After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.011%7d average−0.003%fees + slippage, in and out−$33spread needed0.326%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3436 | −0.0020 | get 0.0020% / 8h | 5h 14m | $99.1M | $50.8M | 75x |
| Short | Gate TRX_USDT | 0.3437 | 0.0057 | get 0.0057% / 8h | 5h 14m | $9.6M | $2.5M | 75x |
Binance TRXUSDT
Gate TRX_USDTPrice 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
- $1.15
- Funding while held
- $2.31
- Slippage, 4 orders
- −$7.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$29.18
- Spread needed to break even
- 0.326%
Slippage from Binance: live order book, 15 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0077%
- Per $10,000 a day
- +$2.31
- 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 Binance live order book, 15 min ago | 0.14 bp | 5.4 bp −$5 | 8.5 bp −$85 | 26.0 bp −$2,600 | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.58 bp | 10.5 bp −$10 | 24.2 bp −$242 | 37.0 bp −$3,702 | 63.9 bp −$32.0K |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.3435cheapestAevo0.3436+0.006%Extended0.3436+0.008%Bitget0.3436+0.009%HTX0.3436+0.009%Variational Omni0.3436+0.009%Reya0.3436+0.014%Lighter0.3436+0.015%BingX0.3436+0.015%OKX0.3436+0.017%Paradex0.3436+0.018%KuCoin0.3436+0.020%Backpack0.3436+0.023%
Bybit
Aevo
Extended
Bitget
HTX
Variational Omni
Reya
Lighter
BingX
OKX
Paradex
KuCoin
BackpackBinance0.3436+0.026%
MEXC0.3436+0.029%SoDEX0.3436+0.029%BloFin0.3436+0.029%Aster0.3436+0.032%Phemex0.3437+0.035%
MEXC
SoDEX
BloFin
Aster
PhemexGate0.3437+0.038%
edgeX0.3437+0.054%Orderly0.3437+0.061%ApeX Omni0.3438+0.073%Phoenix0.3438+0.082%dYdX0.3438+0.087%GMX0.3438+0.091%Hyperliquid0.3439+0.096%gTrade (Gains Network)0.3439+0.100%Kraken Futures0.3439+0.104%Injective0.3439+0.108%SunX0.3440+0.137%Deribit0.3440+0.148%
Orderly
ApeX Omni
Phoenix
dYdX
GMX
Hyperliquid
gTrade (Gains Network)
Kraken Futures
Injective
SunX
DeribitTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit TRXUSDT | −0.026% | −0.0164% | 8h | $54.6M | $7.6M | 75x | as long as short |
| Aevo TRX-PERP | −0.020% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| Extended TRX-USD | −0.018% | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
| Bitget TRXUSDT | −0.018% | +0.0085% | 8h | $9.4M | $2.1M | 75x | as long as short |
| HTX TRX-USDT | −0.018% | −0.0058% | 8h | $827K | $654K | 75x | as long as short |
| Variational Omni TRX | −0.017% | −0.0055% | 8h | $558K | $34K | — | as long as short |
| Reya TRXRUSDPERP | −0.012% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Lighter TRX | −0.012% | 0.0000% | 1h | $485K | $614K | 10x | as long as short |
| BingX TRX-USDC | −0.012% | −0.0168% | 8h | — | $6.5M | — | as long as short |
| OKX TRX-USDT-SWAP | −0.009% | +0.0005% | 8h | $15.5M | $8.7M | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | −0.008% | +0.0012% | 8h | $8K | $333 | 20x | as long as short |
| KuCoin TRXUSDTM | −0.006% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.003% | −0.0266% | 1h | $60K | $4K | 10x | as long as short |
| Binance TRXUSDTlong | 0.000% | −0.0020% | 8h | $99.1M | $50.8M | 75x | |
| MEXC TRX_USDT | +0.003% | −0.0020% | 8h | $17.0M | $1.7M | 200x | as long as short |
| SoDEX TRX-USD | +0.003% | −0.0079% | 1h | $401 | $5K | 5x | as long as short |
| BloFin TRX-USDT | +0.003% | +0.0100% | 8h | $4.7M | $3.9M | 50x | as long as short |
| Aster TRXUSDT | +0.006% | −0.0111% | 8h | $913K | $589K | 75x | as long as short |
| Phemex TRXUSDT | +0.009% | +0.0013% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Gate TRX_USDTshort | +0.011% | +0.0057% | 8h | $9.6M | $2.5M | 75x | |
| edgeX TRXUSDC | +0.028% | +0.0100% | 4h | $586K | $448K | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.035% | +0.0083% | 8h | $14K | $107K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.046% | +0.0100% | 1h | $115K | $532K | 50x | as long as short |
| Phoenix TRX | +0.055% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | +0.061% | +0.0092% | 1h | $186K | $3K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.064% | L +0.0337% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| Hyperliquid TRX | +0.070% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.074% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.077% | −0.0044% | 1h | $1.8M | $884K | 25x | as long as short |
| Injective TRX/USDC PERP | +0.081% | +0.0033% | 1h | $1K | $71K | 12x | as long as short |
| SunX TRX-USDT | +0.111% | +0.0100% | 8h | $196K | $895K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.122% | +0.0230% | 1h | $829K | $378K | 25x | as long as short |