TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.22 per $10,000 · paid last 24h −0.063%

Price spread now: dYdX against GMX+0.397%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 dYdX

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

The price spread pays, funding is against you. dYdX is 0.397% dearer against GMX than usual: you sell high and buy low (spread +0.397% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 7.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX TRUMP/USD [ETH-USDC]	2.1620	L +0.0171% / S −0.0141%	pay 0.0021% / 1h	21m 29s	$10K	—	100x
Short	dYdX TRUMP-USD	2.1706	−0.0008	pay 0.0001% / 1h	21m 29s	$27K	$512	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.397%Rate

Funding earned: −$37.61
Price spread: +0.397% → 0.000%: $39.69
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$19.92
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; dYdX: 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 dYdX no order-book sample	—	—	—	—	—

GMX and dYdX: 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	2.1550	−0.325%	$13K	$157K	12x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0351%	1h	2.1611	−0.043%	$407K	$72K	10x	as long as short
SoDEX TRUMP-USD	−0.0323%	1h	2.1605	−0.071%	$86	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	−0.0300%	8h	2.1690	+0.320%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1691	+0.328%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0196%	4h	2.1700	+0.369%	$7.9M	$51.9M	75x	as long as short
Binance TRUMPUSDT	−0.0105%	4h	2.1700	+0.369%	$61.4M	$245.9M	75x	as long as short
Extended TRUMP-USD	−0.0096%	1h	2.1699	+0.364%	$74K	$714K	25x	as long as short
edgeX TRUMPUSDC	−0.0046%	4h	2.1660	+0.182%	$106K	$264K	20x	as long as short
Variational Omni TRUMP	−0.0020%	4h	2.1681	+0.281%	$670K	$516K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TRUMPUSDT	−0.0010%	4h	2.1700	+0.369%	$30.7M	$50.3M	50x	as long as short
dYdX TRUMP-USDshort	−0.0008%	1h	2.1706	+0.397%	$27K	$512	5x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1625	+0.021%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0016%	4h	2.1620	−0.001%	$4K	$193K	10x	as long as short
Lighter TRUMP	+0.0032%	1h	2.1670	+0.230%	$957K	$975K	10x	as long as short
Aevo TRUMP-PERP	+0.0056%	1h	2.1590	−0.140%	$19K	—	3x	as long as short
GRVT TRUMP_USDT_Perp	+0.0058%	4h	2.1690	+0.322%	$177K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1722	+0.470%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1707	+0.399%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1697	+0.353%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1700	+0.369%	$27.7M	$179.4M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1690	+0.322%	$407K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1670	+0.230%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1710	+0.415%	$15.7M	$26.0M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1630	+0.045%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1620	−0.001%	$494K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0141%	4h	2.1660	+0.184%	$4.2M	$663K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]long	L +0.0171% / S −0.0141%	1h	2.1620	long leg	$10K	—	100x
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1629	+0.040%	$1.3M	$2.2M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0209%	1h	2.1628	+0.036%	$339K	$377K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1630	+0.045%	$280K	$276K	50x	as long as short