TRUMP

Alert

Funding spread now, next payment 17:00 UTC+0.1772%/8h

next payment, per $10,000+$2.22paid, last 24h+0.507%paid, last 3 days+0.380%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 0.380% in total (about 48.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.22 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	Injective TRUMP/USDC PERP	2.1580	−0.1508	get 0.0189% / 1h	35m 38s	$13K	$151K	12x
Short	GMX TRUMP/USD [ETH-USDC]	2.1674	L +0.0229% / S −0.0264%	get 0.0033% / 1h	35m 38s	$12K	—	100x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee GMXbpOrdersRate

Funding earned: $372.15
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: $360.13
Break-even: 0.2 days

Slippage unknown: Injective: live order book, 55 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.435%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Injective live order book, 55 min ago	39.78 bp	53.8 bp −$54	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 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERPlong	−0.1508%	1h	$13K	$151K	12x
Kraken Futures PF_TRUMPUSD	−0.0260%	1h	$1.0M	$2.0M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	$27K	$478	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	$406K	$84K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	$55K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	$118K	$242K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0077%	8h	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0092%	4h	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	$968K	$580K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	$432K	$873K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	$187K	$75K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	$62.7M	$205.6M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	$29.9M	$40.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	$26.6M	$147.5M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	$7.4M	$42.6M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	$452K	$130K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	$4.4M	$9.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	$15.2M	$19.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	$674K	$236K	—	as long as short
SunX TRUMP-USDT	+0.0100%	4h	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	$85	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	$473K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	$75K	$482K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0140%	1h	$13.8M	$7.3M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]short	L +0.0229% / S −0.0264%	1h	$12K	—	100x
Backpack TRUMP_USDC_PERP	+0.0282%	1h	$256K	$272K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	$4.3M	$467K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0376%	1h	$293K	$398K	50x	as long as short