After costs, if the gap returns to its 7d average, $10k−$283
spread now−0.015%7d average−0.014%fees + slippage, in and out−$282spread needed2.824%
| 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 | 58m 08s | $13.1M | $2.2M | 10x |
| Short | gTrade (Gains Network) TRX/USD | 0.3439 | L +0.0003% / S −0.0007% | get 0.0001% / 1h | 58m 08s | $121K | — | 150x |
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
- −$1.51
- Funding while held
- −$2.8
- Slippage, 4 orders
- −$263.41
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$286.71
- Spread needed to break even
- 2.824%
Slippage from Hyperliquid: live order book, 6 min ago; gTrade (Gains Network): virtual book (oracle venue), 17 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0093%
- Per $10,000 a day
- −$2.80
- 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 Hyperliquid live order book, 6 min ago | 0.44 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 17 min ago | 130.03 bp | 135.0 bp −$135 | 205.2 bp −$2,052 | 2197.0 bp −$219.7K | 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 | |
|---|---|---|---|---|---|---|---|
| Aevo TRX-PERP | −0.115% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Bybit TRXUSDT | −0.108% | −0.0155% | 8h | $54.6M | $7.6M | 75x | as long as short |
| HTX TRX-USDT | −0.101% | −0.0042% | 8h | $827K | $655K | 75x | as long as short |
| Extended TRX-USD | −0.092% | −0.0016% | 1h | $194K | $1.1M | 25x | as long as short |
| Variational Omni TRX | −0.091% | −0.0063% | 8h | $558K | $34K | — | as long as short |
| Bitget TRXUSDT | −0.090% | +0.0072% | 8h | $9.4M | $2.0M | 75x | as long as short |
| Reya TRXRUSDPERP | −0.088% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Lighter TRX | −0.087% | +0.0032% | 1h | $484K | $614K | 10x | as long as short |
| BingX TRX-USDT | −0.087% | −0.0161% | 8h | — | $37.9M | — | as long as short |
| BloFin TRX-USDT | −0.084% | +0.0101% | 8h | $4.7M | $3.9M | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.081% | −0.0102% | 8h | $913K | $589K | 75x | as long as short |
| KuCoin TRXUSDTM | −0.078% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| Paradex TRX-USD-PERP | −0.077% | +0.0015% | 8h | $8K | $333 | 20x | as long as short |
| OKX TRX-USDT-SWAP | −0.076% | +0.0007% | 8h | $15.5M | $8.7M | 50x | as long as short |
| Gate TRX_USDT | −0.073% | +0.0056% | 8h | $9.6M | $2.4M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.073% | −0.0234% | 1h | $60K | $4K | 10x | as long as short |
| Orderly PERP_TRX_USDC | −0.073% | +0.0082% | 8h | $14K | $107K | 20x | as long as short |
| SoDEX TRX-USD | −0.073% | +0.0010% | 1h | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | −0.067% | +0.0032% | 8h | $3.7M | $1.5M | 50x | as long as short |
| MEXC TRX_USDT | −0.064% | −0.0018% | 8h | $17.0M | $1.6M | 200x | as long as short |
| Binance TRXUSDT | −0.063% | −0.0019% | 8h | $99.3M | $50.8M | 75x | as long as short |
| edgeX TRXUSDC | −0.060% | +0.0100% | 4h | $586K | $447K | 20x | as long as short |
| dYdX TRX-USD | −0.037% | +0.0594% | 1h | $186K | $3K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | −0.029% | L +0.0337% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| Phoenix TRX | −0.026% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.020% | −0.0135% | 1h | $1K | $52K | 12x | as long as short |
| gTrade (Gains Network) TRX/USDshort | −0.015% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | |
| ApeX Omni TRXUSDT | −0.003% | +0.0100% | 1h | $115K | $532K | 50x | as long as short |
| Hyperliquid TRXlong | 0.000% | +0.0100% | 1h | $13.1M | $2.2M | 10x | |
| Kraken Futures PF_TRXUSD | +0.005% | −0.0045% | 1h | $1.8M | $893K | 25x | as long as short |
| SunX TRX-USDT | +0.035% | +0.0100% | 8h | $196K | $900K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.044% | +0.0300% | 1h | $829K | $369K | 25x | as long as short |
Hyperliquid TRX
gTrade (Gains Network) TRX/USD
Bybit
HTX
Extended
Variational Omni
Bitget
Lighter
BingX
BloFin
Aster
KuCoin
Paradex
OKX
Gate
Backpack
SoDEX
Phemex
MEXC
Binance
GMX
Phoenix
Injective
ApeX Omni
Kraken Futures
SunX
Deribit