After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.044%7d average+0.047%fees + slippage, in and out−$27spread needed0.275%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TRXUSDC | 0.3440 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $586K | $445K | 20x |
| Short | Kraken Futures PF_TRXUSD | 0.3441 | −0.0044 | pay 0.0006% / 1h | 23m 54s | $1.8M | $884K | 25x |
Kraken Futures PF_TRXUSDPrice 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
- $4.42
- Funding while held
- −$4.33
- Slippage, 4 orders
- −$8.45
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$27.36
- Spread needed to break even
- 0.275%
Slippage from edgeX: live order book, 11 min ago; Kraken Futures: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0144%
- Per $10,000 a day
- −$4.33
- 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 edgeX live order book, 11 min ago | 0.73 bp | 5.2 bp −$5 | 6.6 bp −$66 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 2.18 bp | 8.2 bp −$8 | 15.7 bp −$157 | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Aevo0.3437cheapestBitget0.3437+0.001%Bybit0.3437+0.003%Extended0.3437+0.009%Variational Omni0.3438+0.014%HTX0.3438+0.024%Reya0.3438+0.027%Lighter0.3438+0.030%OKX0.3438+0.030%BloFin0.3438+0.030%Binance0.3438+0.035%Gate0.3438+0.038%BingX0.3438+0.038%MEXC0.3439+0.041%Backpack0.3439+0.041%SoDEX0.3439+0.041%Paradex0.3439+0.045%KuCoin0.3439+0.053%Orderly0.3439+0.053%Injective0.3439+0.053%Phemex0.3439+0.056%Aster0.3440+0.076%dYdX0.3440+0.090%Phoenix0.3440+0.094%GMX0.3441+0.098%SunX0.3441+0.103%Hyperliquid0.3441+0.105%gTrade (Gains Network)0.3441+0.106%
Aevo
Bitget
Bybit
Extended
Variational Omni
HTX
Reya
Lighter
OKX
BloFin
Binance
Gate
BingX
MEXC
Backpack
SoDEX
Paradex
KuCoin
Orderly
Injective
Phemex
Aster
dYdX
Phoenix
GMX
SunX
Hyperliquid
gTrade (Gains Network)Kraken Futures0.3441+0.118%
ApeX Omni0.3441+0.123%Deribit0.3443+0.160%
ApeX Omni
DeribitTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo TRX-PERP | −0.073% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| Bitget TRXUSDT | −0.073% | +0.0094% | 8h | $9.4M | $2.1M | 75x | as long as short |
| Bybit TRXUSDT | −0.070% | −0.0171% | 8h | $54.6M | $7.6M | 75x | as long as short |
| Extended TRX-USD | −0.064% | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
| Variational Omni TRX | −0.060% | −0.0048% | 8h | $558K | $34K | — | as long as short |
| HTX TRX-USDT | −0.050% | −0.0070% | 8h | $828K | $653K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.047% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Lighter TRX | −0.044% | −0.0024% | 1h | $485K | $614K | 10x | as long as short |
| OKX TRX-USDT-SWAP | −0.044% | +0.0004% | 8h | $15.5M | $8.7M | 50x | as long as short |
| BloFin TRX-USDT | −0.044% | +0.0097% | 8h | $4.6M | $3.9M | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | −0.038% | −0.0023% | 8h | $99.1M | $50.8M | 75x | as long as short |
| Gate TRX_USDT | −0.035% | +0.0051% | 8h | $9.6M | $2.5M | 75x | as long as short |
| BingX TRX-USDC | −0.035% | −0.0178% | 8h | — | $6.5M | — | as long as short |
| MEXC TRX_USDT | −0.032% | −0.0022% | 8h | $17.0M | $1.7M | 200x | as long as short |
| Backpack TRX_USDC_PERP | −0.032% | −0.0268% | 1h | $60K | $4K | 10x | as long as short |
| SoDEX TRX-USD | −0.032% | −0.0076% | 1h | $402 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | −0.028% | +0.0010% | 8h | $8K | $333 | 20x | as long as short |
| KuCoin TRXUSDTM | −0.020% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| Orderly PERP_TRX_USDC | −0.020% | +0.0083% | 8h | $14K | $107K | 20x | as long as short |
| Injective TRX/USDC PERP | −0.020% | +0.0033% | 1h | $1K | $71K | 12x | as long as short |
| Phemex TRXUSDT | −0.018% | +0.0003% | 8h | $3.7M | $1.5M | 50x | as long as short |
| edgeX TRXUSDClong | 0.000% | +0.0100% | 4h | $586K | $445K | 20x | |
| Aster TRXUSDT | +0.003% | −0.0117% | 8h | $913K | $586K | 75x | as long as short |
| dYdX TRX-USD | +0.017% | +0.0057% | 1h | $186K | $3K | 10x | as long as short |
| Phoenix TRX | +0.020% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.025% | L +0.0338% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| SunX TRX-USDT | +0.029% | +0.0100% | 8h | $196K | $891K | 30x | as long as short |
| Hyperliquid TRX | +0.032% | +0.0100% | 1h | $13.2M | $2.1M | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.033% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSDshort | +0.044% | −0.0044% | 1h | $1.8M | $884K | 25x | |
| ApeX Omni TRXUSDT | +0.049% | +0.0100% | 1h | $115K | $532K | 50x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.086% | +0.0261% | 1h | $829K | $378K | 25x | as long as short |