After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.065%7d average−0.001%fees + slippage, in and out−$24spread needed0.245%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRUMPUSDT | 2.1410 | 0.0100 | pay 0.0050% / 4h | 33m 50s | $61.8M | $191.9M | 75x |
| Short | Lighter TRUMP | 2.1424 | −0.0072 | pay 0.0009% / 1h | 33m 50s | $958K | $614K | 10x |
Price 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
- $6.54
- Funding while held
- −$5.16
- Slippage, 4 orders
- −$14.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.12
- Spread needed to break even
- 0.245%
Slippage from Binance: live order book, 11 min ago; Lighter: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0172%
- Per $10,000 a day
- −$5.16
- 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, 11 min ago | 2.30 bp | 7.3 bp −$7 | 11.7 bp −$117 | 36.6 bp −$3,663 | 273.2 bp −$136.6K |
| Sell Lighter live order book, 13 min ago | 1.60 bp | 4.5 bp −$4 | 13.3 bp −$133 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance TRUMPUSDTlong | 0.000% | +0.0100% | 4h | $61.8M | $191.9M | 75x | |
| Bybit TRUMPUSDT | 0.000% | +0.0100% | 4h | $29.2M | $37.5M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | 0.000% | +0.0100% | 4h | $25.8M | $136.2M | 50x | as long as short |
| Gate TRUMP_USDT | 0.000% | +0.0100% | 4h | $7.2M | $39.8M | 75x | as long as short |
| MEXC TRUMP_USDC | 0.000% | +0.0100% | 4h | $451K | $125K | 125x | as long as short |
| Extended TRUMP-USD | +0.031% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| Bitget TRUMPUSDT | +0.047% | +0.0100% | 4h | $14.9M | $18.7M | 75x | as long as short |
| Lighter TRUMPshort | +0.065% | −0.0072% | 1h | $958K | $614K | 10x | |
| Aster TRUMPUSDT | +0.093% | +0.0100% | 4h | $433K | $878K | 20x | as long as short |
| KuCoin TRUMPUSDTM | +0.093% | +0.0100% | 4h | $4.3M | $8.4M | 50x | as long as short |
Binance TRUMPUSDT
Lighter TRUMP
Bybit
OKX
Gate
MEXC
Extended
Bitget
Aster
KuCoin
SoDEX
Kraken Futures
Deribit
Hyperliquid
GMX
gTrade (Gains Network)
BloFin
Backpack
Pacifica
Injective
SunX
HTX
Paradex
Variational Omni
Coinbase International