TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.060%

Price spread now: Coinbase International against GMX−0.281%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Coinbase International

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

Funding pays, the price is against you. Coinbase International is 0.281% cheaper against GMX than usual: you would sell low and buy high (spread −0.281% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 2.9 days of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX TRUMP/USD [ETH-USDC]	2.1942	L +0.0216% / S −0.0188%	pay 0.0027% / 1h	13m 57s	$10K	—	100x
Short	Coinbase International TRUMP-PERP-INTX	2.1880	0.0536	get 0.0067% / 1h	13m 57s	$284K	$303K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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 GMXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.281%Rate

Funding earned: $67.11
Price spread: −0.281% → 0.000%: −$28.06
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $17.05
Costs to cover: 0.220%
Break-even: 5.2 days

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 54 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 GMX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 54 min ago	17.81 bp	24.1 bp −$24	36.2 bp −$362	doesn't fit	doesn't fit

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 30 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	2.1890	−0.235%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1931	−0.047%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0068%	4h	2.1930	−0.053%	$7.7M	$49.6M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1946	+0.019%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1946	+0.020%	$413K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1945	+0.018%	$43K	—	150x	as long as short
Lighter TRUMP	+0.0048%	1h	2.1937	−0.021%	$976K	$792K	10x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1945	+0.016%	$107K	$263K	20x	as long as short
SoDEX TRUMP-USD	+0.0070%	1h	2.1945	+0.016%	$78	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	+0.0070%	8h	2.1946	+0.021%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1930	−0.053%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1960	+0.084%	$14.3M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1935	−0.032%	$434K	$859K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1935	−0.028%	$189K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1930	−0.053%	$63.7M	$236.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1930	−0.053%	$31.5M	$48.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1930	−0.053%	$28.6M	$171.4M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1920	−0.098%	$436K	$147K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1940	−0.007%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1940	−0.007%	$15.7M	$24.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1871	−0.322%	$689K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1996	+0.250%	$182K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1960	+0.084%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1980	+0.175%	$557K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1910	−0.146%	$76K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1940	−0.007%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]long	L +0.0216% / S −0.0188%	1h	2.1942	long leg	$10K	—	100x
Backpack TRUMP_USDC_PERP	+0.0267%	1h	2.1957	+0.070%	$257K	$322K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0514%	1h	2.1969	+0.127%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTXshort	+0.0536%	1h	2.1880	−0.281%	$284K	$303K	50x