Spread before costs (cost unknown: a leg has no order-book sample)−0.052%
7d average—if it closes, per $10,000$5funding while held, a day−$5.78
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TRXUSDT | 0.3450 | 0.0100 | pay 0.0013% / 1h | 51m 48s | $115K | $546K | 50x |
| Short | Phoenix TRX | 0.3449 | −0.0093 | pay 0.0012% / 1h | 51m 48s | $5K | $5K | 10x |
ApeX Omni TRXUSDT
Phoenix 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
- −$5.22
- Funding while held
- −$5.78
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$28
- Spread needed to break even
- 0.170%
Slippage unknown: ApeX Omni: live order book, 62 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0193%
- Per $10,000 a day
- −$5.78
- 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, 62 min ago | 4.64 bp | 12.7 bp −$13 | 95.8 bp −$958 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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.Injective0.3428cheapestAevo0.3444+0.464%SunX0.3444+0.470%BloFin0.3445+0.487%HTX0.3445+0.494%Paradex0.3445+0.507%Reya0.3446+0.519%SoDEX0.3446+0.528%Phemex0.3446+0.531%dYdX0.3447+0.545%Backpack0.3447+0.548%Extended0.3447+0.549%Orderly0.3447+0.551%GMX0.3447+0.562%gTrade (Gains Network)0.3448+0.572%MEXC0.3448+0.578%Kraken Futures0.3448+0.581%Variational Omni0.3448+0.582%Gate0.3448+0.586%
Injective
Aevo
SunX
BloFin
HTX
Paradex
Reya
SoDEX
Phemex
dYdX
Backpack
Extended
Orderly
GMX
gTrade (Gains Network)
MEXC
Kraken Futures
Variational Omni
GatePhoenix0.3449+0.601%
edgeX0.3449+0.615%Aster0.3449+0.625%Deribit0.3449+0.627%KuCoin0.3450+0.645%
Aster
Deribit
KuCoinApeX Omni0.3450+0.653%
Bybit0.3452+0.686%OKX0.3452+0.703%Binance0.3452+0.706%BingX0.3452+0.709%Lighter0.3453+0.735%Bitget0.3453+0.738%Hyperliquid0.3454+0.764%
Bybit
OKX
Binance
BingX
Lighter
Bitget
HyperliquidTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.649% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| Aevo TRX-PERP | −0.188% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| SunX TRX-USDT | −0.182% | +0.0100% | 8h | $196K | $835K | 30x | as long as short |
| BloFin TRX-USDT | −0.165% | +0.0104% | 8h | $4.7M | $3.7M | 50x | as long as short |
| HTX TRX-USDT | −0.158% | −0.0331% | 8h | $858K | $539K | 75x | as long as short |
| Paradex TRX-USD-PERP | −0.145% | +0.0088% | 8h | $8K | $333 | 20x | as long as short |
| Reya TRXRUSDPERP | −0.133% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| SoDEX TRX-USD | −0.125% | −0.0111% | 1h | $407 | $5K | 5x | as long as short |
| Phemex TRXUSDT | −0.122% | +0.0025% | 8h | $3.7M | $1.5M | 50x | as long as short |
| dYdX TRX-USD | −0.108% | +0.0266% | 1h | $187K | $3K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack TRX_USDC_PERP | −0.104% | −0.0135% | 1h | $60K | $4K | 10x | as long as short |
| Extended TRX-USD | −0.104% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| Orderly PERP_TRX_USDC | −0.101% | +0.0077% | 8h | $15K | $206K | 20x | as long as short |
| GMX TRX/USD [ETH-USDC] | −0.090% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | −0.081% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| MEXC TRX_USDT | −0.075% | −0.0015% | 8h | $17.5M | $1.7M | 200x | as long as short |
| Kraken Futures PF_TRXUSD | −0.072% | +0.0427% | 1h | $1.9M | $853K | 25x | as long as short |
| Variational Omni TRX | −0.071% | +0.0097% | 8h | $559K | $35K | — | as long as short |
| Gate TRX_USDT | −0.067% | +0.0001% | 8h | $9.7M | $2.3M | 75x | as long as short |
| Phoenix TRXshort | −0.052% | −0.0093% | 1h | $5K | $5K | 10x | |
| edgeX TRXUSDC | −0.039% | +0.0100% | 4h | $589K | $450K | 20x | as long as short |
| Aster TRXUSDT | −0.028% | −0.0245% | 8h | $944K | $548K | 75x | as long as short |
| Deribit TRX_USDC-PERPETUAL | −0.027% | +0.0124% | 1h | $801K | $369K | 25x | as long as short |
| KuCoin TRXUSDTM | −0.009% | +0.0100% | 8h | $8.7M | $3.4M | 75x | as long as short |
| ApeX Omni TRXUSDTlong | 0.000% | +0.0100% | 1h | $115K | $546K | 50x | |
| Bybit TRXUSDT | +0.032% | +0.0065% | 8h | $54.8M | $7.8M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.049% | −0.0003% | 8h | $15.6M | $9.0M | 50x | as long as short |
| Binance TRXUSDT | +0.052% | −0.0017% | 8h | $100.1M | $49.0M | 75x | as long as short |
| BingX TRX-USDC | +0.055% | −0.0016% | 8h | — | $6.5M | — | as long as short |
| Lighter TRX | +0.081% | +0.0096% | 1h | $447K | $576K | 10x | as long as short |
| Bitget TRXUSDT | +0.084% | +0.0100% | 8h | $9.5M | $2.0M | 75x | as long as short |
| Hyperliquid TRX | +0.110% | +0.0100% | 1h | $13.3M | $2.2M | 10x | as long as short |