Settings8H · net · $10k
Funding arb · Price arb /

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.027%
Price spread now: GMX against Extended−0.082%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.082% cheaper against Extended than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRUMP-USD2.17240.0104pay 0.0013% / 1h48m 36s$115K$705K25x
ShortGMX TRUMP/USD [ETH-USDC]2.1706L +0.0216% / S −0.0188%get 0.0023% / 1h48m 36s$10K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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

Funding earned
$17.62
Price spread: −0.082% → 0.000%
−$8.24
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$7.62
Costs to cover
0.170%
Break-even
10.0 days
Slippage unknown: Extended: live order book, 14 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 14 min ago4.56 bp7.7 bp −$831.5 bp −$315doesn't fitdoesn'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 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRUMP/USDC PERP−0.1659%1h2.1620−0.480%$13K$157K12xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1746+0.100%$510xas long as short
Lighter TRUMP−0.0208%1h2.1683−0.190%$966K$792K10xas long as short
Gate TRUMP_USDT−0.0100%4h2.1720−0.020%$7.6M$49.3M75xas long as short
SoDEX TRUMP-USD−0.0076%1h2.1675−0.227%$82$6K5xas long as short
dYdX TRUMP-USD0.0000%1h2.1726+0.007%$27K$5125xas long as short
Deribit TRUMP_USDC-PERPETUAL0.0000%1h2.1681−0.199%$408K$72K10xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1704−0.092%$42K150xas long as short
Paradex TRUMP-USD-PERP+0.0050%8h2.1732+0.037%$5K$1755xas long as short
edgeX TRUMPUSDC+0.0050%4h2.1808+0.384%$106K$263K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TRUMP_USDC+0.0081%4h2.1680−0.204%$4K$239K10xas long as short
Hyperliquid TRUMP+0.0100%1h2.1705−0.089%$14.3M$7.5M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1709−0.072%$429K$826K20xas long as short
Pacifica TRUMP+0.0100%1h2.1723−0.006%$187K$56K10xas long as short
Binance TRUMPUSDT+0.0100%4h2.1730+0.026%$63.1M$235.7M75xas long as short
Bybit TRUMPUSDT+0.0100%4h2.1720−0.020%$31.1M$48.2M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1730+0.026%$27.8M$169.0M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.1720−0.020%$426K$142K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1700−0.112%$4.2M$11.0M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1730+0.026%$15.5M$24.8M75xas long as short
Backpack TRUMP_USDC_PERP+0.0100%1h2.1713−0.052%$255K$317K10xas long as short
Variational Omni TRUMP+0.0100%4h2.1831+0.490%$688K$447Kas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1850+0.579%$181K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1710−0.066%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1730+0.026%$531K$2.0M50xas long as short
Extended TRUMP-USDlong+0.0104%1h2.1724long leg$115K$705K25x
Aevo TRUMP-PERP+0.0104%1h2.1665−0.273%$19K3xas long as short
GMX TRUMP/USD [ETH-USDC]shortL +0.0216% / S −0.0188%1h2.1706−0.082%$10K100x
Kraken Futures PF_TRUMPUSD+0.0289%1h2.1708−0.074%$1.3M$2.2M50xas long as short
Coinbase International TRUMP-PERP-INTX+0.0504%1h2.1710−0.066%$281K$300K50xas long as short