data as of
Settings8H · net · $10k
Price arb /

TRUMP

all TRUMP markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.234%
7d average−0.040%if it closes, per $10,000$23funding while held, a day+$2.40
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TRUMPUSD2.14000.0020pay 0.0003% / 1h23m 41s$1.0M$1.9M50x
ShortVariational Omni TRUMP2.13500.0100get 0.0050% / 4h1h 23m$590K$192K

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$23.39
Funding while held
$2.4
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$30.99
Spread needed to break even
0.100%
Slippage unknown: Kraken Futures: live order book, 1 min ago; Variational Omni: RFQ quote, 32 min ago. Net counts fees only.

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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 1 min ago2.34 bp14.4 bp −$1427.5 bp −$275doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 32 min ago5.05 bpdoesn't fit15.2 bp −$152doesn't fitdoesn't fit

TRUMP price on every exchange

against the cheapest. Click to use as the short leg.

TRUMP on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective TRUMP/USDC PERP−0.607%−0.1543%1h$12K$131K12xas long as short
Coinbase International TRUMP-PERP-INTX−0.513%+0.0408%1h$276K$369K50xas long as short
edgeX TRUMPUSDC−0.267%+0.0050%4h$116K$220K20xas long as short
Variational Omni TRUMPshort−0.234%+0.0100%4h$590K$192K
BloFin TRUMP-USDT−0.139%+0.0340%4h$4.2M$432K75xas long as short
Orderly PERP_TRUMP_USDC−0.046%+0.0099%4h$3K$249K10xas long as short
Aevo TRUMP-PERP−0.046%+0.0104%1h$19K3xas long as short
Reya TRUMPRUSDPERP−0.045%−0.0245%1h$510xas long as short
SoDEX TRUMP-USD−0.018%+0.0100%1h$84$6K5xas long as short
Kraken Futures PF_TRUMPUSDlong0.000%+0.0020%1h$1.0M$1.9M50x
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Deribit TRUMP_USDC-PERPETUAL+0.005%−0.0030%1h$391K$70K10xas long as short
GMX TRUMP/USD [ETH-USDC]+0.009%L +0.0229% / S −0.0264%1h$11K100xas long as short
gTrade (Gains Network) TRUMP/USD+0.018%L +0.0008% / S −0.0007%1h$40K150xas long as short
Extended TRUMP-USD+0.037%+0.0104%1h$54K$464K25xas long as short
dYdX TRUMP-USD+0.042%0.0000%1h$27K$3425xas long as short
Bybit TRUMPUSDT+0.048%+0.0100%4h$29.2M$35.7M50xas long as short
MEXC TRUMP_USDC+0.048%+0.0100%4h$415K$119K125xas long as short
Lighter TRUMP+0.052%−0.0008%1h$960K$606K10xas long as short
Paradex TRUMP-USD-PERP+0.067%+0.0078%8h$5K5xas long as short
Hyperliquid TRUMP+0.080%+0.0100%1h$11.1M$5.4M10xas long as short
Aster TRUMPUSDT+0.092%+0.0100%4h$222K$545K20xas long as short
OKX TRUMP-USDT-SWAP+0.094%+0.0100%4h$25.9M$128.2M50xas long as short
Gate TRUMP_USDT+0.094%+0.0100%4h$7.3M$35.5M75xas long as short
KuCoin TRUMPUSDTM+0.094%+0.0100%4h$4.3M$8.1M50xas long as short
SunX TRUMP-USDT+0.094%+0.0100%4h$2K$1.3M50xas long as short
HTX TRUMP-USDT+0.094%+0.0100%4h$465K$1.4M50xas long as short
Backpack TRUMP_USDC_PERP+0.099%+0.0229%1h$253K$247K10xas long as short
Binance TRUMPUSDT+0.100%+0.0100%4h$61.6M$179.6M75xas long as short
Pacifica TRUMP+0.139%+0.0100%1h$186K$74K10xas long as short
Bitget TRUMPUSDT+0.141%+0.0100%4h$15.0M$17.4M75xas long as short