Spread before costs (cost unknown: a leg has no order-book sample)+0.009%
7d average—if it closes, per $10,000$1funding while held, a day+$8.97
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TRUMP | 2.1457 | −0.0040 | get 0.0005% / 1h | 25m 29s | $960K | $580K | 10x |
| Short | GMX TRUMP/USD [ETH-USDC] | 2.1459 | L +0.0228% / S −0.0259% | get 0.0032% / 1h | 25m 29s | $11K | — | 100x |
Lighter TRUMP
GMX TRUMP/USD [ETH-USDC]Price 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
- $0.88
- Funding while held
- $8.97
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$2.16
- Spread needed to break even
- 0.120%
Slippage unknown: Lighter: live order book, 11 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0299%
- Per $10,000 a day
- +$8.97
- 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, 11 min ago | 1.63 bp | 4.3 bp −$4 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TRUMP price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1340cheapestedgeX2.1395+0.259%BloFin2.1420+0.375%Extended2.1435+0.447%Binance2.1440+0.469%Reya2.1446+0.499%Bybit2.1450+0.515%OKX2.1450+0.515%MEXC2.1450+0.515%Coinbase International2.1450+0.515%Paradex2.1451+0.522%
Injective
BloFin
Extended
Binance
Reya
Bybit
OKX
MEXC
Coinbase International
ParadexLighter2.1457+0.548%
GMX2.1459+0.557%
Gate2.1460+0.562%gTrade (Gains Network)2.1460+0.564%Pacifica2.1462+0.573%Variational Omni2.1466+0.591%KuCoin2.1470+0.609%Bitget2.1470+0.609%Hyperliquid2.1473+0.623%SoDEX2.1475+0.633%Aevo2.1475+0.633%dYdX2.1481+0.661%Aster2.1485+0.678%Orderly2.1490+0.703%Deribit2.1492+0.712%Backpack2.1497+0.736%Kraken Futures2.1498+0.741%SunX2.1500+0.750%HTX2.1500+0.750%
Gate
gTrade (Gains Network)
Pacifica
Variational Omni
KuCoin
Bitget
Hyperliquid
SoDEX
Aevo
dYdX
Aster
Orderly
Deribit
Backpack
Kraken Futures
SunX
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 | −0.545% | −0.1677% | 1h | $12K | $110K | 12x | as long as short |
| edgeX TRUMPUSDC | −0.287% | +0.0050% | 4h | $116K | $241K | 20x | as long as short |
| BloFin TRUMP-USDT | −0.172% | +0.0340% | 4h | $4.2M | $447K | 75x | as long as short |
| Extended TRUMP-USD | −0.101% | +0.0104% | 1h | $74K | $474K | 25x | as long as short |
| Binance TRUMPUSDT | −0.079% | +0.0100% | 4h | $61.6M | $205.4M | 75x | as long as short |
| Reya TRUMPRUSDPERP | −0.049% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.033% | +0.0100% | 4h | $29.8M | $40.3M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.033% | +0.0100% | 4h | $26.2M | $141.2M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.033% | +0.0100% | 4h | $489K | $132K | 125x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.033% | +0.0496% | 1h | $283K | $385K | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex TRUMP-USD-PERP | −0.026% | +0.0061% | 8h | $5K | — | 5x | as long as short |
| Lighter TRUMPlong | 0.000% | −0.0040% | 1h | $960K | $580K | 10x | |
| GMX TRUMP/USD [ETH-USDC]short | +0.009% | L +0.0228% / S −0.0259% | 1h | $11K | — | 100x | |
| Gate TRUMP_USDT | +0.014% | +0.0046% | 4h | $7.4M | $43.7M | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.016% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| Pacifica TRUMP | +0.025% | +0.0100% | 1h | $185K | $70K | 10x | as long as short |
| Variational Omni TRUMP | +0.043% | +0.0100% | 4h | $666K | $238K | — | as long as short |
| KuCoin TRUMPUSDTM | +0.061% | +0.0100% | 4h | $4.3M | $9.0M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.061% | +0.0100% | 4h | $15.0M | $19.7M | 75x | as long as short |
| Hyperliquid TRUMP | +0.075% | +0.0100% | 1h | $13.7M | $7.3M | 10x | as long as short |
| SoDEX TRUMP-USD | +0.084% | +0.0079% | 1h | $81 | $6K | 5x | as long as short |
| Aevo TRUMP-PERP | +0.084% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| dYdX TRUMP-USD | +0.112% | −0.0006% | 1h | $27K | $481 | 5x | as long as short |
| Aster TRUMPUSDT | +0.129% | +0.0100% | 4h | $425K | $847K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.154% | +0.0092% | 4h | $3K | $249K | 10x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.163% | 0.0000% | 1h | $403K | $77K | 10x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.186% | +0.0100% | 1h | $254K | $262K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.192% | −0.0155% | 1h | $1.0M | $2.0M | 50x | as long as short |
| SunX TRUMP-USDT | +0.200% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.200% | +0.0100% | 4h | $508K | $1.6M | 50x | as long as short |