After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.072%7d average−0.001%fees + slippage, in and out−$25spread needed0.252%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TRXUSDT | 0.3437 | −0.0103 | get 0.0103% / 8h | 4h 59m | $913K | $589K | 75x |
| Short | Hyperliquid TRX | 0.3439 | 0.0100 | get 0.0013% / 1h | 59m 33s | $13.1M | $2.2M | 10x |
Aster TRXUSDT
Hyperliquid 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
- $7.17
- Funding while held
- $6.09
- Slippage, 4 orders
- −$8.22
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$11.96
- Spread needed to break even
- 0.252%
Slippage from Aster: live order book, 40 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0203%
- Per $10,000 a day
- +$6.09
- 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 Aster live order book, 40 min ago | 0.14 bp | 7.9 bp −$8 | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.44 bp | 5.4 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Aevo0.3435cheapestHTX0.3436+0.033%Bybit0.3436+0.038%SoDEX0.3436+0.050%Extended0.3436+0.052%Phemex0.3437+0.053%Variational Omni0.3437+0.055%Backpack0.3437+0.056%Reya0.3437+0.056%BingX0.3437+0.062%Bitget0.3437+0.065%Orderly0.3437+0.065%Paradex0.3437+0.065%
Aevo
HTX
Bybit
SoDEX
Extended
Phemex
Variational Omni
Backpack
Reya
BingX
Bitget
Orderly
ParadexAster0.3437+0.066%
Lighter0.3437+0.070%MEXC0.3437+0.070%KuCoin0.3437+0.070%OKX0.3437+0.073%Binance0.3437+0.075%Gate0.3437+0.076%edgeX0.3438+0.086%BloFin0.3438+0.091%dYdX0.3438+0.109%GMX0.3439+0.113%Phoenix0.3439+0.120%Injective0.3439+0.126%gTrade (Gains Network)0.3439+0.129%Kraken Futures0.3439+0.136%
Lighter
MEXC
KuCoin
OKX
Binance
Gate
BloFin
dYdX
GMX
Phoenix
Injective
gTrade (Gains Network)
Kraken FuturesHyperliquid0.3439+0.137%
ApeX Omni0.3440+0.143%SunX0.3440+0.155%Deribit0.3441+0.178%
ApeX Omni
SunX
DeribitTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo TRX-PERP | −0.066% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| HTX TRX-USDT | −0.033% | −0.0044% | 8h | $827K | $655K | 75x | as long as short |
| Bybit TRXUSDT | −0.027% | −0.0156% | 8h | $54.6M | $7.6M | 75x | as long as short |
| SoDEX TRX-USD | −0.016% | −0.0078% | 1h | $402 | $5K | 5x | as long as short |
| Extended TRX-USD | −0.013% | −0.0016% | 1h | $194K | $1.1M | 25x | as long as short |
| Phemex TRXUSDT | −0.013% | +0.0030% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Variational Omni TRX | −0.010% | −0.0063% | 8h | $558K | $34K | — | as long as short |
| Backpack TRX_USDC_PERP | −0.010% | −0.0255% | 1h | $60K | $4K | 10x | as long as short |
| Reya TRXRUSDPERP | −0.009% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| BingX TRX-USDC | −0.004% | −0.0161% | 8h | — | $6.5M | — | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget TRXUSDT | −0.001% | +0.0072% | 8h | $9.4M | $2.0M | 75x | as long as short |
| Orderly PERP_TRX_USDC | −0.001% | +0.0082% | 8h | $14K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | −0.001% | +0.0014% | 8h | $8K | $333 | 20x | as long as short |
| Aster TRXUSDTlong | 0.000% | −0.0103% | 8h | $913K | $589K | 75x | |
| Lighter TRX | +0.005% | 0.0000% | 1h | $484K | $615K | 10x | as long as short |
| MEXC TRX_USDT | +0.005% | −0.0018% | 8h | $17.0M | $1.6M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.005% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.008% | +0.0007% | 8h | $15.5M | $8.7M | 50x | as long as short |
| Binance TRXUSDT | +0.009% | −0.0019% | 8h | $99.2M | $50.8M | 75x | as long as short |
| Gate TRX_USDT | +0.011% | +0.0055% | 8h | $9.6M | $2.4M | 75x | as long as short |
| edgeX TRXUSDC | +0.020% | +0.0100% | 4h | $586K | $447K | 20x | as long as short |
| BloFin TRX-USDT | +0.025% | +0.0101% | 8h | $4.7M | $3.9M | 50x | as long as short |
| dYdX TRX-USD | +0.044% | +0.0212% | 1h | $186K | $3K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.048% | L +0.0337% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| Phoenix TRX | +0.054% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.060% | +0.0033% | 1h | $1K | $71K | 12x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.063% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.070% | −0.0044% | 1h | $1.8M | $892K | 25x | as long as short |
| Hyperliquid TRXshort | +0.072% | +0.0100% | 1h | $13.1M | $2.2M | 10x | |
| ApeX Omni TRXUSDT | +0.078% | +0.0100% | 1h | $115K | $532K | 50x | as long as short |
| SunX TRX-USDT | +0.089% | +0.0100% | 8h | $196K | $899K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.112% | +0.0314% | 1h | $829K | $369K | 25x | as long as short |