Spread before costs (cost unknown: a leg has no order-book sample)+0.558%
7d average—if it closes, per $10,000$56funding while held, a day−$12.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TRUMP-PERP-INTX | 2.1290 | 0.0408 | pay 0.0051% / 1h | 24m 22s | $276K | $369K | 50x |
| Short | dYdX TRUMP-USD | 2.1409 | 0 | get 0.0000% / 1h | 24m 22s | $27K | $342 | 5x |
Coinbase International TRUMP-PERP-INTX
dYdX TRUMP-USDPrice 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
- $55.83
- Funding while held
- −$12.24
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $23.59
- Spread needed to break even
- 0.200%
Slippage unknown: Coinbase International: live order book, 30 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0408%
- Per $10,000 a day
- −$12.24
- 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, 30 min ago | 16.50 bp | 21.5 bp −$21 | 25.4 bp −$254 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.Injective2.1270cheapest
InjectiveCoinbase International2.1290+0.094%
edgeX2.1343+0.342%Variational Omni2.1350+0.375%BloFin2.1370+0.470%Orderly2.1380+0.517%Aevo2.1380+0.517%Bybit2.1390+0.564%OKX2.1390+0.564%MEXC2.1390+0.564%Reya2.1390+0.565%Lighter2.1391+0.569%SoDEX2.1395+0.588%Paradex2.1395+0.590%Extended2.1398+0.601%Binance2.1400+0.611%Gate2.1400+0.611%Bitget2.1400+0.611%Deribit2.1400+0.611%HTX2.1400+0.611%Hyperliquid2.1401+0.616%GMX2.1402+0.620%Aster2.1403+0.625%gTrade (Gains Network)2.1404+0.629%Kraken Futures2.1408+0.648%
Variational Omni
BloFin
Orderly
Aevo
Bybit
OKX
MEXC
Reya
Lighter
SoDEX
Paradex
Extended
Binance
Gate
Bitget
Deribit
HTX
Hyperliquid
GMX
Aster
gTrade (Gains Network)
Kraken FuturesdYdX2.1409+0.653%
KuCoin2.1410+0.658%SunX2.1410+0.658%Pacifica2.1411+0.663%Backpack2.1416+0.686%
KuCoin
SunX
Pacifica
BackpackTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.094% | −0.1543% | 1h | $12K | $131K | 12x | as long as short |
| Coinbase International TRUMP-PERP-INTXlong | 0.000% | +0.0408% | 1h | $276K | $369K | 50x | |
| edgeX TRUMPUSDC | +0.248% | +0.0050% | 4h | $116K | $220K | 20x | as long as short |
| Variational Omni TRUMP | +0.281% | +0.0100% | 4h | $590K | $192K | — | as long as short |
| BloFin TRUMP-USDT | +0.376% | +0.0340% | 4h | $4.2M | $432K | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.423% | +0.0099% | 4h | $3K | $249K | 10x | as long as short |
| Aevo TRUMP-PERP | +0.423% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Bybit TRUMPUSDT | +0.470% | +0.0100% | 4h | $29.2M | $35.7M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.470% | +0.0100% | 4h | $25.9M | $128.0M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.470% | +0.0100% | 4h | $415K | $119K | 125x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya TRUMPRUSDPERP | +0.471% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Lighter TRUMP | +0.474% | 0.0000% | 1h | $959K | $606K | 10x | as long as short |
| SoDEX TRUMP-USD | +0.493% | +0.0100% | 1h | $84 | $6K | 5x | as long as short |
| Paradex TRUMP-USD-PERP | +0.495% | +0.0078% | 8h | $5K | — | 5x | as long as short |
| Extended TRUMP-USD | +0.506% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| Binance TRUMPUSDT | +0.517% | +0.0100% | 4h | $61.5M | $179.5M | 75x | as long as short |
| Gate TRUMP_USDT | +0.517% | +0.0100% | 4h | $7.3M | $35.5M | 75x | as long as short |
| Bitget TRUMPUSDT | +0.517% | +0.0100% | 4h | $15.0M | $17.5M | 75x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.517% | 0.0000% | 1h | $391K | $70K | 10x | as long as short |
| HTX TRUMP-USDT | +0.517% | +0.0100% | 4h | $465K | $1.4M | 50x | as long as short |
| Hyperliquid TRUMP | +0.521% | +0.0100% | 1h | $11.1M | $5.4M | 10x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.525% | L +0.0229% / S −0.0264% | 1h | $11K | — | 100x | as long as short |
| Aster TRUMPUSDT | +0.531% | +0.0100% | 4h | $222K | $545K | 20x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.534% | L +0.0008% / S −0.0007% | 1h | $40K | — | 150x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.553% | +0.0020% | 1h | $1.0M | $1.9M | 50x | as long as short |
| dYdX TRUMP-USDshort | +0.558% | 0.0000% | 1h | $27K | $342 | 5x | |
| KuCoin TRUMPUSDTM | +0.564% | +0.0100% | 4h | $4.3M | $8.0M | 50x | as long as short |
| SunX TRUMP-USDT | +0.564% | +0.0100% | 4h | $2K | $1.3M | 50x | as long as short |
| Pacifica TRUMP | +0.568% | +0.0100% | 1h | $186K | $74K | 10x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.592% | +0.0226% | 1h | $253K | $247K | 10x | as long as short |