Spread before costs (cost unknown: a leg has no order-book sample)−0.034%
7d average—if it closes, per $10,000$3funding while held, a day+$10.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya TRUMPRUSDPERP | 2.1527 | −0.0245 | get 0.0031% / 1h | 11m 51s | $5 | — | 10x |
| Short | Orderly PERP_TRUMP_USDC | 2.1520 | 0.0091 | get 0.0046% / 4h | 3h 11m | $3K | $249K | 10x |
Reya TRUMPRUSDPERP
Orderly PERP_TRUMP_USDCPrice 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
- −$3.37
- Funding while held
- $10.09
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$5.29
- Spread needed to break even
- 0.120%
Slippage unknown: Reya: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0336%
- Per $10,000 a day
- +$10.09
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Reya and Orderly: 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.Injective2.1370cheapestVariational Omni2.1456+0.403%edgeX2.1476+0.494%BloFin2.1480+0.515%Paradex2.1517+0.686%
Injective
Variational Omni
BloFin
ParadexOrderly2.1520+0.702%
Aevo2.1521+0.707%Lighter2.1522+0.711%dYdX2.1522+0.713%SoDEX2.1525+0.725%Pacifica2.1526+0.732%
Aevo
Lighter
dYdX
SoDEX
PacificaReya2.1527+0.736%
SunX2.1530+0.749%GMX2.1538+0.788%gTrade (Gains Network)2.1539+0.791%MEXC2.1540+0.796%Deribit2.1540+0.796%Binance2.1546+0.825%Extended2.1547+0.830%Bybit2.1550+0.842%OKX2.1550+0.842%Gate2.1550+0.842%KuCoin2.1550+0.842%Bitget2.1550+0.842%Coinbase International2.1550+0.842%HTX2.1550+0.842%Kraken Futures2.1552+0.850%Aster2.1552+0.851%Backpack2.1568+0.927%Hyperliquid2.1570+0.936%
SunX
GMX
gTrade (Gains Network)
MEXC
Deribit
Binance
Extended
Bybit
OKX
Gate
KuCoin
Bitget
Coinbase International
HTX
Kraken Futures
Aster
Backpack
HyperliquidTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.731% | −0.1508% | 1h | $12K | $151K | 12x | as long as short |
| Variational Omni TRUMP | −0.330% | +0.0100% | 4h | $666K | $243K | — | as long as short |
| edgeX TRUMPUSDC | −0.240% | +0.0050% | 4h | $117K | $243K | 20x | as long as short |
| BloFin TRUMP-USDT | −0.220% | +0.0340% | 4h | $4.2M | $459K | 75x | as long as short |
| Paradex TRUMP-USD-PERP | −0.050% | +0.0083% | 8h | $5K | — | 5x | as long as short |
| Orderly PERP_TRUMP_USDCshort | −0.034% | +0.0091% | 4h | $3K | $249K | 10x | |
| Aevo TRUMP-PERP | −0.029% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Lighter TRUMP | −0.024% | +0.0096% | 1h | $964K | $583K | 10x | as long as short |
| dYdX TRUMP-USD | −0.023% | 0.0000% | 1h | $27K | $481 | 5x | as long as short |
| SoDEX TRUMP-USD | −0.011% | +0.0100% | 1h | $83 | $6K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica TRUMP | −0.004% | +0.0100% | 1h | $186K | $71K | 10x | as long as short |
| Reya TRUMPRUSDPERPlong | 0.000% | −0.0245% | 1h | $5 | — | 10x | |
| SunX TRUMP-USDT | +0.013% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.052% | L +0.0229% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.055% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| MEXC TRUMP_USDC | +0.059% | +0.0100% | 4h | $491K | $136K | 125x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.059% | 0.0000% | 1h | $404K | $77K | 10x | as long as short |
| Binance TRUMPUSDT | +0.088% | +0.0100% | 4h | $61.5M | $208.0M | 75x | as long as short |
| Extended TRUMP-USD | +0.094% | +0.0104% | 1h | $74K | $481K | 25x | as long as short |
| Bybit TRUMPUSDT | +0.106% | +0.0100% | 4h | $30.0M | $40.9M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.106% | +0.0100% | 4h | $26.4M | $147.0M | 50x | as long as short |
| Gate TRUMP_USDT | +0.106% | +0.0100% | 4h | $7.3M | $44.3M | 75x | as long as short |
| KuCoin TRUMPUSDTM | +0.106% | +0.0100% | 4h | $4.4M | $9.0M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.106% | +0.0100% | 4h | $15.1M | $20.0M | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.106% | +0.0376% | 1h | $285K | $393K | 50x | as long as short |
| HTX TRUMP-USDT | +0.106% | +0.0100% | 4h | $479K | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.113% | −0.0261% | 1h | $1.0M | $2.1M | 50x | as long as short |
| Aster TRUMPUSDT | +0.114% | +0.0100% | 4h | $428K | $877K | 20x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.189% | +0.0264% | 1h | $258K | $268K | 10x | as long as short |
| Hyperliquid TRUMP | +0.199% | +0.0197% | 1h | $13.8M | $7.4M | 10x | as long as short |