Spread before costs (cost unknown: a leg has no order-book sample)−0.303%
7d average—if it closes, per $10,000$30funding while held, a day−$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX TRUMP-USD | 2.1545 | 0.0100 | pay 0.0013% / 1h | 9m 00s | $83 | $6K | 5x |
| Short | edgeX TRUMPUSDC | 2.1480 | 0.0050 | get 0.0025% / 4h | 3h 09m | $117K | $241K | 20x |
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
- −$30.3
- Funding while held
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$48.8
- Spread needed to break even
- 0.170%
Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 35 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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 edgeX live order book, 35 min ago | 6.87 bp | 14.6 bp −$15 | 41.7 bp −$417 | 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.Injective2.1430cheapestLighter2.1530+0.467%MEXC2.1530+0.467%Aevo2.1535+0.490%Extended2.1536+0.495%Binance2.1540+0.513%Bybit2.1540+0.513%OKX2.1540+0.513%Gate2.1540+0.513%KuCoin2.1540+0.513%Bitget2.1540+0.513%Orderly2.1540+0.513%dYdX2.1542+0.523%
Injective
Lighter
MEXC
Aevo
Extended
Binance
Bybit
OKX
Gate
KuCoin
Bitget
Orderly
dYdXSoDEX2.1545+0.537%
Paradex2.1547+0.545%Pacifica2.1547+0.546%Variational Omni2.1547+0.546%Reya2.1547+0.547%Coinbase International2.1550+0.560%BloFin2.1550+0.560%Deribit2.1553+0.574%Aster2.1553+0.576%Kraken Futures2.1558+0.599%GMX2.1559+0.604%SunX2.1560+0.607%HTX2.1560+0.607%gTrade (Gains Network)2.1563+0.622%Backpack2.1571+0.658%Hyperliquid2.1575+0.677%
Paradex
Pacifica
Variational Omni
Reya
Coinbase International
BloFin
Deribit
Aster
Kraken Futures
GMX
SunX
HTX
gTrade (Gains Network)
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 | −0.534% | −0.1508% | 1h | $12K | $151K | 12x | as long as short |
| edgeX TRUMPUSDCshort | −0.303% | +0.0050% | 4h | $117K | $241K | 20x | |
| Lighter TRUMP | −0.070% | +0.0096% | 1h | $964K | $583K | 10x | as long as short |
| MEXC TRUMP_USDC | −0.070% | +0.0100% | 4h | $491K | $136K | 125x | as long as short |
| Aevo TRUMP-PERP | −0.046% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Extended TRUMP-USD | −0.041% | +0.0104% | 1h | $74K | $481K | 25x | as long as short |
| Binance TRUMPUSDT | −0.023% | +0.0100% | 4h | $61.5M | $207.6M | 75x | as long as short |
| Bybit TRUMPUSDT | −0.023% | +0.0100% | 4h | $29.9M | $40.8M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.023% | +0.0100% | 4h | $26.4M | $146.3M | 50x | as long as short |
| Gate TRUMP_USDT | −0.023% | +0.0100% | 4h | $7.4M | $44.4M | 75x | as long as short |