TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0219%/8h= −24.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.029%

Price spread now: Extended against GMX−0.074%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 Extended

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 airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.074% cheaper against GMX than usual: you would sell low and buy high (−$7 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	GMX TRUMP/USD [ETH-USDC]	2.1885	L +0.0171% / S −0.0141%	pay 0.0021% / 1h	43m 14s	$10K	—	100x
Short	Extended TRUMP-USD	2.1869	−0.0048	pay 0.0006% / 1h	43m 14s	$75K	$722K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.074%Rate

Funding earned: −$46.02
Price spread: −0.074% → 0.000%: −$7.38
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$70.4
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Extended: live order book, 10 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 Extended live order book, 10 min ago	6.89 bp	9.9 bp −$10	32.2 bp −$322	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 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	2.1740	−0.663%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1871	−0.063%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0155%	4h	2.1880	−0.023%	$31.0M	$49.9M	50x	as long as short
SoDEX TRUMP-USD	−0.0119%	1h	2.1869	−0.074%	$95	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0084%	4h	2.1890	+0.022%	$7.9M	$51.1M	75x	as long as short
Extended TRUMP-USDshort	−0.0048%	1h	2.1869	−0.074%	$75K	$722K	25x
Binance TRUMPUSDT	−0.0046%	4h	2.1880	−0.023%	$61.9M	$244.2M	75x	as long as short
Variational Omni TRUMP	−0.0022%	4h	2.1801	−0.384%	$676K	$513K	—	as long as short
edgeX TRUMPUSDC	−0.0016%	4h	2.1821	−0.293%	$106K	$265K	20x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1886	+0.002%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1884	−0.005%	$412K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1881	−0.019%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0035%	4h	2.1870	−0.069%	$4K	$173K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0040%	8h	2.1869	−0.075%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1860	−0.115%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1872	−0.060%	$969K	$968K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1897	+0.054%	$13.9M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1900	+0.067%	$429K	$816K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1869	−0.073%	$188K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1870	−0.069%	$27.9M	$179.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1880	−0.023%	$410K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1890	+0.022%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1880	−0.023%	$15.8M	$25.8M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1840	−0.206%	$179K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1890	+0.022%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1900	+0.068%	$511K	$2.3M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0171%	1h	2.1899	+0.065%	$1.3M	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]long	L +0.0171% / S −0.0141%	1h	2.1885	long leg	$10K	—	100x
BloFin TRUMP-USDT	+0.0194%	4h	2.1880	−0.023%	$4.2M	$683K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1880	−0.023%	$283K	$280K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0408%	1h	2.1910	+0.114%	$344K	$374K	10x	as long as short