TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.029%

Price spread now: Hyperliquid against gTrade (Gains Network)+0.086%7-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 Hyperliquid

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.086% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRUMP/USD	2.1936	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	44m 27s	$41K	—	150x
Short	Hyperliquid TRUMP	2.1955	0.0100	get 0.0013% / 1h	44m 27s	$14.1M	$7.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.086%Rate

Funding earned: $19.26
Price spread: +0.086% → 0.000%: $8.57
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $8.83
Costs to cover: 0.190%
Break-even: 3.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 8 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 Hyperliquid live order book, 8 min ago	0.23 bp	4.7 bp −$5	doesn't fit	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	−0.1472%	1h	2.1810	−0.575%	$13K	$137K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1933	−0.014%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1948	+0.053%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1933	−0.015%	$411K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USDlong	L +0.0008% / S −0.0007%	1h	2.1936	long leg	$41K	—	150x
edgeX TRUMPUSDC	+0.0050%	4h	2.1901	−0.160%	$119K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1930	−0.028%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0088%	8h	2.1945	+0.042%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1944	+0.036%	$976K	$671K	10x	as long as short
Hyperliquid TRUMPshort	+0.0100%	1h	2.1955	+0.086%	$14.1M	$7.5M	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.1954	+0.082%	$458K	$831K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1958	+0.101%	$189K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1952	+0.074%	$62.5M	$217.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1950	+0.063%	$30.7M	$42.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1940	+0.017%	$26.8M	$149.3M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1950	+0.063%	$7.3M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1930	−0.028%	$482K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1950	+0.063%	$4.6M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1950	+0.063%	$15.6M	$20.6M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1883	−0.243%	$682K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1884	−0.240%	$181K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1950	+0.063%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1945	+0.040%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1960	+0.108%	$518K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1951	+0.067%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1937	+0.006%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1916	−0.091%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0266%	1h	2.1954	+0.081%	$260K	$267K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1910	−0.119%	$4.2M	$519K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	−0.347%	$281K	$398K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0520%	1h	2.1975	+0.177%	$1.3M	$2.4M	50x	as long as short