TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.029%

Price spread now: GMX against Pacifica−0.307%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on GMX

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.307% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.307% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 25 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TRUMP	2.1756	0.0100	pay 0.0013% / 1h	53m 47s	$187K	$52K	10x
Short	GMX TRUMP/USD [ETH-USDC]	2.1689	L +0.0171% / S −0.0141%	get 0.0018% / 1h	53m 47s	$10K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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 PacificabpFee GMXbpOrdersPrice spread, now −0.307%Rate

Funding earned: $8.65
Price spread: −0.307% → 0.000%: −$30.65
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$42
Costs to cover: 0.200%
Break-even: 41.0 days

Slippage unknown: Pacifica: live order book, 64 min ago; GMX: 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 Pacifica live order book, 64 min ago	5.37 bp	11.6 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 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	2.1610	−0.671%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1681	−0.342%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0211%	1h	2.1674	−0.377%	$408K	$72K	10x	as long as short
Extended TRUMP-USD	−0.0032%	1h	2.1689	−0.308%	$75K	$722K	25x	as long as short
Binance TRUMPUSDT	−0.0032%	4h	2.1730	−0.119%	$61.2M	$243.0M	75x	as long as short
SoDEX TRUMP-USD	−0.0025%	1h	2.1665	−0.418%	$95	$6K	5x	as long as short
edgeX TRUMPUSDC	−0.0013%	4h	2.1592	−0.751%	$105K	$263K	20x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1736	−0.091%	$27K	$512	5x	as long as short
Variational Omni TRUMP	+0.0006%	4h	2.1621	−0.619%	$681K	$503K	—	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1694	−0.282%	$41K	—	150x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0042%	4h	2.1680	−0.349%	$4K	$184K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0043%	8h	2.1756	0.000%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1696	−0.276%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0088%	1h	2.1702	−0.248%	$960K	$958K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1729	−0.123%	$13.7M	$7.9M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1716	−0.181%	$425K	$794K	20x	as long as short
Pacifica TRUMPlong	+0.0100%	1h	2.1756	long leg	$187K	$52K	10x
Bybit TRUMPUSDT	+0.0100%	4h	2.1740	−0.073%	$30.7M	$49.9M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1730	−0.119%	$27.4M	$176.0M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1710	−0.211%	$7.7M	$50.4M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1710	−0.211%	$408K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1710	−0.211%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1720	−0.165%	$15.7M	$25.7M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1598	−0.727%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1690	−0.303%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1770	+0.065%	$517K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]short	L +0.0171% / S −0.0141%	1h	2.1689	−0.307%	$10K	—	100x
Kraken Futures PF_TRUMPUSD	+0.0172%	1h	2.1693	−0.290%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0211%	4h	2.1760	+0.019%	$4.2M	$687K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1520	−1.084%	$278K	$275K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0420%	1h	2.1694	−0.285%	$341K	$375K	10x	as long as short