After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.051%7d average−0.121%fees + slippage, in and out−$49spread needed0.493%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TRUMPUSD | 2.1541 | −0.0261 | get 0.0033% / 1h | 9m 58s | $1.0M | $2.1M | 50x |
| Short | MEXC TRUMP_USDC | 2.1530 | 0.0100 | get 0.0050% / 4h | 3h 09m | $491K | $136K | 125x |
Kraken Futures PF_TRUMPUSD
MEXC 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
- −$5.08
- Funding while held
- $10.83
- Slippage, 4 orders
- −$39.29
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$43.54
- Spread needed to break even
- 0.493%
Slippage from Kraken Futures: live order book, 5 min ago; MEXC: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0361%
- Per $10,000 a day
- +$10.83
- 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, 5 min ago | 4.65 bp | 17.8 bp −$18 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 17 min ago | 2.32 bp | 5.9 bp −$6 | 28.6 bp −$286 | 131.2 bp −$13.1K | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1430cheapestedgeX2.1480+0.232%Aevo2.1520+0.419%BloFin2.1520+0.420%Lighter2.1521+0.425%SoDEX2.1525+0.443%Reya2.1527+0.454%Extended2.1528+0.455%Paradex2.1528+0.457%Bybit2.1530+0.467%OKX2.1530+0.467%Gate2.1530+0.467%
Injective
Aevo
BloFin
Lighter
SoDEX
Reya
Extended
Paradex
Bybit
OKX
GateMEXC2.1530+0.467%
KuCoin2.1530+0.467%Orderly2.1530+0.467%Binance2.1532+0.476%Aster2.1532+0.478%Pacifica2.1535+0.489%Deribit2.1536+0.495%Bitget2.1540+0.513%
KuCoin
Orderly
Binance
Aster
Pacifica
Deribit
BitgetKraken Futures2.1541+0.518%
dYdX2.1542+0.523%GMX2.1542+0.523%gTrade (Gains Network)2.1543+0.528%Variational Omni2.1547+0.546%SunX2.1550+0.560%Coinbase International2.1550+0.560%HTX2.1550+0.560%Hyperliquid2.1559+0.602%Backpack2.1560+0.607%
dYdX
GMX
gTrade (Gains Network)
Variational Omni
SunX
Coinbase International
HTX
Hyperliquid
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 | −0.515% | −0.1508% | 1h | $12K | $151K | 12x | as long as short |
| edgeX TRUMPUSDC | −0.284% | +0.0050% | 4h | $117K | $241K | 20x | as long as short |
| Aevo TRUMP-PERP | −0.098% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| BloFin TRUMP-USDT | −0.097% | +0.0340% | 4h | $4.2M | $459K | 75x | as long as short |
| Lighter TRUMP | −0.093% | +0.0096% | 1h | $964K | $583K | 10x | as long as short |
| SoDEX TRUMP-USD | −0.074% | +0.0100% | 1h | $83 | $6K | 5x | as long as short |
| Reya TRUMPRUSDPERP | −0.064% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Extended TRUMP-USD | −0.062% | +0.0104% | 1h | $74K | $481K | 25x | as long as short |
| Paradex TRUMP-USD-PERP | −0.061% | +0.0083% | 8h | $5K | — | 5x | as long as short |
| Bybit TRUMPUSDT | −0.051% | +0.0100% | 4h | $29.9M | $40.8M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRUMP-USDT-SWAP | −0.051% | +0.0100% | 4h | $26.4M | $146.5M | 50x | as long as short |
| Gate TRUMP_USDT | −0.051% | +0.0100% | 4h | $7.4M | $44.4M | 75x | as long as short |
| MEXC TRUMP_USDCshort | −0.051% | +0.0100% | 4h | $491K | $136K | 125x | |
| KuCoin TRUMPUSDTM | −0.051% | +0.0100% | 4h | $4.3M | $9.0M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.051% | +0.0092% | 4h | $3K | $249K | 10x | as long as short |
| Binance TRUMPUSDT | −0.041% | +0.0100% | 4h | $61.5M | $207.8M | 75x | as long as short |
| Aster TRUMPUSDT | −0.039% | +0.0100% | 4h | $427K | $877K | 20x | as long as short |
| Pacifica TRUMP | −0.028% | +0.0100% | 1h | $186K | $71K | 10x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.023% | 0.0000% | 1h | $404K | $77K | 10x | as long as short |
| Bitget TRUMPUSDT | −0.004% | +0.0100% | 4h | $15.1M | $20.0M | 75x | as long as short |
| Kraken Futures PF_TRUMPUSDlong | 0.000% | −0.0261% | 1h | $1.0M | $2.1M | 50x | |
| dYdX TRUMP-USD | +0.006% | 0.0000% | 1h | $27K | $481 | 5x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.006% | L +0.0229% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.010% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| Variational Omni TRUMP | +0.028% | +0.0100% | 4h | $669K | $241K | — | as long as short |
| SunX TRUMP-USDT | +0.042% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.042% | +0.0376% | 1h | $285K | $392K | 50x | as long as short |
| HTX TRUMP-USDT | +0.042% | +0.0100% | 4h | $480K | $1.6M | 50x | as long as short |
| Hyperliquid TRUMP | +0.084% | +0.0193% | 1h | $13.8M | $7.4M | 10x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.088% | +0.0260% | 1h | $258K | $268K | 10x | as long as short |