After costs, if the gap returns to its 7d average, $10k−$22
spread now+0.012%7d average+0.021%fees + slippage, in and out−$21spread needed0.207%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRXUSDT | 0.3440 | −0.0170 | get 0.0170% / 8h | 6h 20m | $54.6M | $7.6M | 75x |
| Short | MEXC TRX_USDT | 0.3440 | −0.0016 | pay 0.0016% / 8h | 6h 20m | $17.0M | $1.7M | 200x |
Bybit TRXUSDT
MEXC TRX_USDTPrice 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
- $4.61
- Slippage, 4 orders
- −$5.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$14.95
- Spread needed to break even
- 0.207%
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0154%
- Per $10,000 a day
- +$4.61
- 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, 5 min ago | 1.45 bp | 7.3 bp −$7 | 10.5 bp −$105 | 37.6 bp −$3,764 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.14 bp | 2.3 bp −$2 | 3.9 bp −$39 | 25.9 bp −$2,595 | 40.5 bp −$20.3K |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestHTX0.3438+0.301%Variational Omni0.3439+0.315%Aevo0.3439+0.321%Bitget0.3439+0.327%ApeX Omni0.3439+0.333%Aster0.3439+0.333%edgeX0.3439+0.334%OKX0.3440+0.338%Extended0.3440+0.341%BingX0.3440+0.341%Reya0.3440+0.345%Phoenix0.3440+0.347%
Injective
HTX
Variational Omni
Aevo
Bitget
ApeX Omni
Aster
OKX
Extended
BingX
Reya
PhoenixBybit0.3440+0.350%
Phemex0.3440+0.350%SoDEX0.3440+0.353%Gate0.3440+0.356%BloFin0.3440+0.359%Lighter0.3440+0.362%
Phemex
SoDEX
Gate
BloFin
LighterMEXC0.3440+0.362%
Binance0.3440+0.364%Backpack0.3441+0.368%Paradex0.3441+0.369%Orderly0.3441+0.385%KuCoin0.3441+0.391%dYdX0.3441+0.392%Hyperliquid0.3442+0.408%gTrade (Gains Network)0.3442+0.415%GMX0.3442+0.416%Kraken Futures0.3443+0.430%SunX0.3443+0.433%Deribit0.3444+0.468%
Binance
Backpack
Paradex
Orderly
KuCoin
dYdX
Hyperliquid
gTrade (Gains Network)
GMX
Kraken Futures
SunX
DeribitTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.349% | +0.0033% | 1h | $1K | $42K | 12x | as long as short |
| HTX TRX-USDT | −0.049% | −0.0097% | 8h | $834K | $635K | 75x | as long as short |
| Variational Omni TRX | −0.035% | −0.0005% | 8h | $558K | $35K | — | as long as short |
| Aevo TRX-PERP | −0.029% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Bitget TRXUSDT | −0.023% | +0.0100% | 8h | $9.4M | $2.0M | 75x | as long as short |
| ApeX Omni TRXUSDT | −0.017% | +0.0100% | 1h | $115K | $536K | 50x | as long as short |
| Aster TRXUSDT | −0.017% | −0.0139% | 8h | $913K | $583K | 75x | as long as short |
| edgeX TRXUSDC | −0.016% | +0.0100% | 4h | $587K | $446K | 20x | as long as short |
| OKX TRX-USDT-SWAP | −0.012% | +0.0010% | 8h | $15.5M | $8.7M | 50x | as long as short |
| Extended TRX-USD | −0.009% | −0.0016% | 1h | $194K | $1.1M | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX TRX-USDT | −0.009% | −0.0181% | 8h | — | $35.3M | — | as long as short |
| Reya TRXRUSDPERP | −0.005% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.003% | −0.0116% | 1h | $5K | $13K | 10x | as long as short |
| Bybit TRXUSDTlong | 0.000% | −0.0170% | 8h | $54.6M | $7.6M | 75x | |
| Phemex TRXUSDT | 0.000% | −0.0034% | 8h | $3.7M | $1.5M | 50x | as long as short |
| SoDEX TRX-USD | +0.003% | −0.0155% | 1h | $402 | $5K | 5x | as long as short |
| Gate TRX_USDT | +0.006% | +0.0078% | 8h | $9.6M | $2.4M | 75x | as long as short |
| BloFin TRX-USDT | +0.009% | +0.0104% | 8h | $4.6M | $3.9M | 50x | as long as short |
| Lighter TRX | +0.012% | +0.0096% | 1h | $452K | $578K | 10x | as long as short |
| MEXC TRX_USDTshort | +0.012% | −0.0016% | 8h | $17.0M | $1.7M | 200x | |
| Binance TRXUSDT | +0.014% | −0.0016% | 8h | $100.0M | $50.0M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.017% | −0.0098% | 1h | $60K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.019% | +0.0044% | 8h | $8K | $333 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.035% | +0.0082% | 8h | $15K | $110K | 20x | as long as short |
| KuCoin TRXUSDTM | +0.041% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| dYdX TRX-USD | +0.041% | +0.0243% | 1h | $186K | $3K | 10x | as long as short |
| Hyperliquid TRX | +0.058% | +0.0100% | 1h | $13.1M | $2.1M | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.065% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.066% | L +0.0337% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.080% | −0.0158% | 1h | $1.8M | $901K | 25x | as long as short |
| SunX TRX-USDT | +0.082% | +0.0100% | 8h | $196K | $864K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.118% | +0.0238% | 1h | $824K | $410K | 25x | as long as short |