After costs, if the gap returns to its 7d average, $10k−$69
spread now−0.098%7d average−0.083%fees + slippage, in and out−$68spread needed0.675%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TRUMPUSD | 2.1580 | −0.0355 | get 0.0044% / 1h | 4m 27s | $1.0M | $2.0M | 50x |
| Short | edgeX TRUMPUSDC | 2.1559 | 0.0050 | get 0.0025% / 4h | 1h 04m | $117K | $243K | 20x |
Kraken Futures PF_TRUMPUSDPrice 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
- −$9.81
- Funding while held
- $12.15
- Slippage, 4 orders
- −$48.5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$65.16
- Spread needed to break even
- 0.675%
Slippage from Kraken Futures: live order book, 1 min ago; edgeX: live order book, 29 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0405%
- Per $10,000 a day
- +$12.15
- 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 Kraken Futures live order book, 1 min ago | 4.63 bp | 16.5 bp −$16 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 6.99 bp | 15.2 bp −$15 | 42.0 bp −$420 | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1420cheapestMEXC2.1540+0.560%Lighter2.1541+0.565%Bybit2.1550+0.607%OKX2.1550+0.607%Aevo2.1550+0.607%BloFin2.1550+0.607%Reya2.1550+0.609%Binance2.1551+0.611%Extended2.1554+0.627%SoDEX2.1555+0.630%Paradex2.1555+0.632%Variational Omni2.1556+0.634%Gate2.1560+0.654%Bitget2.1560+0.654%Pacifica2.1561+0.657%gTrade (Gains Network)2.1562+0.663%GMX2.1563+0.669%Deribit2.1565+0.677%Aster2.1568+0.691%KuCoin2.1570+0.700%Orderly2.1570+0.700%dYdX2.1571+0.703%Backpack2.1576+0.728%Hyperliquid2.1580+0.745%
Injective
MEXC
Lighter
Bybit
OKX
Aevo
BloFin
Reya
Binance
Extended
SoDEX
Paradex
Variational Omni
Gate
Bitget
Pacifica
gTrade (Gains Network)
GMX
Deribit
Aster
KuCoin
Orderly
dYdX
Backpack
HyperliquidKraken Futures2.1580+0.746%
SunX2.1580+0.747%Coinbase International2.1580+0.747%HTX2.1580+0.747%
SunX
Coinbase International
HTXTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.741% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| MEXC TRUMP_USDC | −0.185% | +0.0054% | 4h | $476K | $135K | 125x | as long as short |
| Lighter TRUMP | −0.180% | −0.0288% | 1h | $963K | $583K | 10x | as long as short |
| Bybit TRUMPUSDT | −0.138% | +0.0100% | 4h | $30.0M | $40.6M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.138% | +0.0100% | 4h | $26.7M | $142.9M | 50x | as long as short |
| Aevo TRUMP-PERP | −0.138% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| BloFin TRUMP-USDT | −0.138% | +0.0340% | 4h | $4.2M | $468K | 75x | as long as short |
| Reya TRUMPRUSDPERP | −0.136% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.135% | +0.0100% | 4h | $61.7M | $207.2M | 75x | as long as short |
| Extended TRUMP-USD | −0.119% | +0.0104% | 1h | $74K | $472K | 25x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX TRUMP-USD | −0.115% | −0.0050% | 1h | $81 | $6K | 5x | as long as short |
| Paradex TRUMP-USD-PERP | −0.114% | +0.0056% | 8h | $5K | — | 5x | as long as short |
| Variational Omni TRUMP | −0.112% | +0.0100% | 4h | $670K | $230K | — | as long as short |
| edgeX TRUMPUSDCshort | −0.098% | +0.0050% | 4h | $117K | $243K | 20x | |
| Gate TRUMP_USDT | −0.092% | +0.0046% | 4h | $7.4M | $44.3M | 75x | as long as short |
| Bitget TRUMPUSDT | −0.092% | +0.0100% | 4h | $15.3M | $19.6M | 75x | as long as short |
| Pacifica TRUMP | −0.089% | +0.0100% | 1h | $186K | $70K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.083% | L +0.0008% / S −0.0007% | 1h | $41K | — | 150x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.077% | L +0.0228% / S −0.0259% | 1h | $11K | — | 100x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.069% | 0.0000% | 1h | $404K | $76K | 10x | as long as short |
| Aster TRUMPUSDT | −0.055% | +0.0100% | 4h | $423K | $804K | 20x | as long as short |
| KuCoin TRUMPUSDTM | −0.046% | +0.0100% | 4h | $4.4M | $9.3M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.046% | +0.0096% | 4h | $3K | $249K | 10x | as long as short |
| dYdX TRUMP-USD | −0.043% | −0.0020% | 1h | $27K | $485 | 5x | as long as short |
| Backpack TRUMP_USDC_PERP | −0.018% | +0.0317% | 1h | $255K | $266K | 10x | as long as short |
| Hyperliquid TRUMP | −0.002% | +0.0100% | 1h | $13.7M | $7.2M | 10x | as long as short |
| Kraken Futures PF_TRUMPUSDlong | 0.000% | −0.0355% | 1h | $1.0M | $2.0M | 50x | |
| SunX TRUMP-USDT | +0.001% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.001% | +0.0424% | 1h | $277K | $397K | 50x | as long as short |
| HTX TRUMP-USDT | +0.001% | +0.0100% | 4h | $499K | $1.6M | 50x | as long as short |