Spread before costs (cost unknown: a leg has no order-book sample)+0.042%
7d average—if it closes, per $10,000$4funding while held, a day−$2.77
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TRUMP_USDC | 2.1660 | 0.0092 | pay 0.0046% / 4h | 3h 36m | $3K | $249K | 10x |
| Short | dYdX TRUMP-USD | 2.1669 | 0 | get 0.0000% / 1h | 36m 25s | $27K | $478 | 5x |
Orderly PERP_TRUMP_USDC
dYdX TRUMP-USDPrice 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
- $4.22
- Funding while held
- −$2.77
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$14.55
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0092%
- Per $10,000 a day
- −$2.77
- 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 dYdX no order-book sample | — | — | — | — | — |
Orderly and dYdX: 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.Injective2.1580cheapestReya2.1644+0.298%Binance2.1649+0.321%Bybit2.1650+0.324%OKX2.1650+0.324%HTX2.1650+0.324%BloFin2.1650+0.324%Extended2.1657+0.359%Lighter2.1659+0.366%Gate2.1660+0.371%Bitget2.1660+0.371%
Injective
Reya
Binance
Bybit
OKX
HTX
BloFin
Extended
Lighter
Gate
BitgetOrderly2.1660+0.371%
Aevo2.1660+0.371%Aster2.1662+0.380%Deribit2.1664+0.389%SoDEX2.1665+0.394%
Aevo
Aster
Deribit
SoDEXdYdX2.1669+0.413%
MEXC2.1670+0.417%KuCoin2.1670+0.417%SunX2.1670+0.417%gTrade (Gains Network)2.1671+0.422%GMX2.1674+0.436%Paradex2.1675+0.438%Hyperliquid2.1677+0.449%Pacifica2.1678+0.453%Kraken Futures2.1683+0.479%Backpack2.1689+0.505%edgeX2.1734+0.715%Variational Omni2.1755+0.809%Coinbase International2.1950+1.715%
MEXC
KuCoin
SunX
gTrade (Gains Network)
GMX
Paradex
Hyperliquid
Pacifica
Kraken Futures
Backpack
Variational Omni
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 | −0.369% | −0.1508% | 1h | $13K | $151K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.073% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.050% | +0.0100% | 4h | $62.8M | $205.6M | 75x | as long as short |
| Bybit TRUMPUSDT | −0.046% | +0.0100% | 4h | $29.9M | $40.8M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.046% | +0.0100% | 4h | $26.6M | $147.8M | 50x | as long as short |
| HTX TRUMP-USDT | −0.046% | +0.0100% | 4h | $473K | $1.7M | 50x | as long as short |
| BloFin TRUMP-USDT | −0.046% | +0.0340% | 4h | $4.3M | $467K | 75x | as long as short |
| Extended TRUMP-USD | −0.012% | +0.0104% | 1h | $75K | $482K | 25x | as long as short |
| Lighter TRUMP | −0.005% | +0.0096% | 1h | $968K | $580K | 10x | as long as short |
| Gate TRUMP_USDT | 0.000% | +0.0100% | 4h | $7.5M | $42.5M | 75x | as long as short |