Spread before costs (cost unknown: a leg has no order-book sample)+0.090%
7d average—if it closes, per $10,000$9funding while held, a day−$1.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TRX-PERP | 0.3444 | 0.0072 | pay 0.0009% / 1h | 51m 40s | $33K | — | 3x |
| Short | Bybit TRXUSDT | 0.3447 | 0.0038 | get 0.0038% / 8h | 1h 51m | $54.7M | $7.9M | 75x |
Aevo TRX-PERP
Bybit TRXUSDTPrice 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
- $8.97
- Funding while held
- −$1.02
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$19.05
- Spread needed to break even
- 0.270%
Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0034%
- Per $10,000 a day
- −$1.02
- 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 1.45 bp | 8.2 bp −$8 | 11.5 bp −$115 | 47.7 bp −$4,769 | doesn't fit |
Aevo: 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.
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapest
InjectiveAevo0.3444+0.467%
edgeX0.3444+0.472%BloFin0.3445+0.484%HTX0.3445+0.488%Reya0.3445+0.501%Extended0.3445+0.502%Paradex0.3446+0.512%Backpack0.3446+0.513%Orderly0.3446+0.513%Aster0.3446+0.520%SunX0.3446+0.521%ApeX Omni0.3446+0.534%Phemex0.3446+0.534%OKX0.3446+0.537%MEXC0.3446+0.537%SoDEX0.3447+0.540%Variational Omni0.3447+0.540%Gate0.3447+0.543%GMX0.3447+0.546%BingX0.3447+0.551%Bitget0.3447+0.554%dYdX0.3447+0.556%
BloFin
HTX
Reya
Extended
Paradex
Backpack
Orderly
Aster
SunX
ApeX Omni
Phemex
OKX
MEXC
SoDEX
Variational Omni
Gate
GMX
BingX
Bitget
dYdXBybit0.3447+0.557%
gTrade (Gains Network)0.3447+0.557%Binance0.3447+0.559%KuCoin0.3447+0.566%Lighter0.3448+0.572%Kraken Futures0.3448+0.573%Phoenix0.3448+0.598%Hyperliquid0.3449+0.608%Deribit0.3449+0.619%
gTrade (Gains Network)
Binance
KuCoin
Lighter
Kraken Futures
Phoenix
Hyperliquid
DeribitTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.465% | +0.0033% | 1h | $1K | $124K | 12x | as long as short |
| Aevo TRX-PERPlong | 0.000% | +0.0072% | 1h | $33K | — | 3x | |
| edgeX TRXUSDC | +0.005% | +0.0100% | 4h | $587K | $479K | 20x | as long as short |
| BloFin TRX-USDT | +0.017% | +0.0092% | 8h | $4.0M | $3.8M | 50x | as long as short |
| HTX TRX-USDT | +0.021% | −0.0366% | 8h | $873K | $544K | 75x | as long as short |
| Reya TRXRUSDPERP | +0.034% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Extended TRX-USD | +0.034% | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.045% | +0.0085% | 8h | $8K | $333 | 20x | as long as short |
| Backpack TRX_USDC_PERP | +0.046% | −0.0208% | 1h | $60K | $4K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.046% | +0.0072% | 8h | $15K | $200K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | +0.053% | −0.0243% | 8h | $1.1M | $408K | 75x | as long as short |
| SunX TRX-USDT | +0.053% | +0.0100% | 8h | $196K | $989K | 30x | as long as short |
| ApeX Omni TRXUSDT | +0.066% | +0.0100% | 1h | $115K | $548K | 50x | as long as short |
| Phemex TRXUSDT | +0.066% | +0.0008% | 8h | $3.7M | $1.5M | 50x | as long as short |
| OKX TRX-USDT-SWAP | +0.069% | −0.0012% | 8h | $15.5M | $9.2M | 50x | as long as short |
| MEXC TRX_USDT | +0.069% | −0.0027% | 8h | $17.3M | $1.7M | 200x | as long as short |
| SoDEX TRX-USD | +0.072% | −0.0074% | 1h | $409 | $5K | 5x | as long as short |
| Variational Omni TRX | +0.073% | +0.0037% | 8h | $559K | $36K | — | as long as short |
| Gate TRX_USDT | +0.075% | −0.0034% | 8h | $9.6M | $2.2M | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.078% | L +0.0343% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| BingX TRX-USDT | +0.084% | +0.0100% | 8h | — | $11.3M | — | as long as short |
| Bitget TRXUSDT | +0.087% | +0.0100% | 8h | $9.4M | $2.0M | 75x | as long as short |
| dYdX TRX-USD | +0.089% | +0.0382% | 1h | $187K | $3K | 10x | as long as short |
| Bybit TRXUSDTshort | +0.090% | +0.0038% | 8h | $54.7M | $7.9M | 75x | |
| gTrade (Gains Network) TRX/USD | +0.090% | L +0.0003% / S −0.0008% | 1h | $115K | — | 150x | as long as short |
| Binance TRXUSDT | +0.092% | −0.0028% | 8h | $100.0M | $51.7M | 75x | as long as short |
| KuCoin TRXUSDTM | +0.098% | +0.0095% | 8h | $8.2M | $3.3M | 75x | as long as short |
| Lighter TRX | +0.104% | +0.0096% | 1h | $518K | $502K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.105% | +0.0191% | 1h | $1.8M | $700K | 25x | as long as short |
| Phoenix TRX | +0.130% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Hyperliquid TRX | +0.141% | +0.0100% | 1h | $13.3M | $2.2M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.152% | +0.0066% | 1h | $781K | $259K | 25x | as long as short |