Spread before costs (cost unknown: a leg has no order-book sample)−0.052%
7d average—if it closes, per $10,000$5funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TRUMP | 2.1286 | 0.0100 | pay 0.0013% / 1h | 42m 25s | $11.1M | $5.3M | 10x |
| Short | dYdX TRUMP-USD | 2.1275 | 0 | get 0.0000% / 1h | 42m 25s | $27K | $342 | 5x |
Hyperliquid TRUMP
dYdX TRUMP-USDPrice 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
- −$5.22
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$27.22
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 12 min ago; dYdX: no order-book sample. Net counts fees only.
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 Hyperliquid live order book, 12 min ago | 2.13 bp | 9.4 bp −$9 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1090cheapestVariational Omni2.1179+0.424%edgeX2.1203+0.538%Aevo2.1235+0.688%SoDEX2.1240+0.711%BloFin2.1240+0.711%Kraken Futures2.1244+0.731%Deribit2.1250+0.759%HTX2.1250+0.759%Lighter2.1258+0.797%Paradex2.1265+0.828%Extended2.1267+0.839%OKX2.1270+0.853%Gate2.1270+0.853%MEXC2.1270+0.853%Backpack2.1270+0.853%Orderly2.1270+0.853%SunX2.1270+0.853%Pacifica2.1275+0.876%
Injective
Variational Omni
Aevo
SoDEX
BloFin
Kraken Futures
Deribit
HTX
Lighter
Paradex
Extended
OKX
Gate
MEXC
Backpack
Orderly
SunX
PacificadYdX2.1275+0.877%
Aster2.1275+0.878%Reya2.1277+0.888%Bybit2.1280+0.901%KuCoin2.1280+0.901%gTrade (Gains Network)2.1282+0.911%Binance2.1283+0.915%GMX2.1284+0.922%
Aster
Reya
Bybit
KuCoin
gTrade (Gains Network)
Binance
GMXHyperliquid2.1286+0.929%
Bitget2.1290+0.948%Coinbase International2.1290+0.948%
Bitget
Coinbase InternationalTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.921% | −0.1543% | 1h | $12K | $131K | 12x | as long as short |
| Variational Omni TRUMP | −0.501% | +0.0100% | 4h | $585K | $192K | — | as long as short |
| edgeX TRUMPUSDC | −0.388% | +0.0050% | 4h | $115K | $218K | 20x | as long as short |
| Aevo TRUMP-PERP | −0.239% | +0.0104% | 1h | $18K | — | 3x | as long as short |
| SoDEX TRUMP-USD | −0.216% | +0.0051% | 1h | $83 | $6K | 5x | as long as short |
| BloFin TRUMP-USDT | −0.216% | +0.0340% | 4h | $4.1M | $411K | 75x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.197% | +0.0020% | 1h | $1.0M | $1.9M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.169% | 0.0000% | 1h | $388K | $70K | 10x | as long as short |
| HTX TRUMP-USDT | −0.169% | +0.0100% | 4h | $462K | $1.4M | 50x | as long as short |
| Lighter TRUMP | −0.132% | +0.0008% | 1h | $953K | $601K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex TRUMP-USD-PERP | −0.100% | +0.0074% | 8h | $5K | — | 5x | as long as short |
| Extended TRUMP-USD | −0.090% | +0.0104% | 1h | $54K | $465K | 25x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.075% | +0.0100% | 4h | $25.5M | $126.8M | 50x | as long as short |
| Gate TRUMP_USDT | −0.075% | +0.0100% | 4h | $7.3M | $34.9M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.075% | +0.0100% | 4h | $412K | $118K | 125x | as long as short |
| Backpack TRUMP_USDC_PERP | −0.075% | +0.0100% | 1h | $251K | $250K | 10x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.075% | +0.0099% | 4h | $3K | $249K | 10x | as long as short |
| SunX TRUMP-USDT | −0.075% | +0.0100% | 4h | $2K | $1.3M | 50x | as long as short |
| Pacifica TRUMP | −0.053% | +0.0100% | 1h | $183K | $73K | 10x | as long as short |
| dYdX TRUMP-USDshort | −0.052% | 0.0000% | 1h | $27K | $342 | 5x | |
| Aster TRUMPUSDT | −0.051% | +0.0100% | 4h | $221K | $541K | 20x | as long as short |
| Reya TRUMPRUSDPERP | −0.041% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.028% | +0.0100% | 4h | $28.9M | $35.6M | 50x | as long as short |
| KuCoin TRUMPUSDTM | −0.028% | +0.0100% | 4h | $4.3M | $8.0M | 50x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.018% | L +0.0008% / S −0.0007% | 1h | $40K | — | 150x | as long as short |
| Binance TRUMPUSDT | −0.015% | +0.0100% | 4h | $60.6M | $178.5M | 75x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.007% | L +0.0229% / S −0.0264% | 1h | $11K | — | 100x | as long as short |
| Hyperliquid TRUMPlong | 0.000% | +0.0100% | 1h | $11.1M | $5.3M | 10x | |
| Bitget TRUMPUSDT | +0.019% | +0.0100% | 4h | $14.9M | $17.5M | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.019% | +0.0408% | 1h | $276K | $370K | 50x | as long as short |