Funding you earn now, next payment 04:00 UTC−0.0393%/8h= −43.1% APRnext payment −$0.49 per $10,000 · paid last 24h −0.118%
Price spread now: gTrade (Gains Network) against Coinbase International+0.065%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.065% dearer against Coinbase International than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TRUMP-PERP-INTX | 2.1790 | 0.0400 | pay 0.0050% / 1h | 42m 14s | $282K | $279K | 50x |
| Short | gTrade (Gains Network) TRUMP/USD | 2.1804 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 42m 14s | $41K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Coinbase International. 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
- −$82.62
- Price spread: +0.065% → 0.000%
- $6.47
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$96.15
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 11 min ago; gTrade (Gains Network): 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 Coinbase International live order book, 11 min ago | 13.74 bp | 23.2 bp −$23 | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | 2.1740 | −0.229% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1781 | −0.039% | $5 | — | 10x | as long as short |
| SoDEX TRUMP-USD | −0.0151% | 1h | 2.1780 | −0.046% | $95 | $6K | 5x | as long as short |
| Bybit TRUMPUSDT | −0.0143% | 4h | 2.1790 | 0.000% | $30.8M | $50.0M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0117% | 1h | 2.1796 | +0.028% | $410K | $72K | 10x | as long as short |
| Extended TRUMP-USD | −0.0048% | 1h | 2.1779 | −0.051% | $75K | $722K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0046% | 4h | 2.1800 | +0.046% | $61.7M | $244.5M | 75x | as long as short |
| Gate TRUMP_USDT | −0.0030% | 4h | 2.1800 | +0.046% | $7.8M | $51.2M | 75x | as long as short |
| Variational Omni TRUMP | −0.0022% | 4h | 2.1801 | +0.051% | $676K | $513K | — | as long as short |
| edgeX TRUMPUSDC | −0.0016% | 4h | 2.1821 | +0.143% | $106K | $265K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1866 | +0.350% | $27K | $512 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USDshort | L +0.0008% / S −0.0007% | 1h | 2.1804 | +0.065% | $41K | — | 150x | |
| Orderly PERP_TRUMP_USDC | +0.0035% | 4h | 2.1780 | −0.046% | $4K | $173K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0040% | 8h | 2.1816 | +0.118% | $5K | $175 | 5x | as long as short |
| Aevo TRUMP-PERP | +0.0072% | 1h | 2.1770 | −0.090% | $19K | — | 3x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.1841 | +0.234% | $967K | $968K | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1809 | +0.087% | $13.8M | $8.0M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1828 | +0.175% | $427K | $816K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1838 | +0.222% | $188K | $52K | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1780 | −0.046% | $27.9M | $178.8M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1800 | +0.046% | $409K | $149K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1820 | +0.138% | $4.3M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1790 | 0.000% | $15.9M | $25.9M | 75x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1840 | +0.229% | $179K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1810 | +0.092% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1810 | +0.092% | $508K | $2.3M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0171% / S −0.0141% | 1h | 2.1810 | +0.091% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0172% | 1h | 2.1808 | +0.084% | $1.3M | $2.2M | 50x | as long as short |
| BloFin TRUMP-USDT | +0.0194% | 4h | 2.1880 | +0.413% | $4.2M | $683K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTXlong | +0.0400% | 1h | 2.1790 | long leg | $282K | $279K | 50x | |
| Backpack TRUMP_USDC_PERP | +0.0408% | 1h | 2.1910 | +0.551% | $344K | $374K | 10x | as long as short |
Coinbase International TRUMP-PERP-INTX
gTrade (Gains Network) TRUMP/USD
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Bybit TRUMPUSDT
Deribit TRUMP_USDC-PERPETUAL
Extended TRUMP-USD
Binance TRUMPUSDT
Gate TRUMP_USDT
Variational Omni TRUMP
edgeX TRUMPUSDC
Paradex TRUMP-USD-PERP
Lighter TRUMP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Kraken Futures PF_TRUMPUSD
BloFin TRUMP-USDT
Backpack TRUMP_USDC_PERP