 1h | 2.1886 | long leg | $75K | $471K | 25x | |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.1885 | −0.003% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC]short | L +0.0216% / S −0.0188% | 1h | 2.1892 | +0.030% | $10K | — | 100x | |
| BloFin TRUMP-USDT | +0.0340% | 4h | 2.1850 | −0.163% | $4.2M | $514K | 75x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0348% | 1h | 2.1918 | +0.147% | $262K | $272K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0472% | 1h | 2.1920 | +0.157% | $281K | $399K | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0522% | 1h | 2.1911 | +0.117% | $1.3M | $2.5M | 50x | as long as short |
Extended TRUMP-USD
GMX TRUMP/USD [ETH-USDC]
Injective TRUMP/USDC PERP
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
edgeX TRUMPUSDC
Paradex TRUMP-USD-PERP
Lighter TRUMP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
Gate TRUMP_USDT
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
SoDEX TRUMP-USD
HTX TRUMP-USDT
BloFin TRUMP-USDT
Backpack TRUMP_USDC_PERP
Coinbase International TRUMP-PERP-INTX
Kraken Futures PF_TRUMPUSD