TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.017%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.050%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on gTrade (Gains Network)

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

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and gTrade (Gains Network) is 0.050% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 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	Kraken Futures PF_TRUMPUSD	2.1785	0.0288	pay 0.0036% / 1h	25m 19s	$1.3M	$2.2M	50x
Short	gTrade (Gains Network) TRUMP/USD	2.1774	L +0.0008% / S −0.0007%	get 0.0001% / 1h	25m 19s	$42K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.050%Rate

Funding earned: −$59.03
Price spread: −0.050% → 0.000%: −$5.04
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$84.07
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 3 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 3 min ago	4.60 bp	21.6 bp −$22	37.0 bp −$370	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	−0.1659%	1h	2.1580	−0.943%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1751	−0.158%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0056%	4h	2.1770	−0.071%	$7.6M	$50.0M	75x	as long as short
Lighter TRUMP	−0.0032%	1h	2.1747	−0.177%	$968K	$795K	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0026%	1h	2.1770	−0.071%	$410K	$72K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1755	−0.138%	$27K	$512	5x	as long as short
SoDEX TRUMP-USD	+0.0003%	1h	2.1759	−0.122%	$84	$6K	5x	as long as short
gTrade (Gains Network) TRUMP/USDshort	L +0.0008% / S −0.0007%	1h	2.1774	−0.050%	$42K	—	150x
Paradex TRUMP-USD-PERP	+0.0041%	8h	2.1783	−0.012%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1701	−0.386%	$105K	$263K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TRUMPUSDT	+0.0050%	4h	2.1750	−0.163%	$31.0M	$48.3M	50x	as long as short
Orderly PERP_TRUMP_USDC	+0.0073%	4h	2.1760	−0.117%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1785	−0.002%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1785	−0.002%	$431K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1769	−0.076%	$187K	$55K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1750	−0.163%	$62.9M	$237.2M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1760	−0.117%	$27.4M	$170.4M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1750	−0.163%	$417K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1770	−0.071%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1770	−0.071%	$15.5M	$25.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1721	−0.298%	$682K	$453K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1728	−0.264%	$180K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1790	+0.021%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1800	+0.067%	$533K	$1.9M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0103%	1h	2.1762	−0.108%	$255K	$319K	10x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1749	−0.167%	$115K	$706K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1760	−0.117%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1769	−0.074%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSDlong	+0.0288%	1h	2.1785	long leg	$1.3M	$2.2M	50x
BloFin TRUMP-USDT	+0.0340%	4h	2.1750	−0.163%	$4.3M	$657K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1650	−0.622%	$280K	$297K	50x	as long as short