After costs, if the gap returns to its 7d average, $10k−$38
spread now−0.023%7d average−0.010%fees + slippage, in and out−$36spread needed0.364%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TRXUSDT | 0.3441 | 0.0100 | pay 0.0013% / 1h | 18m 46s | $115K | $535K | 50x |
| Short | Lighter TRX | 0.3441 | 0.0096 | get 0.0012% / 1h | 18m 46s | $453K | $579K | 10x |
ApeX Omni TRXUSDT
Lighter TRXPrice 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
- −$2.32
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$26.41
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$38.85
- Spread needed to break even
- 0.364%
Slippage from ApeX Omni: live order book, 20 min ago; Lighter: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 ApeX Omni live order book, 20 min ago | 4.94 bp | 13.0 bp −$13 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 13 min ago | 1.02 bp | 2.5 bp −$2 | 9.9 bp −$99 | 38.1 bp −$3,812 | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestHTX0.3438+0.301%Aevo0.3439+0.313%Variational Omni0.3439+0.315%Bybit0.3439+0.327%Bitget0.3439+0.333%OKX0.3440+0.338%Extended0.3440+0.342%Reya0.3440+0.346%BingX0.3440+0.347%Phoenix0.3440+0.347%Aster0.3440+0.348%edgeX0.3440+0.352%SoDEX0.3440+0.353%BloFin0.3440+0.356%Gate0.3440+0.362%MEXC0.3440+0.362%Binance0.3440+0.363%
Injective
HTX
Aevo
Variational Omni
Bybit
Bitget
OKX
Extended
Reya
BingX
Phoenix
Aster
SoDEX
BloFin
Gate
MEXC
BinanceLighter0.3441+0.368%
Phemex0.3441+0.368%Backpack0.3441+0.370%Paradex0.3441+0.373%Orderly0.3441+0.379%KuCoin0.3441+0.385%
Phemex
Backpack
Paradex
Orderly
KuCoinApeX Omni0.3441+0.391%
dYdX0.3441+0.392%Hyperliquid0.3442+0.409%GMX0.3442+0.419%gTrade (Gains Network)0.3443+0.426%Kraken Futures0.3443+0.442%SunX0.3443+0.445%Deribit0.3444+0.473%
dYdX
Hyperliquid
GMX
gTrade (Gains Network)
Kraken Futures
SunX
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 | −0.389% | +0.0033% | 1h | $1K | $42K | 12x | as long as short |
| HTX TRX-USDT | −0.089% | −0.0101% | 8h | $834K | $647K | 75x | as long as short |
| Aevo TRX-PERP | −0.078% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Variational Omni TRX | −0.076% | −0.0005% | 8h | $558K | $35K | — | as long as short |
| Bybit TRXUSDT | −0.064% | −0.0170% | 8h | $54.6M | $7.6M | 75x | as long as short |
| Bitget TRXUSDT | −0.058% | +0.0100% | 8h | $9.4M | $2.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | −0.052% | +0.0009% | 8h | $15.5M | $8.7M | 50x | as long as short |
| Extended TRX-USD | −0.049% | −0.0016% | 1h | $194K | $1.1M | 25x | as long as short |
| Reya TRXRUSDPERP | −0.045% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| BingX TRX-USDT | −0.044% | −0.0181% | 8h | — | $35.3M | — | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix TRX | −0.044% | −0.0116% | 1h | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.043% | −0.0138% | 8h | $913K | $583K | 75x | as long as short |
| edgeX TRXUSDC | −0.039% | +0.0100% | 4h | $587K | $447K | 20x | as long as short |
| SoDEX TRX-USD | −0.038% | −0.0156% | 1h | $406 | $5K | 5x | as long as short |
| BloFin TRX-USDT | −0.035% | +0.0104% | 8h | $4.6M | $3.9M | 50x | as long as short |
| Gate TRX_USDT | −0.029% | +0.0076% | 8h | $9.6M | $2.4M | 75x | as long as short |
| MEXC TRX_USDT | −0.029% | −0.0016% | 8h | $17.0M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | −0.028% | −0.0016% | 8h | $100.0M | $49.9M | 75x | as long as short |
| Lighter TRXshort | −0.023% | +0.0096% | 1h | $453K | $579K | 10x | |
| Phemex TRXUSDT | −0.023% | −0.0032% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Backpack TRX_USDC_PERP | −0.020% | −0.0097% | 1h | $60K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERP | −0.018% | +0.0043% | 8h | $8K | $333 | 20x | as long as short |
| Orderly PERP_TRX_USDC | −0.012% | +0.0082% | 8h | $15K | $110K | 20x | as long as short |
| KuCoin TRXUSDTM | −0.006% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| ApeX Omni TRXUSDTlong | 0.000% | +0.0100% | 1h | $115K | $535K | 50x | |
| dYdX TRX-USD | +0.001% | +0.0246% | 1h | $186K | $3K | 10x | as long as short |
| Hyperliquid TRX | +0.018% | +0.0100% | 1h | $13.1M | $2.1M | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.028% | L +0.0338% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.035% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.051% | −0.0158% | 1h | $1.8M | $887K | 25x | as long as short |
| SunX TRX-USDT | +0.054% | +0.0100% | 8h | $196K | $863K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.082% | +0.0197% | 1h | $824K | $410K | 25x | as long as short |