After costs, if the gap returns to its 7d average, $10k−$183
spread now−0.821%7d average−0.091%fees + slippage, in and out−$110spread needed1.102%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TRUMP_USDC_PERP | 2.1547 | 0.0257 | pay 0.0032% / 1h | 26m 27s | $254K | $265K | 10x |
| Short | Injective TRUMP/USDC PERP | 2.1370 | −0.1702 | pay 0.0213% / 1h | 26m 27s | $12K | $81K | 12x |
Backpack TRUMP_USDC_PERP
Injective TRUMP/USDC PERPPrice 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
- −$82.15
- Funding while held
- −$58.76
- Slippage, 4 orders
- −$100.2
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$251.12
- Spread needed to break even
- 1.102%
Slippage from Backpack: live order book, 8 min ago; Injective: live order book, 54 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1959%
- Per $10,000 a day
- −$58.76
- 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, 8 min ago | 0.23 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 54 min ago | 39.67 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1370cheapest
Bybit2.1490+0.562%MEXC2.1490+0.562%edgeX2.1491+0.564%Reya2.1491+0.566%Binance2.1491+0.568%Variational Omni2.1496+0.589%Lighter2.1499+0.604%OKX2.1500+0.608%Gate2.1500+0.608%Bitget2.1500+0.608%Extended2.1504+0.628%Aevo2.1505+0.632%Paradex2.1509+0.652%Pacifica2.1514+0.674%SoDEX2.1515+0.679%Aster2.1518+0.691%Hyperliquid2.1519+0.698%KuCoin2.1520+0.702%Orderly2.1520+0.702%Coinbase International2.1520+0.702%BloFin2.1520+0.702%GMX2.1525+0.723%dYdX2.1528+0.739%Deribit2.1529+0.744%gTrade (Gains Network)2.1529+0.745%SunX2.1530+0.749%Kraken Futures2.1536+0.776%HTX2.1540+0.796%
Bybit
MEXC
Reya
Binance
Variational Omni
Lighter
OKX
Gate
Bitget
Extended
Aevo
Paradex
Pacifica
SoDEX
Aster
Hyperliquid
KuCoin
Orderly
Coinbase International
BloFin
GMX
dYdX
Deribit
gTrade (Gains Network)
SunX
Kraken Futures
HTXBackpack2.1547+0.828%
TRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERPshort | −0.821% | −0.1702% | 1h | $12K | $81K | 12x | |
| Bybit TRUMPUSDT | −0.265% | +0.0100% | 4h | $30.0M | $40.6M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.265% | +0.0090% | 4h | $474K | $134K | 125x | as long as short |
| edgeX TRUMPUSDC | −0.262% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |
| Reya TRUMPRUSDPERP | −0.260% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.258% | +0.0100% | 4h | $61.5M | $207.3M | 75x | as long as short |
| Variational Omni TRUMP | −0.237% | +0.0100% | 4h | $667K | $230K | — | as long as short |
| Lighter TRUMP | −0.223% | −0.0312% | 1h | $961K | $583K | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.218% | +0.0100% | 4h | $26.6M | $143.0M | 50x | as long as short |
| Gate TRUMP_USDT | −0.218% | +0.0026% | 4h | $7.4M | $44.1M | 75x | as long as short |