After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.055%7d average+0.035%fees + slippage, in and out−$26spread needed0.264%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRXUSDT | 0.3446 | 0.0035 | pay 0.0035% / 8h | 1h 52m | $54.6M | $8.0M | 75x |
| Short | Aster TRXUSDT | 0.3444 | −0.0244 | pay 0.0244% / 8h | 1h 52m | $1.1M | $408K | 75x |
Bybit TRXUSDT
Aster 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
- −$5.49
- Funding while held
- −$8.36
- Slippage, 4 orders
- −$7.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$40.28
- Spread needed to break even
- 0.264%
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0279%
- Per $10,000 a day
- −$8.36
- 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 Bybit live order book, 3 min ago | 1.45 bp | 7.0 bp −$7 | 10.3 bp −$103 | 33.0 bp −$3,298 | doesn't fit |
| Sell Aster live order book, 2 min ago | 0.73 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.Injective0.3428cheapestAevo0.3443+0.435%HTX0.3444+0.456%Reya0.3444+0.463%
Injective
Aevo
HTX
ReyaAster0.3444+0.470%
SunX0.3445+0.483%Backpack0.3445+0.484%Orderly0.3445+0.484%BloFin0.3445+0.484%Paradex0.3445+0.485%SoDEX0.3445+0.490%Extended0.3445+0.493%Phemex0.3445+0.508%GMX0.3446+0.515%edgeX0.3446+0.521%
SunX
Backpack
Orderly
BloFin
Paradex
SoDEX
Extended
Phemex
GMXBybit0.3446+0.525%
MEXC0.3446+0.528%Gate0.3446+0.531%gTrade (Gains Network)0.3446+0.532%Binance0.3446+0.533%Bitget0.3446+0.534%ApeX Omni0.3446+0.534%OKX0.3446+0.537%BingX0.3446+0.537%Variational Omni0.3447+0.540%Kraken Futures0.3447+0.544%KuCoin0.3447+0.554%dYdX0.3447+0.556%Lighter0.3447+0.563%Hyperliquid0.3448+0.589%Deribit0.3448+0.596%Phoenix0.3448+0.598%
MEXC
Gate
gTrade (Gains Network)
Binance
Bitget
ApeX Omni
OKX
BingX
Variational Omni
Kraken Futures
KuCoin
dYdX
Lighter
Hyperliquid
Deribit
PhoenixTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.522% | +0.0033% | 1h | $1K | $124K | 12x | as long as short |
| Aevo TRX-PERP | −0.090% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| HTX TRX-USDT | −0.069% | −0.0365% | 8h | $872K | $542K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.061% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Aster TRXUSDTshort | −0.055% | −0.0244% | 8h | $1.1M | $408K | 75x | |
| SunX TRX-USDT | −0.042% | +0.0100% | 8h | $196K | $990K | 30x | as long as short |
| Backpack TRX_USDC_PERP | −0.041% | −0.0206% | 1h | $60K | $4K | 10x | as long as short |
| Orderly PERP_TRX_USDC | −0.041% | +0.0072% | 8h | $15K | $200K | 20x | as long as short |
| BloFin TRX-USDT | −0.041% | +0.0092% | 8h | $4.0M | $3.8M | 50x | as long as short |
| Paradex TRX-USD-PERP | −0.040% | +0.0084% | 8h | $8K | $333 | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX TRX-USD | −0.035% | −0.0117% | 1h | $405 | $5K | 5x | as long as short |
| Extended TRX-USD | −0.032% | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
| Phemex TRXUSDT | −0.017% | +0.0007% | 8h | $3.7M | $1.6M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | −0.010% | L +0.0343% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| edgeX TRXUSDC | −0.005% | +0.0100% | 4h | $588K | $478K | 20x | as long as short |
| Bybit TRXUSDTlong | 0.000% | +0.0035% | 8h | $54.6M | $8.0M | 75x | |
| MEXC TRX_USDT | +0.003% | −0.0027% | 8h | $17.3M | $1.7M | 200x | as long as short |
| Gate TRX_USDT | +0.006% | −0.0034% | 8h | $9.6M | $2.2M | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.007% | L +0.0003% / S −0.0008% | 1h | $115K | — | 150x | as long as short |
| Binance TRXUSDT | +0.008% | −0.0028% | 8h | $100.0M | $51.8M | 75x | as long as short |
| Bitget TRXUSDT | +0.009% | +0.0100% | 8h | $9.4M | $2.0M | 75x | as long as short |
| ApeX Omni TRXUSDT | +0.009% | +0.0100% | 1h | $115K | $548K | 50x | as long as short |
| OKX TRX-USDT-SWAP | +0.012% | −0.0012% | 8h | $15.5M | $9.3M | 50x | as long as short |
| BingX TRX-USDT | +0.012% | +0.0100% | 8h | — | $11.3M | — | as long as short |
| Variational Omni TRX | +0.015% | +0.0037% | 8h | $559K | $36K | — | as long as short |
| Kraken Futures PF_TRXUSD | +0.019% | +0.0191% | 1h | $1.8M | $700K | 25x | as long as short |
| KuCoin TRXUSDTM | +0.029% | +0.0093% | 8h | $8.2M | $3.3M | 75x | as long as short |
| dYdX TRX-USD | +0.031% | +0.0363% | 1h | $187K | $3K | 10x | as long as short |
| Lighter TRX | +0.038% | +0.0096% | 1h | $517K | $501K | 10x | as long as short |
| Hyperliquid TRX | +0.064% | +0.0100% | 1h | $13.3M | $2.2M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.071% | +0.0156% | 1h | $781K | $259K | 25x | as long as short |
| Phoenix TRX | +0.073% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |