TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0133%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.056%

Price spread now: GMX against gTrade (Gains Network)+0.021%59s7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on GMX

What this pair did over the last

the charts below follow

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

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.021% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRUMP/USD	2.1625	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	5m 33s	$41K	—	150x
Short	GMX TRUMP/USD [ETH-USDC]	2.1630	L +0.0171% / S −0.0141%	get 0.0018% / 1h	5m 33s	$10K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.021%Rate

Funding earned: $27.91
Price spread: +0.021% → 0.000%: $2.12
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $8.03
Costs to cover: 0.220%
Break-even: 5.0 days

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

gTrade (Gains Network) and 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 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	2.1520	−0.486%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0374%	1h	2.1615	−0.046%	$84	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1601	−0.110%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0244%	8h	2.1617	−0.035%	$5K	$175	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0166%	1h	2.1630	+0.023%	$407K	$72K	10x	as long as short
Binance TRUMPUSDT	−0.0155%	4h	2.1600	−0.116%	$61.1M	$246.3M	75x	as long as short
Extended TRUMP-USD	−0.0152%	1h	2.1592	−0.153%	$77K	$718K	25x	as long as short
Bybit TRUMPUSDT	−0.0141%	4h	2.1610	−0.069%	$30.8M	$50.6M	50x	as long as short
Gate TRUMP_USDT	−0.0102%	4h	2.1610	−0.069%	$7.9M	$52.5M	75x	as long as short
edgeX TRUMPUSDC	−0.0069%	4h	2.1588	−0.170%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	−0.0064%	1h	2.1606	−0.088%	$955K	$977K	10x	as long as short
Variational Omni TRUMP	−0.0058%	4h	2.1621	−0.017%	$668K	$437K	—	as long as short
dYdX TRUMP-USD	−0.0006%	1h	2.1626	+0.005%	$27K	$512	5x	as long as short
Orderly PERP_TRUMP_USDC	−0.0002%	4h	2.1610	−0.069%	$5K	$199K	10x	as long as short
gTrade (Gains Network) TRUMP/USDlong	L +0.0008% / S −0.0007%	1h	2.1625	long leg	$41K	—	150x
GRVT TRUMP_USDT_Perp	+0.0012%	4h	2.1626	+0.006%	$180K	$4.7M	10x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1598	−0.123%	$19K	—	3x	as long as short
OKX TRUMP-USDT-SWAP	+0.0066%	4h	2.1600	−0.116%	$27.7M	$179.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0088%	4h	2.1600	−0.116%	$4.2M	$650K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1622	−0.014%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1608	−0.080%	$407K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1633	+0.035%	$186K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1600	−0.116%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1600	−0.116%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1610	−0.069%	$15.6M	$26.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1630	+0.023%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1660	+0.162%	$493K	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]short	L +0.0171% / S −0.0141%	1h	2.1630	+0.021%	$10K	—	100x
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1648	+0.108%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0197%	1h	2.1655	+0.139%	$384K	$402K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1640	+0.069%	$283K	$277K	50x	as long as short