After costs, if the gap returns to its 7d average, $10k−$73
spread now−0.017%7d average−0.049%fees + slippage, in and out−$76spread needed0.760%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TRUMPUSD | 2.1414 | 0.0020 | pay 0.0002% / 1h | 25m 36s | $1.0M | $1.9M | 50x |
| Short | Pacifica TRUMP | 2.1410 | 0.0100 | get 0.0013% / 1h | 25m 36s | $186K | $74K | 10x |
Kraken Futures PF_TRUMPUSD
Pacifica TRUMPPrice 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
- −$1.67
- Funding while held
- $2.4
- Slippage, 4 orders
- −$57.97
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$75.24
- Spread needed to break even
- 0.760%
Slippage from Kraken Futures: live order book, 4 min ago; Pacifica: live order book, 29 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0080%
- Per $10,000 a day
- +$2.40
- 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, 4 min ago | 2.34 bp | 16.4 bp −$16 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 29 min ago | 7.32 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International2.1290cheapestInjective2.1300+0.047%edgeX2.1343+0.248%Variational Omni2.1350+0.281%Reya2.1370+0.375%BloFin2.1370+0.376%Extended2.1377+0.411%Aevo2.1378+0.415%Orderly2.1380+0.423%Paradex2.1387+0.456%GMX2.1389+0.466%Lighter2.1390+0.470%Gate2.1390+0.470%MEXC2.1390+0.470%Binance2.1391+0.477%gTrade (Gains Network)2.1393+0.482%Aster2.1394+0.491%Deribit2.1399+0.512%Bybit2.1400+0.517%OKX2.1400+0.517%Bitget2.1400+0.517%SunX2.1400+0.517%HTX2.1400+0.517%Hyperliquid2.1402+0.526%SoDEX2.1405+0.540%dYdX2.1409+0.558%KuCoin2.1410+0.564%
Coinbase International
Injective
Variational Omni
Reya
BloFin
Extended
Aevo
Orderly
Paradex
GMX
Lighter
Gate
MEXC
Binance
gTrade (Gains Network)
Aster
Deribit
Bybit
OKX
Bitget
SunX
HTX
Hyperliquid
SoDEX
dYdX
KuCoinPacifica2.1410+0.565%
Kraken Futures2.1414+0.582%
Backpack2.1426+0.639%
BackpackTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International TRUMP-PERP-INTX | −0.579% | +0.0408% | 1h | $276K | $369K | 50x | as long as short |
| Injective TRUMP/USDC PERP | −0.532% | −0.1543% | 1h | $12K | $131K | 12x | as long as short |
| edgeX TRUMPUSDC | −0.332% | +0.0050% | 4h | $116K | $220K | 20x | as long as short |
| Variational Omni TRUMP | −0.300% | +0.0100% | 4h | $590K | $192K | — | as long as short |
| Reya TRUMPRUSDPERP | −0.206% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| BloFin TRUMP-USDT | −0.205% | +0.0340% | 4h | $4.1M | $435K | 75x | as long as short |
| Extended TRUMP-USD | −0.170% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| Aevo TRUMP-PERP | −0.166% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.158% | +0.0099% | 4h | $3K | $249K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | −0.125% | +0.0078% | 8h | $5K | — | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX TRUMP/USD [ETH-USDC] | −0.115% | L +0.0229% / S −0.0264% | 1h | $11K | — | 100x | as long as short |
| Lighter TRUMP | −0.112% | 0.0000% | 1h | $959K | $606K | 10x | as long as short |
| Gate TRUMP_USDT | −0.112% | +0.0100% | 4h | $7.3M | $35.5M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.112% | +0.0100% | 4h | $415K | $119K | 125x | as long as short |
| Binance TRUMPUSDT | −0.105% | +0.0100% | 4h | $61.5M | $179.7M | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.099% | L +0.0008% / S −0.0007% | 1h | $40K | — | 150x | as long as short |
| Aster TRUMPUSDT | −0.091% | +0.0100% | 4h | $221K | $545K | 20x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.070% | 0.0000% | 1h | $391K | $70K | 10x | as long as short |
| Bybit TRUMPUSDT | −0.065% | +0.0100% | 4h | $29.2M | $35.6M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.065% | +0.0100% | 4h | $25.9M | $128.1M | 50x | as long as short |
| Bitget TRUMPUSDT | −0.065% | +0.0100% | 4h | $15.0M | $17.4M | 75x | as long as short |
| SunX TRUMP-USDT | −0.065% | +0.0100% | 4h | $2K | $1.3M | 50x | as long as short |
| HTX TRUMP-USDT | −0.065% | +0.0100% | 4h | $465K | $1.4M | 50x | as long as short |
| Hyperliquid TRUMP | −0.056% | +0.0100% | 1h | $11.1M | $5.4M | 10x | as long as short |
| SoDEX TRUMP-USD | −0.042% | +0.0100% | 1h | $84 | $6K | 5x | as long as short |
| dYdX TRUMP-USD | −0.024% | 0.0000% | 1h | $27K | $342 | 5x | as long as short |
| KuCoin TRUMPUSDTM | −0.018% | +0.0100% | 4h | $4.3M | $8.0M | 50x | as long as short |
| Pacifica TRUMPshort | −0.017% | +0.0100% | 1h | $186K | $74K | 10x | |
| Kraken Futures PF_TRUMPUSDlong | 0.000% | +0.0020% | 1h | $1.0M | $1.9M | 50x | |
| Backpack TRUMP_USDC_PERP | +0.056% | +0.0220% | 1h | $253K | $247K | 10x | as long as short |