# TRUMP Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-04 12:22 UTC, ArbTide tracks TRUMP spot and perpetual prices across exchanges. On spot markets, the best route has a 0.05% gross spread, which fees turn into a -0.15% net loss. On perpetual markets, the best route has a 0.15% gross spread, which fees turn into a -0.05% net loss.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| BTSE | [TRUMP/USDT](https://www.btse.com/en/trading/TRUMP-USDT) | 0.0304 | 0.03086 | 1.491% | $1.1K | 0.020% |
| Binance | [TRUMP/USDT](https://www.binance.com/en/trade/TRUMP_USDT?type=spot) | 2.029 | 2.03 | 0.049% | $12.9M | 0.100% |
| MEXC | [TRUMP/USDT](https://www.mexc.com/exchange/TRUMP_USDT) | 2.029 | 2.03 | 0.049% | $3.8M | 0.080% |
| Kraken | [TRUMP/USD](https://pro.kraken.com/app/trade/trump-usd) | 2.029 | 2.03 | 0.049% | $379.9K | 0.260% |
| Bitstamp | [TRUMP/USD](https://www.bitstamp.net/markets/trump/usd/) | 2.0291 | 2.03 | 0.044% | $424.2K | 0.400% |
| Bybit | [TRUMP/USDT](https://www.bybit.com/en/trade/spot/TRUMP/USDT) | 2.03 | 2.031 | 0.049% | $1.5M | 0.100% |
| OKX | [TRUMP/USDT](https://www.okx.com/trade-spot/trump-usdt) | 2.03 | 2.031 | 0.049% | $8.1M | 0.150% |
| Gate | [TRUMP/USDT](https://www.gate.com/trade/TRUMP_USDT) | 2.0305 | 2.031 | 0.025% | $3.7M | 0.200% |
| KuCoin | [TRUMP/USDT](https://www.kucoin.com/trade/TRUMP-USDT) | 2.03 | 2.031 | 0.049% | $4M | 0.100% |
| XT.COM | [TRUMP/USDT](https://www.xt.com/en/trade/trump_usdt) | 2.03 | 2.031 | 0.049% | $1.8M | 0.200% |
| Toobit | [TRUMP/USDT](https://www.toobit.com/en-US/spot/TRUMP_USDT) | 2.028 | 2.031 | 0.148% | $1.3M | 0.100% |
| Crypto.com | [TRUMP/USDT](https://crypto.com/exchange/trade/TRUMP_USDT) | 2.03 | 2.031 | 0.049% | $115.2K | 0.500% |
| Revolut X | [TRUMP/USD](https://exchange.revolut.com/trade/TRUMP-USD) | 2.029 | 2.0316 | 0.128% | $6.4K | 0.090% |
| Bitget | [TRUMP/USDT](https://www.bitget.com/spot/TRUMPUSDT) | 2.031 | 2.032 | 0.049% | $512.9K | 0.100% |
| BingX | [TRUMP/USDT](https://bingx.com/en/spot/TRUMPUSDT) | 2.029 | 2.032 | 0.148% | $79.2K | 0.100% |
| WEEX | [TRUMP/USDT](https://www.weex.com/spot/TRUMP-USDT) | 2.03 | 2.032 | 0.098% | $711.6K | 0.100% |
| DigiFinex | [TRUMP/USDT](https://www.digifinex.com/en-ww/trade/USDT/TRUMP) | 2.028 | 2.032 | 0.197% | $584.7K | 0.200% |
| CEX.IO | [TRUMP/USDC](https://trade.cex.io/spot/TRUMP-USDC) | 2.0284 | 2.0326 | 0.207% | $57.1 | 0.100% |
| WhiteBIT | TRUMP/USDT | 2.03 | 2.033 | 0.148% | $4.5M | 0.100% |
