After costs, if the gap returns to its 7d average, $10k−$38
spread now−0.116%7d average−0.070%fees + slippage, in and out−$34spread needed0.336%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TRUMP_USDC_PERP | 2.1369 | 0.0280 | pay 0.0035% / 1h | 19m 22s | $253K | $269K | 10x |
| Short | Aster TRUMPUSDT | 2.1344 | 0.0100 | get 0.0050% / 4h | 3h 19m | $425K | $876K | 20x |
Backpack TRUMP_USDC_PERP
Aster TRUMPUSDTPrice 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
- −$11.57
- Funding while held
- −$5.4
- Slippage, 4 orders
- −$15.55
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$50.52
- Spread needed to break even
- 0.336%
Slippage from Backpack: live order book, 25 min ago; Aster: live order book, 25 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0180%
- Per $10,000 a day
- −$5.40
- 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 Backpack live order book, 25 min ago | 0.23 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 25 min ago | 2.29 bp | 7.8 bp −$8 | 22.6 bp −$226 | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Reya2.1288cheapestBybit2.1290+0.009%OKX2.1290+0.009%Gate2.1290+0.009%Aevo2.1296+0.036%Binance2.1296+0.036%MEXC2.1300+0.056%Bitget2.1300+0.056%GMX2.1308+0.093%Lighter2.1310+0.103%gTrade (Gains Network)2.1311+0.107%Extended2.1327+0.182%Paradex2.1333+0.212%KuCoin2.1340+0.244%Pacifica2.1341+0.248%
Reya
Bybit
OKX
Gate
Aevo
Binance
MEXC
Bitget
GMX
Lighter
gTrade (Gains Network)
Extended
Paradex
KuCoin
PacificaAster2.1344+0.264%
dYdX2.1348+0.281%Hyperliquid2.1350+0.291%Orderly2.1360+0.338%
dYdX
Hyperliquid
OrderlyBackpack2.1369+0.380%
HTX2.1370+0.385%SoDEX2.1375+0.408%Coinbase International2.1380+0.432%Deribit2.1381+0.436%Kraken Futures2.1397+0.513%SunX2.1400+0.526%Injective2.1410+0.573%BloFin2.1440+0.714%Variational Omni2.1506+1.022%edgeX2.1522+1.100%
HTX
SoDEX
Coinbase International
Deribit
Kraken Futures
SunX
Injective
BloFin
Variational OmniTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya TRUMPRUSDPERP | −0.379% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.370% | +0.0100% | 4h | $29.5M | $40.9M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.370% | +0.0100% | 4h | $26.1M | $145.5M | 50x | as long as short |
| Gate TRUMP_USDT | −0.370% | +0.0100% | 4h | $7.3M | $43.5M | 75x | as long as short |
| Aevo TRUMP-PERP | −0.343% | +0.0104% | 1h | $18K | — | 3x | as long as short |
| Binance TRUMPUSDT | −0.343% | +0.0100% | 4h | $61.3M | $207.6M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.323% | +0.0100% | 4h | $444K | $131K | 125x | as long as short |
| Bitget TRUMPUSDT | −0.323% | +0.0100% | 4h | $14.9M | $20.1M | 75x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.286% | L +0.0229% / S −0.0264% | 1h | $11K | — | 100x | as long as short |
| Lighter TRUMP | −0.276% | +0.0096% | 1h | $953K | $581K | 10x | as long as short |