Spread before costs (cost unknown: a leg has no order-book sample)−0.011%
7d average—if it closes, per $10,000$1funding while held, a day−$0.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TRUMP-PERP | 2.1422 | 0.0104 | pay 0.0013% / 1h | 48m 21s | $19K | — | 3x |
| Short | Orderly PERP_TRUMP_USDC | 2.1420 | 0.0093 | get 0.0046% / 4h | 1h 48m | $3K | $249K | 10x |
Aevo TRUMP-PERP
Orderly PERP_TRUMP_USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.09
- Funding while held
- −$0.34
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$23.43
- Spread needed to break even
- 0.220%
Slippage unknown: Aevo: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0011%
- Per $10,000 a day
- −$0.34
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aevo and Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1310cheapestCoinbase International2.1310cheapestLighter2.1407+0.455%Variational Omni2.1416+0.495%Gate2.1420+0.516%
Injective
Coinbase International
Lighter
Variational Omni
GateOrderly2.1420+0.516%
edgeX2.1421+0.520%Aevo2.1422+0.527%
Pacifica2.1423+0.531%SoDEX2.1425+0.540%Binance2.1428+0.553%Extended2.1429+0.561%Paradex2.1430+0.561%Aster2.1430+0.563%Bybit2.1430+0.563%OKX2.1430+0.563%MEXC2.1430+0.563%BloFin2.1430+0.563%dYdX2.1430+0.564%Reya2.1430+0.565%KuCoin2.1440+0.610%Bitget2.1440+0.610%gTrade (Gains Network)2.1440+0.610%HTX2.1440+0.610%Deribit2.1443+0.624%GMX2.1443+0.626%Kraken Futures2.1444+0.631%Hyperliquid2.1450+0.657%Backpack2.1450+0.657%SunX2.1450+0.657%
Pacifica
SoDEX
Binance
Extended
Paradex
Aster
Bybit
OKX
MEXC
BloFin
dYdX
Reya
KuCoin
Bitget
gTrade (Gains Network)
HTX
Deribit
GMX
Kraken Futures
Hyperliquid
Backpack
SunXTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.524% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.524% | +0.0424% | 1h | $274K | $392K | 50x | as long as short |
| Lighter TRUMP | −0.072% | −0.0336% | 1h | $958K | $578K | 10x | as long as short |
| Variational Omni TRUMP | −0.032% | +0.0100% | 4h | $666K | $230K | — | as long as short |
| Gate TRUMP_USDT | −0.011% | +0.0018% | 4h | $7.4M | $44.0M | 75x | as long as short |
| Orderly PERP_TRUMP_USDCshort | −0.011% | +0.0093% | 4h | $3K | $249K | 10x | |
| edgeX TRUMPUSDC | −0.007% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |
| Aevo TRUMP-PERPlong | 0.000% | +0.0104% | 1h | $19K | — | 3x | |
| Pacifica TRUMP | +0.004% | +0.0100% | 1h | $185K | $70K | 10x | as long as short |
| SoDEX TRUMP-USD | +0.012% | +0.0060% | 1h | $81 | $6K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance TRUMPUSDT | +0.025% | +0.0100% | 4h | $61.4M | $207.5M | 75x | as long as short |
| Extended TRUMP-USD | +0.033% | +0.0104% | 1h | $73K | $472K | 25x | as long as short |
| Paradex TRUMP-USD-PERP | +0.034% | +0.0059% | 8h | $5K | — | 5x | as long as short |
| Aster TRUMPUSDT | +0.036% | +0.0100% | 4h | $421K | $850K | 20x | as long as short |
| Bybit TRUMPUSDT | +0.036% | +0.0100% | 4h | $29.7M | $40.4M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.036% | +0.0100% | 4h | $26.5M | $142.4M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.036% | +0.0100% | 4h | $473K | $132K | 125x | as long as short |
| BloFin TRUMP-USDT | +0.036% | +0.0340% | 4h | $4.2M | $446K | 75x | as long as short |
| dYdX TRUMP-USD | +0.037% | −0.0002% | 1h | $27K | $485 | 5x | as long as short |
| Reya TRUMPRUSDPERP | +0.038% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| KuCoin TRUMPUSDTM | +0.082% | +0.0100% | 4h | $4.2M | $9.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.082% | +0.0100% | 4h | $15.2M | $19.6M | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.082% | L +0.0008% / S −0.0007% | 1h | $54K | — | 150x | as long as short |
| HTX TRUMP-USDT | +0.082% | +0.0100% | 4h | $494K | $1.6M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.096% | 0.0000% | 1h | $402K | $77K | 10x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.098% | L +0.0228% / S −0.0259% | 1h | $11K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.103% | −0.0357% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Hyperliquid TRUMP | +0.129% | +0.0100% | 1h | $13.6M | $7.3M | 10x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.129% | +0.0333% | 1h | $253K | $265K | 10x | as long as short |
| SunX TRUMP-USDT | +0.129% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |