After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.029%7d average−0.019%fees + slippage, in and out−$38spread needed0.385%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRX_USDT | 0.3440 | 0.0047 | pay 0.0047% / 8h | 6h 00m | $9.6M | $2.5M | 75x |
| Short | Bitget TRXUSDT | 0.3439 | 0.0100 | get 0.0100% / 8h | 6h 00m | $9.4M | $2.0M | 75x |
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
- −$2.91
- Funding while held
- $1.59
- Slippage, 4 orders
- −$11.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$39.79
- Spread needed to break even
- 0.385%
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0053%
- Per $10,000 a day
- +$1.59
- 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 Gate live order book, 4 min ago | 0.14 bp | 11.7 bp −$12 | 24.0 bp −$240 | 36.8 bp −$3,678 | 63.7 bp −$31.9K |
| Sell Bitget live order book, 4 min ago | 0.29 bp | 7.8 bp −$8 | 12.3 bp −$123 | 34.6 bp −$3,461 | 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 | −0.352% | +0.0033% | 1h | $1K | $42K | 12x | as long as short |
| Bitget TRXUSDTshort | −0.029% | +0.0100% | 8h | $9.4M | $2.0M | 75x | |
| HTX TRX-USDT | −0.021% | −0.0113% | 8h | $828K | $648K | 75x | as long as short |
| Aevo TRX-PERP | −0.017% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| Aster TRXUSDT | −0.015% | −0.0135% | 8h | $913K | $584K | 75x | as long as short |
| ApeX Omni TRXUSDT | −0.015% | +0.0100% | 1h | $115K | $531K | 50x | as long as short |
| Extended TRX-USD | −0.012% | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
| OKX TRX-USDT-SWAP | −0.006% | +0.0005% | 8h | $15.5M | $8.7M | 50x | as long as short |
| Lighter TRX | −0.003% | +0.0064% | 1h | $471K | $598K | 10x | as long as short |
| Binance TRXUSDT | −0.003% | −0.0026% | 8h | $99.9M | $50.0M | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit TRXUSDT | −0.003% | −0.0177% | 8h | $54.6M | $7.5M | 75x | as long as short |
| MEXC TRX_USDT | −0.003% | −0.0026% | 8h | $16.9M | $1.7M | 200x | as long as short |
| Backpack TRX_USDC_PERP | −0.003% | −0.0117% | 1h | $60K | $4K | 10x | as long as short |
| Gate TRX_USDTlong | 0.000% | +0.0047% | 8h | $9.6M | $2.5M | 75x | |
| BingX TRX-USDT | 0.000% | −0.0179% | 8h | — | $35.3M | — | as long as short |
| Reya TRXRUSDPERP | +0.009% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| BloFin TRX-USDT | +0.012% | +0.0094% | 8h | $4.6M | $3.9M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.015% | +0.0017% | 8h | $8K | $333 | 20x | as long as short |
| edgeX TRXUSDC | +0.017% | +0.0100% | 4h | $587K | $445K | 20x | as long as short |
| SoDEX TRX-USD | +0.017% | −0.0155% | 1h | $399 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.017% | −0.0057% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Variational Omni TRX | +0.020% | −0.0016% | 8h | $559K | $35K | — | as long as short |
| KuCoin TRXUSDTM | +0.032% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.032% | +0.0083% | 8h | $15K | $110K | 20x | as long as short |
| Phoenix TRX | +0.044% | −0.0116% | 1h | $5K | $13K | 10x | as long as short |
| Hyperliquid TRX | +0.061% | +0.0100% | 1h | $13.1M | $2.1M | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.084% | L +0.0338% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.091% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| dYdX TRX-USD | +0.093% | +0.0190% | 1h | $186K | $3K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.094% | −0.0158% | 1h | $1.8M | $895K | 25x | as long as short |
| SunX TRX-USDT | +0.111% | +0.0100% | 8h | $196K | $866K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.142% | +0.0177% | 1h | $825K | $410K | 25x | as long as short |
Gate TRX_USDT
Bitget TRXUSDT
Injective
HTX
Aster
ApeX Omni
Extended
OKX
Lighter
Binance
Bybit
MEXC
Backpack
BingX
BloFin
Paradex
SoDEX
Phemex
Variational Omni
KuCoin
Phoenix
Hyperliquid
GMX
gTrade (Gains Network)
Kraken Futures
SunX
Deribit