Spread before costs (cost unknown: a leg has no order-book sample)−0.035%
7d average—if it closes, per $10,000$4funding while held, a day−$7.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TRX/USD [ETH-USDC] | 0.3447 | L +0.0342% / S −0.0344% | pay 0.0043% / 1h | 40m 17s | $18K | — | 100x |
| Short | ApeX Omni TRXUSDT | 0.3446 | 0.0100 | get 0.0013% / 1h | 40m 17s | $115K | $545K | 50x |
GMX TRX/USD [ETH-USDC]
ApeX Omni TRXUSDTPrice 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
- −$3.51
- Funding while held
- −$7.26
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$32.77
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 14 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0242%
- Per $10,000 a day
- −$7.26
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 14 min ago | 4.64 bp | 14.7 bp −$15 | 151.8 bp −$1,518 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestAevo0.3445+0.484%SunX0.3445+0.504%Extended0.3445+0.508%Reya0.3446+0.522%Paradex0.3446+0.525%Backpack0.3446+0.528%
Injective
Aevo
SunX
Extended
Reya
Paradex
BackpackApeX Omni0.3446+0.531%
Aster0.3446+0.532%Orderly0.3446+0.534%HTX0.3446+0.535%Variational Omni0.3447+0.544%edgeX0.3447+0.545%BingX0.3447+0.546%Bitget0.3447+0.548%Binance0.3447+0.551%OKX0.3447+0.551%SoDEX0.3447+0.551%Bybit0.3447+0.554%Gate0.3447+0.554%MEXC0.3447+0.557%Phemex0.3447+0.557%
Aster
Orderly
HTX
Variational Omni
BingX
Bitget
Binance
OKX
SoDEX
Bybit
Gate
MEXC
PhemexGMX0.3447+0.566%
BloFin0.3448+0.575%gTrade (Gains Network)0.3448+0.575%KuCoin0.3448+0.586%Kraken Futures0.3448+0.595%Lighter0.3448+0.598%Phoenix0.3449+0.607%dYdX0.3449+0.615%Hyperliquid0.3449+0.618%Deribit0.3449+0.625%
BloFin
gTrade (Gains Network)
KuCoin
Kraken Futures
Lighter
Phoenix
dYdX
Hyperliquid
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 | −0.563% | +0.0033% | 1h | $1K | $124K | 12x | as long as short |
| Aevo TRX-PERP | −0.082% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| SunX TRX-USDT | −0.061% | +0.0100% | 8h | $196K | $963K | 30x | as long as short |
| Extended TRX-USD | −0.058% | −0.0024% | 1h | $195K | $1.1M | 25x | as long as short |
| Reya TRXRUSDPERP | −0.044% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Paradex TRX-USD-PERP | −0.041% | +0.0088% | 8h | $8K | $333 | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.038% | −0.0185% | 1h | $60K | $4K | 10x | as long as short |
| ApeX Omni TRXUSDTshort | −0.035% | +0.0100% | 1h | $115K | $545K | 50x | |
| Aster TRXUSDT | −0.034% | −0.0244% | 8h | $1.1M | $408K | 75x | as long as short |
| Orderly PERP_TRX_USDC | −0.032% | +0.0073% | 8h | $15K | $200K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.031% | −0.0363% | 8h | $872K | $542K | 75x | as long as short |
| Variational Omni TRX | −0.022% | +0.0055% | 8h | $559K | $35K | — | as long as short |
| edgeX TRXUSDC | −0.021% | +0.0100% | 4h | $588K | $481K | 20x | as long as short |
| BingX TRX-USDT | −0.021% | +0.0100% | 8h | — | $11.4M | — | as long as short |
| Bitget TRXUSDT | −0.018% | +0.0100% | 8h | $9.4M | $2.0M | 75x | as long as short |
| Binance TRXUSDT | −0.015% | −0.0022% | 8h | $100.0M | $51.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | −0.015% | −0.0008% | 8h | $15.6M | $9.1M | 50x | as long as short |
| SoDEX TRX-USD | −0.015% | −0.0025% | 1h | $406 | $5K | 5x | as long as short |
| Bybit TRXUSDT | −0.012% | +0.0052% | 8h | $54.7M | $7.9M | 75x | as long as short |
| Gate TRX_USDT | −0.012% | −0.0035% | 8h | $9.6M | $2.2M | 75x | as long as short |
| MEXC TRX_USDT | −0.009% | −0.0022% | 8h | $17.3M | $1.8M | 200x | as long as short |
| Phemex TRXUSDT | −0.009% | +0.0010% | 8h | $3.7M | $1.5M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC]long | 0.000% | L +0.0342% / S −0.0344% | 1h | $18K | — | 100x | |
| BloFin TRX-USDT | +0.008% | +0.0098% | 8h | $4.0M | $3.8M | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.009% | L +0.0003% / S −0.0008% | 1h | $115K | — | 150x | as long as short |
| KuCoin TRXUSDTM | +0.020% | +0.0100% | 8h | $8.2M | $3.4M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.029% | +0.0191% | 1h | $1.8M | $699K | 25x | as long as short |
| Lighter TRX | +0.032% | +0.0096% | 1h | $518K | $502K | 10x | as long as short |
| Phoenix TRX | +0.040% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| dYdX TRX-USD | +0.048% | +0.0258% | 1h | $187K | $3K | 10x | as long as short |
| Hyperliquid TRX | +0.052% | +0.0100% | 1h | $13.3M | $2.2M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.058% | 0.0000% | 1h | $781K | $284K | 25x | as long as short |