TRX

Alert

After costs, if the gap returns to its 7d average, $10k−$18

spread now−0.005%7d average−0.058%fees + slippage, in and out−$24spread needed0.236%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid TRX	0.3440	0.0100	pay 0.0013% / 1h	55m 36s	$13.2M	$2.2M	10x
Short	edgeX TRXUSDC	0.3440	0.0100	get 0.0050% / 4h	1h 55m	$587K	$442K	20x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee HyperliquidbpFee edgeXbpOrdersClose when spread is

Slippage from Hyperliquid: live order book, 9 min ago; edgeX: live order book, 45 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 9 min ago	0.14 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 45 min ago	0.73 bp	5.3 bp −$5	6.6 bp −$66	doesn't fit	doesn't fit

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
Aevo TRX-PERP	−0.113%	+0.0072%	1h	$33K	—	3x	as long as short
Aster TRXUSDT	−0.108%	−0.0135%	8h	$912K	$585K	75x	as long as short
Bybit TRXUSDT	−0.090%	−0.0179%	8h	$54.5M	$7.6M	75x	as long as short
HTX TRX-USDT	−0.087%	−0.0111%	8h	$827K	$649K	75x	as long as short
Reya TRXRUSDPERP	−0.086%	−0.0133%	1h	$5	—	20x	as long as short
Lighter TRX	−0.076%	−0.0120%	1h	$477K	$604K	10x	as long as short
Gate TRX_USDT	−0.076%	+0.0045%	8h	$9.6M	$2.4M	75x	as long as short
Phemex TRXUSDT	−0.076%	−0.0047%	8h	$3.7M	$1.5M	50x	as long as short
BloFin TRX-USDT	−0.076%	+0.0093%	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
SoDEX TRX-USD	−0.073%	−0.0132%	1h	$401	$5K	5x	as long as short
Binance TRXUSDT	−0.070%	−0.0028%	8h	$99.2M	$50.8M	75x	as long as short
Backpack TRX_USDC_PERP	−0.070%	−0.0280%	1h	$60K	$4K	10x	as long as short
Bitget TRXUSDT	−0.064%	+0.0100%	8h	$9.4M	$2.1M	75x	as long as short
Orderly PERP_TRX_USDC	−0.052%	+0.0083%	8h	$15K	$110K	20x	as long as short
KuCoin TRXUSDTM	−0.049%	+0.0100%	8h	$8.6M	$3.6M	75x	as long as short
BingX TRX-USDT	−0.049%	−0.0176%	8h	—	$35.3M	—	as long as short
Paradex TRX-USD-PERP	−0.044%	+0.0006%	8h	$8K	$333	20x	as long as short
Extended TRX-USD	−0.040%	−0.0024%	1h	$194K	$1.1M	25x	as long as short
MEXC TRX_USDT	−0.038%	−0.0027%	8h	$16.9M	$1.6M	200x	as long as short
OKX TRX-USDT-SWAP	−0.035%	+0.0005%	8h	$15.5M	$8.7M	50x	as long as short
dYdX TRX-USD	−0.021%	0.0000%	1h	$186K	$3K	10x	as long as short
GMX TRX/USD [ETH-USDC]	−0.015%	L +0.0338% / S −0.0340%	1h	$18K	—	100x	as long as short
Variational Omni TRX	−0.008%	−0.0023%	8h	$558K	$34K	—	as long as short
edgeX TRXUSDCshort	−0.005%	+0.0100%	4h	$587K	$442K	20x
gTrade (Gains Network) TRX/USD	−0.002%	L +0.0003% / S −0.0007%	1h	$121K	—	150x	as long as short
Hyperliquid TRXlong	0.000%	+0.0100%	1h	$13.2M	$2.2M	10x
Kraken Futures PF_TRXUSD	+0.014%	−0.0044%	1h	$1.8M	$895K	25x	as long as short
SunX TRX-USDT	+0.025%	+0.0100%	8h	$196K	$883K	30x	as long as short
ApeX Omni TRXUSDT	+0.038%	+0.0100%	1h	$115K	$532K	50x	as long as short
Phoenix TRX	+0.041%	−0.0093%	1h	$5K	$13K	10x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.055%	+0.0282%	1h	$824K	$402K	25x	as long as short