After costs, if the gap returns to its 7d average, $10k−$84
spread now−0.232%7d average−0.065%fees + slippage, in and out−$67spread needed0.669%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TRUMP-PERP-INTX | 2.1510 | 0.0496 | pay 0.0062% / 1h | 55m 10s | $285K | $387K | 50x |
| Short | Bybit TRUMPUSDT | 2.1460 | 0.0100 | get 0.0050% / 4h | 2h 55m | $29.8M | $40.3M | 50x |
Coinbase International TRUMP-PERP-INTX
Bybit TRUMPUSDTPrice 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
- −$23.25
- Funding while held
- −$11.88
- Slippage, 4 orders
- −$45.9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$102.02
- Spread needed to break even
- 0.669%
Slippage from Coinbase International: live order book, 49 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0396%
- Per $10,000 a day
- −$11.88
- 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 Coinbase International live order book, 49 min ago | 13.73 bp | 23.2 bp −$23 | 27.8 bp −$278 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.33 bp | 12.1 bp −$12 | 18.5 bp −$185 | 127.2 bp −$12.7K | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1340cheapestBloFin2.1430+0.422%Reya2.1435+0.447%Extended2.1436+0.448%Aevo2.1437+0.455%Gate2.1440+0.469%MEXC2.1440+0.469%Bitget2.1440+0.469%SoDEX2.1440+0.469%Lighter2.1445+0.492%GMX2.1446+0.498%Deribit2.1448+0.506%Binance2.1450+0.515%KuCoin2.1450+0.515%Orderly2.1450+0.515%Paradex2.1450+0.517%gTrade (Gains Network)2.1452+0.525%Aster2.1454+0.533%
Injective
BloFin
Reya
Extended
Aevo
Gate
MEXC
Bitget
SoDEX
Lighter
GMX
Deribit
Binance
KuCoin
Orderly
Paradex
gTrade (Gains Network)
AsterBybit2.1460+0.562%
OKX2.1460+0.562%HTX2.1460+0.562%Hyperliquid2.1464+0.581%Pacifica2.1465+0.584%Kraken Futures2.1467+0.596%SunX2.1470+0.609%dYdX2.1470+0.610%Variational Omni2.1476+0.637%Backpack2.1507+0.783%
OKX
HTX
Hyperliquid
Pacifica
Kraken Futures
SunX
dYdX
Variational Omni
BackpackCoinbase International2.1510+0.797%
edgeX2.1514+0.813%TRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.790% | −0.1677% | 1h | $12K | $109K | 12x | as long as short |
| BloFin TRUMP-USDT | −0.372% | +0.0340% | 4h | $4.2M | $453K | 75x | as long as short |
| Reya TRUMPRUSDPERP | −0.346% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Extended TRUMP-USD | −0.346% | +0.0104% | 1h | $74K | $474K | 25x | as long as short |
| Aevo TRUMP-PERP | −0.339% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Gate TRUMP_USDT | −0.325% | +0.0100% | 4h | $7.3M | $43.2M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.325% | +0.0100% | 4h | $489K | $130K | 125x | as long as short |
| Bitget TRUMPUSDT | −0.325% | +0.0100% | 4h | $15.0M | $19.7M | 75x | as long as short |
| SoDEX TRUMP-USD | −0.325% | +0.0035% | 1h | $85 | $6K | 5x | as long as short |
| Lighter TRUMP | −0.302% | −0.0016% | 1h | $960K | $577K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX TRUMP/USD [ETH-USDC] | −0.297% | L +0.0229% / S −0.0264% | 1h | $11K | — | 100x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.288% | 0.0000% | 1h | $402K | $77K | 10x | as long as short |
| Binance TRUMPUSDT | −0.279% | +0.0100% | 4h | $61.4M | $205.6M | 75x | as long as short |
| KuCoin TRUMPUSDTM | −0.279% | +0.0100% | 4h | $4.4M | $9.0M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.279% | +0.0092% | 4h | $3K | $249K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | −0.277% | +0.0081% | 8h | $5K | — | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.269% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| Aster TRUMPUSDT | −0.262% | +0.0100% | 4h | $426K | $861K | 20x | as long as short |
| Bybit TRUMPUSDTshort | −0.232% | +0.0100% | 4h | $29.8M | $40.3M | 50x | |
| OKX TRUMP-USDT-SWAP | −0.232% | +0.0100% | 4h | $26.3M | $143.0M | 50x | as long as short |
| HTX TRUMP-USDT | −0.232% | +0.0100% | 4h | $479K | $1.6M | 50x | as long as short |
| Hyperliquid TRUMP | −0.214% | +0.0100% | 1h | $13.7M | $7.3M | 10x | as long as short |
| Pacifica TRUMP | −0.210% | +0.0100% | 1h | $185K | $71K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.199% | −0.0155% | 1h | $1.0M | $2.1M | 50x | as long as short |
| SunX TRUMP-USDT | −0.186% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| dYdX TRUMP-USD | −0.185% | 0.0000% | 1h | $27K | $481 | 5x | as long as short |
| Variational Omni TRUMP | −0.158% | +0.0100% | 4h | $667K | $239K | — | as long as short |
| Backpack TRUMP_USDC_PERP | −0.014% | +0.0116% | 1h | $258K | $264K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTXlong | 0.000% | +0.0496% | 1h | $285K | $387K | 50x | |
| edgeX TRUMPUSDC | +0.017% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |