Spread before costs (cost unknown: a leg has no order-book sample)−0.070%
7d average—if it closes, per $10,000$7funding while held, a day+$0.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TRUMP_USDC | 2.1510 | 0.0093 | pay 0.0046% / 4h | 23m 34s | $3K | $249K | 10x |
| Short | SoDEX TRUMP-USD | 2.1495 | 0.0100 | get 0.0013% / 1h | 23m 34s | $77 | $6K | 5x |
Orderly PERP_TRUMP_USDC
SoDEX 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
- −$6.97
- Funding while held
- $0.22
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$20.75
- Spread needed to break even
- 0.140%
Slippage unknown: Orderly: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0007%
- Per $10,000 a day
- +$0.22
- 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 SoDEX no order-book sample | — | — | — | — | — |
Orderly and SoDEX: 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.Injective2.1370cheapestedgeX2.1425+0.255%Coinbase International2.1430+0.281%Variational Omni2.1463+0.436%Lighter2.1494+0.580%Aevo2.1495+0.585%
Injective
Coinbase International
Variational Omni
Lighter
AevoSoDEX2.1495+0.585%
Hyperliquid2.1501+0.613%Reya2.1503+0.621%Kraken Futures2.1506+0.635%KuCoin2.1510+0.655%
Hyperliquid
Reya
Kraken Futures
KuCoinOrderly2.1510+0.655%
Backpack2.1511+0.660%Deribit2.1511+0.660%GMX2.1514+0.673%Aster2.1514+0.675%gTrade (Gains Network)2.1517+0.687%Pacifica2.1519+0.695%Gate2.1520+0.702%HTX2.1520+0.702%dYdX2.1528+0.741%Binance2.1530+0.749%Bybit2.1530+0.749%MEXC2.1530+0.749%Extended2.1532+0.759%Paradex2.1536+0.777%OKX2.1540+0.796%Bitget2.1540+0.796%SunX2.1540+0.796%BloFin2.1550+0.842%
Backpack
Deribit
GMX
Aster
gTrade (Gains Network)
Pacifica
Gate
HTX
dYdX
Binance
Bybit
MEXC
Extended
Paradex
OKX
Bitget
SunX
BloFinTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.651% | −0.1587% | 1h | $12K | $174K | 12x | as long as short |
| edgeX TRUMPUSDC | −0.397% | +0.0050% | 4h | $117K | $241K | 20x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.372% | +0.0336% | 1h | $285K | $388K | 50x | as long as short |
| Variational Omni TRUMP | −0.218% | +0.0100% | 4h | $597K | $166K | — | as long as short |
| Lighter TRUMP | −0.074% | −0.0016% | 1h | $962K | $622K | 10x | as long as short |
| Aevo TRUMP-PERP | −0.070% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| SoDEX TRUMP-USDshort | −0.070% | +0.0100% | 1h | $77 | $6K | 5x | |
| Hyperliquid TRUMP | −0.042% | +0.0100% | 1h | $11.2M | $5.5M | 10x | as long as short |
| Reya TRUMPRUSDPERP | −0.034% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.020% | −0.0467% | 1h | $1.0M | $2.0M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin TRUMPUSDTM | 0.000% | +0.0100% | 4h | $4.3M | $8.5M | 50x | as long as short |
| Orderly PERP_TRUMP_USDClong | 0.000% | +0.0093% | 4h | $3K | $249K | 10x | |
| Backpack TRUMP_USDC_PERP | +0.005% | +0.0171% | 1h | $258K | $267K | 10x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.005% | 0.0000% | 1h | $393K | $73K | 10x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.017% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| Aster TRUMPUSDT | +0.020% | +0.0100% | 4h | $432K | $882K | 20x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.032% | L +0.0008% / S −0.0007% | 1h | $41K | — | 150x | as long as short |
| Pacifica TRUMP | +0.040% | +0.0100% | 1h | $187K | $73K | 10x | as long as short |
| Gate TRUMP_USDT | +0.046% | +0.0100% | 4h | $7.3M | $40.7M | 75x | as long as short |
| HTX TRUMP-USDT | +0.046% | +0.0100% | 4h | $468K | $1.6M | 50x | as long as short |
| dYdX TRUMP-USD | +0.085% | 0.0000% | 1h | $27K | $572 | 5x | as long as short |
| Binance TRUMPUSDT | +0.093% | +0.0100% | 4h | $61.9M | $193.8M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.093% | +0.0100% | 4h | $29.5M | $38.1M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.093% | +0.0100% | 4h | $454K | $125K | 125x | as long as short |
| Extended TRUMP-USD | +0.103% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| Paradex TRUMP-USD-PERP | +0.121% | +0.0055% | 8h | $5K | — | 5x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.139% | +0.0100% | 4h | $25.9M | $138.9M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.139% | +0.0100% | 4h | $15.0M | $18.8M | 75x | as long as short |
| SunX TRUMP-USDT | +0.139% | +0.0100% | 4h | $2K | $1.4M | 50x | as long as short |
| BloFin TRUMP-USDT | +0.186% | +0.0340% | 4h | $4.3M | $462K | 75x | as long as short |