After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.009%7d average−0.003%fees + slippage, in and out−$30spread needed0.299%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TRUMP | 2.1722 | 0.0096 | pay 0.0012% / 1h | 40m 05s | $971K | $580K | 10x |
| Short | Bybit TRUMPUSDT | 2.1720 | 0.0100 | get 0.0050% / 4h | 3h 40m | $30.0M | $40.8M | 50x |
Lighter TRUMP
Bybit TRUMPUSDTPrice 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
- −$0.92
- Funding while held
- $0.12
- Slippage, 4 orders
- −$18.89
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.69
- Spread needed to break even
- 0.299%
Slippage from Lighter: live order book, 2 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Lighter live order book, 2 min ago | 2.30 bp | 3.6 bp −$4 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.30 bp | 11.3 bp −$11 | 17.7 bp −$177 | 134.8 bp −$13.5K | doesn't fit |
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1660cheapestReya2.1704+0.203%BloFin2.1710+0.231%GMX2.1716+0.258%Paradex2.1720+0.276%
Injective
Reya
BloFin
GMX
ParadexBybit2.1720+0.277%
OKX2.1720+0.277%gTrade (Gains Network)2.1720+0.277%
OKX
gTrade (Gains Network)Lighter2.1722+0.286%
SoDEX2.1725+0.300%Pacifica2.1725+0.301%Aevo2.1726+0.303%dYdX2.1729+0.318%Gate2.1730+0.323%MEXC2.1730+0.323%Binance2.1730+0.325%Extended2.1733+0.335%Deribit2.1733+0.337%Aster2.1738+0.358%KuCoin2.1740+0.369%Bitget2.1740+0.369%Orderly2.1740+0.369%Backpack2.1747+0.402%Kraken Futures2.1749+0.409%SunX2.1750+0.416%Variational Omni2.1755+0.437%HTX2.1760+0.462%Hyperliquid2.1762+0.471%edgeX2.1835+0.807%Coinbase International2.1950+1.339%
SoDEX
Pacifica
Aevo
dYdX
Gate
MEXC
Binance
Extended
Deribit
Aster
KuCoin
Bitget
Orderly
Backpack
Kraken Futures
SunX
Variational Omni
HTX
Hyperliquid
Coinbase InternationalTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.285% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.083% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| BloFin TRUMP-USDT | −0.055% | +0.0340% | 4h | $4.3M | $468K | 75x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.028% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| Paradex TRUMP-USD-PERP | −0.010% | +0.0074% | 8h | $5K | — | 5x | as long as short |
| Bybit TRUMPUSDTshort | −0.009% | +0.0100% | 4h | $30.0M | $40.8M | 50x | |
| OKX TRUMP-USDT-SWAP | −0.009% | +0.0100% | 4h | $26.7M | $148.2M | 50x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.009% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| Lighter TRUMPlong | 0.000% | +0.0096% | 1h | $971K | $580K | 10x | |
| SoDEX TRUMP-USD | +0.014% | +0.0100% | 1h | $88 | $6K | 5x | as long as short |