Funding you earn now, next payment 11:00 UTC−0.0328%/8h= −35.9% APRnext payment −$0.41 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against gTrade (Gains Network)−0.321%125s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.321% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 125 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRUMP/USD | 2.1537 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 51m 08s | $41K | — | 150x |
| Short | Extended TRUMP-USD | 2.1468 | −0.0320 | pay 0.0040% / 1h | 51m 08s | $74K | $491K | 25x |
gTrade (Gains Network) TRUMP/USD
Extended TRUMP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$68.94
- Price spread: −0.321% → 0.000%
- −$32.13
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$116.07
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 59 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 Extended live order book, 59 min ago | 4.66 bp | 7.7 bp −$8 | 30.6 bp −$306 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRUMP | −0.0383% | 4h | 2.1569 | +0.151% | $670K | $398K | — | as long as short |
| Bybit TRUMPUSDT | −0.0379% | 4h | 2.1480 | −0.265% | $31.3M | $48.6M | 50x | as long as short |
| SoDEX TRUMP-USD | −0.0374% | 1h | 2.1480 | −0.265% | $73 | $6K | 5x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0337% | 4h | 2.1480 | −0.265% | $27.2M | $173.2M | 50x | as long as short |
| Extended TRUMP-USDshort | −0.0320% | 1h | 2.1468 | −0.321% | $74K | $491K | 25x | |
| Binance TRUMPUSDT | −0.0320% | 4h | 2.1483 | −0.253% | $63.1M | $237.6M | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0296% | 1h | 2.1460 | −0.358% | $131K | $515K | 50x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1470 | −0.312% | $5 | — | 10x | as long as short |
| Gate TRUMP_USDT | −0.0234% | 4h | 2.1480 | −0.265% | $7.8M | $47.2M | 75x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0179% | 8h | 2.1468 | −0.321% | $5K | $175 | 5x | as long as short |
Variational Omni TRUMP
Bybit TRUMPUSDT
SoDEX TRUMP-USD
OKX TRUMP-USDT-SWAP
Binance TRUMPUSDT
Coinbase International TRUMP-PERP-INTX
Reya TRUMPRUSDPERP
Gate TRUMP_USDT
Paradex TRUMP-USD-PERPShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TRUMP_USDC-PERPETUAL | −0.0169% | 1h | 2.1484 | −0.246% | $386K | $78K | 10x | as long as short |
| edgeX TRUMPUSDC | −0.0156% | 4h | 2.1517 | −0.092% | $105K | $253K | 20x | as long as short |
| MEXC TRUMP_USDC | −0.0146% | 4h | 2.1460 | −0.358% | $388K | $142K | 125x | as long as short |
| Lighter TRUMP | −0.0144% | 1h | 2.1481 | −0.260% | $924K | $952K | 10x | as long as short |
| KuCoin TRUMPUSDTM | −0.0124% | 4h | 2.1480 | −0.265% | $4.2M | $10.2M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0084% | 4h | 2.1470 | −0.311% | $5K | $303K | 10x | as long as short |
| BloFin TRUMP-USDT | −0.0076% | 4h | 2.1480 | −0.265% | $4.3M | $675K | 75x | as long as short |
| Bitget TRUMPUSDT | −0.0020% | 4h | 2.1480 | −0.265% | $15.4M | $25.1M | 75x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1495 | −0.195% | $25K | $3K | 5x | as long as short |
| Aevo TRUMP-PERP | 0.0000% | 1h | 2.1455 | −0.381% | $19K | — | 3x | as long as short |
| gTrade (Gains Network) TRUMP/USDlong | L +0.0008% / S −0.0007% | 1h | 2.1537 | long leg | $41K | — | 150x | |
| Kraken Futures PF_TRUMPUSD | +0.0023% | 1h | 2.1511 | −0.121% | $1.3M | $2.0M | 50x | as long as short |
| Injective TRUMP/USDC PERP | +0.0033% | 1h | 2.1600 | +0.293% | $13K | $157K | 12x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0036% | 4h | 2.1520 | −0.078% | $177K | $4.1M | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1497 | −0.186% | $13.6M | $7.6M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1480 | −0.262% | $405K | $644K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1468 | −0.319% | $185K | $54K | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1500 | −0.172% | $2K | $1.4M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1500 | −0.172% | $498K | $2.4M | 50x | as long as short |
| Phemex TRUMPUSDT | +0.0100% | 4h | 2.1500 | −0.172% | $149K | $358K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0177% | 1h | 2.1514 | −0.107% | $381K | $395K | 10x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0195% / S −0.0191% | 1h | 2.1499 | −0.178% | $11K | — | 100x | as long as short |
Deribit TRUMP_USDC-PERPETUAL
edgeX TRUMPUSDC
MEXC TRUMP_USDC
Lighter TRUMP
KuCoin TRUMPUSDTM
Orderly PERP_TRUMP_USDC
BloFin TRUMP-USDT
Bitget TRUMPUSDT
dYdX TRUMP-USD
Aevo TRUMP-PERP
Kraken Futures PF_TRUMPUSD
Injective TRUMP/USDC PERP
GRVT TRUMP_USDT_Perp
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
SunX TRUMP-USDT
HTX TRUMP-USDT
Phemex TRUMPUSDT
Backpack TRUMP_USDC_PERP
GMX TRUMP/USD [ETH-USDC]