TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0439%/8h= −48.1% APRnext payment −$0.55 per $10,000 · paid last 24h −0.044%

Price spread now: SoDEX against GMX−0.033%7-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 SoDEX

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 against this trade now: funding costs −$13 a day on $10k at the current rate, and SoDEX is 0.033% cheaper against GMX than usual: you would sell low and buy high (−$3 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	GMX TRUMP/USD [ETH-USDC]	2.1542	L +0.0137% / S −0.0099%	pay 0.0017% / 1h	6m 13s	$9K	—	100x
Short	SoDEX TRUMP-USD	2.1535	−0.0302	pay 0.0038% / 1h	6m 13s	$82	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$92.19
Price spread: −0.033% → 0.000%: −$3.33
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$115.52
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: 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 GMX no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

GMX 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	−0.1827%	1h	2.1480	−0.289%	$13K	$157K	12x	as long as short
Lighter TRUMP	−0.0368%	1h	2.1529	−0.061%	$952K	$1.0M	10x	as long as short
SoDEX TRUMP-USDshort	−0.0302%	1h	2.1535	−0.033%	$82	$6K	5x
Binance TRUMPUSDT	−0.0275%	4h	2.1533	−0.044%	$60.7M	$251.2M	75x	as long as short
Extended TRUMP-USD	−0.0272%	1h	2.1529	−0.061%	$74K	$739K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1532	−0.050%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0214%	4h	2.1540	−0.010%	$30.6M	$52.2M	50x	as long as short
Variational Omni TRUMP	−0.0193%	4h	2.1511	−0.144%	$664K	$426K	—	as long as short
Paradex TRUMP-USD-PERP	−0.0170%	8h	2.1531	−0.051%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0139%	4h	2.1508	−0.160%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	−0.0121%	1h	2.1540	−0.010%	$406K	$81K	10x	as long as short
Gate TRUMP_USDT	−0.0108%	4h	2.1540	−0.010%	$7.7M	$53.9M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0082%	4h	2.1540	−0.010%	$26.6M	$185.2M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0063%	4h	2.1530	−0.057%	$4K	$233K	10x	as long as short
BloFin TRUMP-USDT	−0.0037%	4h	2.1570	+0.129%	$4.1M	$691K	75x	as long as short
dYdX TRUMP-USD	−0.0016%	1h	2.1526	−0.074%	$27K	$501	5x	as long as short
Aevo TRUMP-PERP	+0.0008%	1h	2.1525	−0.080%	$19K	—	3x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1542	+0.001%	$41K	—	150x	as long as short
GRVT TRUMP_USDT_Perp	+0.0018%	4h	2.1520	−0.103%	$182K	$4.7M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1549	+0.032%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1547	+0.021%	$405K	$774K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1532	−0.047%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1540	−0.010%	$402K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1550	+0.036%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	−0.010%	$15.4M	$27.0M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1560	+0.083%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1560	+0.083%	$486K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]long	L +0.0137% / S −0.0099%	1h	2.1542	long leg	$9K	—	100x
Kraken Futures PF_TRUMPUSD	+0.0197%	1h	2.1569	+0.124%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0264%	1h	2.1573	+0.143%	$384K	$413K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1540	−0.010%	$215K	$408K	50x	as long as short