Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Extended against gTrade (Gains Network)−0.024%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. Extended is 0.024% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 20 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRUMP/USD | 2.2145 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 35m 10s | $43K | — | 150x |
| Short | Extended TRUMP-USD | 2.2139 | 0.0104 | get 0.0013% / 1h | 35m 10s | $76K | $599K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.1
- Price spread: −0.024% → 0.000%
- −$2.37
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $2.73
- Costs to cover
- 0.150%
- Break-even
- 6.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 33 min ago. 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 Extended live order book, 33 min ago | 4.46 bp | 7.5 bp −$8 | 30.1 bp −$301 | doesn't fit | doesn't fit |
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 | −0.1623% | 1h | 2.2030 | −0.518% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.2124 | −0.092% | $5 | — | 10x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.2146 | +0.006% | $28K | $512 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.2149 | +0.020% | $417K | $80K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USDlong | L +0.0008% / S −0.0007% | 1h | 2.2145 | long leg | $43K | — | 150x | |
| Gate TRUMP_USDT | +0.0016% | 4h | 2.2140 | −0.021% | $7.8M | $48.9M | 75x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.2067 | −0.351% | $107K | $262K | 20x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0077% | 8h | 2.2142 | −0.010% | $5K | $175 | 5x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0087% | 4h | 2.2130 | −0.066% | $3K | $244K | 10x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.2137 | −0.034% | $984K | $789K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRUMP | +0.0100% | 1h | 2.2161 | +0.074% | $14.7M | $7.0M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.2151 | +0.031% | $438K | $861K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.2143 | −0.008% | $191K | $57K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.2140 | −0.021% | $64.3M | $236.0M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.2150 | +0.024% | $31.7M | $48.3M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.2150 | +0.024% | $29.0M | $171.1M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.2130 | −0.066% | $441K | $145K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.2150 | +0.024% | $4.1M | $11.0M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.2150 | +0.024% | $15.8M | $24.2M | 75x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.2122 | −0.104% | $697K | $448K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.2076 | −0.309% | $182K | $4.7M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.2170 | +0.115% | $2K | $1.6M | 50x | as long as short |
| SoDEX TRUMP-USD | +0.0100% | 1h | 2.2145 | +0.002% | $78 | $6K | 5x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.2190 | +0.205% | $554K | $2.0M | 50x | as long as short |
| Extended TRUMP-USDshort | +0.0104% | 1h | 2.2139 | −0.024% | $76K | $599K | 25x | |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.2130 | −0.066% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0217% / S −0.0188% | 1h | 2.2138 | −0.030% | $10K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0314% | 1h | 2.2149 | +0.020% | $259K | $323K | 10x | as long as short |
| BloFin TRUMP-USDT | +0.0340% | 4h | 2.2230 | +0.386% | $4.4M | $697K | 75x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0509% | 1h | 2.2166 | +0.095% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0536% | 1h | 2.2190 | +0.205% | $288K | $308K | 50x | as long as short |
gTrade (Gains Network) TRUMP/USD
Extended TRUMP-USD
Injective TRUMP/USDC PERP
Deribit TRUMP_USDC-PERPETUAL
Gate TRUMP_USDT
edgeX TRUMPUSDC
Paradex TRUMP-USD-PERP
Lighter TRUMP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
SoDEX TRUMP-USD
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP
BloFin TRUMP-USDT
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX