Spread before costs (cost unknown: a leg has no order-book sample)+0.116%
7d average—if it closes, per $10,000$12funding while held, a day+$8.28
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX TRUMP-USD | 2.1525 | 0.0100 | pay 0.0013% / 1h | 12m 05s | $83 | $6K | 5x |
| Short | Coinbase International TRUMP-PERP-INTX | 2.1550 | 0.0376 | get 0.0047% / 1h | 12m 05s | $285K | $393K | 50x |
SoDEX TRUMP-USD
Coinbase International TRUMP-PERP-INTXPrice 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
- $11.61
- Funding while held
- $8.28
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $1.89
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 32 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0276%
- Per $10,000 a day
- +$8.28
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 32 min ago | 13.73 bp | 23.2 bp −$23 | 30.3 bp −$303 | doesn't fit | doesn't fit |
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.Injective2.1370cheapestVariational Omni2.1456+0.403%edgeX2.1476+0.494%BloFin2.1480+0.515%Paradex2.1517+0.686%Orderly2.1520+0.702%Aevo2.1521+0.707%Lighter2.1522+0.711%dYdX2.1522+0.713%
Injective
Variational Omni
BloFin
Paradex
Orderly
Aevo
Lighter
dYdXSoDEX2.1525+0.725%
Pacifica2.1526+0.732%Reya2.1527+0.736%MEXC2.1530+0.749%SunX2.1530+0.749%Extended2.1530+0.749%GMX2.1538+0.788%Aster2.1539+0.789%gTrade (Gains Network)2.1539+0.791%KuCoin2.1540+0.796%Deribit2.1540+0.796%Binance2.1547+0.829%Bybit2.1550+0.842%OKX2.1550+0.842%Gate2.1550+0.842%Bitget2.1550+0.842%
Pacifica
Reya
MEXC
SunX
Extended
GMX
Aster
gTrade (Gains Network)
KuCoin
Deribit
Binance
Bybit
OKX
Gate
BitgetCoinbase International2.1550+0.842%
HTX2.1550+0.842%Kraken Futures2.1552+0.850%Backpack2.1568+0.927%Hyperliquid2.1570+0.936%
HTX
Kraken Futures
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 | −0.720% | −0.1508% | 1h | $12K | $151K | 12x | as long as short |
| Variational Omni TRUMP | −0.320% | +0.0100% | 4h | $666K | $243K | — | as long as short |
| edgeX TRUMPUSDC | −0.230% | +0.0050% | 4h | $117K | $243K | 20x | as long as short |
| BloFin TRUMP-USDT | −0.209% | +0.0340% | 4h | $4.2M | $459K | 75x | as long as short |
| Paradex TRUMP-USD-PERP | −0.039% | +0.0083% | 8h | $5K | — | 5x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.023% | +0.0091% | 4h | $3K | $249K | 10x | as long as short |
| Aevo TRUMP-PERP | −0.019% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Lighter TRUMP | −0.014% | +0.0096% | 1h | $964K | $583K | 10x | as long as short |
| dYdX TRUMP-USD | −0.012% | 0.0000% | 1h | $27K | $481 | 5x | as long as short |
| SoDEX TRUMP-USDlong | 0.000% | +0.0100% | 1h | $83 | $6K | 5x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica TRUMP | +0.006% | +0.0100% | 1h | $186K | $71K | 10x | as long as short |
| Reya TRUMPRUSDPERP | +0.011% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| MEXC TRUMP_USDC | +0.023% | +0.0100% | 4h | $491K | $136K | 125x | as long as short |
| SunX TRUMP-USDT | +0.023% | +0.0100% | 4h | $2K | $1.5M | 50x | as long as short |
| Extended TRUMP-USD | +0.023% | +0.0104% | 1h | $74K | $481K | 25x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | +0.062% | L +0.0229% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| Aster TRUMPUSDT | +0.063% | +0.0100% | 4h | $427K | $877K | 20x | as long as short |
| gTrade (Gains Network) TRUMP/USD | +0.065% | L +0.0008% / S −0.0007% | 1h | $55K | — | 150x | as long as short |
| KuCoin TRUMPUSDTM | +0.070% | +0.0100% | 4h | $4.4M | $9.0M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | +0.070% | 0.0000% | 1h | $404K | $77K | 10x | as long as short |
| Binance TRUMPUSDT | +0.103% | +0.0100% | 4h | $61.5M | $207.9M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.116% | +0.0100% | 4h | $30.0M | $40.9M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.116% | +0.0100% | 4h | $26.4M | $146.9M | 50x | as long as short |
| Gate TRUMP_USDT | +0.116% | +0.0100% | 4h | $7.4M | $44.2M | 75x | as long as short |
| Bitget TRUMPUSDT | +0.116% | +0.0100% | 4h | $15.1M | $20.0M | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTXshort | +0.116% | +0.0376% | 1h | $285K | $393K | 50x | |
| HTX TRUMP-USDT | +0.116% | +0.0100% | 4h | $479K | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.124% | −0.0261% | 1h | $1.0M | $2.1M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.200% | +0.0264% | 1h | $258K | $268K | 10x | as long as short |
| Hyperliquid TRUMP | +0.209% | +0.0197% | 1h | $13.8M | $7.4M | 10x | as long as short |