| HitBTC | TRUMP/USDT | 2.028 | 2.033 | 0.246% | $988.1K | 0.250% |
| HTX | [TRUMP/USDT](https://www.htx.com/trade/trump_usdt) | 2.0285 | 2.034 | 0.270% | $1.1M | 0.200% |
| BtcTurk | [TRUMP/USDT](https://kripto.btcturk.com/pro/al-sat/TRUMP_USDT) | 2.03 | 2.034 | 0.197% | $347.6K | 0.090% |
| Deepcoin | [TRUMP/USDT](https://www.deepcoin.com/en/spot/TRUMP-USDT) | 2.025 | 2.036 | 0.540% | $953.9K | 0.150% |
| BigONE | [TRUMP/USDT](https://big.one/en/trade/TRUMP-USDT) | 2.02 | 2.04 | 0.980% | $36.7K | 0.100% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | Bitget | Gate | Bybit | OKX | KuCoin | XT.COM | Crypto.com | WEEX | WhiteBIT | BtcTurk | Bitstamp | Binance | MEXC | Kraken | Revolut X | BingX | HTX | CEX.IO | Toobit | DigiFinex | HitBTC | Deepcoin | BigONE | BTSE |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| BTSE | +6481.22% | +6479.49% | +6477.97% | +6477.92% | +6477.97% | +6477.87% | +6477.57% | +6477.97% | +6477.97% | +6477.98% | +6474.76% | +6474.73% | +6474.75% | +6474.57% | +6474.74% | +6474.73% | +6473.01% | +6472.79% | +6471.49% | +6471.39% | +6471.34% | +6461.72% | +6445.57% | — |
| Binance | -0.15% | -0.28% | -0.20% | -0.25% | -0.20% | -0.30% | -0.60% | -0.20% | -0.20% | -0.19% | -0.54% | — | -0.23% | -0.41% | -0.24% | -0.25% | -0.37% | -0.28% | -0.30% | -0.40% | -0.45% | -0.50% | -0.69% | -98.62% |
| MEXC | -0.13% | -0.26% | -0.18% | -0.23% | -0.18% | -0.28% | -0.58% | -0.18% | -0.18% | -0.17% | -0.52% | -0.23% | — | -0.39% | -0.22% | -0.23% | -0.35% | -0.26% | -0.28% | -0.38% | -0.43% | -0.48% | -0.67% | -98.60% |
| Kraken | -0.31% | -0.44% | -0.36% | -0.41% | -0.36% | -0.46% | -0.76% | -0.36% | -0.36% | -0.35% | -0.70% | -0.41% | -0.39% | — | -0.40% | -0.41% | -0.53% | -0.44% | -0.46% | -0.56% | -0.61% | -0.66% | -0.85% | -98.78% |
| Bitstamp | -0.45% | -0.58% | -0.50% | -0.55% | -0.50% | -0.60% | -0.90% | -0.50% | -0.50% | -0.49% | — | -0.55% | -0.53% | -0.71% | -0.54% | -0.55% | -0.67% | -0.58% | -0.60% | -0.70% | -0.75% | -0.80% | -0.99% | -98.92% |
| Bybit | -0.20% | -0.32% | — | -0.30% | -0.25% | -0.35% | -0.65% | -0.25% | -0.25% | -0.24% | -0.59% | -0.30% | -0.28% | -0.46% | -0.29% | -0.30% | -0.42% | -0.33% | -0.35% | -0.45% | -0.50% | -0.55% | -0.74% | -98.62% |
| OKX | -0.25% | -0.37% | -0.30% | — | -0.30% | -0.40% | -0.70% | -0.30% | -0.30% | -0.29% | -0.64% | -0.35% | -0.33% | -0.51% | -0.34% | -0.35% | -0.47% | -0.38% | -0.40% | -0.50% | -0.55% | -0.60% | -0.79% | -98.67% |
