Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d average−0.059%if it closes, per $10,000$3funding while held, a day+$0.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3440 | −0.0011 | get 0.0011% / 8h | 6h 35m | $100.0M | $50.3M | 75x |
| Short | Variational Omni TRX | 0.3439 | 0.0017 | get 0.0017% / 8h | 6h 35m | $558K | $35K | — |
Binance TRXUSDT
Variational Omni 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
- −$2.53
- Funding while held
- $0.83
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$11.71
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 9 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0028%
- Per $10,000 a day
- +$0.83
- 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, 9 min ago | 0.14 bp | 5.1 bp −$5 | 7.2 bp −$72 | 28.8 bp −$2,879 | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 5.82 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestAevo0.3438+0.283%Bybit0.3438+0.292%Bitget0.3438+0.292%HTX0.3438+0.299%Extended0.3438+0.300%Aster0.3438+0.300%BingX0.3438+0.306%Reya0.3439+0.308%OKX0.3439+0.309%
Injective
Aevo
Bybit
Bitget
HTX
Extended
Aster
BingX
Reya
OKXVariational Omni0.3439+0.312%
edgeX0.3439+0.326%SoDEX0.3439+0.327%Gate0.3439+0.333%Backpack0.3439+0.333%Paradex0.3440+0.336%
SoDEX
Gate
Backpack
ParadexBinance0.3440+0.337%
Lighter0.3440+0.338%MEXC0.3440+0.338%Phemex0.3440+0.341%Phoenix0.3440+0.347%Orderly0.3440+0.347%KuCoin0.3440+0.356%BloFin0.3440+0.356%SunX0.3441+0.372%Hyperliquid0.3441+0.382%dYdX0.3441+0.388%GMX0.3441+0.390%ApeX Omni0.3441+0.391%gTrade (Gains Network)0.3442+0.394%Kraken Futures0.3442+0.410%Deribit0.3443+0.443%
Lighter
MEXC
Phemex
Phoenix
Orderly
KuCoin
BloFin
SunX
Hyperliquid
dYdX
GMX
ApeX Omni
gTrade (Gains Network)
Kraken Futures
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 | −0.336% | +0.0033% | 1h | $1K | $42K | 12x | as long as short |
| Aevo TRX-PERP | −0.054% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Bybit TRXUSDT | −0.045% | −0.0193% | 8h | $54.6M | $7.6M | 75x | as long as short |
| Bitget TRXUSDT | −0.045% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| HTX TRX-USDT | −0.038% | −0.0080% | 8h | $834K | $633K | 75x | as long as short |
| Extended TRX-USD | −0.037% | −0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
| Aster TRXUSDT | −0.037% | −0.0147% | 8h | $913K | $583K | 75x | as long as short |
| BingX TRX-USDC | −0.031% | −0.0160% | 8h | — | $6.5M | — | as long as short |
| Reya TRXRUSDPERP | −0.029% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| OKX TRX-USDT-SWAP | −0.028% | +0.0018% | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni TRXshort | −0.025% | +0.0017% | 8h | $558K | $35K | — | |
| edgeX TRXUSDC | −0.012% | +0.0100% | 4h | $587K | $447K | 20x | as long as short |
| SoDEX TRX-USD | −0.010% | −0.0145% | 1h | $408 | $5K | 5x | as long as short |
| Gate TRX_USDT | −0.005% | +0.0098% | 8h | $9.6M | $2.4M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.005% | −0.0131% | 1h | $60K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERP | −0.001% | +0.0040% | 8h | $8K | $333 | 20x | as long as short |
| Binance TRXUSDTlong | 0.000% | −0.0011% | 8h | $100.0M | $50.3M | 75x | |
| Lighter TRX | +0.001% | +0.0072% | 1h | $445K | $565K | 10x | as long as short |
| MEXC TRX_USDT | +0.001% | −0.0010% | 8h | $17.0M | $1.7M | 200x | as long as short |
| Phemex TRXUSDT | +0.004% | −0.0024% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Phoenix TRX | +0.010% | −0.0116% | 1h | $5K | $13K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.010% | +0.0083% | 8h | $15K | $110K | 20x | as long as short |
| KuCoin TRXUSDTM | +0.019% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| BloFin TRX-USDT | +0.019% | +0.0109% | 8h | $4.6M | $3.9M | 50x | as long as short |
| SunX TRX-USDT | +0.035% | +0.0100% | 8h | $196K | $862K | 30x | as long as short |
| Hyperliquid TRX | +0.045% | +0.0100% | 1h | $13.1M | $2.1M | 10x | as long as short |
| dYdX TRX-USD | +0.051% | +0.0146% | 1h | $186K | $3K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.052% | L +0.0338% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| ApeX Omni TRXUSDT | +0.053% | +0.0100% | 1h | $115K | $536K | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.057% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.072% | −0.0158% | 1h | $1.8M | $895K | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.105% | +0.0276% | 1h | $815K | $401K | 25x | as long as short |