After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.196%7d average+0.148%fees + slippage, in and out−$28spread needed0.277%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TRUMP_USDC | 2.1400 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $472K | $132K | 125x |
| Short | Backpack TRUMP_USDC_PERP | 2.1442 | 0.0278 | get 0.0035% / 1h | 53m 56s | $253K | $266K | 10x |
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
- $19.63
- Funding while held
- $5.34
- Slippage, 4 orders
- −$17.65
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$2.69
- Spread needed to break even
- 0.277%
Slippage from MEXC: live order book, 28 min ago; Backpack: live order book, 46 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0178%
- Per $10,000 a day
- +$5.34
- 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 MEXC live order book, 28 min ago | 2.33 bp | 7.9 bp −$8 | 23.8 bp −$238 | 140.5 bp −$14.0K | doesn't fit |
| Sell Backpack live order book, 46 min ago | 0.23 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.794% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| Variational Omni TRUMP | −0.531% | +0.0100% | 4h | $662K | $230K | — | as long as short |
| edgeX TRUMPUSDC | −0.458% | +0.0050% | 4h | $116K | $242K | 20x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.421% | +0.0424% | 1h | $274K | $392K | 50x | as long as short |
| BloFin TRUMP-USDT | −0.187% | +0.0340% | 4h | $4.2M | $447K | 75x | as long as short |
| MEXC TRUMP_USDClong | 0.000% | +0.0100% | 4h | $472K | $132K | 125x | |
| Pacifica TRUMP | +0.035% | +0.0100% | 1h | $184K | $70K | 10x | as long as short |
| Lighter TRUMP | +0.047% | −0.0296% | 1h | $958K | $578K | 10x | as long as short |
| Gate TRUMP_USDT | +0.047% | +0.0004% | 4h | $7.4M | $43.9M | 75x | as long as short |
| Binance TRUMPUSDT | +0.052% | +0.0100% | 4h | $61.3M | $207.5M | 75x | as long as short |
MEXC TRUMP_USDC
Backpack TRUMP_USDC_PERP
Injective
Variational Omni
Coinbase International
BloFin
Pacifica
Lighter
Gate
Binance
Extended
SoDEX
Bybit
OKX
KuCoin
Bitget
Paradex
gTrade (Gains Network)
Aster
GMX
Kraken Futures
Deribit
Hyperliquid
SunX
HTX