| Gate | -0.30% | — | -0.35% | -0.40% | -0.35% | -0.45% | -0.75% | -0.35% | -0.35% | -0.34% | -0.69% | -0.40% | -0.38% | -0.56% | -0.39% | -0.40% | -0.52% | -0.43% | -0.45% | -0.55% | -0.60% | -0.65% | -0.84% | -98.72% |
| KuCoin | -0.20% | -0.32% | -0.25% | -0.30% | — | -0.35% | -0.65% | -0.25% | -0.25% | -0.24% | -0.59% | -0.30% | -0.28% | -0.46% | -0.29% | -0.30% | -0.42% | -0.33% | -0.35% | -0.45% | -0.50% | -0.55% | -0.74% | -98.62% |
| XT.COM | -0.30% | -0.42% | -0.35% | -0.40% | -0.35% | — | -0.75% | -0.35% | -0.35% | -0.34% | -0.69% | -0.40% | -0.38% | -0.56% | -0.39% | -0.40% | -0.52% | -0.43% | -0.45% | -0.55% | -0.60% | -0.65% | -0.84% | -98.72% |
| Toobit | -0.20% | -0.32% | -0.25% | -0.30% | -0.25% | -0.35% | -0.65% | -0.25% | -0.25% | -0.24% | -0.59% | -0.30% | -0.28% | -0.46% | -0.29% | -0.30% | -0.42% | -0.33% | — | -0.45% | -0.50% | -0.55% | -0.74% | -98.62% |
| Crypto.com | -0.60% | -0.72% | -0.65% | -0.70% | -0.65% | -0.75% | — | -0.65% | -0.65% | -0.64% | -0.99% | -0.70% | -0.68% | -0.86% | -0.69% | -0.70% | -0.82% | -0.73% | -0.75% | -0.85% | -0.90% | -0.95% | -1.14% | -99.02% |
| Revolut X | -0.22% | -0.34% | -0.27% | -0.32% | -0.27% | -0.37% | -0.67% | -0.27% | -0.27% | -0.26% | -0.61% | -0.32% | -0.30% | -0.48% | — | -0.32% | -0.44% | -0.35% | -0.37% | -0.47% | -0.52% | -0.56% | -0.76% | -98.61% |
| Bitget | — | -0.37% | -0.30% | -0.35% | -0.30% | -0.40% | -0.70% | -0.30% | -0.30% | -0.29% | -0.64% | -0.35% | -0.33% | -0.51% | -0.34% | -0.35% | -0.47% | -0.38% | -0.40% | -0.50% | -0.55% | -0.59% | -0.79% | -98.62% |
| BingX | -0.25% | -0.37% | -0.30% | -0.35% | -0.30% | -0.40% | -0.70% | -0.30% | -0.30% | -0.29% | -0.64% | -0.35% | -0.33% | -0.51% | -0.34% | — | -0.47% | -0.38% | -0.40% | -0.50% | -0.55% | -0.59% | -0.79% | -98.62% |
| WEEX | -0.25% | -0.37% | -0.30% | -0.35% | -0.30% | -0.40% | -0.70% | — | -0.30% | -0.29% | -0.64% | -0.35% | -0.33% | -0.51% | -0.34% | -0.35% | -0.47% | -0.38% | -0.40% | -0.50% | -0.55% | -0.59% | -0.79% | -98.62% |
| DigiFinex | -0.35% | -0.47% | -0.40% | -0.45% | -0.40% | -0.50% | -0.80% | -0.40% | -0.40% | -0.39% | -0.74% | -0.45% | -0.43% | -0.61% | -0.44% | -0.45% | -0.57% | -0.48% | -0.50% | — | -0.65% | -0.69% | -0.89% | -98.72% |
| CEX.IO | -0.28% | -0.40% | -0.33% | -0.38% | -0.33% | -0.43% | -0.73% | -0.33% | -0.33% | -0.32% | -0.67% | -0.38% | -0.36% | -0.54% | -0.37% | -0.38% | -0.50% | — | -0.43% | -0.53% | -0.58% | -0.62% | -0.82% | -98.62% |
