Spread before costs (cost unknown: a leg has no order-book sample)−0.495%
7d average—if it closes, per $10,000$49funding while held, a day+$9.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRUMP/USD | 2.1536 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 24m 47s | $41K | — | 150x |
| Short | Coinbase International TRUMP-PERP-INTX | 2.1430 | 0.0336 | get 0.0042% / 1h | 24m 47s | $285K | $388K | 50x |
gTrade (Gains Network) TRUMP/USD
Coinbase International TRUMP-PERP-INTXPrice 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
- −$49.45
- Funding while held
- $9.83
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$59.62
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 25 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0328%
- Per $10,000 a day
- +$9.83
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 25 min ago | 20.49 bp | 26.3 bp −$26 | 31.8 bp −$318 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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.Injective2.1370cheapestedgeX2.1425+0.255%
InjectiveCoinbase International2.1430+0.281%
Variational Omni2.1463+0.436%Bitget2.1490+0.562%Lighter2.1500+0.608%OKX2.1500+0.608%MEXC2.1500+0.608%Paradex2.1504+0.625%Bybit2.1510+0.655%Hyperliquid2.1518+0.693%Binance2.1520+0.702%Pacifica2.1524+0.719%Extended2.1526+0.730%KuCoin2.1530+0.749%GMX2.1531+0.754%Aster2.1536+0.777%
Variational Omni
Bitget
Lighter
OKX
MEXC
Paradex
Bybit
Hyperliquid
Binance
Pacifica
Extended
KuCoin
GMX
AstergTrade (Gains Network)2.1536+0.779%
dYdX2.1538+0.785%Aevo2.1538+0.787%Gate2.1540+0.796%Orderly2.1540+0.796%SoDEX2.1540+0.796%Kraken Futures2.1541+0.800%Deribit2.1546+0.824%HTX2.1550+0.842%BloFin2.1550+0.842%Reya2.1553+0.855%SunX2.1560+0.889%Backpack2.1571+0.941%
dYdX
Aevo
Gate
Orderly
SoDEX
Kraken Futures
Deribit
HTX
BloFin
Reya
SunX
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 | −0.773% | −0.1587% | 1h | $12K | $174K | 12x | as long as short |
| edgeX TRUMPUSDC | −0.520% | +0.0050% | 4h | $117K | $241K | 20x | as long as short |
| Coinbase International TRUMP-PERP-INTXshort | −0.495% | +0.0336% | 1h | $285K | $388K | 50x | |
| Variational Omni TRUMP | −0.340% | +0.0100% | 4h | $597K | $166K | — | as long as short |
| Bitget TRUMPUSDT | −0.216% | +0.0100% | 4h | $14.9M | $18.8M | 75x | as long as short |
| Lighter TRUMP | −0.169% | −0.0016% | 1h | $963K | $622K | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.169% | +0.0100% | 4h | $26.0M | $138.6M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.169% | +0.0100% | 4h | $453K | $125K | 125x | as long as short |
| Paradex TRUMP-USD-PERP | −0.153% | +0.0054% | 8h | $5K | — | 5x | as long as short |
| Bybit TRUMPUSDT | −0.123% | +0.0100% | 4h | $29.4M | $38.0M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid TRUMP | −0.086% | +0.0100% | 1h | $11.2M | $5.5M | 10x | as long as short |
| Binance TRUMPUSDT | −0.077% | +0.0100% | 4h | $61.8M | $193.7M | 75x | as long as short |
| Pacifica TRUMP | −0.060% | +0.0100% | 1h | $187K | $73K | 10x | as long as short |
| Extended TRUMP-USD | −0.049% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| KuCoin TRUMPUSDTM | −0.030% | +0.0100% | 4h | $4.3M | $8.5M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.025% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| Aster TRUMPUSDT | −0.002% | +0.0100% | 4h | $433K | $882K | 20x | as long as short |
| gTrade (Gains Network) TRUMP/USDlong | 0.000% | L +0.0008% / S −0.0007% | 1h | $41K | — | 150x | |
| dYdX TRUMP-USD | +0.006% | 0.0000% | 1h | $27K | $572 | 5x | as long as short |
| Aevo TRUMP-PERP | +0.008% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Gate TRUMP_USDT | +0.016% | +0.0100% | 4h | $7.3M | $40.6M | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.016% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| SoDEX TRUMP-USD | +0.016% | +0.0100% | 1h | $75 | $6K | 5x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.021% | −0.0466% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.044% | 0.0000% | 1h | $393K | $73K | 10x | as long as short |
| HTX TRUMP-USDT | +0.063% | +0.0100% | 4h | $469K | $1.6M | 50x | as long as short |
| BloFin TRUMP-USDT | +0.063% | +0.0340% | 4h | $4.3M | $462K | 75x | as long as short |
| Reya TRUMPRUSDPERP | +0.075% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| SunX TRUMP-USDT | +0.109% | +0.0100% | 4h | $2K | $1.4M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.160% | +0.0171% | 1h | $259K | $267K | 10x | as long as short |