Funding you earn now, next payment 05:00 UTC+0.0133%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.056%
Price spread now: GMX against gTrade (Gains Network)+0.027%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.027% dearer against gTrade (Gains Network) 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 | gTrade (Gains Network) TRUMP/USD | 2.1861 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 47m 48s | $41K | — | 150x |
| Short | GMX TRUMP/USD [ETH-USDC] | 2.1867 | L +0.0171% / S −0.0141% | get 0.0018% / 1h | 47m 48s | $10K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $27.91
- Price spread: +0.027% → 0.000%
- $2.69
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $8.6
- Costs to cover
- 0.220%
- Break-even
- 4.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | −0.1765% | 1h | 2.1690 | −0.782% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1851 | −0.044% | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.0033% | 4h | 2.1810 | −0.233% | $61.6M | $243.9M | 75x | as long as short |
| Extended TRUMP-USD | −0.0032% | 1h | 2.1819 | −0.192% | $75K | $722K | 25x | as long as short |
| SoDEX TRUMP-USD | −0.0026% | 1h | 2.1850 | −0.050% | $95 | $6K | 5x | as long as short |
| edgeX TRUMPUSDC | −0.0015% | 4h | 2.1745 | −0.529% | $106K | $264K | 20x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1856 | −0.022% | $27K | $512 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1856 | −0.023% | $411K | $72K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USDlong | L +0.0008% / S −0.0007% | 1h | 2.1861 | long leg | $41K | — | 150x | |
| Variational Omni TRUMP | +0.0014% | 4h | 2.1781 | −0.365% | $676K | $514K | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TRUMP_USDC | +0.0040% | 4h | 2.1850 | −0.050% | $4K | $178K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0043% | 8h | 2.1847 | −0.066% | $5K | $175 | 5x | as long as short |
| Aevo TRUMP-PERP | +0.0072% | 1h | 2.1840 | −0.096% | $19K | — | 3x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.1850 | −0.050% | $967K | $959K | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1840 | −0.096% | $13.8M | $8.0M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1874 | +0.060% | $428K | $816K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1843 | −0.082% | $188K | $52K | 10x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1820 | −0.188% | $30.8M | $49.9M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1820 | −0.188% | $27.8M | $178.3M | 50x | as long as short |
| Gate TRUMP_USDT | +0.0100% | 4h | 2.1830 | −0.142% | $7.8M | $50.9M | 75x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1850 | −0.050% | $411K | $149K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1850 | −0.050% | $4.3M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1830 | −0.142% | $15.8M | $25.9M | 75x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1815 | −0.209% | $187K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1870 | +0.041% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1870 | +0.041% | $510K | $2.3M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0171% | 1h | 2.1876 | +0.069% | $1.3M | $2.2M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC]short | L +0.0171% / S −0.0141% | 1h | 2.1867 | +0.027% | $10K | — | 100x | |
| BloFin TRUMP-USDT | +0.0207% | 4h | 2.1760 | −0.462% | $4.2M | $683K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0400% | 1h | 2.1520 | −1.560% | $278K | $275K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0469% | 1h | 2.1889 | +0.128% | $344K | $375K | 10x | as long as short |
gTrade (Gains Network) TRUMP/USD
GMX TRUMP/USD [ETH-USDC]
Injective TRUMP/USDC PERP
Binance TRUMPUSDT
Extended TRUMP-USD
SoDEX TRUMP-USD
edgeX TRUMPUSDC
Deribit TRUMP_USDC-PERPETUAL
Variational Omni TRUMP
Paradex TRUMP-USD-PERP
Lighter TRUMP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
Gate TRUMP_USDT
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
Kraken Futures PF_TRUMPUSD
BloFin TRUMP-USDT
Coinbase International TRUMP-PERP-INTX
Backpack TRUMP_USDC_PERP