After costs, if the gap returns to its 7d average, $10k+$36
spread now+1.034%7d average+0.058%fees + slippage, in and out−$62spread needed0.618%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRUMPUSDT | 2.1725 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $63.1M | $205.6M | 75x |
| Short | Coinbase International TRUMP-PERP-INTX | 2.1950 | 0.0376 | get 0.0047% / 1h | 41m 00s | $293K | $398K | 50x |
Binance TRUMPUSDT
Coinbase International TRUMP-PERP-INTXPrice 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
- $103.36
- Funding while held
- $8.28
- Slippage, 4 orders
- −$41.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $49.83
- Spread needed to break even
- 0.618%
Slippage from Binance: live order book, 4 min ago; Coinbase International: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0276%
- Per $10,000 a day
- +$8.28
- 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 Binance live order book, 4 min ago | 2.30 bp | 8.1 bp −$8 | 13.0 bp −$130 | 39.5 bp −$3,946 | 287.0 bp −$143.5K |
| Sell Coinbase International live order book, 3 min ago | 13.73 bp | 23.2 bp −$23 | 30.3 bp −$303 | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1660cheapestBloFin2.1710+0.231%Lighter2.1712+0.240%Reya2.1719+0.272%Bybit2.1720+0.277%GMX2.1725+0.298%SoDEX2.1725+0.300%
Injective
BloFin
Lighter
Reya
Bybit
GMX
SoDEXBinance2.1725+0.302%
gTrade (Gains Network)2.1729+0.318%OKX2.1730+0.323%Gate2.1730+0.323%MEXC2.1730+0.323%KuCoin2.1730+0.323%Bitget2.1730+0.323%Orderly2.1730+0.323%Aevo2.1731+0.327%Extended2.1733+0.336%Deribit2.1734+0.342%Backpack2.1741+0.374%Aster2.1745+0.393%Kraken Futures2.1749+0.409%HTX2.1750+0.416%Hyperliquid2.1751+0.420%Variational Omni2.1756+0.443%Pacifica2.1756+0.445%SunX2.1760+0.462%Paradex2.1763+0.475%dYdX2.1800+0.646%edgeX2.1835+0.807%
gTrade (Gains Network)
OKX
Gate
MEXC
KuCoin
Bitget
Orderly
Aevo
Extended
Deribit
Backpack
Aster
Kraken Futures
HTX
Hyperliquid
Variational Omni
Pacifica
SunX
Paradex
dYdXCoinbase International2.1950+1.339%
TRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.301% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| BloFin TRUMP-USDT | −0.071% | +0.0340% | 4h | $4.3M | $468K | 75x | as long as short |
| Lighter TRUMP | −0.062% | +0.0096% | 1h | $971K | $579K | 10x | as long as short |
| Reya TRUMPRUSDPERP | −0.030% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.025% | +0.0100% | 4h | $30.0M | $40.8M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.004% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| SoDEX TRUMP-USD | −0.002% | +0.0100% | 1h | $88 | $6K | 5x | as long as short |
| Binance TRUMPUSDTlong | 0.000% | +0.0100% | 4h | $63.1M | $205.6M | 75x | |
| gTrade (Gains Network) TRUMP/USD | +0.016% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.021% | +0.0100% | 4h | $26.7M | $148.3M | 50x | as long as short |