Spread before costs (cost unknown: a leg has no order-book sample)−0.003%
7d average—if it closes, per $10,000$0funding while held, a day−$1.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex TRUMP-USD-PERP | 2.1421 | 0.0058 | pay 0.0058% / 8h | 5h 49m | $5K | — | 5x |
| Short | Gate TRUMP_USDT | 2.1420 | 0.0016 | get 0.0008% / 4h | 1h 49m | $7.4M | $44.0M | 75x |
Paradex TRUMP-USD-PERP
Gate TRUMP_USDTPrice 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
- −$0.25
- Funding while held
- −$1.26
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$20.51
- Spread needed to break even
- 0.190%
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0042%
- Per $10,000 a day
- −$1.26
- 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 Gate live order book, 1 min ago | 2.33 bp | 11.8 bp −$12 | 32.1 bp −$321 | 75.4 bp −$7,538 | 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.Injective2.1310cheapestCoinbase International2.1310cheapestLighter2.1414+0.488%Extended2.1415+0.491%Aevo2.1415+0.493%Variational Omni2.1416+0.495%Reya2.1418+0.507%Pacifica2.1418+0.509%Binance2.1419+0.512%Bybit2.1420+0.516%OKX2.1420+0.516%
Injective
Coinbase International
Lighter
Extended
Aevo
Variational Omni
Reya
Pacifica
Binance
Bybit
OKXGate2.1420+0.516%
MEXC2.1420+0.516%Orderly2.1420+0.516%
MEXC
OrderlyParadex2.1421+0.519%
edgeX2.1421+0.520%SoDEX2.1425+0.540%Aster2.1430+0.563%KuCoin2.1430+0.563%Bitget2.1430+0.563%BloFin2.1430+0.563%dYdX2.1430+0.564%gTrade (Gains Network)2.1431+0.565%GMX2.1433+0.577%Deribit2.1436+0.591%SunX2.1440+0.610%HTX2.1440+0.610%Kraken Futures2.1442+0.617%Hyperliquid2.1447+0.643%Backpack2.1450+0.657%
SoDEX
Aster
KuCoin
Bitget
BloFin
dYdX
gTrade (Gains Network)
GMX
Deribit
SunX
HTX
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 | −0.516% | −0.1702% | 1h | $12K | $81K | 12x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.516% | +0.0424% | 1h | $274K | $392K | 50x | as long as short |
| Lighter TRUMP | −0.031% | −0.0312% | 1h | $959K | $578K | 10x | as long as short |
| Extended TRUMP-USD | −0.028% | +0.0104% | 1h | $73K | $472K | 25x | as long as short |
| Aevo TRUMP-PERP | −0.026% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Variational Omni TRUMP | −0.023% | +0.0100% | 4h | $666K | $230K | — | as long as short |
| Reya TRUMPRUSDPERP | −0.012% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Pacifica TRUMP | −0.010% | +0.0100% | 1h | $185K | $70K | 10x | as long as short |
| Binance TRUMPUSDT | −0.007% | +0.0100% | 4h | $61.4M | $207.6M | 75x | as long as short |
| Bybit TRUMPUSDT | −0.003% | +0.0100% | 4h | $29.7M | $40.4M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRUMP-USDT-SWAP | −0.003% | +0.0100% | 4h | $26.5M | $142.4M | 50x | as long as short |
| Gate TRUMP_USDTshort | −0.003% | +0.0016% | 4h | $7.4M | $44.0M | 75x | |
| MEXC TRUMP_USDC | −0.003% | +0.0100% | 4h | $473K | $132K | 125x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.003% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| Paradex TRUMP-USD-PERPlong | 0.000% | +0.0058% | 8h | $5K | — | 5x | |
| edgeX TRUMPUSDC | +0.001% | +0.0050% | 4h | $117K | $242K | 20x | as long as short |
| SoDEX TRUMP-USD | +0.021% | +0.0050% | 1h | $81 | $6K | 5x | as long as short |
| Aster TRUMPUSDT | +0.044% | +0.0100% | 4h | $421K | $850K | 20x | as long as short |
| KuCoin TRUMPUSDTM | +0.044% | +0.0100% | 4h | $4.2M | $9.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.044% | +0.0100% | 4h | $15.2M | $19.6M | 75x | as long as short |
| BloFin TRUMP-USDT | +0.044% | +0.0340% | 4h | $4.2M | $446K | 75x | as long as short |
| dYdX TRUMP-USD | +0.045% | −0.0002% | 1h | $27K | $485 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.047% | L +0.0008% / S −0.0007% | 1h | $54K | — | 150x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.058% | L +0.0228% / S −0.0259% | 1h | $11K | — | 100x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.072% | 0.0000% | 1h | $402K | $77K | 10x | as long as short |
| SunX TRUMP-USDT | +0.091% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.091% | +0.0100% | 4h | $494K | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.098% | −0.0357% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Hyperliquid TRUMP | +0.124% | +0.0100% | 1h | $13.6M | $7.3M | 10x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.138% | +0.0333% | 1h | $253K | $265K | 10x | as long as short |