After costs, if the gap returns to its 7d average, $10k−$146
spread now−0.328%7d average+0.039%fees + slippage, in and out−$109spread needed1.089%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRUMPUSDT | 2.1370 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $29.2M | $35.7M | 50x |
| Short | Injective TRUMP/USDC PERP | 2.1300 | −0.1543 | pay 0.0193% / 1h | 27m 14s | $12K | $131K | 12x |
Bybit TRUMPUSDT
Injective TRUMP/USDC 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
- −$32.76
- Funding while held
- −$49.3
- Slippage, 4 orders
- −$97.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$190.91
- Spread needed to break even
- 1.089%
Slippage from Bybit: live order book, 3 min ago; Injective: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1643%
- Per $10,000 a day
- −$49.30
- 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 Bybit live order book, 3 min ago | 2.34 bp | 12.0 bp −$12 | 18.9 bp −$189 | 135.4 bp −$13.5K | doesn't fit |
| Sell Injective live order book, 8 min ago | 39.71 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International2.1290cheapest
Coinbase InternationalInjective2.1300+0.047%
edgeX2.1343+0.248%Extended2.1347+0.270%Lighter2.1350+0.282%MEXC2.1350+0.282%dYdX2.1354+0.303%Aevo2.1356+0.309%SoDEX2.1359+0.324%Reya2.1360+0.328%OKX2.1360+0.329%Gate2.1360+0.329%Orderly2.1360+0.329%BloFin2.1360+0.329%Kraken Futures2.1360+0.330%Paradex2.1363+0.341%Deribit2.1364+0.348%Binance2.1364+0.348%Hyperliquid2.1366+0.357%
Extended
Lighter
MEXC
dYdX
Aevo
SoDEX
Reya
OKX
Gate
Orderly
BloFin
Kraken Futures
Paradex
Deribit
Binance
HyperliquidBybit2.1370+0.376%
KuCoin2.1370+0.376%Bitget2.1370+0.376%gTrade (Gains Network)2.1373+0.388%Pacifica2.1373+0.388%Aster2.1374+0.395%GMX2.1375+0.399%Backpack2.1380+0.423%Variational Omni2.1390+0.470%SunX2.1390+0.470%HTX2.1390+0.470%
KuCoin
Bitget
gTrade (Gains Network)
Pacifica
Aster
GMX
Backpack
Variational Omni
SunX
HTXTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International TRUMP-PERP-INTX | −0.374% | +0.0408% | 1h | $276K | $369K | 50x | as long as short |
| Injective TRUMP/USDC PERPshort | −0.328% | −0.1543% | 1h | $12K | $131K | 12x | |
| edgeX TRUMPUSDC | −0.127% | +0.0050% | 4h | $116K | $220K | 20x | as long as short |
| Extended TRUMP-USD | −0.106% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| Lighter TRUMP | −0.094% | 0.0000% | 1h | $957K | $606K | 10x | as long as short |
| MEXC TRUMP_USDC | −0.094% | +0.0100% | 4h | $414K | $119K | 125x | as long as short |
| dYdX TRUMP-USD | −0.073% | 0.0000% | 1h | $27K | $342 | 5x | as long as short |
| Aevo TRUMP-PERP | −0.066% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| SoDEX TRUMP-USD | −0.051% | +0.0100% | 1h | $84 | $6K | 5x | as long as short |
| Reya TRUMPRUSDPERP | −0.048% | −0.0245% | 1h | $5 | — | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRUMP-USDT-SWAP | −0.047% | +0.0100% | 4h | $25.8M | $127.9M | 50x | as long as short |
| Gate TRUMP_USDT | −0.047% | +0.0100% | 4h | $7.3M | $35.5M | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.047% | +0.0099% | 4h | $3K | $249K | 10x | as long as short |
| BloFin TRUMP-USDT | −0.047% | +0.0340% | 4h | $4.1M | $434K | 75x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.046% | +0.0020% | 1h | $1.0M | $1.9M | 50x | as long as short |
| Paradex TRUMP-USD-PERP | −0.035% | +0.0078% | 8h | $5K | — | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.028% | 0.0000% | 1h | $390K | $70K | 10x | as long as short |
| Binance TRUMPUSDT | −0.027% | +0.0100% | 4h | $61.3M | $179.6M | 75x | as long as short |
| Hyperliquid TRUMP | −0.019% | +0.0100% | 1h | $11.1M | $5.4M | 10x | as long as short |
| Bybit TRUMPUSDTlong | 0.000% | +0.0100% | 4h | $29.2M | $35.7M | 50x | |
| KuCoin TRUMPUSDTM | 0.000% | +0.0100% | 4h | $4.3M | $8.0M | 50x | as long as short |
| Bitget TRUMPUSDT | 0.000% | +0.0100% | 4h | $14.9M | $17.5M | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.013% | L +0.0008% / S −0.0007% | 1h | $40K | — | 150x | as long as short |
| Pacifica TRUMP | +0.013% | +0.0100% | 1h | $186K | $74K | 10x | as long as short |
| Aster TRUMPUSDT | +0.019% | +0.0100% | 4h | $221K | $545K | 20x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.023% | L +0.0229% / S −0.0264% | 1h | $11K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.047% | +0.0211% | 1h | $253K | $247K | 10x | as long as short |
| Variational Omni TRUMP | +0.093% | +0.0100% | 4h | $591K | $192K | — | as long as short |
| SunX TRUMP-USDT | +0.094% | +0.0100% | 4h | $2K | $1.3M | 50x | as long as short |
| HTX TRUMP-USDT | +0.094% | +0.0100% | 4h | $464K | $1.4M | 50x | as long as short |