After costs, if the gap returns to its 7d average, $10k−$44
spread now+0.023%7d average+0.011%fees + slippage, in and out−$45spread needed0.451%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRUMP_USDT | 2.1770 | 0.0100 | pay 0.0050% / 4h | 53m 32s | $7.4M | $37.1M | 75x |
| Short | Hyperliquid TRUMP | 2.1775 | 0.0100 | get 0.0013% / 1h | 53m 32s | $11.4M | $5.4M | 10x |
Gate TRUMP_USDT
Hyperliquid TRUMPPrice 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
- $2.3
- Funding while held
- $0
- Slippage, 4 orders
- −$21.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$42.79
- Spread needed to break even
- 0.451%
Slippage from Gate: live order book, 2 min ago; Hyperliquid: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 | 2.29 bp | 12.1 bp −$12 | 23.1 bp −$231 | 65.1 bp −$6,512 | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.46 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1540cheapestCoinbase International2.1610+0.325%OKX2.1690+0.696%Reya2.1707+0.777%Bybit2.1710+0.789%Bitget2.1710+0.789%Variational Omni2.1732+0.890%Binance2.1733+0.897%Lighter2.1763+1.035%
Injective
Coinbase International
OKX
Reya
Bybit
Bitget
Variational Omni
Binance
LighterGate2.1770+1.068%
MEXC2.1770+1.068%KuCoin2.1770+1.068%Extended2.1771+1.071%
MEXC
KuCoin
ExtendedHyperliquid2.1775+1.091%
Paradex2.1776+1.095%gTrade (Gains Network)2.1777+1.099%Pacifica2.1777+1.101%dYdX2.1780+1.114%Orderly2.1780+1.114%Aster2.1780+1.115%edgeX2.1786+1.140%BloFin2.1790+1.161%Aevo2.1791+1.167%SoDEX2.1798+1.198%HTX2.1800+1.207%GMX2.1803+1.219%Deribit2.1805+1.230%Kraken Futures2.1815+1.276%Backpack2.1827+1.332%SunX2.1830+1.346%
Paradex
gTrade (Gains Network)
Pacifica
dYdX
Orderly
Aster
BloFin
Aevo
SoDEX
HTX
GMX
Deribit
Kraken Futures
Backpack
SunXTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −1.056% | −0.1587% | 1h | $13K | $174K | 12x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.735% | +0.0336% | 1h | $281K | $377K | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.367% | +0.0100% | 4h | $26.5M | $134.2M | 50x | as long as short |
| Reya TRUMPRUSDPERP | −0.288% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.276% | +0.0100% | 4h | $29.6M | $36.5M | 50x | as long as short |
| Bitget TRUMPUSDT | −0.276% | +0.0100% | 4h | $15.3M | $18.1M | 75x | as long as short |
| Variational Omni TRUMP | −0.176% | +0.0100% | 4h | $597K | $161K | — | as long as short |
| Binance TRUMPUSDT | −0.169% | +0.0100% | 4h | $62.9M | $184.8M | 75x | as long as short |
| Lighter TRUMP | −0.032% | −0.0120% | 1h | $973K | $604K | 10x | as long as short |
| Gate TRUMP_USDTlong | 0.000% | +0.0100% | 4h | $7.4M | $37.1M | 75x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC TRUMP_USDC | 0.000% | +0.0100% | 4h | $466K | $123K | 125x | as long as short |
| KuCoin TRUMPUSDTM | 0.000% | +0.0100% | 4h | $4.3M | $8.3M | 50x | as long as short |
| Extended TRUMP-USD | +0.003% | +0.0104% | 1h | $55K | $464K | 25x | as long as short |
| Hyperliquid TRUMPshort | +0.023% | +0.0100% | 1h | $11.4M | $5.4M | 10x | |
| Paradex TRUMP-USD-PERP | +0.027% | +0.0059% | 8h | $5K | — | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.031% | L +0.0008% / S −0.0007% | 1h | $41K | — | 150x | as long as short |
| Pacifica TRUMP | +0.033% | +0.0100% | 1h | $189K | $73K | 10x | as long as short |
| dYdX TRUMP-USD | +0.046% | 0.0000% | 1h | $27K | $342 | 5x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.046% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| Aster TRUMPUSDT | +0.046% | +0.0100% | 4h | $442K | $874K | 20x | as long as short |
| edgeX TRUMPUSDC | +0.072% | +0.0050% | 4h | $119K | $223K | 20x | as long as short |
| BloFin TRUMP-USDT | +0.092% | +0.0340% | 4h | $4.2M | $458K | 75x | as long as short |
| Aevo TRUMP-PERP | +0.098% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| SoDEX TRUMP-USD | +0.129% | +0.0100% | 1h | $82 | $6K | 5x | as long as short |
| HTX TRUMP-USDT | +0.138% | +0.0100% | 4h | $468K | $1.5M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.149% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.161% | 0.0000% | 1h | $398K | $73K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.206% | −0.0460% | 1h | $1.1M | $2.0M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.262% | +0.0369% | 1h | $258K | $256K | 10x | as long as short |
| SunX TRUMP-USDT | +0.276% | +0.0100% | 4h | $2K | $1.4M | 50x | as long as short |