After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.247%7d average−0.023%fees + slippage, in and out−$72spread needed0.717%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TRUMP-PERP-INTX | 2.1830 | 0.0376 | pay 0.0047% / 1h | 58m 05s | $290K | $397K | 50x |
| Short | Hyperliquid TRUMP | 2.1884 | 0.0100 | get 0.0013% / 1h | 58m 05s | $12.8M | $6.6M | 10x |
Coinbase International TRUMP-PERP-INTX
Hyperliquid TRUMPPrice 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
- $24.74
- Funding while held
- −$8.28
- Slippage, 4 orders
- −$52.69
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$55.23
- Spread needed to break even
- 0.717%
Slippage from Coinbase International: live order book, 51 min ago; Hyperliquid: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0276%
- Per $10,000 a day
- −$8.28
- 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, 51 min ago | 20.49 bp | 25.5 bp −$25 | 46.5 bp −$465 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.46 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1670cheapestVariational Omni2.1695+0.116%edgeX2.1724+0.249%BloFin2.1740+0.323%
Injective
Variational Omni
BloFinCoinbase International2.1830+0.738%
Pacifica2.1830+0.739%Paradex2.1843+0.800%Bitget2.1850+0.831%Lighter2.1852+0.840%Reya2.1855+0.853%SoDEX2.1859+0.872%OKX2.1860+0.877%Gate2.1860+0.877%MEXC2.1860+0.877%KuCoin2.1860+0.877%Aevo2.1862+0.888%Extended2.1870+0.921%Orderly2.1870+0.923%HTX2.1870+0.923%dYdX2.1872+0.932%Kraken Futures2.1875+0.945%GMX2.1876+0.951%gTrade (Gains Network)2.1879+0.966%Binance2.1880+0.969%Bybit2.1880+0.969%SunX2.1880+0.969%Deribit2.1883+0.983%
Pacifica
Paradex
Bitget
Lighter
Reya
SoDEX
OKX
Gate
MEXC
KuCoin
Aevo
Extended
Orderly
HTX
dYdX
Kraken Futures
GMX
gTrade (Gains Network)
Binance
Bybit
SunX
DeribitHyperliquid2.1884+0.988%
Aster2.1886+0.994%Backpack2.1893+1.029%
Aster
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 | −0.733% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| Variational Omni TRUMP | −0.618% | +0.0100% | 4h | $673K | $235K | — | as long as short |
| edgeX TRUMPUSDC | −0.486% | +0.0050% | 4h | $118K | $243K | 20x | as long as short |
| BloFin TRUMP-USDT | −0.412% | +0.0340% | 4h | $4.3M | $471K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTXlong | 0.000% | +0.0376% | 1h | $290K | $397K | 50x | |
| Pacifica TRUMP | +0.001% | +0.0100% | 1h | $189K | $73K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.061% | +0.0070% | 8h | $5K | — | 5x | as long as short |
| Bitget TRUMPUSDT | +0.092% | +0.0100% | 4h | $15.3M | $19.4M | 75x | as long as short |
| Lighter TRUMP | +0.101% | +0.0056% | 1h | $977K | $559K | 10x | as long as short |
| Reya TRUMPRUSDPERP | +0.114% | −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 | |
|---|---|---|---|---|---|---|---|
| SoDEX TRUMP-USD | +0.133% | +0.0100% | 1h | $86 | $6K | 5x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.137% | +0.0100% | 4h | $26.7M | $143.8M | 50x | as long as short |
| Gate TRUMP_USDT | +0.137% | +0.0418% | 4h | $7.4M | $40.0M | 75x | as long as short |
| MEXC TRUMP_USDC | +0.137% | +0.0100% | 4h | $461K | $123K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.137% | +0.0100% | 4h | $4.3M | $8.7M | 50x | as long as short |
| Aevo TRUMP-PERP | +0.148% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Extended TRUMP-USD | +0.181% | +0.0104% | 1h | $55K | $464K | 25x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.183% | +0.0092% | 4h | $3K | $249K | 10x | as long as short |
| HTX TRUMP-USDT | +0.183% | +0.0100% | 4h | $472K | $1.6M | 50x | as long as short |
| dYdX TRUMP-USD | +0.192% | 0.0000% | 1h | $27K | $516 | 5x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.205% | −0.0257% | 1h | $1.1M | $2.0M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.211% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.226% | L +0.0008% / S −0.0007% | 1h | $41K | — | 150x | as long as short |
| Binance TRUMPUSDT | +0.229% | +0.0100% | 4h | $63.0M | $198.6M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.229% | +0.0100% | 4h | $30.0M | $39.0M | 50x | as long as short |
| SunX TRUMP-USDT | +0.229% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.243% | 0.0000% | 1h | $403K | $76K | 10x | as long as short |
| Hyperliquid TRUMPshort | +0.247% | +0.0100% | 1h | $12.8M | $6.6M | 10x | |
| Aster TRUMPUSDT | +0.254% | +0.0100% | 4h | $438K | $870K | 20x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.289% | +0.0388% | 1h | $262K | $266K | 10x | as long as short |