Spread before costs (cost unknown: a leg has no order-book sample)−0.042%
7d average−0.054%if it closes, per $10,000$4funding while held, a day−$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TRUMP | 2.1429 | 0.0100 | pay 0.0013% / 1h | 33m 15s | $11.2M | $5.2M | 10x |
| Short | Orderly PERP_TRUMP_USDC | 2.1420 | 0.0100 | get 0.0050% / 4h | 2h 33m | $3K | $249K | 10x |
Hyperliquid TRUMP
Orderly PERP_TRUMP_USDCPrice 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
- −$4.15
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19.15
- Spread needed to break even
- 0.150%
Slippage unknown: Hyperliquid: live order book, 11 min ago; Orderly: no order-book sample. Net counts fees only.
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 Hyperliquid live order book, 11 min ago | 1.39 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.OKX2.1390cheapestBloFin2.1390cheapestBybit2.1400+0.047%Extended2.1401+0.053%Aevo2.1406+0.074%Binance2.1407+0.077%Lighter2.1407+0.079%SoDEX2.1407+0.079%MEXC2.1410+0.094%KuCoin2.1410+0.094%Bitget2.1410+0.094%Injective2.1410+0.094%GMX2.1411+0.096%Reya2.1413+0.109%Kraken Futures2.1417+0.125%Deribit2.1417+0.126%Aster2.1420+0.140%Gate2.1420+0.140%
OKX
BloFin
Bybit
Extended
Aevo
Binance
Lighter
SoDEX
MEXC
KuCoin
Bitget
Injective
GMX
Reya
Kraken Futures
Deribit
Aster
GateOrderly2.1420+0.140%
Hyperliquid2.1429+0.182%
SunX2.1430+0.187%gTrade (Gains Network)2.1434+0.204%Backpack2.1453+0.295%HTX2.1460+0.327%Paradex2.1463+0.342%Pacifica2.1464+0.346%dYdX2.1476+0.401%edgeX2.1488+0.460%Variational Omni2.1521+0.611%Coinbase International2.1540+0.701%
SunX
gTrade (Gains Network)
Backpack
HTX
Paradex
Pacifica
dYdX
Variational Omni
Coinbase InternationalTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRUMP-USDT-SWAP | −0.182% | +0.0100% | 4h | $26.1M | $121.3M | 50x | as long as short |
| BloFin TRUMP-USDT | −0.182% | +0.0340% | 4h | $4.3M | $457K | 75x | as long as short |
| Bybit TRUMPUSDT | −0.135% | +0.0100% | 4h | $29.0M | $34.5M | 50x | as long as short |
| Extended TRUMP-USD | −0.129% | +0.0104% | 1h | $54K | $459K | 25x | as long as short |
| Aevo TRUMP-PERP | −0.108% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Binance TRUMPUSDT | −0.105% | +0.0100% | 4h | $62.2M | $168.2M | 75x | as long as short |
| Lighter TRUMP | −0.102% | +0.0096% | 1h | $955K | $472K | 10x | as long as short |
| SoDEX TRUMP-USD | −0.102% | +0.0100% | 1h | $100 | $6K | 5x | as long as short |
| MEXC TRUMP_USDC | −0.088% | +0.0100% | 4h | $415K | $118K | 125x | as long as short |
| KuCoin TRUMPUSDTM | −0.088% | +0.0100% | 4h | $4.4M | $7.8M | 50x | as long as short |