After costs, if the gap returns to its 7d average, $10k−$68
spread now−0.042%7d average+0.038%fees + slippage, in and out−$60spread needed0.603%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TRUMP_USDC-PERPETUAL | 2.1622 | 0 | get 0.0000% / 1h | 34m 24s | $405K | $84K | 10x |
| Short | Kraken Futures PF_TRUMPUSD | 2.1613 | −0.0260 | pay 0.0033% / 1h | 34m 24s | $1.0M | $2.0M | 50x |
Deribit TRUMP_USDC-PERPETUAL
Kraken Futures PF_TRUMPUSDPrice 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
- −$4.19
- Funding while held
- −$7.81
- Slippage, 4 orders
- −$43.26
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$72.26
- Spread needed to break even
- 0.603%
Slippage from Deribit: live order book, 11 min ago; Kraken Futures: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0260%
- Per $10,000 a day
- −$7.81
- 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, 11 min ago | 6.89 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 4.63 bp | 14.1 bp −$14 | 26.3 bp −$263 | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1530cheapestMEXC2.1550+0.093%KuCoin2.1550+0.093%Reya2.1553+0.107%Bybit2.1560+0.139%OKX2.1560+0.139%Bitget2.1560+0.139%Binance2.1561+0.145%GMX2.1563+0.155%gTrade (Gains Network)2.1564+0.158%BloFin2.1590+0.279%Hyperliquid2.1593+0.293%Aster2.1606+0.351%Extended2.1607+0.356%Lighter2.1607+0.358%SoDEX2.1609+0.367%Gate2.1610+0.372%HTX2.1610+0.372%Aevo2.1611+0.378%
Injective
MEXC
KuCoin
Reya
Bybit
OKX
Bitget
Binance
GMX
gTrade (Gains Network)
BloFin
Hyperliquid
Aster
Extended
Lighter
SoDEX
Gate
HTX
AevoKraken Futures2.1613+0.385%
Paradex2.1616+0.397%Pacifica2.1617+0.404%Orderly2.1620+0.418%
Paradex
Pacifica
OrderlyDeribit2.1622+0.427%
dYdX2.1624+0.437%Backpack2.1626+0.446%Variational Omni2.1654+0.577%SunX2.1670+0.650%edgeX2.1734+0.949%Coinbase International2.1950+1.951%
dYdX
Backpack
Variational Omni
SunX
Coinbase InternationalTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.425% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| MEXC TRUMP_USDC | −0.333% | +0.0100% | 4h | $450K | $130K | 125x | as long as short |
| KuCoin TRUMPUSDTM | −0.333% | +0.0100% | 4h | $4.4M | $9.0M | 50x | as long as short |
| Reya TRUMPRUSDPERP | −0.319% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.287% | +0.0100% | 4h | $29.8M | $40.8M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.287% | +0.0100% | 4h | $26.5M | $147.3M | 50x | as long as short |
| Bitget TRUMPUSDT | −0.287% | +0.0100% | 4h | $15.1M | $19.9M | 75x | as long as short |
| Binance TRUMPUSDT | −0.281% | +0.0100% | 4h | $62.6M | $205.7M | 75x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.272% | L +0.0229% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.268% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |