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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRUMP-USD | 2.1724 | 0.0104 | pay 0.0013% / 1h | 48m 36s | $115K | $705K | 25x |
| Short | GMX TRUMP/USD [ETH-USDC] | 2.1706 | L +0.0216% / S −0.0188% | get 0.0023% / 1h | 48m 36s | $10K | — | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 14 min ago | 4.56 bp | 7.7 bp −$8 | 31.5 bp −$315 | 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 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 | −0.1659% | 1h | 2.1620 | −0.480% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1746 | +0.100% | $5 | — | 10x | as long as short |
| Lighter TRUMP | −0.0208% | 1h | 2.1683 | −0.190% | $966K | $792K | 10x | as long as short |
| Gate TRUMP_USDT | −0.0100% | 4h | 2.1720 | −0.020% | $7.6M | $49.3M | 75x | as long as short |
| SoDEX TRUMP-USD | −0.0076% | 1h | 2.1675 | −0.227% | $82 | $6K | 5x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1726 | +0.007% | $27K | $512 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1681 | −0.199% | $408K | $72K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1704 | −0.092% | $42K | — | 150x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0050% | 8h | 2.1732 | +0.037% | $5K | $175 | 5x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.1808 | +0.384% | $106K | $263K | 20x | 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 | +0.0081% | 4h | 2.1680 | −0.204% | $4K | $239K | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1705 | −0.089% | $14.3M | $7.5M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1709 | −0.072% | $429K | $826K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1723 | −0.006% | $187K | $56K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.1730 | +0.026% | $63.1M | $235.7M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1720 | −0.020% | $31.1M | $48.2M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1730 | +0.026% | $27.8M | $169.0M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1720 | −0.020% | $426K | $142K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1700 | −0.112% | $4.2M | $11.0M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1730 | +0.026% | $15.5M | $24.8M | 75x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0100% | 1h | 2.1713 | −0.052% | $255K | $317K | 10x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.1831 | +0.490% | $688K | $447K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1850 | +0.579% | $181K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1710 | −0.066% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1730 | +0.026% | $531K | $2.0M | 50x | as long as short |
| Extended TRUMP-USDlong | +0.0104% | 1h | 2.1724 | long leg | $115K | $705K | 25x | |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.1665 | −0.273% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC]short | L +0.0216% / S −0.0188% | 1h | 2.1706 | −0.082% | $10K | — | 100x | |
| Kraken Futures PF_TRUMPUSD | +0.0289% | 1h | 2.1708 | −0.074% | $1.3M | $2.2M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0504% | 1h | 2.1710 | −0.066% | $281K | $300K | 50x | as long as short |
Extended TRUMP-USD
GMX TRUMP/USD [ETH-USDC]
Injective TRUMP/USDC PERP
Lighter TRUMP
Gate TRUMP_USDT
SoDEX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
Paradex TRUMP-USD-PERP
edgeX TRUMPUSDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Backpack TRUMP_USDC_PERP
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX