TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0288%/8h= +31.5% APRnext payment +$0.36 per $10,000 · paid last 24h +0.060%

Price spread now: Coinbase International against GMX+0.885%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Coinbase International

What this pair did over the last

the charts below follow

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 +$9 a day on $10k at the current rate, and Coinbase International is 0.885% dearer against GMX than usual: you sell high and buy low: +$89 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	GMX TRUMP/USD [ETH-USDC]	2.1807	L +0.0216% / S −0.0188%	pay 0.0027% / 1h	56m 47s	$10K	—	100x
Short	Coinbase International TRUMP-PERP-INTX	2.2000	0.0504	get 0.0063% / 1h	56m 47s	$285K	$303K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.885%Rate

Funding earned: $60.42
Price spread: +0.885% → 0.000%: $88.52
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $126.94
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 6 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 GMX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 6 min ago	15.93 bp	25.4 bp −$25	29.9 bp −$299	doesn't fit	doesn't fit

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 30 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	−0.1659%	1h	2.1670	−0.628%	$13K	$157K	12x	as long as short
Lighter TRUMP	−0.0448%	1h	2.1779	−0.128%	$970K	$791K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1772	−0.162%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0090%	4h	2.1840	+0.151%	$7.7M	$48.8M	75x	as long as short
SoDEX TRUMP-USD	−0.0078%	1h	2.1785	−0.101%	$83	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1800	−0.032%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1797	−0.046%	$410K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1805	−0.008%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1918	+0.511%	$106K	$264K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0062%	8h	2.1771	−0.163%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0085%	4h	2.1790	−0.078%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1912	+0.482%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1819	+0.054%	$431K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1791	−0.075%	$188K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1894	+0.398%	$63.6M	$234.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1900	+0.427%	$31.5M	$47.9M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1900	+0.427%	$28.3M	$169.0M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1830	+0.106%	$434K	$141K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1860	+0.243%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1910	+0.472%	$15.7M	$24.4M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1842	+0.161%	$256K	$316K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1911	+0.478%	$690K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1896	+0.409%	$176K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1810	+0.014%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1850	+0.197%	$535K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1830	+0.105%	$79K	$631K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1775	−0.147%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]long	L +0.0216% / S −0.0188%	1h	2.1807	long leg	$10K	—	100x
Kraken Futures PF_TRUMPUSD	+0.0288%	1h	2.1816	+0.042%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTXshort	+0.0504%	1h	2.2000	+0.885%	$285K	$303K	50x