Funding you earn now, next payment 00:00 UTC+0.0330%/8h= +36.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.029%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.113%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.113% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 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 | 2.2141 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 47m 59s | $42K | — | 150x |
| Short | Hyperliquid TRUMP | 2.2166 | 0.0338 | get 0.0042% / 1h | 47m 59s | $14.4M | $7.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $69.22
- Price spread: +0.113% → 0.000%
- $11.29
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $61.51
- Costs to cover
- 0.190%
- Break-even
- 0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 5 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 Hyperliquid live order book, 5 min ago | 0.90 bp | 10.5 bp −$11 | doesn't fit | 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 | −0.1537% | 1h | 2.2040 | −0.456% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.2142 | +0.005% | $5 | — | 10x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.2187 | +0.208% | $28K | $485 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.2141 | 0.000% | $415K | $76K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USDlong | L +0.0008% / S −0.0007% | 1h | 2.2141 | long leg | $42K | — | 150x | |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.2156 | +0.066% | $121K | $249K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0087% | 4h | 2.2140 | −0.005% | $3K | $249K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0096% | 8h | 2.2162 | +0.094% | $5K | — | 5x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.2135 | −0.027% | $992K | $729K | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.2154 | +0.057% | $461K | $835K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica TRUMP | +0.0100% | 1h | 2.2175 | +0.153% | $191K | $59K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.2139 | −0.010% | $63.8M | $223.0M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.2130 | −0.050% | $31.1M | $43.9M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.2140 | −0.005% | $27.4M | $153.2M | 50x | as long as short |
| Gate TRUMP_USDT | +0.0100% | 4h | 2.2140 | −0.005% | $7.5M | $47.8M | 75x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.2120 | −0.095% | $484K | $132K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.2150 | +0.041% | $4.7M | $10.3M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.2140 | −0.005% | $15.7M | $21.3M | 75x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.2172 | +0.141% | $624K | $348K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.2190 | +0.221% | $194K | $4.5M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.2170 | +0.131% | $1K | $1.6M | 50x | as long as short |
| SoDEX TRUMP-USD | +0.0100% | 1h | 2.2137 | −0.018% | $75 | $6K | 5x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.2170 | +0.131% | $527K | $1.8M | 50x | as long as short |
| Extended TRUMP-USD | +0.0104% | 1h | 2.2131 | −0.045% | $76K | $471K | 25x | as long as short |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.2134 | −0.033% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0216% / S −0.0188% | 1h | 2.2141 | +0.002% | $10K | — | 100x | as long as short |
| Hyperliquid TRUMPshort | +0.0338% | 1h | 2.2166 | +0.113% | $14.4M | $7.5M | 10x | |
| BloFin TRUMP-USDT | +0.0340% | 4h | 2.2170 | +0.131% | $4.2M | $634K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0424% | 1h | 2.2240 | +0.447% | $287K | $405K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0632% | 1h | 2.2152 | +0.050% | $261K | $278K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0862% | 1h | 2.2163 | +0.100% | $1.3M | $2.5M | 50x | as long as short |
gTrade (Gains Network) TRUMP/USD
Hyperliquid TRUMP
Injective TRUMP/USDC PERP
Deribit TRUMP_USDC-PERPETUAL
edgeX TRUMPUSDC
Paradex TRUMP-USD-PERP
Lighter 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
Extended TRUMP-USD
GMX TRUMP/USD [ETH-USDC]
BloFin TRUMP-USDT
Coinbase International TRUMP-PERP-INTX
Backpack TRUMP_USDC_PERP
Kraken Futures PF_TRUMPUSD