Spread before costs (cost unknown: a leg has no order-book sample)−0.139%
7d average−0.021%if it closes, per $10,000$14funding while held, a day−$7.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRUMP-USDT | 2.1650 | 0.0340 | pay 0.0170% / 4h | 3h 35m | $4.3M | $467K | 75x |
| Short | Orderly PERP_TRUMP_USDC | 2.1620 | 0.0092 | get 0.0046% / 4h | 3h 35m | $3K | $249K | 10x |
BloFin TRUMP-USDT
Orderly PERP_TRUMP_USDCPrice 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
- −$13.86
- Funding while held
- −$7.43
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$39.29
- Spread needed to break even
- 0.180%
Slippage unknown: BloFin: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0248%
- Per $10,000 a day
- −$7.43
- 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 BloFin live order book, 5 min ago | 4.60 bp | 10.6 bp −$11 | 10.8 bp −$108 | 35.6 bp −$3,558 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Injective2.1530cheapestBitget2.1610+0.372%Aevo2.1611+0.378%Extended2.1616+0.400%OKX2.1620+0.418%
Injective
Bitget
Aevo
Extended
OKXOrderly2.1620+0.418%
Deribit2.1622+0.427%Aster2.1629+0.458%Bybit2.1630+0.464%Gate2.1630+0.464%MEXC2.1630+0.464%Reya2.1634+0.485%Binance2.1638+0.501%KuCoin2.1640+0.511%Hyperliquid2.1642+0.521%Lighter2.1647+0.543%GMX2.1647+0.545%dYdX2.1649+0.554%gTrade (Gains Network)2.1650+0.557%
Deribit
Aster
Bybit
Gate
MEXC
Reya
Binance
KuCoin
Hyperliquid
Lighter
GMX
dYdX
gTrade (Gains Network)BloFin2.1650+0.557%
Paradex2.1651+0.562%Variational Omni2.1654+0.577%Pacifica2.1655+0.580%SoDEX2.1656+0.585%Backpack2.1671+0.655%Kraken Futures2.1672+0.660%SunX2.1680+0.697%HTX2.1680+0.697%edgeX2.1734+0.949%Coinbase International2.1950+1.951%
Paradex
Variational Omni
Pacifica
SoDEX
Backpack
Kraken Futures
SunX
HTX
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 | −0.554% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| Bitget TRUMPUSDT | −0.185% | +0.0100% | 4h | $15.1M | $19.9M | 75x | as long as short |
| Aevo TRUMP-PERP | −0.178% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Extended TRUMP-USD | −0.157% | +0.0104% | 1h | $75K | $482K | 25x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.139% | +0.0100% | 4h | $26.6M | $147.7M | 50x | as long as short |
| Orderly PERP_TRUMP_USDCshort | −0.139% | +0.0092% | 4h | $3K | $249K | 10x | |
| Deribit TRUMP_USDC-PERPETUAL | −0.129% | 0.0000% | 1h | $405K | $84K | 10x | as long as short |
| Aster TRUMPUSDT | −0.098% | +0.0100% | 4h | $432K | $873K | 20x | as long as short |
| Bybit TRUMPUSDT | −0.092% | +0.0100% | 4h | $29.9M | $40.9M | 50x | as long as short |
| Gate TRUMP_USDT | −0.092% | +0.0100% | 4h | $7.4M | $42.6M | 75x | as long as short |