| WhiteBIT | -0.30% | -0.42% | -0.35% | -0.40% | -0.35% | -0.45% | -0.75% | -0.35% | — | -0.34% | -0.69% | -0.40% | -0.38% | -0.56% | -0.39% | -0.40% | -0.52% | -0.43% | -0.45% | -0.55% | -0.60% | -0.64% | -0.84% | -98.62% |
| HitBTC | -0.45% | -0.57% | -0.50% | -0.55% | -0.50% | -0.60% | -0.90% | -0.50% | -0.50% | -0.49% | -0.84% | -0.55% | -0.53% | -0.71% | -0.54% | -0.55% | -0.67% | -0.58% | -0.60% | -0.70% | — | -0.79% | -0.99% | -98.77% |
| HTX | -0.45% | -0.57% | -0.50% | -0.55% | -0.50% | -0.60% | -0.90% | -0.50% | -0.50% | -0.49% | -0.84% | -0.55% | -0.53% | -0.71% | -0.54% | -0.55% | — | -0.58% | -0.59% | -0.69% | -0.74% | -0.79% | -0.99% | -98.73% |
| BtcTurk | -0.34% | -0.46% | -0.39% | -0.44% | -0.39% | -0.49% | -0.79% | -0.39% | -0.39% | — | -0.73% | -0.44% | -0.42% | -0.60% | -0.43% | -0.44% | -0.56% | -0.47% | -0.48% | -0.58% | -0.63% | -0.68% | -0.88% | -98.62% |
| Deepcoin | -0.50% | -0.62% | -0.54% | -0.59% | -0.54% | -0.64% | -0.94% | -0.54% | -0.54% | -0.53% | -0.89% | -0.59% | -0.57% | -0.75% | -0.58% | -0.59% | -0.72% | -0.62% | -0.64% | -0.74% | -0.79% | — | -1.04% | -98.68% |
| BigONE | -0.64% | -0.77% | -0.69% | -0.74% | -0.69% | -0.79% | -1.09% | -0.69% | -0.69% | -0.68% | -1.03% | -0.74% | -0.72% | -0.90% | -0.73% | -0.74% | -0.86% | -0.77% | -0.79% | -0.89% | -0.94% | -0.99% | — | -98.63% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Binance | [TRUMP/USDT:USDT](https://www.binance.com/en/futures/TRUMPUSDT) | 2.027 | 2.028 | 0.049% | $54.2M | 0.050% |
| Bybit | [TRUMP/USDT:USDT](https://www.bybit.com/trade/usdt/TRUMPUSDT) | 2.027 | 2.028 | 0.049% | $14.8M | 0.060% |
| OKX | [TRUMP/USDT:USDT](https://www.okx.com/trade-swap/trump-usdt-swap) | 2.027 | 2.028 | 0.049% | $42.6M | 0.050% |
| KuCoin | [TRUMP/USDT:USDT](https://www.kucoin.com/trade/futures/TRUMPUSDTM) | 2.027 | 2.028 | 0.049% | $939.3K | 0.060% |
| MEXC | [TRUMP/USDC:USDC](https://www.mexc.com/futures/TRUMP_USDC) | 2.027 | 2.028 | 0.049% | $104.7K | 0.000% |
| Crypto.com | [TRUMP/USD:USD](https://crypto.com/exchange/trade/TRUMPUSD-PERP) | 2.027 | 2.028 | 0.049% | $1.4K | 0.500% |
| Extended | [TRUMP/USDC:USDC](https://app.extended.exchange/perp/TRUMP-USD) | 2.025 | 2.028 | 0.148% | $60.6K | 0.200% |
| WOOFi Pro | [TRUMP/USDC:USDC](https://pro.woofi.com/en/trade/TRUMP_PERP) | 2.026 | 2.028 | 0.099% | $9.8K | 0.050% |
