After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.182%7d average+0.062%fees + slippage, in and out−$63spread needed0.634%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRUMP_USDT | 2.1390 | 0.0030 | pay 0.0015% / 4h | 2h 29m | $7.3M | $43.7M | 75x |
| Short | Kraken Futures PF_TRUMPUSD | 2.1429 | −0.0155 | pay 0.0019% / 1h | 29m 17s | $1.0M | $2.0M | 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
- $18.21
- Funding while held
- −$5.55
- Slippage, 4 orders
- −$38.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$50.76
- Spread needed to break even
- 0.634%
Slippage from Gate: live order book, 1 min ago; Kraken Futures: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0185%
- Per $10,000 a day
- −$5.55
- 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, 1 min ago | 4.67 bp | 14.1 bp −$14 | 30.5 bp −$305 | 77.3 bp −$7,725 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 4.67 bp | 16.0 bp −$16 | 24.1 bp −$241 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.608% | −0.1677% | 1h | $12K | $110K | 12x | as long as short |
| Aevo TRUMP-PERP | −0.072% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Extended TRUMP-USD | −0.049% | +0.0104% | 1h | $74K | $474K | 25x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.047% | +0.0100% | 4h | $26.1M | $140.8M | 50x | as long as short |
| Lighter TRUMP | −0.023% | −0.0024% | 1h | $957K | $580K | 10x | as long as short |
| Binance TRUMPUSDT | −0.020% | +0.0100% | 4h | $61.4M | $205.2M | 75x | as long as short |
| Paradex TRUMP-USD-PERP | −0.016% | +0.0065% | 8h | $5K | — | 5x | as long as short |
| Bybit TRUMPUSDT | 0.000% | +0.0100% | 4h | $29.7M | $40.3M | 50x | as long as short |
| Gate TRUMP_USDTlong | 0.000% | +0.0030% | 4h | $7.3M | $43.7M | 75x | |
| MEXC TRUMP_USDC | 0.000% | +0.0100% | 4h | $488K | $132K | 125x | as long as short |
Gate TRUMP_USDT
Kraken Futures PF_TRUMPUSD
Injective
Extended
OKX
Lighter
Binance
Paradex
Bybit
MEXC
BloFin
Pacifica
gTrade (Gains Network)
Variational Omni
GMX
SoDEX
Aster
KuCoin
Bitget
Hyperliquid
SunX
Deribit
Backpack
HTX
Coinbase International