TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.008%

Price spread now: dYdX against gTrade (Gains Network)−0.038%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.038% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRUMP/USD	2.1475	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	34m 51s	$40K	—	150x
Short	dYdX TRUMP-USD	2.1466	−0.0024	pay 0.0003% / 1h	34m 51s	$27K	$805	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee dYdXbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$6.76
Price spread: −0.038% → 0.000%: −$3.84
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$30.61
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; dYdX: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

gTrade (Gains Network) and dYdX: 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	−0.1829%	1h	2.1350	−0.580%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0590%	1h	2.1445	−0.138%	$71	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0403%	4h	2.1450	−0.115%	$30.6M	$51.8M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0309%	1h	2.1455	−0.091%	$388K	$81K	10x	as long as short
Variational Omni TRUMP	−0.0300%	4h	2.1451	−0.108%	$662K	$415K	—	as long as short
Gate TRUMP_USDT	−0.0270%	4h	2.1450	−0.115%	$7.7M	$49.7M	75x	as long as short
Extended TRUMP-USD	−0.0256%	1h	2.1439	−0.164%	$74K	$494K	25x	as long as short
Binance TRUMPUSDT	−0.0253%	4h	2.1452	−0.106%	$60.9M	$247.0M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0245%	4h	2.1430	−0.208%	$26.9M	$182.3M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1432	−0.200%	$5	—	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	−0.0232%	1h	2.1436	−0.180%	$937K	$990K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0161%	8h	2.1449	−0.119%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1450	−0.115%	$156K	$482K	50x	as long as short
GRVT TRUMP_USDT_Perp	−0.0122%	4h	2.1439	−0.166%	$180K	$4.3M	10x	as long as short
edgeX TRUMPUSDC	−0.0120%	4h	2.1432	−0.200%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0098%	4h	2.1450	−0.115%	$5K	$296K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0048%	4h	2.1440	−0.161%	$4.1M	$10.7M	50x	as long as short
dYdX TRUMP-USDshort	−0.0024%	1h	2.1466	−0.038%	$27K	$805	5x
BloFin TRUMP-USDT	−0.0013%	4h	2.1460	−0.068%	$4.2M	$686K	75x	as long as short
gTrade (Gains Network) TRUMP/USDlong	L +0.0008% / S −0.0007%	1h	2.1475	long leg	$40K	—	150x
Aevo TRUMP-PERP	+0.0024%	1h	2.1431	−0.203%	$19K	—	3x	as long as short
Bitget TRUMPUSDT	+0.0026%	4h	2.1450	−0.115%	$15.3M	$26.5M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1466	−0.040%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1467	−0.037%	$408K	$719K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1471	−0.017%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1440	−0.161%	$398K	$148K	125x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1490	+0.072%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1480	+0.025%	$499K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1472	−0.011%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1461	−0.064%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0294%	1h	2.1484	+0.044%	$383K	$422K	10x	as long as short