TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0030%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h −0.004%

Price spread now: dYdX against gTrade (Gains Network)−0.040%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.040% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRUMP/USD	2.1423	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	45m 01s	$40K	—	150x
Short	dYdX TRUMP-USD	2.1414	−0.0021	pay 0.0003% / 1h	45m 01s	$25K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 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 gTrade (Gains Network)bpFee dYdXbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$6.2
Price spread: −0.040% → 0.000%: −$3.95
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$30.15
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; dYdX: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

gTrade (Gains Network) and dYdX: 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 32 exchanges

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
SoDEX TRUMP-USD	−0.0441%	1h	2.1418	−0.023%	$80	$6K	5x	as long as short
Extended TRUMP-USD	−0.0392%	1h	2.1428	+0.023%	$76K	$486K	25x	as long as short
Binance TRUMPUSDT	−0.0388%	4h	2.1440	+0.080%	$62.7M	$235.4M	75x	as long as short
Variational Omni TRUMP	−0.0388%	4h	2.1350	−0.342%	$665K	$399K	—	as long as short
Bybit TRUMPUSDT	−0.0334%	4h	2.1440	+0.080%	$31.2M	$48.0M	50x	as long as short
Lighter TRUMP	−0.0320%	1h	2.1425	+0.010%	$916K	$929K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0320%	1h	2.1270	−0.714%	$125K	$520K	50x	as long as short
OKX TRUMP-USDT-SWAP	−0.0286%	4h	2.1440	+0.080%	$27.2M	$172.5M	50x	as long as short
MEXC TRUMP_USDC	−0.0286%	4h	2.1420	−0.014%	$388K	$142K	125x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1410	−0.062%	$5	—	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TRUMPUSDTM	−0.0228%	4h	2.1430	+0.033%	$4.3M	$10.0M	50x	as long as short
Gate TRUMP_USDT	−0.0214%	4h	2.1420	−0.014%	$7.7M	$46.4M	75x	as long as short
edgeX TRUMPUSDC	−0.0193%	4h	2.1316	−0.498%	$104K	$253K	20x	as long as short
Paradex TRUMP-USD-PERP	−0.0150%	8h	2.1387	−0.167%	$5K	$175	5x	as long as short
BloFin TRUMP-USDT	−0.0148%	4h	2.1420	−0.014%	$4.3M	$657K	75x	as long as short
Orderly PERP_TRUMP_USDC	−0.0089%	4h	2.1410	−0.060%	$5K	$291K	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0077%	1h	2.1430	+0.033%	$385K	$67K	10x	as long as short
Bitget TRUMPUSDT	−0.0032%	4h	2.1440	+0.080%	$15.5M	$24.7M	75x	as long as short
dYdX TRUMP-USDshort	−0.0021%	1h	2.1414	−0.040%	$25K	$3K	5x
Aevo TRUMP-PERP	−0.0016%	1h	2.1435	+0.055%	$19K	—	3x	as long as short
GRVT TRUMP_USDT_Perp	+0.0004%	4h	2.1380	−0.200%	$169K	$4.0M	10x	as long as short
gTrade (Gains Network) TRUMP/USDlong	L +0.0008% / S −0.0007%	1h	2.1423	long leg	$40K	—	150x
Injective TRUMP/USDC PERP	+0.0033%	1h	2.1350	−0.340%	$12K	$157K	12x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1446	+0.108%	$13.6M	$7.4M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1435	+0.056%	$404K	$647K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1394	−0.137%	$184K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1440	+0.080%	$2K	$1.4M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1440	+0.080%	$476K	$2.4M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1420	−0.014%	$283K	$624K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0191%	1h	2.1468	+0.211%	$383K	$388K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0220% / S −0.0223%	1h	2.1427	+0.019%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0326%	1h	2.1461	+0.177%	$1.4M	$2.1M	50x	as long as short