Spread before costs (cost unknown: a leg has no order-book sample)−0.020%
7d average—if it closes, per $10,000$2funding while held, a day−$10.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TRUMP_USDC | 2.1560 | 0.0096 | pay 0.0048% / 4h | 1h 07m | $3K | $249K | 10x |
| Short | Reya TRUMPRUSDPERP | 2.1556 | −0.0245 | pay 0.0031% / 1h | 7m 44s | $5 | — | 10x |
Orderly PERP_TRUMP_USDC
Reya TRUMPRUSDPERPPrice 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
- −$1.97
- Funding while held
- −$10.22
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$24.18
- Spread needed to break even
- 0.120%
Slippage unknown: Orderly: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0341%
- Per $10,000 a day
- −$10.22
- 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 Reya no order-book sample | — | — | — | — | — |
Orderly and Reya: 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.Injective2.1420cheapestVariational Omni2.1486+0.308%edgeX2.1503+0.388%Aevo2.1550+0.607%Paradex2.1551+0.614%Lighter2.1554+0.626%Pacifica2.1555+0.629%
Injective
Variational Omni
Aevo
Paradex
Lighter
PacificaReya2.1556+0.634%
Bybit2.1560+0.654%MEXC2.1560+0.654%
Bybit
MEXCOrderly2.1560+0.654%
BloFin2.1560+0.654%Extended2.1564+0.674%gTrade (Gains Network)2.1565+0.676%SoDEX2.1565+0.677%GMX2.1565+0.677%Binance2.1566+0.682%Deribit2.1569+0.696%OKX2.1570+0.700%Gate2.1570+0.700%Coinbase International2.1570+0.700%HTX2.1570+0.700%dYdX2.1571+0.703%Aster2.1573+0.714%KuCoin2.1580+0.747%Bitget2.1580+0.747%SunX2.1580+0.747%Kraken Futures2.1589+0.787%Hyperliquid2.1592+0.803%Backpack2.1592+0.803%
BloFin
Extended
gTrade (Gains Network)
SoDEX
GMX
Binance
Deribit
OKX
Gate
Coinbase International
HTX
dYdX
Aster
KuCoin
Bitget
SunX
Kraken Futures
Hyperliquid
BackpackTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.649% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| Variational Omni TRUMP | −0.343% | +0.0100% | 4h | $669K | $230K | — | as long as short |
| edgeX TRUMPUSDC | −0.264% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |
| Aevo TRUMP-PERP | −0.046% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Paradex TRUMP-USD-PERP | −0.040% | +0.0052% | 8h | $5K | — | 5x | as long as short |
| Lighter TRUMP | −0.028% | −0.0296% | 1h | $964K | $583K | 10x | as long as short |
| Pacifica TRUMP | −0.024% | +0.0100% | 1h | $186K | $70K | 10x | as long as short |
| Reya TRUMPRUSDPERPshort | −0.020% | −0.0245% | 1h | $5 | — | 10x | |
| Bybit TRUMPUSDT | 0.000% | +0.0100% | 4h | $30.1M | $40.6M | 50x | as long as short |
| MEXC TRUMP_USDC | 0.000% | +0.0054% | 4h | $476K | $135K | 125x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_TRUMP_USDClong | 0.000% | +0.0096% | 4h | $3K | $249K | 10x | |
| BloFin TRUMP-USDT | 0.000% | +0.0340% | 4h | $4.2M | $469K | 75x | as long as short |
| Extended TRUMP-USD | +0.020% | +0.0104% | 1h | $74K | $472K | 25x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.022% | L +0.0008% / S −0.0007% | 1h | $41K | — | 150x | as long as short |
| SoDEX TRUMP-USD | +0.023% | −0.0064% | 1h | $81 | $6K | 5x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.024% | L +0.0228% / S −0.0259% | 1h | $11K | — | 100x | as long as short |
| Binance TRUMPUSDT | +0.028% | +0.0100% | 4h | $61.7M | $207.3M | 75x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.042% | 0.0000% | 1h | $404K | $76K | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.046% | +0.0100% | 4h | $26.7M | $143.2M | 50x | as long as short |
| Gate TRUMP_USDT | +0.046% | +0.0042% | 4h | $7.4M | $44.3M | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.046% | +0.0424% | 1h | $277K | $397K | 50x | as long as short |
| HTX TRUMP-USDT | +0.046% | +0.0100% | 4h | $499K | $1.6M | 50x | as long as short |
| dYdX TRUMP-USD | +0.049% | −0.0021% | 1h | $27K | $485 | 5x | as long as short |
| Aster TRUMPUSDT | +0.060% | +0.0100% | 4h | $423K | $840K | 20x | as long as short |
| KuCoin TRUMPUSDTM | +0.093% | +0.0100% | 4h | $4.4M | $9.3M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.093% | +0.0100% | 4h | $15.3M | $19.6M | 75x | as long as short |
| SunX TRUMP-USDT | +0.093% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.132% | −0.0355% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Hyperliquid TRUMP | +0.148% | +0.0100% | 1h | $13.7M | $7.2M | 10x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.148% | +0.0299% | 1h | $255K | $266K | 10x | as long as short |