Spread before costs (cost unknown: a leg has no order-book sample)+0.021%
7d average—if it closes, per $10,000$2funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRUMPUSDT | 2.1373 | 0.0100 | pay 0.0050% / 4h | 30m 33s | $61.7M | $193.0M | 75x |
| Short | dYdX TRUMP-USD | 2.1378 | 0 | get 0.0000% / 1h | 30m 33s | $27K | $572 | 5x |
Binance TRUMPUSDT
dYdX 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
- $2.1
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$20.9
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 14 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Binance live order book, 14 min ago | 2.30 bp | 7.3 bp −$7 | 11.7 bp −$117 | 36.6 bp −$3,663 | 273.2 bp −$136.6K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.HTX2.1330cheapestBloFin2.1330cheapestReya2.1332+0.007%SoDEX2.1346+0.075%GMX2.1348+0.085%Aevo2.1349+0.088%Lighter2.1349+0.089%gTrade (Gains Network)2.1350+0.094%Orderly2.1350+0.094%Coinbase International2.1350+0.094%Deribit2.1356+0.122%Bybit2.1360+0.141%Kraken Futures2.1362+0.148%Extended2.1362+0.151%Hyperliquid2.1365+0.164%Backpack2.1367+0.173%OKX2.1370+0.188%Gate2.1370+0.188%MEXC2.1370+0.188%KuCoin2.1370+0.188%Bitget2.1370+0.188%Pacifica2.1372+0.196%Variational Omni2.1373+0.201%
HTX
BloFin
Reya
SoDEX
GMX
Aevo
Lighter
gTrade (Gains Network)
Orderly
Coinbase International
Deribit
Bybit
Kraken Futures
Extended
Hyperliquid
Backpack
OKX
Gate
MEXC
KuCoin
Bitget
Pacifica
Variational OmniBinance2.1373+0.203%
Paradex2.1376+0.214%Aster2.1377+0.222%
Paradex
AsterdYdX2.1378+0.224%
SunX2.1380+0.234%edgeX2.1412+0.386%Injective2.1460+0.609%
SunX
InjectiveTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX TRUMP-USDT | −0.203% | +0.0100% | 4h | $462K | $1.6M | 50x | as long as short |
| BloFin TRUMP-USDT | −0.203% | +0.0340% | 4h | $4.3M | $456K | 75x | as long as short |
| Reya TRUMPRUSDPERP | −0.196% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| SoDEX TRUMP-USD | −0.128% | +0.0100% | 1h | $74 | $6K | 5x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.118% | L +0.0229% / S −0.0264% | 1h | $11K | — | 100x | as long as short |
| Aevo TRUMP-PERP | −0.115% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Lighter TRUMP | −0.114% | −0.0072% | 1h | $956K | $615K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.109% | L +0.0008% / S −0.0007% | 1h | $40K | — | 150x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.109% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.109% | +0.0336% | 1h | $285K | $415K | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit TRUMP_USDC-PERPETUAL | −0.081% | 0.0000% | 1h | $390K | $73K | 10x | as long as short |
| Bybit TRUMPUSDT | −0.063% | +0.0100% | 4h | $29.1M | $37.8M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.055% | −0.0470% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Extended TRUMP-USD | −0.052% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| Hyperliquid TRUMP | −0.039% | +0.0100% | 1h | $11.1M | $5.5M | 10x | as long as short |
| Backpack TRUMP_USDC_PERP | −0.030% | +0.0110% | 1h | $256K | $267K | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.016% | +0.0100% | 4h | $25.7M | $136.8M | 50x | as long as short |
| Gate TRUMP_USDT | −0.016% | +0.0092% | 4h | $7.2M | $40.2M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.016% | +0.0100% | 4h | $451K | $125K | 125x | as long as short |
| KuCoin TRUMPUSDTM | −0.016% | +0.0100% | 4h | $4.3M | $8.4M | 50x | as long as short |
| Bitget TRUMPUSDT | −0.016% | +0.0100% | 4h | $14.8M | $18.8M | 75x | as long as short |
| Pacifica TRUMP | −0.007% | +0.0100% | 1h | $186K | $73K | 10x | as long as short |
| Variational Omni TRUMP | −0.002% | +0.0100% | 4h | $595K | $166K | — | as long as short |
| Binance TRUMPUSDTlong | 0.000% | +0.0100% | 4h | $61.7M | $193.0M | 75x | |
| Paradex TRUMP-USD-PERP | +0.011% | +0.0047% | 8h | $5K | — | 5x | as long as short |
| Aster TRUMPUSDT | +0.019% | +0.0100% | 4h | $432K | $880K | 20x | as long as short |
| dYdX TRUMP-USDshort | +0.021% | 0.0000% | 1h | $27K | $572 | 5x | |
| SunX TRUMP-USDT | +0.031% | +0.0100% | 4h | $2K | $1.4M | 50x | as long as short |
| edgeX TRUMPUSDC | +0.182% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |
| Injective TRUMP/USDC PERP | +0.405% | −0.1587% | 1h | $13K | $174K | 12x | as long as short |