After costs, if the gap returns to its 7d average, $10k−$172
spread now−0.281%7d average+0.006%fees + slippage, in and out−$144spread needed1.435%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TRUMP_USDC-PERPETUAL | 2.1360 | 0 | get 0.0000% / 1h | 28m 20s | $390K | $70K | 10x |
| Short | Injective TRUMP/USDC PERP | 2.1300 | −0.1543 | pay 0.0193% / 1h | 28m 20s | $12K | $131K | 12x |
Deribit TRUMP_USDC-PERPETUAL
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
- −$28.09
- Funding while held
- −$46.3
- Slippage, 4 orders
- −$136.51
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$217.92
- Spread needed to break even
- 1.435%
Slippage from Deribit: live order book, 27 min ago; Injective: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1543%
- Per $10,000 a day
- −$46.30
- 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 Deribit live order book, 27 min ago | 4.47 bp | 31.7 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 7 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%
Extended2.1347+0.268%Backpack2.1347+0.268%OKX2.1350+0.282%Gate2.1350+0.282%MEXC2.1350+0.282%Orderly2.1350+0.282%Aevo2.1350+0.283%Paradex2.1352+0.289%dYdX2.1354+0.303%Lighter2.1357+0.315%SoDEX2.1357+0.315%gTrade (Gains Network)2.1359+0.324%GMX2.1359+0.324%Binance2.1360+0.327%Reya2.1360+0.327%Bybit2.1360+0.329%Bitget2.1360+0.329%
Extended
Backpack
OKX
Gate
MEXC
Orderly
Aevo
Paradex
dYdX
Lighter
SoDEX
gTrade (Gains Network)
GMX
Binance
Reya
Bybit
BitgetDeribit2.1360+0.329%
BloFin2.1360+0.329%Kraken Futures2.1361+0.335%Pacifica2.1363+0.343%Hyperliquid2.1367+0.362%Aster2.1369+0.372%KuCoin2.1370+0.376%SunX2.1380+0.423%HTX2.1380+0.423%edgeX2.1385+0.446%Variational Omni2.1390+0.470%
BloFin
Kraken Futures
Pacifica
Hyperliquid
Aster
KuCoin
SunX
HTX
Variational OmniTRUMP 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 | −0.328% | +0.0408% | 1h | $276K | $369K | 50x | as long as short |
| Injective TRUMP/USDC PERPshort | −0.281% | −0.1543% | 1h | $12K | $131K | 12x | |
| Extended TRUMP-USD | −0.061% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| Backpack TRUMP_USDC_PERP | −0.061% | +0.0214% | 1h | $252K | $247K | 10x | as long as short |
| 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 |
| MEXC TRUMP_USDC | −0.047% | +0.0100% | 4h | $414K | $119K | 125x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.047% | +0.0099% | 4h | $3K | $249K | 10x | as long as short |
| Aevo TRUMP-PERP | −0.045% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Paradex TRUMP-USD-PERP | −0.039% | +0.0078% | 8h | $5K | — | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX TRUMP-USD | −0.026% | 0.0000% | 1h | $27K | $342 | 5x | as long as short |
| Lighter TRUMP | −0.014% | 0.0000% | 1h | $958K | $606K | 10x | as long as short |
| SoDEX TRUMP-USD | −0.014% | +0.0100% | 1h | $84 | $6K | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.005% | L +0.0008% / S −0.0007% | 1h | $40K | — | 150x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.004% | L +0.0229% / S −0.0264% | 1h | $11K | — | 100x | as long as short |
| Binance TRUMPUSDT | −0.002% | +0.0100% | 4h | $61.3M | $179.6M | 75x | as long as short |
| Reya TRUMPRUSDPERP | −0.001% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | 0.000% | +0.0100% | 4h | $29.1M | $35.7M | 50x | as long as short |
| Bitget TRUMPUSDT | 0.000% | +0.0100% | 4h | $14.9M | $17.5M | 75x | as long as short |
| Deribit TRUMP_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $390K | $70K | 10x | |
| BloFin TRUMP-USDT | 0.000% | +0.0340% | 4h | $4.1M | $434K | 75x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.006% | +0.0020% | 1h | $1.0M | $1.9M | 50x | as long as short |
| Pacifica TRUMP | +0.015% | +0.0100% | 1h | $185K | $74K | 10x | as long as short |
| Hyperliquid TRUMP | +0.033% | +0.0100% | 1h | $11.1M | $5.4M | 10x | as long as short |
| Aster TRUMPUSDT | +0.043% | +0.0100% | 4h | $221K | $545K | 20x | as long as short |
| KuCoin TRUMPUSDTM | +0.047% | +0.0100% | 4h | $4.3M | $8.0M | 50x | 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 |
| edgeX TRUMPUSDC | +0.117% | +0.0050% | 4h | $116K | $218K | 20x | as long as short |
| Variational Omni TRUMP | +0.140% | +0.0100% | 4h | $591K | $192K | — | as long as short |