After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.080%7d average+0.103%fees + slippage, in and out−$33spread needed0.327%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TRX-USDT | 0.3449 | −0.0339 | get 0.0339% / 8h | 1h 01m | $862K | $540K | 75x |
| Short | Deribit TRX_USDC-PERPETUAL | 0.3452 | 0.0092 | get 0.0011% / 1h | 1m 27s | $791K | $357K | 25x |
HTX TRX-USDT
Deribit TRX_USDC-PERPETUALPrice 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
- $7.97
- Funding while held
- $12.94
- Slippage, 4 orders
- −$13.66
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$11.74
- Spread needed to break even
- 0.327%
Slippage from HTX: live order book, 54 min ago; Deribit: live order book, 54 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0431%
- Per $10,000 a day
- +$12.94
- 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 HTX live order book, 54 min ago | 3.88 bp | 10.8 bp −$11 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 54 min ago | 1.30 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestSunX0.3447+0.548%Aevo0.3448+0.570%Extended0.3448+0.573%Aster0.3448+0.581%Reya0.3448+0.583%Paradex0.3448+0.585%Backpack0.3448+0.592%Binance0.3448+0.598%Bitget0.3448+0.598%Bybit0.3449+0.601%OKX0.3449+0.601%MEXC0.3449+0.601%Lighter0.3449+0.604%
Injective
SunX
Aevo
Extended
Aster
Reya
Paradex
Backpack
Binance
Bitget
Bybit
OKX
MEXC
LighterHTX0.3449+0.605%
BingX0.3449+0.607%Orderly0.3449+0.607%SoDEX0.3449+0.607%Variational Omni0.3449+0.609%Gate0.3449+0.613%Phemex0.3449+0.618%edgeX0.3449+0.621%BloFin0.3449+0.624%GMX0.3450+0.641%KuCoin0.3450+0.642%ApeX Omni0.3450+0.642%gTrade (Gains Network)0.3450+0.644%Hyperliquid0.3451+0.659%Kraken Futures0.3451+0.662%dYdX0.3451+0.681%Phoenix0.3452+0.686%
BingX
Orderly
SoDEX
Variational Omni
Gate
Phemex
BloFin
GMX
KuCoin
ApeX Omni
gTrade (Gains Network)
Hyperliquid
Kraken Futures
dYdX
PhoenixDeribit0.3452+0.686%
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 | −0.602% | +0.0033% | 1h | $1K | $124K | 12x | as long as short |
| SunX TRX-USDT | −0.057% | +0.0100% | 8h | $196K | $854K | 30x | as long as short |
| Aevo TRX-PERP | −0.035% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Extended TRX-USD | −0.033% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| Aster TRXUSDT | −0.025% | −0.0253% | 8h | $1.1M | $540K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.022% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Paradex TRX-USD-PERP | −0.021% | +0.0095% | 8h | $8K | $333 | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.013% | −0.0165% | 1h | $60K | $4K | 10x | as long as short |
| Binance TRXUSDT | −0.007% | −0.0015% | 8h | $100.3M | $48.7M | 75x | as long as short |
| Bitget TRXUSDT | −0.007% | +0.0100% | 8h | $9.5M | $2.0M | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit TRXUSDT | −0.004% | +0.0070% | 8h | $54.7M | $7.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | −0.004% | −0.0006% | 8h | $15.5M | $8.9M | 50x | as long as short |
| MEXC TRX_USDT | −0.004% | −0.0015% | 8h | $17.6M | $1.9M | 200x | as long as short |
| Lighter TRX | −0.001% | +0.0096% | 1h | $446K | $612K | 10x | as long as short |
| HTX TRX-USDTlong | 0.000% | −0.0339% | 8h | $862K | $540K | 75x | |
| BingX TRX-USDT | +0.001% | −0.0015% | 8h | — | $35.3M | — | as long as short |
| Orderly PERP_TRX_USDC | +0.001% | +0.0076% | 8h | $15K | $200K | 20x | as long as short |
| SoDEX TRX-USD | +0.001% | −0.0020% | 1h | $410 | $5K | 5x | as long as short |
| Variational Omni TRX | +0.003% | +0.0093% | 8h | $560K | $35K | — | as long as short |
| Gate TRX_USDT | +0.007% | −0.0006% | 8h | $9.7M | $2.4M | 75x | as long as short |
| Phemex TRXUSDT | +0.013% | +0.0026% | 8h | $3.7M | $1.5M | 50x | as long as short |
| edgeX TRXUSDC | +0.016% | +0.0100% | 4h | $589K | $455K | 20x | as long as short |
| BloFin TRX-USDT | +0.019% | +0.0105% | 8h | $4.7M | $3.7M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.036% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| KuCoin TRXUSDTM | +0.036% | +0.0100% | 8h | $8.2M | $3.2M | 75x | as long as short |
| ApeX Omni TRXUSDT | +0.036% | +0.0100% | 1h | $115K | $546K | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.038% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| Hyperliquid TRX | +0.054% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.056% | +0.0191% | 1h | $1.8M | $799K | 25x | as long as short |
| dYdX TRX-USD | +0.075% | +0.0240% | 1h | $187K | $3K | 10x | as long as short |
| Phoenix TRX | +0.080% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUALshort | +0.080% | +0.0092% | 1h | $791K | $357K | 25x |