After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.458%7d average+0.051%fees + slippage, in and out−$73spread needed0.727%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRUMP_USDT | 2.1850 | 0.0042 | pay 0.0021% / 4h | 3h 43m | $7.4M | $42.1M | 75x |
| Short | Coinbase International TRUMP-PERP-INTX | 2.1950 | 0.0376 | get 0.0047% / 1h | 43m 47s | $293K | $399K | 50x |
Gate TRUMP_USDT
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
- $45.77
- Funding while held
- $10.02
- Slippage, 4 orders
- −$47.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$16.96
- Spread needed to break even
- 0.727%
Slippage from Gate: live order book, 2 min ago; Coinbase International: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0334%
- Per $10,000 a day
- +$10.02
- 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, 2 min ago | 4.60 bp | 13.2 bp −$13 | 34.7 bp −$347 | 78.7 bp −$7,866 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 13.73 bp | 23.2 bp −$23 | 30.3 bp −$303 | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1640cheapestBloFin2.1750+0.508%Reya2.1756+0.534%Variational Omni2.1756+0.536%HTX2.1760+0.555%edgeX2.1762+0.562%GMX2.1763+0.567%dYdX2.1771+0.604%Paradex2.1773+0.614%Pacifica2.1774+0.620%gTrade (Gains Network)2.1780+0.647%Orderly2.1790+0.693%SunX2.1790+0.693%Deribit2.1794+0.712%Aevo2.1795+0.715%Lighter2.1797+0.726%SoDEX2.1805+0.762%Kraken Futures2.1819+0.827%Aster2.1823+0.846%Bybit2.1840+0.924%MEXC2.1840+0.924%Extended2.1844+0.942%Binance2.1850+0.970%OKX2.1850+0.970%
Injective
BloFin
Reya
Variational Omni
HTX
GMX
dYdX
Paradex
Pacifica
gTrade (Gains Network)
Orderly
SunX
Deribit
Aevo
Lighter
SoDEX
Kraken Futures
Aster
Bybit
MEXC
Extended
Binance
OKXGate2.1850+0.970%
KuCoin2.1850+0.970%Bitget2.1860+1.017%Backpack2.1864+1.035%Hyperliquid2.1874+1.081%
KuCoin
Bitget
Backpack
HyperliquidCoinbase International2.1950+1.433%
TRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.961% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| BloFin TRUMP-USDT | −0.458% | +0.0340% | 4h | $4.3M | $469K | 75x | as long as short |
| Reya TRUMPRUSDPERP | −0.432% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Variational Omni TRUMP | −0.430% | +0.0100% | 4h | $676K | $235K | — | as long as short |
| HTX TRUMP-USDT | −0.412% | +0.0100% | 4h | $474K | $1.7M | 50x | as long as short |
| edgeX TRUMPUSDC | −0.404% | +0.0050% | 4h | $118K | $243K | 20x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.400% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| dYdX TRUMP-USD | −0.363% | 0.0000% | 1h | $27K | $478 | 5x | as long as short |
| Paradex TRUMP-USD-PERP | −0.353% | +0.0073% | 8h | $5K | — | 5x | as long as short |
| Pacifica TRUMP | −0.347% | +0.0100% | 1h | $188K | $75K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRUMP/USD | −0.320% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.275% | +0.0092% | 4h | $3K | $249K | 10x | as long as short |
| SunX TRUMP-USDT | −0.275% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.256% | 0.0000% | 1h | $408K | $83K | 10x | as long as short |
| Aevo TRUMP-PERP | −0.253% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Lighter TRUMP | −0.243% | +0.0096% | 1h | $974K | $579K | 10x | as long as short |
| SoDEX TRUMP-USD | −0.206% | +0.0100% | 1h | $88 | $6K | 5x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.142% | −0.0258% | 1h | $1.1M | $2.0M | 50x | as long as short |
| Aster TRUMPUSDT | −0.124% | +0.0100% | 4h | $435K | $872K | 20x | as long as short |
| Bybit TRUMPUSDT | −0.046% | +0.0100% | 4h | $30.2M | $40.7M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.046% | +0.0100% | 4h | $456K | $126K | 125x | as long as short |
| Extended TRUMP-USD | −0.028% | +0.0104% | 1h | $55K | $462K | 25x | as long as short |
| Binance TRUMPUSDT | 0.000% | +0.0100% | 4h | $63.4M | $204.9M | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | 0.000% | +0.0100% | 4h | $26.9M | $148.8M | 50x | as long as short |
| Gate TRUMP_USDTlong | 0.000% | +0.0042% | 4h | $7.4M | $42.1M | 75x | |
| KuCoin TRUMPUSDTM | 0.000% | +0.0100% | 4h | $4.4M | $8.9M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.046% | +0.0100% | 4h | $15.4M | $19.8M | 75x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.064% | +0.0283% | 1h | $258K | $271K | 10x | as long as short |
| Hyperliquid TRUMP | +0.109% | +0.0100% | 1h | $13.7M | $7.2M | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTXshort | +0.458% | +0.0376% | 1h | $293K | $399K | 50x |