After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.014%7d average−0.007%fees + slippage, in and out−$45spread needed0.453%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TRUMP_USDC_PERP | 2.1483 | 0.0100 | pay 0.0013% / 1h | 44m 59s | $255K | $259K | 10x |
| Short | HTX TRUMP-USDT | 2.1480 | 0.0100 | get 0.0050% / 4h | 2h 44m | $509K | $1.6M | 50x |
Backpack TRUMP_USDC_PERP
HTX TRUMP-USDTPrice 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
- −$1.4
- Funding while held
- $0
- Slippage, 4 orders
- −$23.26
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$46.66
- Spread needed to break even
- 0.453%
Slippage from Backpack: live order book, 60 min ago; HTX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 60 min ago | 0.23 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 6.95 bp | 12.9 bp −$13 | 25.5 bp −$255 | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1360cheapestMEXC2.1450+0.421%BloFin2.1450+0.421%Paradex2.1451+0.426%Lighter2.1453+0.435%Aevo2.1455+0.447%Reya2.1456+0.449%SoDEX2.1457+0.454%Bybit2.1460+0.468%OKX2.1460+0.468%Gate2.1460+0.468%Orderly2.1460+0.468%Pacifica2.1465+0.492%Extended2.1465+0.493%Binance2.1465+0.493%GMX2.1469+0.510%Aster2.1470+0.515%KuCoin2.1470+0.515%Bitget2.1470+0.515%gTrade (Gains Network)2.1471+0.518%Deribit2.1471+0.520%SunX2.1480+0.562%
Injective
MEXC
BloFin
Paradex
Lighter
Aevo
Reya
SoDEX
Bybit
OKX
Gate
Orderly
Pacifica
Extended
Binance
GMX
Aster
KuCoin
Bitget
gTrade (Gains Network)
Deribit
SunXHTX2.1480+0.562%
Backpack2.1483+0.576%
Kraken Futures2.1483+0.577%Hyperliquid2.1487+0.595%dYdX2.1491+0.612%Variational Omni2.1516+0.729%Coinbase International2.1560+0.936%edgeX2.1575+1.009%
Kraken Futures
Hyperliquid
dYdX
Variational Omni
Coinbase InternationalTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.573% | −0.1677% | 1h | $12K | $109K | 12x | as long as short |
| MEXC TRUMP_USDC | −0.154% | +0.0100% | 4h | $489K | $131K | 125x | as long as short |
| BloFin TRUMP-USDT | −0.154% | +0.0340% | 4h | $4.2M | $453K | 75x | as long as short |
| Paradex TRUMP-USD-PERP | −0.149% | +0.0080% | 8h | $5K | — | 5x | as long as short |
| Lighter TRUMP | −0.140% | −0.0008% | 1h | $960K | $578K | 10x | as long as short |
| Aevo TRUMP-PERP | −0.128% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Reya TRUMPRUSDPERP | −0.126% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| SoDEX TRUMP-USD | −0.121% | +0.0100% | 1h | $85 | $6K | 5x | as long as short |
| Bybit TRUMPUSDT | −0.107% | +0.0100% | 4h | $29.9M | $40.1M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.107% | +0.0100% | 4h | $26.3M | $141.2M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.107% | +0.0100% | 4h | $7.3M | $43.3M | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.107% | +0.0092% | 4h | $3K | $249K | 10x | as long as short |
| Pacifica TRUMP | −0.084% | +0.0100% | 1h | $185K | $70K | 10x | as long as short |
| Extended TRUMP-USD | −0.083% | +0.0104% | 1h | $74K | $474K | 25x | as long as short |
| Binance TRUMPUSDT | −0.082% | +0.0100% | 4h | $61.5M | $204.6M | 75x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.065% | L +0.0229% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| Aster TRUMPUSDT | −0.061% | +0.0100% | 4h | $426K | $847K | 20x | as long as short |
| KuCoin TRUMPUSDTM | −0.061% | +0.0100% | 4h | $4.4M | $9.0M | 50x | as long as short |
| Bitget TRUMPUSDT | −0.061% | +0.0100% | 4h | $15.0M | $19.6M | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.058% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.056% | 0.0000% | 1h | $402K | $77K | 10x | as long as short |
| SunX TRUMP-USDT | −0.014% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDTshort | −0.014% | +0.0100% | 4h | $509K | $1.6M | 50x | |
| Backpack TRUMP_USDC_PERPlong | 0.000% | +0.0100% | 1h | $255K | $259K | 10x | |
| Kraken Futures PF_TRUMPUSD | +0.001% | −0.0155% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Hyperliquid TRUMP | +0.019% | +0.0100% | 1h | $13.8M | $7.3M | 10x | as long as short |
| dYdX TRUMP-USD | +0.036% | 0.0000% | 1h | $27K | $481 | 5x | as long as short |
| Variational Omni TRUMP | +0.152% | +0.0100% | 4h | $669K | $239K | — | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.358% | +0.0496% | 1h | $285K | $387K | 50x | as long as short |
| edgeX TRUMPUSDC | +0.430% | +0.0050% | 4h | $117K | $243K | 20x | as long as short |