Spread before costs (cost unknown: a leg has no order-book sample)+0.042%
7d average—if it closes, per $10,000$4funding while held, a day−$3.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3438 | −0.0019 | get 0.0019% / 8h | 4h 56m | $99.3M | $50.7M | 75x |
| Short | Injective TRX/USDC PERP | 0.3439 | −0.0135 | pay 0.0017% / 1h | 56m 15s | $1K | $52K | 12x |
Binance TRXUSDT
Injective TRX/USDC PERPPrice 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
- $4.2
- Funding while held
- −$3.48
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$9.3
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0116%
- Per $10,000 a day
- −$3.48
- 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, 3 min ago | 0.14 bp | 5.2 bp −$5 | 7.3 bp −$73 | 29.9 bp −$2,991 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Aevo0.3435cheapestHTX0.3436+0.015%Bybit0.3436+0.019%KuCoin0.3436+0.025%Extended0.3436+0.028%Lighter0.3437+0.033%Reya0.3437+0.034%Variational Omni0.3437+0.036%Bitget0.3437+0.036%BingX0.3437+0.042%Aster0.3437+0.045%Backpack0.3437+0.048%Paradex0.3437+0.049%Gate0.3437+0.051%edgeX0.3437+0.052%OKX0.3437+0.054%MEXC0.3437+0.054%SoDEX0.3437+0.054%Phemex0.3437+0.054%BloFin0.3437+0.057%Orderly0.3437+0.060%
Aevo
HTX
Bybit
KuCoin
Extended
Lighter
Reya
Variational Omni
Bitget
BingX
Aster
Backpack
Paradex
Gate
OKX
MEXC
SoDEX
Phemex
BloFin
OrderlyBinance0.3438+0.064%
ApeX Omni0.3438+0.071%dYdX0.3438+0.090%GMX0.3439+0.095%Phoenix0.3439+0.100%gTrade (Gains Network)0.3439+0.106%
ApeX Omni
dYdX
GMX
Phoenix
gTrade (Gains Network)Injective0.3439+0.106%
Hyperliquid0.3439+0.121%Kraken Futures0.3440+0.123%SunX0.3441+0.155%Deribit0.3441+0.167%
Hyperliquid
Kraken Futures
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 | −0.064% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| HTX TRX-USDT | −0.049% | −0.0041% | 8h | $827K | $655K | 75x | as long as short |
| Bybit TRXUSDT | −0.045% | −0.0152% | 8h | $54.6M | $7.6M | 75x | as long as short |
| KuCoin TRXUSDTM | −0.039% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| Extended TRX-USD | −0.036% | −0.0016% | 1h | $194K | $1.1M | 25x | as long as short |
| Lighter TRX | −0.031% | +0.0016% | 1h | $484K | $614K | 10x | as long as short |
| Reya TRXRUSDPERP | −0.031% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Variational Omni TRX | −0.028% | −0.0063% | 8h | $558K | $34K | — | as long as short |
| Bitget TRXUSDT | −0.028% | +0.0070% | 8h | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDC | −0.022% | −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 | |
|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.019% | −0.0101% | 8h | $913K | $589K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.016% | −0.0221% | 1h | $60K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERP | −0.016% | +0.0016% | 8h | $8K | $333 | 20x | as long as short |
| Gate TRX_USDT | −0.013% | +0.0058% | 8h | $9.6M | $2.4M | 75x | as long as short |
| edgeX TRXUSDC | −0.012% | +0.0100% | 4h | $586K | $445K | 20x | as long as short |
| OKX TRX-USDT-SWAP | −0.010% | +0.0008% | 8h | $15.5M | $8.5M | 50x | as long as short |
| MEXC TRX_USDT | −0.010% | −0.0018% | 8h | $17.0M | $1.6M | 200x | as long as short |
| SoDEX TRX-USD | −0.010% | +0.0030% | 1h | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | −0.010% | +0.0036% | 8h | $3.7M | $1.5M | 50x | as long as short |
| BloFin TRX-USDT | −0.007% | +0.0101% | 8h | $4.7M | $3.9M | 50x | as long as short |
| Orderly PERP_TRX_USDC | −0.005% | +0.0082% | 8h | $14K | $107K | 20x | as long as short |
| Binance TRXUSDTlong | 0.000% | −0.0019% | 8h | $99.3M | $50.7M | 75x | |
| ApeX Omni TRXUSDT | +0.007% | +0.0100% | 1h | $115K | $531K | 50x | as long as short |
| dYdX TRX-USD | +0.026% | +0.0611% | 1h | $186K | $3K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.031% | L +0.0337% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| Phoenix TRX | +0.036% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.042% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Injective TRX/USDC PERPshort | +0.042% | −0.0135% | 1h | $1K | $52K | 12x | |
| Hyperliquid TRX | +0.056% | +0.0100% | 1h | $13.1M | $2.2M | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.059% | −0.0045% | 1h | $1.8M | $893K | 25x | as long as short |
| SunX TRX-USDT | +0.091% | +0.0100% | 8h | $196K | $899K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.103% | +0.0334% | 1h | $829K | $369K | 25x | as long as short |