Spread before costs (cost unknown: a leg has no order-book sample)−0.023%
7d average—if it closes, per $10,000$2funding while held, a day−$7.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TRX-USDT | 0.3442 | 0.0097 | pay 0.0097% / 8h | 6h 05m | $4.6M | $3.9M | 50x |
| Short | SoDEX TRX-USD | 0.3442 | −0.0149 | pay 0.0019% / 1h | 5m 33s | $401 | $5K | 5x |
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
- −$2.32
- Funding while held
- −$7.39
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$29.72
- Spread needed to break even
- 0.200%
Slippage unknown: BloFin: live order book, 4 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0246%
- Per $10,000 a day
- −$7.39
- 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, 4 min ago | 0.14 bp | 6.2 bp −$6 | 9.1 bp −$91 | 20.5 bp −$2,051 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.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 | −0.415% | +0.0033% | 1h | $1K | $42K | 12x | as long as short |
| Bitget TRXUSDT | −0.073% | +0.0100% | 8h | $9.4M | $2.0M | 75x | as long as short |
| Bybit TRXUSDT | −0.067% | −0.0182% | 8h | $54.6M | $7.5M | 75x | as long as short |
| Extended TRX-USD | −0.061% | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | −0.061% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| Reya TRXRUSDPERP | −0.053% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| BingX TRX-USDT | −0.052% | −0.0176% | 8h | — | $35.3M | — | as long as short |
| Aster TRXUSDT | −0.049% | −0.0134% | 8h | $913K | $583K | 75x | as long as short |
| Variational Omni TRX | −0.044% | −0.0016% | 8h | $559K | $35K | — | as long as short |
| Lighter TRX | −0.041% | +0.0072% | 1h | $466K | $593K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | −0.041% | −0.0024% | 8h | $99.9M | $50.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | −0.038% | +0.0006% | 8h | $15.5M | $8.7M | 50x | as long as short |
| Gate TRX_USDT | −0.035% | +0.0055% | 8h | $9.6M | $2.4M | 75x | as long as short |
| HTX TRX-USDT | −0.031% | −0.0111% | 8h | $829K | $647K | 75x | as long as short |
| MEXC TRX_USDT | −0.026% | −0.0023% | 8h | $17.0M | $1.7M | 200x | as long as short |
| Backpack TRX_USDC_PERP | −0.023% | −0.0099% | 1h | $60K | $4K | 10x | as long as short |
| ApeX Omni TRXUSDT | −0.023% | +0.0100% | 1h | $115K | $532K | 50x | as long as short |
| SoDEX TRX-USDshort | −0.023% | −0.0149% | 1h | $401 | $5K | 5x | |
| Phemex TRXUSDT | −0.023% | −0.0060% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Paradex TRX-USD-PERP | −0.018% | +0.0025% | 8h | $8K | $333 | 20x | as long as short |
| KuCoin TRXUSDTM | −0.006% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| BloFin TRX-USDTlong | 0.000% | +0.0097% | 8h | $4.6M | $3.9M | 50x | |
| Orderly PERP_TRX_USDC | +0.003% | +0.0082% | 8h | $15K | $110K | 20x | as long as short |
| edgeX TRXUSDC | +0.007% | +0.0100% | 4h | $587K | $444K | 20x | as long as short |
| Phoenix TRX | +0.026% | −0.0116% | 1h | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | +0.029% | +0.0204% | 1h | $186K | $3K | 10x | as long as short |
| Hyperliquid TRX | +0.035% | +0.0100% | 1h | $13.1M | $2.1M | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.039% | L +0.0338% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.050% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.053% | −0.0158% | 1h | $1.8M | $893K | 25x | as long as short |
| SunX TRX-USDT | +0.069% | +0.0100% | 8h | $196K | $865K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.101% | +0.0162% | 1h | $825K | $410K | 25x | as long as short |
BloFin TRX-USDT
SoDEX TRX-USD
Injective
Bitget
Bybit
Extended
BingX
Aster
Variational Omni
Lighter
Binance
OKX
Gate
HTX
MEXC
Backpack
ApeX Omni
Phemex
Paradex
KuCoin
Phoenix
Hyperliquid
GMX
gTrade (Gains Network)
Kraken Futures
SunX
Deribit