After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.228%7d average−0.020%fees + slippage, in and out−$44spread needed0.439%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRUMP_USDT | 2.1910 | −0.0208 | get 0.0104% / 4h | 3h 51m | $7.5M | $41.2M | 75x |
| Short | Bybit TRUMPUSDT | 2.1860 | 0.0100 | get 0.0050% / 4h | 3h 51m | $30.2M | $40.2M | 50x |
Price 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
- −$22.82
- Funding while held
- $9.24
- Slippage, 4 orders
- −$17.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.46
- Spread needed to break even
- 0.439%
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0308%
- Per $10,000 a day
- +$9.24
- 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 Gate live order book, 3 min ago | 4.55 bp | 12.1 bp −$12 | 33.8 bp −$338 | 82.2 bp −$8,221 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.28 bp | 10.2 bp −$10 | 19.5 bp −$195 | 154.0 bp −$15.4K | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.TRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex TRUMP-USD-PERP | −0.486% | +0.0071% | 8h | $5K | — | 5x | as long as short |
| Injective TRUMP/USDC PERP | −0.365% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| Pacifica TRUMP | −0.271% | +0.0100% | 1h | $189K | $73K | 10x | as long as short |
| Bybit TRUMPUSDTshort | −0.228% | +0.0100% | 4h | $30.2M | $40.2M | 50x | |
| dYdX TRUMP-USD | −0.227% | 0.0000% | 1h | $27K | $517 | 5x | as long as short |
| Binance TRUMPUSDT | −0.193% | +0.0100% | 4h | $63.7M | $203.6M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.183% | +0.0100% | 4h | $457K | $126K | 125x | as long as short |
| Extended TRUMP-USD | −0.158% | +0.0104% | 1h | $55K | $464K | 25x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.137% | +0.0100% | 4h | $27.2M | $147.5M | 50x | as long as short |
| KuCoin TRUMPUSDTM | −0.137% | +0.0100% | 4h | $4.3M | $8.8M | 50x | as long as short |
Gate TRUMP_USDT
Bybit TRUMPUSDT
Paradex
Injective
Pacifica
Binance
MEXC
Extended
OKX
KuCoin
Bitget
Lighter
Hyperliquid
Aster
SoDEX
BloFin
Coinbase International
Backpack
Deribit
Kraken Futures
gTrade (Gains Network)
GMX
Variational Omni
SunX
HTX