Spread before costs (cost unknown: a leg has no order-book sample)−0.059%
7d average—if it closes, per $10,000$6funding while held, a day−$8.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TRUMP_USDC_PERP | 2.1446 | 0.0285 | pay 0.0036% / 1h | 52m 40s | $253K | $264K | 10x |
| Short | gTrade (Gains Network) TRUMP/USD | 2.1433 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 52m 40s | $54K | — | 150x |
Backpack TRUMP_USDC_PERP
gTrade (Gains Network) TRUMP/USDPrice 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
- −$5.92
- Funding while held
- −$8.34
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$34.26
- Spread needed to break even
- 0.200%
Slippage unknown: Backpack: live order book, 47 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0278%
- Per $10,000 a day
- −$8.34
- 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 Backpack live order book, 47 min ago | 0.23 bp | 6.4 bp −$6 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni2.1286cheapestInjective2.1310+0.111%Coinbase International2.1310+0.111%edgeX2.1348+0.289%BloFin2.1400+0.534%Orderly2.1420+0.628%Aevo2.1420+0.628%SoDEX2.1420+0.628%Lighter2.1425+0.651%Reya2.1426+0.658%OKX2.1430+0.675%Gate2.1430+0.675%MEXC2.1430+0.675%GMX2.1432+0.685%
Variational Omni
Injective
Coinbase International
BloFin
Orderly
Aevo
SoDEX
Lighter
Reya
OKX
Gate
MEXC
GMXgTrade (Gains Network)2.1433+0.690%
Aster2.1434+0.692%Extended2.1435+0.697%Kraken Futures2.1435+0.697%Deribit2.1435+0.698%Pacifica2.1435+0.699%Paradex2.1438+0.712%Binance2.1440+0.722%Bybit2.1440+0.722%Bitget2.1440+0.722%
Aster
Extended
Kraken Futures
Deribit
Pacifica
Paradex
Binance
Bybit
BitgetBackpack2.1446+0.750%
KuCoin2.1450+0.769%SunX2.1450+0.769%HTX2.1450+0.769%dYdX2.1451+0.774%Hyperliquid2.1455+0.792%
KuCoin
SunX
HTX
dYdX
HyperliquidTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni TRUMP | −0.744% | +0.0100% | 4h | $662K | $230K | — | as long as short |
| Injective TRUMP/USDC PERP | −0.634% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.634% | +0.0424% | 1h | $274K | $392K | 50x | as long as short |
| edgeX TRUMPUSDC | −0.458% | +0.0050% | 4h | $116K | $242K | 20x | as long as short |
| BloFin TRUMP-USDT | −0.214% | +0.0340% | 4h | $4.2M | $448K | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.121% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| Aevo TRUMP-PERP | −0.121% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| SoDEX TRUMP-USD | −0.121% | +0.0080% | 1h | $81 | $6K | 5x | as long as short |
| Lighter TRUMP | −0.098% | −0.0280% | 1h | $959K | $578K | 10x | as long as short |
| Reya TRUMPRUSDPERP | −0.091% | −0.0245% | 1h | $5 | — | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRUMP-USDT-SWAP | −0.075% | +0.0100% | 4h | $26.4M | $142.1M | 50x | as long as short |
| Gate TRUMP_USDT | −0.075% | +0.0020% | 4h | $7.4M | $43.9M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.075% | +0.0100% | 4h | $473K | $132K | 125x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.064% | L +0.0228% / S −0.0259% | 1h | $11K | — | 100x | as long as short |
| gTrade (Gains Network) TRUMP/USDshort | −0.059% | L +0.0008% / S −0.0007% | 1h | $54K | — | 150x | |
| Aster TRUMPUSDT | −0.057% | +0.0100% | 4h | $421K | $850K | 20x | as long as short |
| Extended TRUMP-USD | −0.053% | +0.0104% | 1h | $73K | $474K | 25x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.052% | −0.0357% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.051% | 0.0000% | 1h | $402K | $77K | 10x | as long as short |
| Pacifica TRUMP | −0.050% | +0.0100% | 1h | $185K | $70K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | −0.038% | +0.0056% | 8h | $5K | — | 5x | as long as short |
| Binance TRUMPUSDT | −0.028% | +0.0100% | 4h | $61.4M | $207.2M | 75x | as long as short |
| Bybit TRUMPUSDT | −0.028% | +0.0100% | 4h | $29.7M | $40.4M | 50x | as long as short |
| Bitget TRUMPUSDT | −0.028% | +0.0100% | 4h | $15.2M | $19.6M | 75x | as long as short |
| Backpack TRUMP_USDC_PERPlong | 0.000% | +0.0285% | 1h | $253K | $264K | 10x | |
| KuCoin TRUMPUSDTM | +0.019% | +0.0100% | 4h | $4.2M | $9.1M | 50x | as long as short |
| SunX TRUMP-USDT | +0.019% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.019% | +0.0100% | 4h | $494K | $1.6M | 50x | as long as short |
| dYdX TRUMP-USD | +0.024% | 0.0000% | 1h | $27K | $485 | 5x | as long as short |
| Hyperliquid TRUMP | +0.042% | +0.0100% | 1h | $13.6M | $7.3M | 10x | as long as short |