Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average—if it closes, per $10,000$1funding while held, a day−$0.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TRX_USDC_PERP | 0.3447 | −0.0175 | get 0.0022% / 1h | 56m 45s | $60K | $4K | 10x |
| Short | SoDEX TRX-USD | 0.3448 | −0.0177 | pay 0.0022% / 1h | 56m 45s | $408 | $5K | 5x |
Backpack TRX_USDC_PERP
SoDEX TRX-USDPrice 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
- $1.45
- Funding while held
- −$0.06
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$16.61
- Spread needed to break even
- 0.180%
Slippage unknown: Backpack: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.06
- 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 Backpack no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Backpack and SoDEX: 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.Injective0.3428cheapestSunX0.3446+0.512%Aevo0.3446+0.522%HTX0.3446+0.538%edgeX0.3447+0.552%
Injective
SunX
Aevo
HTXBackpack0.3447+0.560%
ApeX Omni0.3447+0.560%Aster0.3447+0.562%Reya0.3447+0.562%Paradex0.3447+0.567%Extended0.3448+0.569%BloFin0.3448+0.572%MEXC0.3448+0.575%
ApeX Omni
Aster
Reya
Paradex
Extended
BloFin
MEXCSoDEX0.3448+0.575%
Variational Omni0.3448+0.582%Lighter0.3448+0.583%Phemex0.3448+0.595%Bybit0.3448+0.598%Binance0.3449+0.599%OKX0.3449+0.601%BingX0.3449+0.604%Phoenix0.3449+0.604%Gate0.3449+0.610%GMX0.3449+0.612%Bitget0.3449+0.613%Orderly0.3449+0.613%gTrade (Gains Network)0.3449+0.619%dYdX0.3449+0.626%Kraken Futures0.3450+0.642%Hyperliquid0.3450+0.642%KuCoin0.3450+0.648%Deribit0.3451+0.665%
Variational Omni
Lighter
Phemex
Bybit
Binance
OKX
BingX
Phoenix
Gate
GMX
Bitget
Orderly
gTrade (Gains Network)
dYdX
Kraken Futures
Hyperliquid
KuCoin
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 | −0.557% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| SunX TRX-USDT | −0.048% | +0.0100% | 8h | $196K | $835K | 30x | as long as short |
| Aevo TRX-PERP | −0.038% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| HTX TRX-USDT | −0.022% | −0.0336% | 8h | $862K | $532K | 75x | as long as short |
| edgeX TRXUSDC | −0.008% | +0.0100% | 4h | $588K | $449K | 20x | as long as short |
| Backpack TRX_USDC_PERPlong | 0.000% | −0.0175% | 1h | $60K | $4K | 10x | |
| ApeX Omni TRXUSDT | 0.000% | +0.0100% | 1h | $115K | $544K | 50x | as long as short |
| Aster TRXUSDT | +0.002% | −0.0250% | 8h | $945K | $540K | 75x | as long as short |
| Reya TRXRUSDPERP | +0.002% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.007% | +0.0093% | 8h | $8K | $333 | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended TRX-USD | +0.009% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| BloFin TRX-USDT | +0.012% | +0.0104% | 8h | $4.7M | $3.7M | 50x | as long as short |
| MEXC TRX_USDT | +0.015% | −0.0015% | 8h | $17.5M | $1.7M | 200x | as long as short |
| SoDEX TRX-USDshort | +0.015% | −0.0177% | 1h | $408 | $5K | 5x | |
| Variational Omni TRX | +0.022% | +0.0094% | 8h | $559K | $35K | — | as long as short |
| Lighter TRX | +0.023% | +0.0096% | 1h | $446K | $576K | 10x | as long as short |
| Phemex TRXUSDT | +0.035% | +0.0027% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Bybit TRXUSDT | +0.038% | +0.0070% | 8h | $54.7M | $7.5M | 75x | as long as short |
| Binance TRXUSDT | +0.039% | −0.0016% | 8h | $100.2M | $48.2M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.041% | −0.0005% | 8h | $15.5M | $8.8M | 50x | as long as short |
| BingX TRX-USDC | +0.044% | −0.0015% | 8h | — | $6.5M | — | as long as short |
| Phoenix TRX | +0.044% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Gate TRX_USDT | +0.049% | −0.0003% | 8h | $9.7M | $2.2M | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.052% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| Bitget TRXUSDT | +0.052% | +0.0100% | 8h | $9.5M | $2.0M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.052% | +0.0077% | 8h | $15K | $200K | 20x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.059% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| dYdX TRX-USD | +0.065% | +0.0318% | 1h | $187K | $3K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.081% | +0.0427% | 1h | $1.8M | $794K | 25x | as long as short |
| Hyperliquid TRX | +0.081% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTM | +0.087% | +0.0100% | 8h | $8.7M | $3.4M | 75x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.104% | +0.0014% | 1h | $791K | $357K | 25x | as long as short |