TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.034%

Price spread now: Aevo against GMX−0.385%122s7-day average — · you buy dearer than you sell

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

Long on GMX Short on Aevo

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 −$4 a day on $10k at the current rate, and Aevo is 0.385% cheaper against GMX than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 122 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	GMX TRUMP/USD [ETH-USDC]	2.1769	L +0.0170% / S −0.0143%	pay 0.0021% / 1h	58m 29s	$10K	—	100x
Short	Aevo TRUMP-PERP	2.1685	0.0024	get 0.0003% / 1h	58m 29s	$19K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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 GMXbpFee AevobpOrdersPrice spread, now −0.385%Rate

Funding earned: −$30.73
Price spread: −0.385% → 0.000%: −$38.53
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$97.26
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aevo: 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 GMX no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

GMX and Aevo: 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 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	−0.1841%	1h	2.1600	−0.776%	$13K	$157K	12x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0395%	1h	2.1705	−0.293%	$390K	$73K	10x	as long as short
Bybit TRUMPUSDT	−0.0341%	4h	2.1680	−0.408%	$31.3M	$50.5M	50x	as long as short
Variational Omni TRUMP	−0.0335%	4h	2.1731	−0.174%	$675K	$419K	—	as long as short
SoDEX TRUMP-USD	−0.0302%	1h	2.1695	−0.339%	$69	$6K	5x	as long as short
Lighter TRUMP	−0.0272%	1h	2.1683	−0.395%	$943K	$967K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0249%	4h	2.1660	−0.500%	$27.4M	$180.6M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1691	−0.358%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0243%	4h	2.1674	−0.436%	$63.5M	$244.7M	75x	as long as short
Extended TRUMP-USD	−0.0240%	1h	2.1679	−0.413%	$77K	$492K	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International TRUMP-PERP-INTX	−0.0240%	1h	2.1680	−0.408%	$142K	$513K	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0144%	8h	2.1689	−0.367%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0116%	4h	2.1747	−0.100%	$106K	$254K	20x	as long as short
Gate TRUMP_USDT	−0.0116%	4h	2.1680	−0.408%	$7.8M	$47.5M	75x	as long as short
dYdX TRUMP-USD	−0.0089%	1h	2.1714	−0.251%	$26K	$1K	5x	as long as short
Orderly PERP_TRUMP_USDC	−0.0080%	4h	2.1670	−0.454%	$5K	$320K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0056%	4h	2.1700	−0.316%	$4.2M	$10.5M	50x	as long as short
Bitget TRUMPUSDT	−0.0004%	4h	2.1690	−0.362%	$15.4M	$26.0M	75x	as long as short
BloFin TRUMP-USDT	+0.0001%	4h	2.1690	−0.362%	$4.3M	$692K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1764	−0.023%	$41K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0015%	1h	2.1739	−0.138%	$1.3M	$2.2M	50x	as long as short
Aevo TRUMP-PERPshort	+0.0024%	1h	2.1685	−0.385%	$19K	—	3x
MEXC TRUMP_USDC	+0.0050%	4h	2.1680	−0.408%	$402K	$147K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1702	−0.307%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1703	−0.303%	$412K	$651K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1709	−0.275%	$187K	$54K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1734	−0.162%	$177K	$4.1M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1720	−0.225%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1690	−0.362%	$500K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1710	−0.270%	$3K	$29K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0153%	1h	2.1742	−0.123%	$387K	$412K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]long	L +0.0170% / S −0.0143%	1h	2.1769	long leg	$10K	—	100x