After costs, if the gap returns to its 7d average, $10k−$26
spread now+0.012%7d average−0.018%fees + slippage, in and out−$29spread needed0.293%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRX-USDT | 0.3450 | 0.0105 | pay 0.0105% / 8h | 1h 03m | $4.7M | $3.7M | 50x |
| Short | Bitget TRXUSDT | 0.3450 | 0.0100 | get 0.0100% / 8h | 1h 03m | $9.5M | $2.0M | 75x |
Price 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
- $1.16
- Funding while held
- −$0.15
- Slippage, 4 orders
- −$5.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$28.26
- Spread needed to break even
- 0.293%
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0005%
- Per $10,000 a day
- −$0.15
- 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 BloFin live order book, 6 min ago | 0.58 bp | 6.6 bp −$7 | 10.2 bp −$102 | 25.9 bp −$2,587 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.14 bp | 7.8 bp −$8 | 11.9 bp −$119 | 35.3 bp −$3,526 | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.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 | −0.635% | +0.0033% | 1h | $1K | $124K | 12x | as long as short |
| SunX TRX-USDT | −0.062% | +0.0100% | 8h | $196K | $876K | 30x | as long as short |
| Aevo TRX-PERP | −0.061% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| edgeX TRXUSDC | −0.059% | +0.0100% | 4h | $588K | $453K | 20x | as long as short |
| Variational Omni TRX | −0.030% | +0.0093% | 8h | $560K | $35K | — | as long as short |
| Extended TRX-USD | −0.027% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| Backpack TRX_USDC_PERP | −0.017% | −0.0167% | 1h | $60K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERP | −0.014% | +0.0095% | 8h | $8K | $333 | 20x | as long as short |
| HTX TRX-USDT | −0.012% | −0.0341% | 8h | $863K | $534K | 75x | as long as short |
| Bybit TRXUSDT | −0.009% | +0.0070% | 8h | $54.8M | $7.5M | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.003% | −0.0259% | 8h | $1.1M | $539K | 75x | as long as short |
| OKX TRX-USDT-SWAP | −0.003% | −0.0007% | 8h | $15.5M | $8.9M | 50x | as long as short |
| Orderly PERP_TRX_USDC | −0.003% | +0.0076% | 8h | $15K | $200K | 20x | as long as short |
| Reya TRXRUSDPERP | −0.003% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| BloFin TRX-USDTlong | 0.000% | +0.0105% | 8h | $4.7M | $3.7M | 50x | |
| BingX TRX-USDC | +0.003% | −0.0018% | 8h | — | $6.5M | — | as long as short |
| MEXC TRX_USDT | +0.006% | −0.0015% | 8h | $17.6M | $1.8M | 200x | as long as short |
| SoDEX TRX-USD | +0.006% | −0.0021% | 1h | $408 | $5K | 5x | as long as short |
| ApeX Omni TRXUSDT | +0.009% | +0.0100% | 1h | $115K | $546K | 50x | as long as short |
| Binance TRXUSDT | +0.009% | −0.0015% | 8h | $100.3M | $49.3M | 75x | as long as short |
| Bitget TRXUSDTshort | +0.012% | +0.0100% | 8h | $9.5M | $2.0M | 75x | |
| Phemex TRXUSDT | +0.012% | +0.0024% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Lighter TRX | +0.014% | +0.0096% | 1h | $446K | $612K | 10x | as long as short |
| Gate TRX_USDT | +0.023% | −0.0011% | 8h | $9.7M | $2.4M | 75x | as long as short |
| Phoenix TRX | +0.023% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.030% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.034% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| dYdX TRX-USD | +0.042% | +0.0237% | 1h | $187K | $3K | 10x | as long as short |
| KuCoin TRXUSDTM | +0.043% | +0.0100% | 8h | $8.2M | $3.2M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.056% | +0.0191% | 1h | $1.8M | $799K | 25x | as long as short |
| Hyperliquid TRX | +0.061% | +0.0100% | 1h | $13.3M | $2.2M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.079% | +0.0034% | 1h | $791K | $357K | 25x | as long as short |
BloFin TRX-USDT
Bitget TRXUSDT
Injective
SunX
Variational Omni
Extended
Backpack
Paradex
HTX
Bybit
Aster
OKX
BingX
MEXC
SoDEX
ApeX Omni
Binance
Phemex
Lighter
Gate
Phoenix
GMX
gTrade (Gains Network)
KuCoin
Kraken Futures
Hyperliquid
Deribit