Spread before costs (cost unknown: a leg has no order-book sample)−0.253%
7d average−0.008%if it closes, per $10,000$25funding while held, a day+$1.28
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TRUMPUSDC | 2.1444 | 0.0050 | pay 0.0025% / 4h | 32m 35s | $117K | $242K | 20x |
| Short | Orderly PERP_TRUMP_USDC | 2.1390 | 0.0093 | get 0.0046% / 4h | 32m 35s | $3K | $249K | 10x |
Orderly PERP_TRUMP_USDCPrice 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
- −$25.32
- Funding while held
- $1.28
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$39.04
- Spread needed to break even
- 0.150%
Slippage unknown: edgeX: live order book, 16 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0043%
- Per $10,000 a day
- +$1.28
- 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 edgeX live order book, 16 min ago | 6.88 bp | 14.5 bp −$15 | 37.3 bp −$373 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Lighter2.1370cheapestHyperliquid2.1383+0.061%Aster2.1383+0.061%MEXC2.1390+0.094%
Lighter
Hyperliquid
Aster
MEXCOrderly2.1390+0.094%
Binance2.1390+0.095%Aevo2.1395+0.117%Pacifica2.1397+0.126%SoDEX2.1399+0.136%OKX2.1400+0.140%Gate2.1400+0.140%KuCoin2.1400+0.140%HTX2.1400+0.140%Reya2.1401+0.144%Deribit2.1401+0.145%Paradex2.1403+0.154%Extended2.1404+0.159%dYdX2.1408+0.178%Bybit2.1410+0.187%Bitget2.1410+0.187%BloFin2.1410+0.187%Kraken Futures2.1413+0.202%GMX2.1418+0.223%gTrade (Gains Network)2.1419+0.231%SunX2.1420+0.234%Coinbase International2.1420+0.234%Backpack2.1421+0.239%Injective2.1460+0.421%Variational Omni2.1513+0.669%
Binance
Aevo
Pacifica
SoDEX
OKX
Gate
KuCoin
HTX
Reya
Deribit
Paradex
Extended
dYdX
Bybit
Bitget
BloFin
Kraken Futures
GMX
gTrade (Gains Network)
SunX
Coinbase International
Backpack
Injective
Variational OmniTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter TRUMP | −0.346% | −0.0088% | 1h | $956K | $614K | 10x | as long as short |
| Hyperliquid TRUMP | −0.286% | +0.0100% | 1h | $11.1M | $5.5M | 10x | as long as short |
| Aster TRUMPUSDT | −0.285% | +0.0100% | 4h | $432K | $880K | 20x | as long as short |
| MEXC TRUMP_USDC | −0.253% | +0.0100% | 4h | $451K | $125K | 125x | as long as short |
| Orderly PERP_TRUMP_USDCshort | −0.253% | +0.0093% | 4h | $3K | $249K | 10x | |
| Binance TRUMPUSDT | −0.252% | +0.0100% | 4h | $61.7M | $192.3M | 75x | as long as short |
| Aevo TRUMP-PERP | −0.230% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Pacifica TRUMP | −0.221% | +0.0100% | 1h | $186K | $73K | 10x | as long as short |
| SoDEX TRUMP-USD | −0.211% | +0.0090% | 1h | $79 | $6K | 5x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.207% | +0.0100% | 4h | $25.8M | $136.5M | 50x | as long as short |