Spread before costs (cost unknown: a leg has no order-book sample)−0.046%
7d average+0.011%if it closes, per $10,000$5funding while held, a day+$0.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TRUMP_USDC | 2.1530 | 0.0095 | pay 0.0047% / 4h | 1h 12m | $3K | $249K | 10x |
| Short | Bitget TRUMPUSDT | 2.1520 | 0.0100 | get 0.0050% / 4h | 1h 12m | $15.2M | $19.7M | 75x |
Orderly PERP_TRUMP_USDC
Bitget 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
- −$4.64
- Funding while held
- $0.16
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$22.49
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0005%
- Per $10,000 a day
- +$0.16
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 2.33 bp | 12.7 bp −$13 | 16.1 bp −$161 | 39.2 bp −$3,920 | doesn't fit |
Orderly: 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.Injective2.1420cheapestBybit2.1500+0.373%OKX2.1500+0.373%MEXC2.1500+0.373%Variational Omni2.1506+0.400%Binance2.1507+0.407%Extended2.1510+0.418%Aevo2.1510+0.418%Gate2.1510+0.420%Lighter2.1514+0.439%SoDEX2.1515+0.444%edgeX2.1517+0.452%
Injective
Bybit
OKX
MEXC
Variational Omni
Binance
Extended
Aevo
Gate
Lighter
SoDEXBitget2.1520+0.467%
Coinbase International2.1520+0.467%BloFin2.1520+0.467%Paradex2.1525+0.489%Aster2.1528+0.504%Pacifica2.1528+0.506%dYdX2.1529+0.509%KuCoin2.1530+0.514%
Coinbase International
BloFin
Paradex
Aster
Pacifica
dYdX
KuCoinOrderly2.1530+0.514%
Deribit2.1531+0.518%Reya2.1536+0.540%GMX2.1540+0.558%gTrade (Gains Network)2.1540+0.559%Kraken Futures2.1543+0.576%Hyperliquid2.1549+0.602%HTX2.1550+0.607%Backpack2.1554+0.626%SunX2.1560+0.654%
Deribit
Reya
GMX
gTrade (Gains Network)
Kraken Futures
Hyperliquid
HTX
Backpack
SunXTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.511% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| Bybit TRUMPUSDT | −0.139% | +0.0100% | 4h | $30.0M | $40.7M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.139% | +0.0100% | 4h | $26.6M | $143.1M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.139% | +0.0060% | 4h | $475K | $134K | 125x | as long as short |
| Variational Omni TRUMP | −0.113% | +0.0100% | 4h | $669K | $230K | — | as long as short |
| Binance TRUMPUSDT | −0.106% | +0.0100% | 4h | $61.5M | $207.7M | 75x | as long as short |
| Extended TRUMP-USD | −0.095% | +0.0104% | 1h | $74K | $472K | 25x | as long as short |
| Aevo TRUMP-PERP | −0.095% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Gate TRUMP_USDT | −0.093% | +0.0050% | 4h | $7.4M | $44.2M | 75x | as long as short |
| Lighter TRUMP | −0.074% | −0.0312% | 1h | $962K | $583K | 10x | as long as short |