TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.1965%/8h= −215.1% APRnext payment −$2.46 per $10,000 · paid last 24h −0.560%

Price spread now: Injective against GMX−0.657%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 Injective

What this pair did over the last

the charts below follow

Funding, last 4 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 against this trade now: funding costs −$59 a day on $10k at the current rate, and Injective is 0.657% cheaper against GMX than usual: you would sell low and buy high (−$66 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]	2.1491	L +0.0136% / S −0.0098%	pay 0.0017% / 1h	37m 07s	$9K	—	100x
Short	Injective TRUMP/USDC PERP	2.1350	−0.1829	pay 0.0229% / 1h	37m 07s	$12K	$157K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.657%Rate

Funding earned: −$412.59
Price spread: −0.657% → 0.000%: −$65.73
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$490.34
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Injective: live order book, 47 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 Injective live order book, 47 min ago	35.19 bp	35.2 bp −$35	doesn't fit	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 PERPshort	−0.1829%	1h	2.1350	−0.657%	$12K	$157K	12x
SoDEX TRUMP-USD	−0.0636%	1h	2.1465	−0.122%	$71	$6K	5x	as long as short
Variational Omni TRUMP	−0.0300%	4h	2.1441	−0.232%	$661K	$415K	—	as long as short
Bybit TRUMPUSDT	−0.0295%	4h	2.1460	−0.146%	$30.6M	$51.8M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0262%	1h	2.1484	−0.034%	$389K	$81K	10x	as long as short
Binance TRUMPUSDT	−0.0251%	4h	2.1461	−0.143%	$60.9M	$247.6M	75x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1459	−0.149%	$74K	$494K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1472	−0.091%	$5	—	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0238%	4h	2.1460	−0.146%	$26.9M	$182.7M	50x	as long as short
Lighter TRUMP	−0.0232%	1h	2.1464	−0.127%	$938K	$990K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0222%	4h	2.1470	−0.099%	$7.7M	$49.6M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0158%	8h	2.1465	−0.120%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1470	−0.099%	$164K	$474K	50x	as long as short
GRVT TRUMP_USDT_Perp	−0.0122%	4h	2.1439	−0.244%	$180K	$4.3M	10x	as long as short
edgeX TRUMPUSDC	−0.0120%	4h	2.1432	−0.277%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0096%	4h	2.1470	−0.099%	$5K	$295K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0040%	4h	2.1480	−0.052%	$4.1M	$10.7M	50x	as long as short
dYdX TRUMP-USD	−0.0026%	1h	2.1486	−0.023%	$27K	$805	5x	as long as short
BloFin TRUMP-USDT	−0.0011%	4h	2.1460	−0.146%	$4.2M	$686K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1495	+0.015%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1470	−0.099%	$19K	—	3x	as long as short
Bitget TRUMPUSDT	+0.0030%	4h	2.1470	−0.099%	$15.3M	$26.5M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1485	−0.029%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1488	−0.015%	$408K	$719K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1493	+0.008%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1460	−0.146%	$398K	$148K	125x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1500	+0.041%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1490	−0.006%	$501K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1496	+0.023%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]long	L +0.0136% / S −0.0098%	1h	2.1491	long leg	$9K	—	100x
Backpack TRUMP_USDC_PERP	+0.0303%	1h	2.1502	+0.050%	$380K	$420K	10x	as long as short