TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0508%/8h= −55.7% APRnext payment −$0.64 per $10,000 · paid last 24h −0.010%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.054%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on gTrade (Gains Network)

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 −$15 a day on $10k at the current rate, and gTrade (Gains Network) is 0.054% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 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	Kraken Futures PF_TRUMPUSD	2.1907	0.0515	pay 0.0064% / 1h	16m 08s	$1.3M	$2.4M	50x
Short	gTrade (Gains Network) TRUMP/USD	2.1895	L +0.0008% / S −0.0007%	get 0.0001% / 1h	16m 08s	$42K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.054%Rate

Funding earned: −$106.75
Price spread: −0.054% → 0.000%: −$5.45
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$132.2
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 2 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 2 min ago	4.54 bp	16.8 bp −$17	27.8 bp −$278	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.1623%	1h	2.1890	−0.077%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1881	−0.117%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0072%	4h	2.1880	−0.123%	$7.7M	$49.4M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1896	−0.050%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1891	−0.072%	$412K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USDshort	L +0.0008% / S −0.0007%	1h	2.1895	−0.054%	$42K	—	150x
edgeX TRUMPUSDC	+0.0050%	4h	2.1945	+0.175%	$107K	$263K	20x	as long as short
SoDEX TRUMP-USD	+0.0063%	1h	2.1880	−0.123%	$77	$6K	5x	as long as short
Lighter TRUMP	+0.0064%	1h	2.1868	−0.177%	$973K	$792K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0071%	8h	2.1847	−0.272%	$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	+0.0086%	4h	2.1880	−0.123%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1900	−0.031%	$14.2M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1897	−0.044%	$433K	$859K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1876	−0.141%	$188K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1877	−0.136%	$63.5M	$236.8M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1870	−0.168%	$31.4M	$48.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1880	−0.123%	$28.5M	$170.9M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1880	−0.123%	$435K	$147K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1890	−0.077%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1890	−0.077%	$15.6M	$24.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1871	−0.164%	$689K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1996	+0.409%	$182K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1910	+0.014%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1930	+0.106%	$556K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1870	−0.169%	$76K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1880	−0.123%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1891	−0.070%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0265%	1h	2.1903	−0.018%	$256K	$321K	10x	as long as short
Kraken Futures PF_TRUMPUSDlong	+0.0515%	1h	2.1907	long leg	$1.3M	$2.4M	50x
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.1880	−0.123%	$284K	$303K	50x	as long as short