After costs, if the gap returns to its 7d average, $10k−$281
spread now+0.086%7d average+0.043%fees + slippage, in and out−$285spread needed2.855%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRXUSDT | 0.3440 | −0.0169 | get 0.0169% / 8h | 6h 17m | $54.6M | $7.6M | 75x |
| Short | gTrade (Gains Network) TRX/USD | 0.3443 | L +0.0003% / S −0.0007% | get 0.0001% / 1h | 17m 58s | $121K | — | 150x |
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
- $8.61
- Funding while held
- $5.28
- Slippage, 4 orders
- −$264.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$271.57
- Spread needed to break even
- 2.855%
Slippage from Bybit: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0176%
- Per $10,000 a day
- +$5.28
- 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, 2 min ago | 1.45 bp | 7.0 bp −$7 | 10.9 bp −$109 | 41.7 bp −$4,171 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.01 bp | 135.0 bp −$135 | 205.2 bp −$2,052 | 2197.0 bp −$219.7K | 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 | −0.343% | +0.0033% | 1h | $1K | $42K | 12x | as long as short |
| HTX TRX-USDT | −0.037% | −0.0101% | 8h | $828K | $647K | 75x | as long as short |
| Variational Omni TRX | −0.029% | −0.0005% | 8h | $558K | $35K | — | as long as short |
| Aevo TRX-PERP | −0.026% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Bitget TRXUSDT | −0.009% | +0.0100% | 8h | $9.4M | $2.0M | 75x | as long as short |
| Extended TRX-USD | −0.005% | −0.0016% | 1h | $194K | $1.1M | 25x | as long as short |
| Bybit TRXUSDTlong | 0.000% | −0.0169% | 8h | $54.6M | $7.6M | 75x | |
| Reya TRXRUSDPERP | +0.002% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| BingX TRX-USDT | +0.003% | −0.0181% | 8h | — | $35.3M | — | as long as short |
| Phoenix TRX | +0.003% | −0.0116% | 1h | $5K | $13K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | +0.004% | −0.0138% | 8h | $913K | $583K | 75x | as long as short |
| edgeX TRXUSDC | +0.008% | +0.0100% | 4h | $587K | $447K | 20x | as long as short |
| OKX TRX-USDT-SWAP | +0.012% | +0.0009% | 8h | $15.5M | $8.7M | 50x | as long as short |
| SoDEX TRX-USD | +0.012% | −0.0154% | 1h | $400 | $5K | 5x | as long as short |
| BloFin TRX-USDT | +0.012% | +0.0104% | 8h | $4.6M | $3.9M | 50x | as long as short |
| MEXC TRX_USDT | +0.017% | −0.0016% | 8h | $17.0M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.020% | −0.0016% | 8h | $100.0M | $49.9M | 75x | as long as short |
| Lighter TRX | +0.020% | +0.0096% | 1h | $454K | $580K | 10x | as long as short |
| Gate TRX_USDT | +0.023% | +0.0076% | 8h | $9.6M | $2.4M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.023% | −0.0098% | 1h | $60K | $4K | 10x | as long as short |
| Phemex TRXUSDT | +0.026% | −0.0035% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.028% | +0.0044% | 8h | $8K | $333 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.038% | +0.0082% | 8h | $15K | $110K | 20x | as long as short |
| KuCoin TRXUSDTM | +0.047% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| ApeX Omni TRXUSDT | +0.047% | +0.0100% | 1h | $115K | $535K | 50x | as long as short |
| dYdX TRX-USD | +0.047% | +0.0249% | 1h | $186K | $3K | 10x | as long as short |
| Hyperliquid TRX | +0.076% | +0.0100% | 1h | $13.1M | $2.1M | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.076% | L +0.0338% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USDshort | +0.086% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | |
| Kraken Futures PF_TRXUSD | +0.101% | −0.0158% | 1h | $1.8M | $888K | 25x | as long as short |
| SunX TRX-USDT | +0.103% | +0.0100% | 8h | $196K | $863K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.126% | +0.0160% | 1h | $824K | $410K | 25x | as long as short |
Bybit TRXUSDT
gTrade (Gains Network) TRX/USD
Injective
HTX
Variational Omni
Bitget
Extended
BingX
Phoenix
Aster
OKX
SoDEX
BloFin
MEXC
Binance
Lighter
Gate
Backpack
Phemex
Paradex
KuCoin
ApeX Omni
Hyperliquid
GMX
Kraken Futures
SunX
Deribit