| WEEX | [TRUMP/USDT:USDT](https://www.weex.com/futures/TRUMP-USDT) | 2.028 | 2.029 | 0.049% | $363.5K | 0.080% |
| Toobit | [TRUMP/USDT:USDT](https://www.toobit.com/en-US/futures/TRUMP-SWAP-USDT) | 2.028 | 2.029 | 0.049% | $6.3M | 0.100% |
| DigiFinex | [TRUMP/USDT:USDT](https://www.digifinex.com/en-ww/swap/TRUMPUSDTPERP) | 2.028 | 2.029 | 0.049% | $7.2M | 0.200% |
| Hyperliquid | [TRUMP/USDC:USDC](https://app.hyperliquid.xyz/trade/TRUMP) | 2.0283 | 2.02901 | 0.035% | $2.8M | 0.045% |
| Gate | [TRUMP/USDT:USDT](https://www.gate.com/futures/USDT/TRUMP_USDT) | 2.029 | 2.03 | 0.049% | $7.1M | 0.050% |
| BingX | [TRUMP/USDT:USDT](https://bingx.com/en/perpetual/TRUMP-USDT) | 2.028 | 2.03 | 0.099% | $7.2M | 0.050% |
| XT.COM | [TRUMP/USDT:USDT](https://www.xt.com/en/futures/trade/trump_usdt) | 2.027 | 2.03 | 0.148% | $581.2K | 0.060% |
| HitBTC | TRUMP/USDT:USDT | 2.027 | 2.03 | 0.148% | — | 0.070% |
| Aster | [TRUMP/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/TRUMPUSDT) | 2.028 | 2.03 | 0.099% | $149.6K | 0.035% |
| Paradex | [TRUMP/USD:USDC](https://app.paradex.trade/trade/TRUMP-USD-PERP) | 2.027 | 2.03 | 0.148% | — | 0.030% |
| Bitget | [TRUMP/USDT:USDT](https://www.bitget.com/futures/usdt/TRUMPUSDT) | 2.03 | 2.031 | 0.049% | $10.3M | 0.060% |
| Kraken | [TRUMP/USD:USD](https://pro.kraken.com/app/trade/futures-trump-usd-perp) | 2.03 | 2.031 | 0.049% | $1.1M | 0.050% |
| WhiteBIT | [TRUMP/USDT:USDT](https://whitebit.com/trade/TRUMP-PERP?type=futures) | 2.028 | 2.031 | 0.148% | $10.1M | 0.055% |
| Deepcoin | [TRUMP/USDT:USDT](https://www.deepcoin.com/en/swap/TRUMP-USDT) | 2.025 | 2.031 | 0.295% | $6.9M | 0.150% |
| HTX | [TRUMP/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=TRUMP-USDT&contract_type=swap&type=cross) | 2.031 | 2.033 | 0.098% | $2.4M | 0.050% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | HTX | Bitget | Kraken | Gate | Hyperliquid | WEEX | Toobit | DigiFinex | BingX | Aster | WhiteBIT | Binance | Bybit | OKX | KuCoin | MEXC | Crypto.com | XT.COM | HitBTC | Paradex | WOOFi Pro | Extended | Deepcoin |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Binance | -0.05% | -0.12% | -0.10% | -0.15% | -0.18% | -0.26% | -0.30% | -0.50% | -0.20% | -0.17% | -0.21% | — | -0.27% | -0.25% | -0.27% | -0.15% | -1.15% | -0.27% | -0.29% | -0.21% | -0.30% | -0.65% | -0.55% |
| Bybit | -0.07% | -0.14% | -0.12% | -0.17% | -0.20% | -0.28% | -0.32% | -0.52% | -0.22% | -0.19% | -0.23% | -0.27% | — | -0.27% | -0.29% | -0.17% | -1.17% | -0.29% | -0.31% | -0.23% | -0.32% | -0.67% | -0.57% |
