Spread before costs (cost unknown: a leg has no order-book sample)−0.118%
7d average—if it closes, per $10,000$12funding while held, a day−$1.45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRUMPUSDT | 2.1477 | 0.0100 | pay 0.0050% / 4h | 26m 24s | $61.7M | $193.2M | 75x |
| Short | Paradex TRUMP-USD-PERP | 2.1452 | 0.0052 | get 0.0052% / 8h | 26m 24s | $5K | — | 5x |
Binance TRUMPUSDT
Paradex TRUMP-USD-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
- −$11.77
- Funding while held
- −$1.45
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$27.21
- Spread needed to break even
- 0.140%
Slippage unknown: Binance: live order book, 3 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0048%
- Per $10,000 a day
- −$1.45
- 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, 3 min ago | 2.33 bp | 7.3 bp −$7 | 13.0 bp −$130 | 40.1 bp −$4,008 | 291.5 bp −$145.8K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.Injective2.1340cheapestVariational Omni2.1373+0.154%BloFin2.1410+0.328%SoDEX2.1415+0.351%Deribit2.1423+0.389%edgeX2.1425+0.396%Coinbase International2.1430+0.422%HTX2.1430+0.422%Kraken Futures2.1430+0.423%Extended2.1431+0.426%Aster2.1450+0.515%SunX2.1450+0.515%
Injective
Variational Omni
BloFin
SoDEX
Deribit
Coinbase International
HTX
Kraken Futures
Extended
Aster
SunXParadex2.1452+0.525%
dYdX2.1456+0.544%Gate2.1460+0.562%Lighter2.1462+0.572%MEXC2.1470+0.609%KuCoin2.1470+0.609%Pacifica2.1470+0.610%Reya2.1472+0.621%
dYdX
Gate
Lighter
MEXC
KuCoin
Pacifica
ReyaBinance2.1477+0.644%
Hyperliquid2.1483+0.669%GMX2.1484+0.673%Backpack2.1486+0.684%gTrade (Gains Network)2.1486+0.686%Bybit2.1490+0.703%Orderly2.1490+0.703%Aevo2.1495+0.726%OKX2.1500+0.750%Bitget2.1500+0.750%
Hyperliquid
GMX
Backpack
gTrade (Gains Network)
Bybit
Orderly
Aevo
OKX
BitgetTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.640% | −0.1587% | 1h | $12K | $174K | 12x | as long as short |
| Variational Omni TRUMP | −0.486% | +0.0100% | 4h | $595K | $166K | — | as long as short |
| BloFin TRUMP-USDT | −0.314% | +0.0340% | 4h | $4.2M | $459K | 75x | as long as short |
| SoDEX TRUMP-USD | −0.290% | +0.0100% | 1h | $75 | $6K | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.253% | 0.0000% | 1h | $391K | $73K | 10x | as long as short |
| edgeX TRUMPUSDC | −0.246% | +0.0050% | 4h | $117K | $241K | 20x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.221% | +0.0336% | 1h | $285K | $388K | 50x | as long as short |
| HTX TRUMP-USDT | −0.221% | +0.0100% | 4h | $466K | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.219% | −0.0468% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Extended TRUMP-USD | −0.216% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster TRUMPUSDT | −0.127% | +0.0100% | 4h | $431K | $880K | 20x | as long as short |
| SunX TRUMP-USDT | −0.127% | +0.0100% | 4h | $1K | $1.4M | 50x | as long as short |
| Paradex TRUMP-USD-PERPshort | −0.118% | +0.0052% | 8h | $5K | — | 5x | |
| dYdX TRUMP-USD | −0.099% | 0.0000% | 1h | $27K | $572 | 5x | as long as short |
| Gate TRUMP_USDT | −0.081% | +0.0100% | 4h | $7.3M | $40.5M | 75x | as long as short |
| Lighter TRUMP | −0.072% | −0.0040% | 1h | $961K | $621K | 10x | as long as short |
| MEXC TRUMP_USDC | −0.034% | +0.0100% | 4h | $453K | $125K | 125x | as long as short |
| KuCoin TRUMPUSDTM | −0.034% | +0.0100% | 4h | $4.3M | $8.4M | 50x | as long as short |
| Pacifica TRUMP | −0.034% | +0.0100% | 1h | $186K | $73K | 10x | as long as short |
| Reya TRUMPRUSDPERP | −0.023% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Binance TRUMPUSDTlong | 0.000% | +0.0100% | 4h | $61.7M | $193.2M | 75x | |
| Hyperliquid TRUMP | +0.025% | +0.0100% | 1h | $11.2M | $5.5M | 10x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.029% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.040% | +0.0135% | 1h | $258K | $267K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.042% | L +0.0008% / S −0.0007% | 1h | $40K | — | 150x | as long as short |
| Bybit TRUMPUSDT | +0.059% | +0.0100% | 4h | $29.3M | $37.9M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.059% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| Aevo TRUMP-PERP | +0.082% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.105% | +0.0100% | 4h | $25.9M | $138.2M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.105% | +0.0100% | 4h | $14.9M | $18.8M | 75x | as long as short |