After costs, if the gap returns to its 7d average, $10k−$40
spread now−0.107%7d average−0.066%fees + slippage, in and out−$36spread needed0.360%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TRX_USDC-PERPETUAL | 0.3441 | 0.0270 | pay 0.0034% / 1h | 20m 16s | $829K | $378K | 25x |
| Short | KuCoin TRXUSDTM | 0.3437 | 0.0100 | get 0.0100% / 8h | 5h 20m | $8.6M | $3.6M | 75x |
Deribit TRX_USDC-PERPETUAL
KuCoin TRXUSDTMPrice 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
- −$10.72
- Funding while held
- −$5.11
- Slippage, 4 orders
- −$16.99
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$51.83
- Spread needed to break even
- 0.360%
Slippage from Deribit: live order book, 15 min ago; KuCoin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0170%
- Per $10,000 a day
- −$5.11
- 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 Deribit live order book, 15 min ago | 1.31 bp | 5.1 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.44 bp | 13.7 bp −$14 | 51.7 bp −$517 | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.3436cheapestExtended0.3436+0.006%Aevo0.3436+0.009%Bitget0.3436+0.012%HTX0.3437+0.019%Variational Omni0.3437+0.021%Reya0.3437+0.022%Lighter0.3437+0.023%OKX0.3437+0.026%Binance0.3437+0.032%SoDEX0.3437+0.035%MEXC0.3437+0.038%
Bybit
Extended
Aevo
Bitget
HTX
Variational Omni
Reya
Lighter
OKX
Binance
SoDEX
MEXCKuCoin0.3437+0.044%
Gate0.3438+0.047%Phemex0.3438+0.047%Aster0.3438+0.049%BingX0.3438+0.049%Backpack0.3438+0.049%Paradex0.3438+0.055%BloFin0.3438+0.061%Orderly0.3438+0.067%edgeX0.3438+0.075%Injective0.3439+0.090%GMX0.3439+0.102%Kraken Futures0.3439+0.104%ApeX Omni0.3440+0.108%Phoenix0.3440+0.108%gTrade (Gains Network)0.3440+0.109%Hyperliquid0.3440+0.118%SunX0.3440+0.120%dYdX0.3440+0.127%
Gate
Phemex
Aster
BingX
Backpack
Paradex
BloFin
Orderly
Injective
GMX
Kraken Futures
ApeX Omni
Phoenix
gTrade (Gains Network)
Hyperliquid
SunX
dYdXDeribit0.3441+0.151%
TRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit TRXUSDT | −0.151% | −0.0169% | 8h | $54.6M | $7.6M | 75x | as long as short |
| Extended TRX-USD | −0.144% | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | −0.142% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| Bitget TRXUSDT | −0.139% | +0.0091% | 8h | $9.4M | $2.1M | 75x | as long as short |
| HTX TRX-USDT | −0.132% | −0.0065% | 8h | $827K | $653K | 75x | as long as short |
| Variational Omni TRX | −0.130% | −0.0054% | 8h | $558K | $34K | — | as long as short |
| Reya TRXRUSDPERP | −0.129% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Lighter TRX | −0.128% | −0.0016% | 1h | $485K | $614K | 10x | as long as short |
| OKX TRX-USDT-SWAP | −0.125% | +0.0004% | 8h | $15.5M | $8.7M | 50x | as long as short |
| Binance TRXUSDT | −0.119% | −0.0021% | 8h | $99.1M | $50.7M | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX TRX-USD | −0.116% | −0.0078% | 1h | $404 | $5K | 5x | as long as short |
| MEXC TRX_USDT | −0.113% | −0.0021% | 8h | $17.0M | $1.7M | 200x | as long as short |
| KuCoin TRXUSDTMshort | −0.107% | +0.0100% | 8h | $8.6M | $3.6M | 75x | |
| Gate TRX_USDT | −0.104% | +0.0052% | 8h | $9.6M | $2.5M | 75x | as long as short |
| Phemex TRXUSDT | −0.104% | +0.0009% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Aster TRXUSDT | −0.102% | −0.0114% | 8h | $912K | $589K | 75x | as long as short |
| BingX TRX-USDT | −0.101% | −0.0171% | 8h | — | $38.2M | — | as long as short |
| Backpack TRX_USDC_PERP | −0.101% | −0.0267% | 1h | $60K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERP | −0.096% | +0.0011% | 8h | $8K | $333 | 20x | as long as short |
| BloFin TRX-USDT | −0.090% | +0.0099% | 8h | $4.6M | $3.9M | 50x | as long as short |
| Orderly PERP_TRX_USDC | −0.084% | +0.0083% | 8h | $14K | $107K | 20x | as long as short |
| edgeX TRXUSDC | −0.076% | +0.0100% | 4h | $586K | $446K | 20x | as long as short |
| Injective TRX/USDC PERP | −0.061% | +0.0033% | 1h | $1K | $71K | 12x | as long as short |
| GMX TRX/USD [ETH-USDC] | −0.049% | L +0.0337% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | −0.047% | −0.0044% | 1h | $1.8M | $884K | 25x | as long as short |
| ApeX Omni TRXUSDT | −0.043% | +0.0100% | 1h | $115K | $533K | 50x | as long as short |
| Phoenix TRX | −0.043% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | −0.042% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Hyperliquid TRX | −0.033% | +0.0100% | 1h | $13.2M | $2.1M | 10x | as long as short |
| SunX TRX-USDT | −0.031% | +0.0100% | 8h | $196K | $892K | 30x | as long as short |
| dYdX TRX-USD | −0.024% | +0.0051% | 1h | $186K | $3K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUALlong | 0.000% | +0.0270% | 1h | $829K | $378K | 25x |