Funding you earn now, next payment 05:00 UTC−0.0325%/8h= −35.6% APRnext payment −$0.41 per $10,000 · paid last 24h +0.018%
Price spread now: SoDEX against gTrade (Gains Network)−0.080%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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SoDEX is 0.080% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$8 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 | 2.1682 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 18m 09s | $41K | — | 150x |
| Short | SoDEX TRUMP-USD | 2.1665 | −0.0317 | pay 0.0040% / 1h | 18m 09s | $88 | $6K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$68.26
- Price spread: −0.080% → 0.000%
- −$7.98
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$94.24
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and SoDEX: 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 | 2.1560 | −0.564% | $13K | $157K | 12x | as long as short |
| SoDEX TRUMP-USDshort | −0.0317% | 1h | 2.1665 | −0.080% | $88 | $6K | 5x | |
| Paradex TRUMP-USD-PERP | −0.0283% | 8h | 2.1625 | −0.263% | $5K | $175 | 5x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1646 | −0.165% | $5 | — | 10x | as long as short |
| Gate TRUMP_USDT | −0.0174% | 4h | 2.1690 | +0.036% | $7.9M | $52.0M | 75x | as long as short |
| Binance TRUMPUSDT | −0.0113% | 4h | 2.1682 | −0.003% | $61.2M | $245.8M | 75x | as long as short |
| Extended TRUMP-USD | −0.0112% | 1h | 2.1669 | −0.061% | $74K | $714K | 25x | as long as short |
| Bybit TRUMPUSDT | −0.0107% | 4h | 2.1680 | −0.011% | $30.7M | $50.3M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0073% | 1h | 2.1684 | +0.008% | $408K | $72K | 10x | as long as short |
| edgeX TRUMPUSDC | −0.0049% | 4h | 2.1667 | −0.070% | $106K | $264K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRUMP | −0.0023% | 4h | 2.1681 | −0.005% | $670K | $516K | — | as long as short |
| dYdX TRUMP-USD | −0.0008% | 1h | 2.1656 | −0.121% | $27K | $512 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USDlong | L +0.0008% / S −0.0007% | 1h | 2.1682 | long leg | $41K | — | 150x | |
| Orderly PERP_TRUMP_USDC | +0.0013% | 4h | 2.1670 | −0.057% | $4K | $191K | 10x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0022% | 4h | 2.1660 | −0.103% | $177K | $4.6M | 10x | as long as short |
| Lighter TRUMP | +0.0024% | 1h | 2.1670 | −0.057% | $957K | $975K | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0056% | 1h | 2.1655 | −0.126% | $19K | — | 3x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1692 | +0.045% | $13.7M | $8.0M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1690 | +0.036% | $408K | $834K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1640 | −0.195% | $186K | $52K | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1680 | −0.011% | $27.7M | $179.2M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1690 | +0.036% | $407K | $150K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1680 | −0.011% | $4.2M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1690 | +0.036% | $15.7M | $26.0M | 75x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1670 | −0.057% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1660 | −0.103% | $494K | $2.3M | 50x | as long as short |
| BloFin TRUMP-USDT | +0.0127% | 4h | 2.1640 | −0.195% | $4.2M | $662K | 75x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0171% / S −0.0141% | 1h | 2.1686 | +0.015% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0172% | 1h | 2.1704 | +0.102% | $1.3M | $2.3M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0196% | 1h | 2.1709 | +0.123% | $341K | $378K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0400% | 1h | 2.1670 | −0.057% | $280K | $277K | 50x | as long as short |
gTrade (Gains Network) TRUMP/USD
SoDEX TRUMP-USD
Injective TRUMP/USDC PERP
Paradex TRUMP-USD-PERP
Gate TRUMP_USDT
Binance TRUMPUSDT
Extended TRUMP-USD
Bybit TRUMPUSDT
Deribit TRUMP_USDC-PERPETUAL
edgeX TRUMPUSDC
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
Lighter TRUMP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
SunX TRUMP-USDT
HTX TRUMP-USDT
BloFin TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Kraken Futures PF_TRUMPUSD
Backpack TRUMP_USDC_PERP
Coinbase International TRUMP-PERP-INTX