Funding spread now, next payment 16:00 UTC−0.1817%/8h
next payment, per $10,000−$2.27paid, last 24h−0.514%paid, last 3 days−0.379%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.379% in total (about -49.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TRUMP/USD [ETH-USDC] | 2.1454 | L +0.0229% / S −0.0264% | pay 0.0029% / 1h | 28m 05s | $12K | — | 100x |
| Short | Injective TRUMP/USDC PERP | 2.1260 | −0.1587 | pay 0.0198% / 1h | 28m 05s | $12K | $174K | 12x |
GMX TRUMP/USD [ETH-USDC]
Injective TRUMP/USDC PERPFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$381.56
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$393.58
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: live order book, 2 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.904%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 Injective live order book, 2 min ago | 39.78 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERPshort | −0.1587% | 1h | $12K | $174K | 12x | |
| Kraken Futures PF_TRUMPUSD | −0.0468% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Lighter TRUMP | −0.0056% | 1h | $959K | $615K | 10x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | $27K | $572 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | $392K | $73K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | $40K | — | 150x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0050% | 8h | $5K | — | 5x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | $116K | $242K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
Kraken Futures PF_TRUMPUSD
Reya TRUMPRUSDPERP
Lighter TRUMP
dYdX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
Paradex TRUMP-USD-PERP
Orderly PERP_TRUMP_USDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
Gate TRUMP_USDT
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Variational Omni TRUMP
SunX TRUMP-USDT
SoDEX TRUMP-USD
HTX TRUMP-USDT
Extended TRUMP-USD
Aevo TRUMP-PERP
Backpack TRUMP_USDC_PERP
Coinbase International TRUMP-PERP-INTX
BloFin TRUMP-USDT