After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.093%7d average+0.070%fees + slippage, in and out−$22spread needed0.218%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRX-USDT | 0.3455 | −0.0001 | get 0.0001% / 8h | 11m 41s | — | $35.3M | — |
| Short | Deribit TRX_USDC-PERPETUAL | 0.3458 | 0.0164 | get 0.0020% / 1h | 11m 41s | $792K | $397K | 25x |
BingX TRX-USDT
Deribit TRX_USDC-PERPETUALPrice 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
- $9.32
- Funding while held
- $4.94
- Slippage, 4 orders
- −$4.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$7.5
- Spread needed to break even
- 0.218%
Slippage from BingX: live order book, 4 min ago; Deribit: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0165%
- Per $10,000 a day
- +$4.94
- 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, 4 min ago | 0.43 bp | 6.5 bp −$6 | 7.8 bp −$78 | 16.3 bp −$1,627 | 38.6 bp −$19.3K |
| Sell Deribit live order book, 39 min ago | 1.16 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestVariational Omni0.3451+0.677%SunX0.3453+0.730%Aevo0.3453+0.741%Phoenix0.3454+0.756%Backpack0.3454+0.758%Reya0.3454+0.761%HTX0.3454+0.761%Bybit0.3454+0.767%Extended0.3455+0.779%edgeX0.3455+0.782%Bitget0.3455+0.782%SoDEX0.3455+0.782%Phemex0.3455+0.782%Paradex0.3455+0.783%
Injective
Variational Omni
SunX
Aevo
Phoenix
Backpack
Reya
HTX
Bybit
Extended
Bitget
SoDEX
Phemex
ParadexBingX0.3455+0.793%
Orderly0.3455+0.793%Lighter0.3455+0.799%OKX0.3455+0.799%MEXC0.3455+0.799%Binance0.3456+0.802%Gate0.3456+0.802%ApeX Omni0.3456+0.808%BloFin0.3456+0.808%Aster0.3456+0.820%GMX0.3456+0.824%KuCoin0.3456+0.826%gTrade (Gains Network)0.3457+0.833%dYdX0.3457+0.839%Kraken Futures0.3457+0.841%Hyperliquid0.3457+0.855%
Orderly
Lighter
OKX
MEXC
Binance
Gate
ApeX Omni
BloFin
Aster
GMX
KuCoin
gTrade (Gains Network)
dYdX
Kraken Futures
HyperliquidDeribit0.3458+0.887%
TRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.787% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| Variational Omni TRX | −0.116% | +0.0088% | 8h | $560K | $35K | — | as long as short |
| SunX TRX-USDT | −0.063% | +0.0100% | 8h | $196K | $832K | 30x | as long as short |
| Aevo TRX-PERP | −0.052% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Phoenix TRX | −0.038% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.035% | −0.0101% | 1h | $60K | $4K | 10x | as long as short |
| Reya TRXRUSDPERP | −0.032% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| HTX TRX-USDT | −0.032% | −0.0279% | 8h | $838K | $624K | 75x | as long as short |
| Bybit TRXUSDT | −0.026% | +0.0055% | 8h | $54.8M | $8.0M | 75x | as long as short |
| Extended TRX-USD | −0.015% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX TRXUSDC | −0.012% | +0.0100% | 4h | $589K | $455K | 20x | as long as short |
| Bitget TRXUSDT | −0.012% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| SoDEX TRX-USD | −0.012% | +0.0072% | 1h | $408 | $5K | 5x | as long as short |
| Phemex TRXUSDT | −0.012% | +0.0044% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Paradex TRX-USD-PERP | −0.010% | +0.0090% | 8h | $8K | $333 | 20x | as long as short |
| BingX TRX-USDTlong | 0.000% | −0.0001% | 8h | — | $35.3M | — | |
| Orderly PERP_TRX_USDC | 0.000% | +0.0080% | 8h | $15K | $151K | 20x | as long as short |
| Lighter TRX | +0.006% | +0.0096% | 1h | $452K | $587K | 10x | as long as short |
| OKX TRX-USDT-SWAP | +0.006% | +0.0018% | 8h | $15.7M | $8.9M | 50x | as long as short |
| MEXC TRX_USDT | +0.006% | +0.0004% | 8h | $17.5M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.009% | +0.0004% | 8h | $101.2M | $51.2M | 75x | as long as short |
| Gate TRX_USDT | +0.009% | +0.0040% | 8h | $9.7M | $2.5M | 75x | as long as short |
| ApeX Omni TRXUSDT | +0.014% | +0.0100% | 1h | $115K | $548K | 50x | as long as short |
| BloFin TRX-USDT | +0.014% | +0.0041% | 8h | $4.7M | $3.9M | 50x | as long as short |
| Aster TRXUSDT | +0.026% | −0.0171% | 8h | $930K | $556K | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.030% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| KuCoin TRXUSDTM | +0.032% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.039% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| dYdX TRX-USD | +0.045% | +0.0077% | 1h | $187K | $3K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.047% | +0.0426% | 1h | $1.9M | $924K | 25x | as long as short |
| Hyperliquid TRX | +0.061% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUALshort | +0.093% | +0.0164% | 1h | $792K | $397K | 25x |