Funding you earn now, next payment 07:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.113%
Price spread now: Coinbase International against gTrade (Gains Network)−0.661%7-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
Funding pays, the price is against you. Coinbase International is 0.661% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.661% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$66 on $10k: about 46 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRUMP/USD | 2.1472 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 16m 07s | $40K | — | 150x |
| Short | Coinbase International TRUMP-PERP-INTX | 2.1330 | 0.0056 | get 0.0007% / 1h | 16m 07s | $167K | $479K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against gTrade (Gains Network). 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
- $10.02
- Price spread: −0.661% → 0.000%
- −$66.09
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$76.07
- Costs to cover
- 0.200%
- Break-even
- 60.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 22 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 22 min ago | 7.01 bp | 12.0 bp −$12 | 16.1 bp −$161 | doesn't fit | doesn't fit |
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 | −0.1797% | 1h | 2.1290 | −0.847% | $12K | $157K | 12x | as long as short |
| SoDEX TRUMP-USD | −0.0335% | 1h | 2.1456 | −0.074% | $76 | $6K | 5x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1442 | −0.141% | $5 | — | 10x | as long as short |
| Variational Omni TRUMP | −0.0211% | 4h | 2.1371 | −0.469% | $660K | $423K | — | as long as short |
| Lighter TRUMP | −0.0200% | 1h | 2.1454 | −0.083% | $938K | $1.0M | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0192% | 4h | 2.1450 | −0.102% | $26.7M | $184.1M | 50x | as long as short |
| Extended TRUMP-USD | −0.0184% | 1h | 2.1450 | −0.103% | $74K | $496K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0183% | 4h | 2.1450 | −0.102% | $60.6M | $250.3M | 75x | as long as short |
| Bybit TRUMPUSDT | −0.0172% | 4h | 2.1460 | −0.055% | $30.5M | $52.5M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0169% | 1h | 2.1466 | −0.027% | $404K | $81K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.0110% | 4h | 2.1460 | −0.055% | $7.7M | $53.4M | 75x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0098% | 8h | 2.1459 | −0.062% | $5K | $175 | 5x | as long as short |
| edgeX TRUMPUSDC | −0.0091% | 4h | 2.1431 | −0.189% | $105K | $253K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0068% | 4h | 2.1460 | −0.055% | $5K | $277K | 10x | as long as short |
| dYdX TRUMP-USD | −0.0005% | 1h | 2.1476 | +0.021% | $27K | $501 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USDlong | L +0.0008% / S −0.0007% | 1h | 2.1472 | long leg | $40K | — | 150x | |
| KuCoin TRUMPUSDTM | +0.0020% | 4h | 2.1450 | −0.102% | $4.1M | $10.8M | 50x | as long as short |
| Aevo TRUMP-PERP | +0.0032% | 1h | 2.1440 | −0.149% | $19K | — | 3x | as long as short |
| Coinbase International TRUMP-PERP-INTXshort | +0.0056% | 1h | 2.1330 | −0.661% | $167K | $479K | 50x | |
| BloFin TRUMP-USDT | +0.0057% | 4h | 2.1470 | −0.009% | $4.1M | $688K | 75x | as long as short |
| Bitget TRUMPUSDT | +0.0086% | 4h | 2.1470 | −0.009% | $15.3M | $27.0M | 75x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1476 | +0.019% | $13.6M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1469 | −0.015% | $403K | $778K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1482 | +0.047% | $185K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1460 | −0.055% | $399K | $148K | 125x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1450 | −0.102% | $173K | $4.4M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1480 | +0.038% | $1K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1470 | −0.009% | $483K | $2.4M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0136% / S −0.0098% | 1h | 2.1477 | +0.022% | $9K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0284% | 1h | 2.1486 | +0.066% | $383K | $419K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0598% | 1h | 2.1488 | +0.076% | $1.3M | $2.3M | 50x | as long as short |
gTrade (Gains Network) TRUMP/USD
Coinbase International TRUMP-PERP-INTX
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Variational Omni TRUMP
Lighter TRUMP
OKX TRUMP-USDT-SWAP
Extended TRUMP-USD
Binance TRUMPUSDT
Bybit TRUMPUSDT
Deribit TRUMP_USDC-PERPETUAL
Gate TRUMP_USDT
Paradex TRUMP-USD-PERP
edgeX TRUMPUSDC
KuCoin TRUMPUSDTM
BloFin TRUMP-USDT
Bitget TRUMPUSDT
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
MEXC TRUMP_USDC
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP
Kraken Futures PF_TRUMPUSD