data as of
Settings8H · net · $10k
Price arb /

TRUMP

all TRUMP markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$44
spread now+0.012%7d average−0.025%fees + slippage, in and out−$48spread needed0.476%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack TRUMP_USDC_PERP2.13470.0214pay 0.0027% / 1h28m 34s$252K$247K10x
ShortKraken Futures PF_TRUMPUSD2.13500.0020get 0.0003% / 1h28m 34s$1.0M$1.9M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.22
Funding while held
−$5.81
Slippage, 4 orders
−$27.61
Fee Backpack: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$52.2
Spread needed to break even
0.476%
Slippage from Backpack: live order book, 26 min ago; Kraken Futures: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0194%
Per $10,000 a day
$5.81
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 26 min ago0.23 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago2.34 bp16.3 bp −$1625.3 bp −$253doesn't fitdoesn't fit

TRUMP price on every exchange

against the cheapest. Click to use as the short leg.

TRUMP on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International TRUMP-PERP-INTX−0.267%+0.0408%1h$276K$369K50xas long as short
Injective TRUMP/USDC PERP−0.220%−0.1543%1h$12K$131K12xas long as short
Reya TRUMPRUSDPERP−0.081%−0.0245%1h$510xas long as short
Orderly PERP_TRUMP_USDC−0.080%+0.0099%4h$3K$249K10xas long as short
Aevo TRUMP-PERP−0.080%+0.0104%1h$18K3xas long as short
SoDEX TRUMP-USD−0.052%+0.0100%1h$86$6K5xas long as short
MEXC TRUMP_USDC−0.033%+0.0100%4h$414K$119K125xas long as short
GMX TRUMP/USD [ETH-USDC]−0.030%L +0.0229% / S −0.0264%1h$11K100xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.028%−0.0031%1h$390K$70K10xas long as short
gTrade (Gains Network) TRUMP/USD−0.023%L +0.0008% / S −0.0007%1h$40K150xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid TRUMP−0.009%+0.0100%1h$11.1M$5.4M10xas long as short
Backpack TRUMP_USDC_PERPlong0.000%+0.0214%1h$252K$247K10x
Aster TRUMPUSDT+0.003%+0.0100%4h$221K$545K20xas long as short
Kraken Futures PF_TRUMPUSDshort+0.012%+0.0020%1h$1.0M$1.9M50x
Gate TRUMP_USDT+0.014%+0.0100%4h$7.3M$35.5M75xas long as short
KuCoin TRUMPUSDTM+0.014%+0.0100%4h$4.3M$8.0M50xas long as short
Paradex TRUMP-USD-PERP+0.021%+0.0078%8h$5K5xas long as short
dYdX TRUMP-USD+0.035%0.0000%1h$27K$3425xas long as short
Extended TRUMP-USD+0.047%+0.0104%1h$54K$464K25xas long as short
Lighter TRUMP+0.047%0.0000%1h$958K$606K10xas long as short
Bybit TRUMPUSDT+0.061%+0.0100%4h$29.1M$35.7M50xas long as short
BloFin TRUMP-USDT+0.061%+0.0340%4h$4.1M$434K75xas long as short
Pacifica TRUMP+0.076%+0.0100%1h$185K$74K10xas long as short
Binance TRUMPUSDT+0.080%+0.0100%4h$61.3M$179.6M75xas long as short
OKX TRUMP-USDT-SWAP+0.108%+0.0100%4h$25.8M$128.0M50xas long as short
Bitget TRUMPUSDT+0.108%+0.0100%4h$14.9M$17.5M75xas long as short
SunX TRUMP-USDT+0.108%+0.0100%4h$2K$1.3M50xas long as short
HTX TRUMP-USDT+0.155%+0.0100%4h$464K$1.4M50xas long as short
edgeX TRUMPUSDC+0.178%+0.0050%4h$116K$218K20xas long as short
Variational Omni TRUMP+0.201%+0.0100%4h$591K$192Kas long as short