After costs, if the gap returns to its 7d average, $10k−$60
spread now+0.115%7d average+0.035%fees + slippage, in and out−$68spread needed0.676%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TRUMPUSDT | 2.1730 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $15.3M | $19.9M | 75x |
| Short | Deribit TRUMP_USDC-PERPETUAL | 2.1755 | 0 | get 0.0000% / 1h | 45m 52s | $407K | $83K | 10x |
Bitget TRUMPUSDT
Deribit TRUMP_USDC-PERPETUALPrice 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
- $11.5
- Funding while held
- −$3
- Slippage, 4 orders
- −$48.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$59.1
- Spread needed to break even
- 0.676%
Slippage from Bitget: live order book, 9 min ago; Deribit: live order book, 64 min ago.
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 Bitget live order book, 9 min ago | 2.28 bp | 12.4 bp −$12 | 23.2 bp −$232 | 62.9 bp −$6,287 | doesn't fit |
| Sell Deribit live order book, 64 min ago | 9.81 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1680cheapestBloFin2.1720+0.185%Lighter2.1728+0.221%Bybit2.1730+0.231%Gate2.1730+0.231%MEXC2.1730+0.231%
Injective
BloFin
Lighter
Bybit
Gate
MEXCBitget2.1730+0.231%
Extended2.1734+0.249%Aster2.1737+0.264%Binance2.1740+0.277%OKX2.1740+0.277%KuCoin2.1740+0.277%SoDEX2.1740+0.277%HTX2.1740+0.277%Aevo2.1741+0.281%Paradex2.1744+0.294%Pacifica2.1749+0.318%Orderly2.1750+0.323%GMX2.1751+0.328%Kraken Futures2.1752+0.331%dYdX2.1753+0.337%
Extended
Aster
Binance
OKX
KuCoin
SoDEX
HTX
Aevo
Paradex
Pacifica
Orderly
GMX
Kraken Futures
dYdXDeribit2.1755+0.346%
Backpack2.1756+0.351%Reya2.1758+0.358%edgeX2.1758+0.359%gTrade (Gains Network)2.1759+0.367%Hyperliquid2.1760+0.369%SunX2.1760+0.369%Variational Omni2.1877+0.908%Coinbase International2.1950+1.245%
Backpack
Reya
gTrade (Gains Network)
Hyperliquid
SunX
Variational Omni
Coinbase InternationalTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.230% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| BloFin TRUMP-USDT | −0.046% | +0.0340% | 4h | $4.3M | $468K | 75x | as long as short |
| Lighter TRUMP | −0.009% | +0.0096% | 1h | $971K | $579K | 10x | as long as short |
| Bybit TRUMPUSDT | 0.000% | +0.0100% | 4h | $30.1M | $40.6M | 50x | as long as short |
| Gate TRUMP_USDT | 0.000% | −0.0034% | 4h | $7.4M | $41.9M | 75x | as long as short |
| MEXC TRUMP_USDC | 0.000% | +0.0100% | 4h | $454K | $126K | 125x | as long as short |
| Bitget TRUMPUSDTlong | 0.000% | +0.0100% | 4h | $15.3M | $19.9M | 75x | |
| Extended TRUMP-USD | +0.018% | +0.0104% | 1h | $55K | $462K | 25x | as long as short |
| Aster TRUMPUSDT | +0.033% | +0.0100% | 4h | $434K | $872K | 20x | as long as short |
| Binance TRUMPUSDT | +0.046% | +0.0100% | 4h | $63.1M | $204.7M | 75x | as long as short |