After costs, if the gap returns to its 7d average, $10k−$29
spread now−0.026%7d average−0.011%fees + slippage, in and out−$27spread needed0.273%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRX-USDT | 0.3448 | 0.0100 | pay 0.0100% / 8h | 7h 31m | — | $35.3M | — |
| Short | Bybit TRXUSDT | 0.3447 | −0.0033 | pay 0.0033% / 8h | 7h 31m | $54.7M | $7.7M | 75x |
BingX TRX-USDT
Bybit TRXUSDTPrice 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
- −$2.61
- Funding while held
- −$3.99
- Slippage, 4 orders
- −$6.25
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.85
- Spread needed to break even
- 0.273%
Slippage from BingX: live order book, 14 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0133%
- Per $10,000 a day
- −$3.99
- 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 BingX live order book, 14 min ago | 0.44 bp | 5.4 bp −$5 | 5.9 bp −$59 | 10.3 bp −$1,033 | 17.1 bp −$8,532 |
| Sell Bybit live order book, 4 min ago | 1.45 bp | 8.8 bp −$9 | 11.0 bp −$110 | 55.2 bp −$5,522 | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestApeX Omni0.3445+0.505%Variational Omni0.3445+0.507%Aevo0.3446+0.515%SunX0.3446+0.529%edgeX0.3446+0.532%HTX0.3447+0.549%
Injective
ApeX Omni
Variational Omni
Aevo
SunX
HTXBybit0.3447+0.554%
Phoenix0.3447+0.557%Binance0.3447+0.560%Extended0.3447+0.566%Backpack0.3448+0.569%Reya0.3448+0.569%Paradex0.3448+0.571%Aster0.3448+0.572%MEXC0.3448+0.572%SoDEX0.3448+0.572%Phemex0.3448+0.572%BloFin0.3448+0.572%Lighter0.3448+0.578%OKX0.3448+0.581%Bitget0.3448+0.581%
Phoenix
Binance
Extended
Backpack
Reya
Paradex
Aster
MEXC
SoDEX
Phemex
BloFin
Lighter
OKX
BitgetBingX0.3448+0.581%
Orderly0.3448+0.581%Gate0.3448+0.583%dYdX0.3449+0.609%KuCoin0.3449+0.613%Hyperliquid0.3450+0.630%GMX0.3450+0.631%gTrade (Gains Network)0.3450+0.646%Kraken Futures0.3451+0.663%Deribit0.3452+0.686%
Orderly
Gate
dYdX
KuCoin
Hyperliquid
GMX
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 | −0.577% | +0.0033% | 1h | $1K | $70K | 12x | as long as short |
| ApeX Omni TRXUSDT | −0.075% | +0.0100% | 1h | $115K | $552K | 50x | as long as short |
| Variational Omni TRX | −0.073% | +0.0065% | 8h | $560K | $35K | — | as long as short |
| Aevo TRX-PERP | −0.065% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| SunX TRX-USDT | −0.051% | +0.0100% | 8h | $196K | $850K | 30x | as long as short |
| edgeX TRXUSDC | −0.048% | +0.0100% | 4h | $588K | $452K | 20x | as long as short |
| HTX TRX-USDT | −0.032% | −0.0021% | 8h | $836K | $625K | 75x | as long as short |
| Bybit TRXUSDTshort | −0.026% | −0.0033% | 8h | $54.7M | $7.7M | 75x | |
| Phoenix TRX | −0.023% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| Binance TRXUSDT | −0.020% | +0.0006% | 8h | $100.7M | $51.4M | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended TRX-USD | −0.014% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
| Backpack TRX_USDC_PERP | −0.012% | −0.0133% | 1h | $60K | $4K | 10x | as long as short |
| Reya TRXRUSDPERP | −0.011% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Paradex TRX-USD-PERP | −0.010% | +0.0077% | 8h | $8K | $333 | 20x | as long as short |
| Aster TRXUSDT | −0.009% | −0.0167% | 8h | $915K | $581K | 75x | as long as short |
| MEXC TRX_USDT | −0.009% | +0.0006% | 8h | $17.4M | $1.7M | 200x | as long as short |
| SoDEX TRX-USD | −0.009% | −0.0088% | 1h | $408 | $5K | 5x | as long as short |
| Phemex TRXUSDT | −0.009% | +0.0010% | 8h | $3.7M | $1.5M | 50x | as long as short |
| BloFin TRX-USDT | −0.009% | +0.0023% | 8h | $4.6M | $3.9M | 50x | as long as short |
| Lighter TRX | −0.003% | +0.0096% | 1h | $449K | $562K | 10x | as long as short |
| OKX TRX-USDT-SWAP | 0.000% | +0.0034% | 8h | $15.6M | $8.6M | 50x | as long as short |
| Bitget TRXUSDT | 0.000% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| BingX TRX-USDTlong | 0.000% | +0.0100% | 8h | — | $35.3M | — | |
| Orderly PERP_TRX_USDC | 0.000% | +0.0084% | 8h | $15K | $113K | 20x | as long as short |
| Gate TRX_USDT | +0.003% | +0.0100% | 8h | $9.7M | $2.4M | 75x | as long as short |
| dYdX TRX-USD | +0.028% | 0.0000% | 1h | $186K | $3K | 10x | as long as short |
| KuCoin TRXUSDTM | +0.032% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| Hyperliquid TRX | +0.049% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.050% | L +0.0339% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.065% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.082% | +0.0116% | 1h | $1.9M | $902K | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.105% | +0.0304% | 1h | $797K | $405K | 25x | as long as short |