After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.202%7d average−0.032%fees + slippage, in and out−$43spread needed0.426%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TRUMP_USDC-PERPETUAL | 2.1597 | 0 | get 0.0000% / 1h | 48m 28s | $405K | $77K | 10x |
| Short | Binance TRUMPUSDT | 2.1553 | 0.0100 | get 0.0050% / 4h | 2h 48m | $61.7M | $204.8M | 75x |
Deribit TRUMP_USDC-PERPETUAL
Binance 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
- −$20.19
- Funding while held
- $3
- Slippage, 4 orders
- −$25.57
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.75
- Spread needed to break even
- 0.426%
Slippage from Deribit: live order book, 57 min ago; Binance: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Deribit live order book, 57 min ago | 6.89 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.33 bp | 9.9 bp −$10 | 12.7 bp −$127 | 35.5 bp −$3,551 | 202.4 bp −$101.2K |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1490cheapestedgeX2.1508+0.085%Variational Omni2.1546+0.260%OKX2.1550+0.279%MEXC2.1550+0.279%Aevo2.1550+0.279%Lighter2.1553+0.293%
Injective
Variational Omni
OKX
MEXC
Aevo
LighterBinance2.1553+0.295%
Reya2.1556+0.307%Bybit2.1560+0.326%Gate2.1560+0.326%KuCoin2.1560+0.326%Bitget2.1560+0.326%Orderly2.1560+0.326%Coinbase International2.1560+0.326%Extended2.1565+0.350%GMX2.1566+0.356%Paradex2.1567+0.357%gTrade (Gains Network)2.1570+0.372%Pacifica2.1577+0.405%SoDEX2.1578+0.409%Aster2.1578+0.411%BloFin2.1580+0.419%Hyperliquid2.1586+0.447%dYdX2.1591+0.468%
Reya
Bybit
Gate
KuCoin
Bitget
Orderly
Coinbase International
Extended
GMX
Paradex
gTrade (Gains Network)
Pacifica
SoDEX
Aster
BloFin
Hyperliquid
dYdXDeribit2.1597+0.498%
SunX2.1600+0.512%HTX2.1600+0.512%Backpack2.1605+0.535%Kraken Futures2.1605+0.535%
SunX
HTX
Backpack
Kraken FuturesTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.495% | −0.1677% | 1h | $13K | $109K | 12x | as long as short |
| edgeX TRUMPUSDC | −0.411% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |
| Variational Omni TRUMP | −0.236% | +0.0100% | 4h | $669K | $239K | — | as long as short |
| OKX TRUMP-USDT-SWAP | −0.218% | +0.0100% | 4h | $26.5M | $142.2M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.218% | +0.0100% | 4h | $491K | $131K | 125x | as long as short |
| Aevo TRUMP-PERP | −0.218% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Lighter TRUMP | −0.204% | +0.0016% | 1h | $964K | $578K | 10x | as long as short |
| Binance TRUMPUSDTshort | −0.202% | +0.0100% | 4h | $61.7M | $204.8M | 75x | |
| Reya TRUMPRUSDPERP | −0.190% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.171% | +0.0100% | 4h | $30.0M | $40.2M | 50x | as long as short |