| OKX | -0.05% | -0.12% | -0.10% | -0.15% | -0.18% | -0.26% | -0.30% | -0.50% | -0.20% | -0.17% | -0.21% | -0.25% | -0.27% | — | -0.27% | -0.15% | -1.15% | -0.27% | -0.29% | -0.21% | -0.30% | -0.65% | -0.55% |
| KuCoin | -0.07% | -0.14% | -0.12% | -0.17% | -0.20% | -0.28% | -0.32% | -0.52% | -0.22% | -0.19% | -0.23% | -0.27% | -0.29% | -0.27% | — | -0.17% | -1.17% | -0.29% | -0.31% | -0.23% | -0.32% | -0.67% | -0.57% |
| MEXC | +0.05% | -0.02% | 0.00% | -0.05% | -0.08% | -0.16% | -0.20% | -0.40% | -0.10% | -0.07% | -0.11% | -0.15% | -0.17% | -0.15% | -0.17% | — | -1.05% | -0.17% | -0.19% | -0.11% | -0.20% | -0.55% | -0.45% |
| Crypto.com | -0.95% | -1.02% | -1.00% | -1.05% | -1.08% | -1.16% | -1.20% | -1.40% | -1.10% | -1.07% | -1.11% | -1.15% | -1.17% | -1.15% | -1.17% | -1.05% | — | -1.17% | -1.19% | -1.11% | -1.20% | -1.55% | -1.45% |
| Extended | -0.35% | -0.42% | -0.40% | -0.45% | -0.48% | -0.56% | -0.60% | -0.80% | -0.50% | -0.47% | -0.51% | -0.55% | -0.57% | -0.55% | -0.57% | -0.45% | -1.45% | -0.57% | -0.59% | -0.51% | -0.60% | — | -0.85% |
| WOOFi Pro | -0.05% | -0.12% | -0.10% | -0.15% | -0.18% | -0.26% | -0.30% | -0.50% | -0.20% | -0.17% | -0.21% | -0.25% | -0.27% | -0.25% | -0.27% | -0.15% | -1.15% | -0.27% | -0.29% | -0.21% | — | -0.65% | -0.55% |
| WEEX | -0.16% | -0.23% | -0.21% | -0.26% | -0.28% | — | -0.41% | -0.61% | -0.31% | -0.28% | -0.32% | -0.36% | -0.38% | -0.36% | -0.38% | -0.26% | -1.26% | -0.38% | -0.40% | -0.32% | -0.41% | -0.76% | -0.66% |
| Toobit | -0.20% | -0.27% | -0.25% | -0.30% | -0.32% | -0.41% | — | -0.65% | -0.35% | -0.32% | -0.36% | -0.40% | -0.42% | -0.40% | -0.42% | -0.30% | -1.30% | -0.42% | -0.44% | -0.36% | -0.45% | -0.80% | -0.70% |
| DigiFinex | -0.40% | -0.47% | -0.45% | -0.50% | -0.52% | -0.61% | -0.65% | — | -0.55% | -0.52% | -0.56% | -0.60% | -0.62% | -0.60% | -0.62% | -0.50% | -1.50% | -0.62% | -0.64% | -0.56% | -0.65% | -1.00% | -0.90% |
| Hyperliquid | -0.09% | -0.16% | -0.14% | -0.19% | — | -0.30% | -0.34% | -0.54% | -0.24% | -0.21% | -0.25% | -0.29% | -0.31% | -0.29% | -0.31% | -0.19% | -1.19% | -0.31% | -0.33% | -0.25% | -0.34% | -0.69% | -0.59% |
| Gate | -0.15% | -0.22% | -0.20% | — | -0.27% | -0.36% | -0.40% | -0.60% | -0.30% | -0.27% | -0.31% | -0.35% | -0.37% | -0.35% | -0.37% | -0.25% | -1.25% | -0.37% | -0.39% | -0.31% | -0.40% | -0.75% | -0.65% |
