After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.014%7d average−0.060%fees + slippage, in and out−$65spread needed0.646%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TRUMP-USDT | 2.1620 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $483K | $1.6M | 50x |
| Short | Deribit TRUMP_USDC-PERPETUAL | 2.1617 | 0 | get 0.0000% / 1h | 50m 56s | $405K | $77K | 10x |
HTX TRUMP-USDT
Deribit TRUMP_USDC-PERPETUALPrice 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
- −$1.39
- Funding while held
- −$3
- Slippage, 4 orders
- −$45.61
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$69
- Spread needed to break even
- 0.646%
Slippage from HTX: live order book, 4 min ago; Deribit: live order book, 54 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 HTX live order book, 4 min ago | 6.98 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 54 min ago | 6.89 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1440cheapestVariational Omni2.1476+0.168%edgeX2.1508+0.318%dYdX2.1530+0.420%Pacifica2.1545+0.489%Paradex2.1548+0.505%Coinbase International2.1560+0.560%BloFin2.1580+0.653%Aevo2.1595+0.723%Reya2.1596+0.728%Lighter2.1597+0.732%Gate2.1600+0.746%MEXC2.1600+0.746%Orderly2.1600+0.746%Extended2.1607+0.777%GMX2.1608+0.782%SoDEX2.1608+0.784%Bybit2.1610+0.793%OKX2.1610+0.793%Binance2.1612+0.800%gTrade (Gains Network)2.1612+0.802%
Injective
Variational Omni
dYdX
Pacifica
Paradex
Coinbase International
BloFin
Aevo
Reya
Lighter
Gate
MEXC
Orderly
Extended
GMX
SoDEX
Bybit
OKX
Binance
gTrade (Gains Network)Deribit2.1617+0.826%
Aster2.1618+0.832%KuCoin2.1620+0.840%Bitget2.1620+0.840%SunX2.1620+0.840%
Aster
KuCoin
Bitget
SunXHTX2.1620+0.840%
Hyperliquid2.1626+0.868%Kraken Futures2.1632+0.895%Backpack2.1633+0.900%
Hyperliquid
Kraken Futures
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 | −0.833% | −0.1677% | 1h | $12K | $109K | 12x | as long as short |
| Variational Omni TRUMP | −0.666% | +0.0100% | 4h | $667K | $239K | — | as long as short |
| edgeX TRUMPUSDC | −0.517% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |
| dYdX TRUMP-USD | −0.416% | 0.0000% | 1h | $27K | $481 | 5x | as long as short |
| Pacifica TRUMP | −0.348% | +0.0100% | 1h | $186K | $71K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | −0.331% | +0.0081% | 8h | $5K | — | 5x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.278% | +0.0496% | 1h | $285K | $388K | 50x | as long as short |
| BloFin TRUMP-USDT | −0.185% | +0.0340% | 4h | $4.2M | $456K | 75x | as long as short |
| Aevo TRUMP-PERP | −0.116% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Reya TRUMPRUSDPERP | −0.111% | −0.0245% | 1h | $5 | — | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter TRUMP | −0.106% | +0.0048% | 1h | $966K | $577K | 10x | as long as short |
| Gate TRUMP_USDT | −0.093% | +0.0100% | 4h | $7.4M | $43.3M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.093% | +0.0100% | 4h | $492K | $131K | 125x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.093% | +0.0092% | 4h | $3K | $249K | 10x | as long as short |
| Extended TRUMP-USD | −0.062% | +0.0104% | 1h | $74K | $474K | 25x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.057% | L +0.0229% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| SoDEX TRUMP-USD | −0.056% | +0.0100% | 1h | $85 | $6K | 5x | as long as short |
| Bybit TRUMPUSDT | −0.046% | +0.0100% | 4h | $30.1M | $40.3M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.046% | +0.0100% | 4h | $26.5M | $143.6M | 50x | as long as short |
| Binance TRUMPUSDT | −0.039% | +0.0100% | 4h | $61.9M | $205.3M | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.037% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| Deribit TRUMP_USDC-PERPETUALshort | −0.014% | 0.0000% | 1h | $405K | $77K | 10x | |
| Aster TRUMPUSDT | −0.007% | +0.0100% | 4h | $428K | $847K | 20x | as long as short |
| KuCoin TRUMPUSDTM | 0.000% | +0.0100% | 4h | $4.4M | $9.0M | 50x | as long as short |
| Bitget TRUMPUSDT | 0.000% | +0.0100% | 4h | $15.2M | $19.6M | 75x | as long as short |
| SunX TRUMP-USDT | 0.000% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDTlong | 0.000% | +0.0100% | 4h | $483K | $1.6M | 50x | |
| Hyperliquid TRUMP | +0.028% | +0.0100% | 1h | $13.8M | $7.3M | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.055% | −0.0154% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.060% | +0.0158% | 1h | $257K | $263K | 10x | as long as short |