Spread before costs (cost unknown: a leg has no order-book sample)−0.029%
7d average−0.016%if it closes, per $10,000$3funding while held, a day+$11.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TRX-USDT | 0.3451 | −0.0285 | get 0.0285% / 8h | 16m 20s | $837K | $625K | 75x |
| Short | Variational Omni TRX | 0.3450 | 0.0088 | get 0.0088% / 8h | 16m 20s | $560K | $35K | — |
HTX TRX-USDT
Variational Omni TRXPrice 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
- −$2.88
- Funding while held
- $11.17
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.71
- Spread needed to break even
- 0.120%
Slippage unknown: HTX: live order book, 34 min ago; Variational Omni: RFQ quote, 34 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0372%
- Per $10,000 a day
- +$11.17
- 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, 34 min ago | 4.43 bp | 10.4 bp −$10 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 34 min ago | 5.79 bp | doesn't fit | 11.6 bp −$116 | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapest
InjectiveVariational Omni0.3450+0.648%
HTX0.3451+0.677%
SunX0.3451+0.679%edgeX0.3452+0.686%Backpack0.3452+0.703%BloFin0.3452+0.706%Paradex0.3452+0.709%Aevo0.3452+0.712%Reya0.3453+0.715%ApeX Omni0.3453+0.718%dYdX0.3453+0.720%Lighter0.3453+0.726%Aster0.3453+0.728%Phoenix0.3453+0.729%Phemex0.3453+0.729%Gate0.3453+0.735%MEXC0.3453+0.738%Extended0.3454+0.744%Bitget0.3454+0.750%BingX0.3454+0.750%Binance0.3454+0.756%Bybit0.3454+0.758%Orderly0.3454+0.758%SoDEX0.3454+0.758%OKX0.3454+0.770%GMX0.3455+0.777%Hyperliquid0.3455+0.782%gTrade (Gains Network)0.3455+0.790%KuCoin0.3455+0.793%Kraken Futures0.3456+0.823%Deribit0.3457+0.852%
SunX
Backpack
BloFin
Paradex
Aevo
Reya
ApeX Omni
dYdX
Lighter
Aster
Phoenix
Phemex
Gate
MEXC
Extended
Bitget
BingX
Binance
Bybit
Orderly
SoDEX
OKX
GMX
Hyperliquid
gTrade (Gains Network)
KuCoin
Kraken Futures
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 | −0.672% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| Variational Omni TRXshort | −0.029% | +0.0088% | 8h | $560K | $35K | — | |
| HTX TRX-USDTlong | 0.000% | −0.0285% | 8h | $837K | $625K | 75x | |
| SunX TRX-USDT | +0.002% | +0.0100% | 8h | $196K | $828K | 30x | as long as short |
| edgeX TRXUSDC | +0.009% | +0.0100% | 4h | $589K | $452K | 20x | as long as short |
| Backpack TRX_USDC_PERP | +0.026% | −0.0109% | 1h | $60K | $4K | 10x | as long as short |
| BloFin TRX-USDT | +0.029% | +0.0119% | 8h | $4.7M | $3.8M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.032% | +0.0089% | 8h | $8K | $333 | 20x | as long as short |
| Aevo TRX-PERP | +0.035% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Reya TRXRUSDPERP | +0.038% | −0.0133% | 1h | $5 | — | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni TRXUSDT | +0.041% | +0.0100% | 1h | $115K | $548K | 50x | as long as short |
| dYdX TRX-USD | +0.043% | +0.0086% | 1h | $187K | $3K | 10x | as long as short |
| Lighter TRX | +0.049% | +0.0096% | 1h | $452K | $587K | 10x | as long as short |
| Aster TRXUSDT | +0.051% | −0.0181% | 8h | $929K | $557K | 75x | as long as short |
| Phoenix TRX | +0.052% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Phemex TRXUSDT | +0.052% | +0.0041% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Gate TRX_USDT | +0.058% | +0.0035% | 8h | $9.7M | $2.4M | 75x | as long as short |
| MEXC TRX_USDT | +0.061% | −0.0001% | 8h | $17.5M | $1.7M | 200x | as long as short |
| Extended TRX-USD | +0.067% | 0.0000% | 1h | $195K | $1.1M | 25x | as long as short |
| Bitget TRXUSDT | +0.072% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.072% | −0.0009% | 8h | — | $6.5M | — | as long as short |
| Binance TRXUSDT | +0.078% | 0.0000% | 8h | $101.0M | $50.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.081% | +0.0056% | 8h | $54.8M | $7.9M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.081% | +0.0080% | 8h | $15K | $155K | 20x | as long as short |
| SoDEX TRX-USD | +0.081% | +0.0063% | 1h | $407 | $5K | 5x | as long as short |
| OKX TRX-USDT-SWAP | +0.093% | +0.0014% | 8h | $15.7M | $8.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.100% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| Hyperliquid TRX | +0.104% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.112% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| KuCoin TRXUSDTM | +0.116% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.145% | +0.0426% | 1h | $1.9M | $926K | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.174% | +0.0129% | 1h | $791K | $397K | 25x | as long as short |