| BingX | -0.15% | -0.22% | -0.20% | -0.25% | -0.27% | -0.36% | -0.40% | -0.60% | — | -0.27% | -0.31% | -0.35% | -0.37% | -0.35% | -0.37% | -0.25% | -1.25% | -0.37% | -0.39% | -0.31% | -0.40% | -0.75% | -0.65% |
| XT.COM | -0.17% | -0.24% | -0.22% | -0.27% | -0.29% | -0.38% | -0.42% | -0.62% | -0.32% | -0.29% | -0.33% | -0.37% | -0.39% | -0.37% | -0.39% | -0.27% | -1.27% | — | -0.41% | -0.33% | -0.42% | -0.77% | -0.67% |
| HitBTC | -0.19% | -0.26% | -0.24% | -0.29% | -0.31% | -0.40% | -0.44% | -0.64% | -0.34% | -0.31% | -0.35% | -0.39% | -0.41% | -0.39% | -0.41% | -0.29% | -1.29% | -0.41% | — | -0.35% | -0.44% | -0.79% | -0.69% |
| Aster | -0.12% | -0.19% | -0.17% | -0.22% | -0.24% | -0.33% | -0.37% | -0.57% | -0.27% | — | -0.28% | -0.32% | -0.34% | -0.32% | -0.34% | -0.22% | -1.22% | -0.34% | -0.36% | -0.28% | -0.37% | -0.72% | -0.62% |
| Paradex | -0.11% | -0.18% | -0.16% | -0.21% | -0.23% | -0.32% | -0.36% | -0.56% | -0.26% | -0.23% | -0.27% | -0.31% | -0.33% | -0.31% | -0.33% | -0.21% | -1.21% | -0.33% | -0.35% | — | -0.36% | -0.71% | -0.61% |
| Bitget | -0.22% | — | -0.27% | -0.32% | -0.34% | -0.43% | -0.47% | -0.67% | -0.37% | -0.34% | -0.38% | -0.42% | -0.44% | -0.42% | -0.44% | -0.32% | -1.32% | -0.44% | -0.46% | -0.38% | -0.47% | -0.82% | -0.72% |
| Kraken | -0.20% | -0.27% | — | -0.30% | -0.32% | -0.41% | -0.45% | -0.65% | -0.35% | -0.32% | -0.36% | -0.40% | -0.42% | -0.40% | -0.42% | -0.30% | -1.30% | -0.42% | -0.44% | -0.36% | -0.45% | -0.80% | -0.70% |
| WhiteBIT | -0.21% | -0.28% | -0.26% | -0.31% | -0.33% | -0.42% | -0.46% | -0.66% | -0.36% | -0.33% | — | -0.41% | -0.43% | -0.41% | -0.43% | -0.31% | -1.31% | -0.43% | -0.45% | -0.37% | -0.46% | -0.81% | -0.71% |
| Deepcoin | -0.40% | -0.47% | -0.45% | -0.50% | -0.52% | -0.61% | -0.65% | -0.85% | -0.55% | -0.52% | -0.56% | -0.60% | -0.62% | -0.60% | -0.62% | -0.50% | -1.50% | -0.62% | -0.64% | -0.56% | -0.65% | -1.00% | — |
| HTX | — | -0.37% | -0.35% | -0.40% | -0.42% | -0.51% | -0.55% | -0.75% | -0.45% | -0.42% | -0.46% | -0.50% | -0.52% | -0.50% | -0.52% | -0.40% | -1.40% | -0.52% | -0.54% | -0.46% | -0.54% | -0.89% | -0.79% |

## Frequently asked questions

### Is there a TRUMP arbitrage opportunity right now?

No. The best TRUMP routes do not cover taker fees at the moment.

### Which exchange has the cheapest TRUMP?

Lowest ask price: Spot: BTSE at 0.03086; Perpetual: Binance at 2.028.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.