Funding you earn now, next payment 03:00 UTC−0.0461%/8h= −50.5% APRnext payment −$0.58 per $10,000 · paid last 24h −0.130%
Price spread now: Reya against GMX−0.783%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Reya is 0.783% cheaper against GMX than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | GMX TRUMP/USD [ETH-USDC] | 2.1857 | L +0.0216% / S −0.0188% | pay 0.0027% / 1h | 50m 26s | $10K | — | 100x |
| Short | Reya TRUMPRUSDPERP | 2.1686 | −0.0245 | pay 0.0031% / 1h | 50m 26s | $5 | — | 10x |
GMX TRUMP/USD [ETH-USDC]
Reya TRUMPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$96.84
- Price spread: −0.783% → 0.000%
- −$78.33
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$193.18
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Reya: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
GMX and Reya: 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 | −0.1659% | 1h | 2.1770 | −0.398% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERPshort | −0.0245% | 1h | 2.1686 | −0.783% | $5 | — | 10x | |
| Lighter TRUMP | −0.0120% | 1h | 2.1791 | −0.302% | $970K | $792K | 10x | as long as short |
| Gate TRUMP_USDT | −0.0110% | 4h | 2.1730 | −0.581% | $7.6M | $49.1M | 75x | as long as short |
| SoDEX TRUMP-USD | −0.0041% | 1h | 2.1865 | +0.037% | $85 | $6K | 5x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1780 | −0.352% | $27K | $512 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1861 | +0.018% | $411K | $72K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1857 | +0.001% | $42K | — | 150x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.1808 | −0.226% | $106K | $263K | 20x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0054% | 8h | 2.1800 | −0.262% | $5K | $175 | 5x | as long as short |
Injective TRUMP/USDC PERP
Lighter TRUMP
Gate TRUMP_USDT
SoDEX TRUMP-USD
dYdX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
edgeX TRUMPUSDC
Paradex TRUMP-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TRUMP_USDC | +0.0083% | 4h | 2.1850 | −0.032% | $4K | $239K | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1709 | −0.676% | $14.3M | $7.5M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1824 | −0.149% | $432K | $826K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1796 | −0.280% | $188K | $56K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.1706 | −0.692% | $63.0M | $234.9M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1700 | −0.718% | $31.1M | $48.1M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1680 | −0.810% | $28.1M | $168.0M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1700 | −0.718% | $426K | $142K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1830 | −0.123% | $4.2M | $11.0M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1700 | −0.718% | $15.6M | $24.7M | 75x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0100% | 1h | 2.1883 | +0.119% | $259K | $314K | 10x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.1831 | −0.120% | $688K | $447K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1860 | +0.014% | $181K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1870 | +0.060% | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1870 | +0.060% | $535K | $2.0M | 50x | as long as short |
| Extended TRUMP-USD | +0.0104% | 1h | 2.1684 | −0.790% | $115K | $705K | 25x | as long as short |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.1840 | −0.077% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC]long | L +0.0216% / S −0.0188% | 1h | 2.1857 | long leg | $10K | — | 100x | |
| Kraken Futures PF_TRUMPUSD | +0.0286% | 1h | 2.1902 | +0.205% | $1.3M | $2.2M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0504% | 1h | 2.2000 | +0.654% | $285K | $303K | 50x | as long as short |
Orderly PERP_TRUMP_USDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Backpack TRUMP_USDC_PERP
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
Extended TRUMP-USD
Aevo TRUMP-PERP
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX