Spread before costs (cost unknown: a leg has no order-book sample)−0.069%
7d average—if it closes, per $10,000$7funding while held, a day+$1.31
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex TRUMP-USD-PERP | 2.1415 | 0.0056 | pay 0.0056% / 8h | 5h 51m | $5K | — | 5x |
| Short | Aster TRUMPUSDT | 2.1401 | 0.0100 | get 0.0050% / 4h | 1h 51m | $420K | $850K | 20x |
Paradex TRUMP-USD-PERP
Aster 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
- −$6.93
- Funding while held
- $1.31
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$17.63
- Spread needed to break even
- 0.120%
Slippage unknown: Paradex: no order-book sample; Aster: live order book, 48 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0044%
- Per $10,000 a day
- +$1.31
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 48 min ago | 2.33 bp | 7.8 bp −$8 | 21.8 bp −$218 | doesn't fit | doesn't fit |
Paradex: 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.Variational Omni2.1286cheapestCoinbase International2.1310+0.111%Injective2.1340+0.252%Extended2.1380+0.438%Binance2.1380+0.440%Bybit2.1380+0.440%OKX2.1380+0.440%MEXC2.1380+0.440%KuCoin2.1380+0.440%Lighter2.1382+0.449%Gate2.1390+0.487%Bitget2.1390+0.487%Orderly2.1390+0.487%Aevo2.1390+0.487%BloFin2.1390+0.487%Deribit2.1394+0.506%SoDEX2.1395+0.510%Reya2.1396+0.514%gTrade (Gains Network)2.1400+0.534%
Variational Omni
Coinbase International
Injective
Extended
Binance
Bybit
OKX
MEXC
KuCoin
Lighter
Gate
Bitget
Orderly
Aevo
BloFin
Deribit
SoDEX
Reya
gTrade (Gains Network)Aster2.1401+0.536%
GMX2.1403+0.546%Backpack2.1407+0.567%Hyperliquid2.1408+0.571%Kraken Futures2.1409+0.574%
GMX
Backpack
Hyperliquid
Kraken FuturesParadex2.1415+0.606%
Pacifica2.1416+0.609%edgeX2.1421+0.632%dYdX2.1433+0.689%SunX2.1440+0.722%HTX2.1440+0.722%
Pacifica
dYdX
SunX
HTXTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni TRUMP | −0.602% | +0.0100% | 4h | $662K | $230K | — | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.492% | +0.0424% | 1h | $274K | $392K | 50x | as long as short |
| Injective TRUMP/USDC PERP | −0.352% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| Extended TRUMP-USD | −0.167% | +0.0104% | 1h | $73K | $472K | 25x | as long as short |
| Binance TRUMPUSDT | −0.165% | +0.0100% | 4h | $61.3M | $207.5M | 75x | as long as short |
| Bybit TRUMPUSDT | −0.165% | +0.0100% | 4h | $29.6M | $40.4M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.165% | +0.0100% | 4h | $26.4M | $142.0M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.165% | +0.0100% | 4h | $472K | $132K | 125x | as long as short |
| KuCoin TRUMPUSDTM | −0.165% | +0.0100% | 4h | $4.2M | $9.1M | 50x | as long as short |
| Lighter TRUMP | −0.156% | −0.0280% | 1h | $957K | $578K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.118% | +0.0020% | 4h | $7.3M | $43.9M | 75x | as long as short |
| Bitget TRUMPUSDT | −0.118% | +0.0100% | 4h | $15.1M | $19.6M | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.118% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| Aevo TRUMP-PERP | −0.118% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| BloFin TRUMP-USDT | −0.118% | +0.0340% | 4h | $4.2M | $446K | 75x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.100% | 0.0000% | 1h | $401K | $77K | 10x | as long as short |
| SoDEX TRUMP-USD | −0.095% | +0.0024% | 1h | $81 | $6K | 5x | as long as short |
| Reya TRUMPRUSDPERP | −0.091% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.072% | L +0.0008% / S −0.0007% | 1h | $54K | — | 150x | as long as short |
| Aster TRUMPUSDTshort | −0.069% | +0.0100% | 4h | $420K | $850K | 20x | |
| GMX TRUMP/USD [ETH-USDC] | −0.059% | L +0.0228% / S −0.0259% | 1h | $11K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | −0.039% | +0.0299% | 1h | $253K | $264K | 10x | as long as short |
| Hyperliquid TRUMP | −0.034% | +0.0100% | 1h | $13.6M | $7.3M | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.031% | −0.0358% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Paradex TRUMP-USD-PERPlong | 0.000% | +0.0056% | 8h | $5K | — | 5x | |
| Pacifica TRUMP | +0.003% | +0.0100% | 1h | $185K | $70K | 10x | as long as short |
| edgeX TRUMPUSDC | +0.026% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |
| dYdX TRUMP-USD | +0.082% | 0.0000% | 1h | $27K | $485 | 5x | as long as short |
| SunX TRUMP-USDT | +0.115% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.115% | +0.0100% | 4h | $494K | $1.6M | 50x | as long as short |