After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.070%7d average+0.007%fees + slippage, in and out−$37spread needed0.366%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TRUMPUSDT | 2.1430 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $15.1M | $19.6M | 75x |
| Short | Lighter TRUMP | 2.1415 | −0.0280 | pay 0.0035% / 1h | 51m 49s | $959K | $578K | 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
- −$7
- Funding while held
- −$11.4
- Slippage, 4 orders
- −$24.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$55.03
- Spread needed to break even
- 0.366%
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 45 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0380%
- Per $10,000 a day
- −$11.40
- 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, 3 min ago | 2.34 bp | 12.7 bp −$13 | 18.0 bp −$180 | 49.7 bp −$4,973 | doesn't fit |
| Sell Lighter live order book, 45 min ago | 1.63 bp | 8.2 bp −$8 | 24.2 bp −$242 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni TRUMP | −0.670% | +0.0100% | 4h | $662K | $230K | — | as long as short |
| Injective TRUMP/USDC PERP | −0.560% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.560% | +0.0424% | 1h | $274K | $392K | 50x | as long as short |
| edgeX TRUMPUSDC | −0.383% | +0.0050% | 4h | $116K | $242K | 20x | as long as short |
| BloFin TRUMP-USDT | −0.140% | +0.0340% | 4h | $4.2M | $448K | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.093% | +0.0100% | 4h | $26.4M | $142.1M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.093% | +0.0100% | 4h | $473K | $132K | 125x | as long as short |
| Binance TRUMPUSDT | −0.091% | +0.0100% | 4h | $61.3M | $207.3M | 75x | as long as short |
| Extended TRUMP-USD | −0.071% | +0.0104% | 1h | $73K | $474K | 25x | as long as short |
| Lighter TRUMPshort | −0.070% | −0.0280% | 1h | $959K | $578K | 10x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit TRUMPUSDT | −0.047% | +0.0100% | 4h | $29.7M | $40.4M | 50x | as long as short |
| Gate TRUMP_USDT | −0.047% | +0.0020% | 4h | $7.4M | $43.9M | 75x | as long as short |
| Bitget TRUMPUSDTlong | 0.000% | +0.0100% | 4h | $15.1M | $19.6M | 75x | |
| Pacifica TRUMP | +0.024% | +0.0100% | 1h | $185K | $70K | 10x | as long as short |
| Reya TRUMPRUSDPERP | +0.028% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Aevo TRUMP-PERP | +0.034% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Paradex TRUMP-USD-PERP | +0.037% | +0.0056% | 8h | $5K | — | 5x | as long as short |
| KuCoin TRUMPUSDTM | +0.047% | +0.0100% | 4h | $4.2M | $9.1M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.047% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| Aster TRUMPUSDT | +0.067% | +0.0100% | 4h | $421K | $850K | 20x | as long as short |
| SoDEX TRUMP-USD | +0.070% | +0.0065% | 1h | $81 | $6K | 5x | as long as short |
| Hyperliquid TRUMP | +0.089% | +0.0100% | 1h | $13.6M | $7.3M | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.093% | L +0.0008% / S −0.0007% | 1h | $54K | — | 150x | as long as short |
| dYdX TRUMP-USD | +0.098% | 0.0000% | 1h | $27K | $485 | 5x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.115% | L +0.0228% / S −0.0259% | 1h | $11K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.140% | +0.0302% | 1h | $253K | $264K | 10x | as long as short |
| SunX TRUMP-USDT | +0.140% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.149% | 0.0000% | 1h | $402K | $77K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.169% | −0.0357% | 1h | $1.0M | $2.0M | 50x | as long as short |
| HTX TRUMP-USDT | +0.187% | +0.0100% | 4h | $494K | $1.6M | 50x | as long as short |
Bitget TRUMPUSDT
Lighter TRUMP
Variational Omni
Injective
Coinbase International
BloFin
OKX
MEXC
Binance
Extended
Bybit
Gate
Pacifica
Paradex
KuCoin
Aster
SoDEX
Hyperliquid
gTrade (Gains Network)
GMX
Backpack
SunX
Deribit
Kraken Futures
HTX