After costs, if the gap returns to its 7d average, $10k−$38
spread now−0.026%7d average+0.004%fees + slippage, in and out−$35spread needed0.352%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TRXUSD | 0.3455 | 0.0426 | pay 0.0053% / 1h | 6m 10s | $1.9M | $923K | 25x |
| Short | Aster TRXUSDT | 0.3454 | −0.0164 | pay 0.0164% / 8h | 6m 10s | $929K | $554K | 75x |
Kraken Futures PF_TRXUSD
Aster 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
- −$2.58
- Funding while held
- −$17.7
- Slippage, 4 orders
- −$17.15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$55.43
- Spread needed to break even
- 0.352%
Slippage from Kraken Futures: live order book, 4 min ago; Aster: live order book, 48 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0590%
- Per $10,000 a day
- −$17.70
- 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 Kraken Futures live order book, 4 min ago | 4.48 bp | 9.5 bp −$9 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Aster live order book, 48 min ago | 0.14 bp | 5.1 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestAevo0.3452+0.693%SunX0.3452+0.693%HTX0.3452+0.699%Bybit0.3452+0.700%Backpack0.3452+0.709%Extended0.3453+0.721%Reya0.3453+0.723%SoDEX0.3453+0.723%ApeX Omni0.3453+0.726%OKX0.3453+0.729%BingX0.3453+0.729%Bitget0.3453+0.732%Paradex0.3453+0.734%Phemex0.3453+0.738%Variational Omni0.3453+0.739%Lighter0.3453+0.741%Gate0.3453+0.741%MEXC0.3453+0.741%Binance0.3453+0.742%Orderly0.3453+0.744%BloFin0.3454+0.750%
Injective
Aevo
SunX
HTX
Bybit
Backpack
Extended
Reya
SoDEX
ApeX Omni
OKX
BingX
Bitget
Paradex
Phemex
Variational Omni
Lighter
Gate
MEXC
Binance
Orderly
BloFinAster0.3454+0.761%
GMX0.3454+0.769%edgeX0.3454+0.771%Hyperliquid0.3454+0.773%KuCoin0.3454+0.773%gTrade (Gains Network)0.3455+0.784%dYdX0.3455+0.787%
GMX
Hyperliquid
KuCoin
gTrade (Gains Network)
dYdXKraken Futures0.3455+0.787%
Phoenix0.3456+0.805%Deribit0.3457+0.848%
Phoenix
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 | −0.781% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| Aevo TRX-PERP | −0.094% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| SunX TRX-USDT | −0.094% | +0.0100% | 8h | $196K | $829K | 30x | as long as short |
| HTX TRX-USDT | −0.088% | −0.0271% | 8h | $837K | $623K | 75x | as long as short |
| Bybit TRXUSDT | −0.087% | +0.0048% | 8h | $54.7M | $8.0M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.078% | −0.0104% | 1h | $60K | $4K | 10x | as long as short |
| Extended TRX-USD | −0.066% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
| Reya TRXRUSDPERP | −0.064% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| SoDEX TRX-USD | −0.063% | +0.0072% | 1h | $405 | $5K | 5x | as long as short |
| ApeX Omni TRXUSDT | −0.061% | +0.0100% | 1h | $115K | $547K | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | −0.058% | +0.0024% | 8h | $15.7M | $8.9M | 50x | as long as short |
| BingX TRX-USDC | −0.058% | 0.0000% | 8h | — | $6.5M | — | as long as short |
| Bitget TRXUSDT | −0.055% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| Paradex TRX-USD-PERP | −0.053% | +0.0091% | 8h | $8K | $333 | 20x | as long as short |
| Phemex TRXUSDT | −0.049% | +0.0046% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Variational Omni TRX | −0.048% | +0.0087% | 8h | $560K | $35K | — | as long as short |
| Lighter TRX | −0.046% | +0.0096% | 1h | $452K | $587K | 10x | as long as short |
| Gate TRX_USDT | −0.046% | +0.0045% | 8h | $9.7M | $2.5M | 75x | as long as short |
| MEXC TRX_USDT | −0.046% | +0.0007% | 8h | $17.5M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | −0.045% | +0.0008% | 8h | $101.1M | $51.1M | 75x | as long as short |
| Orderly PERP_TRX_USDC | −0.043% | +0.0080% | 8h | $15K | $149K | 20x | as long as short |
| BloFin TRX-USDT | −0.037% | +0.0029% | 8h | $4.7M | $3.9M | 50x | as long as short |
| Aster TRXUSDTshort | −0.026% | −0.0164% | 8h | $929K | $554K | 75x | |
| GMX TRX/USD [ETH-USDC] | −0.018% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| edgeX TRXUSDC | −0.016% | +0.0100% | 4h | $589K | $449K | 20x | as long as short |
| Hyperliquid TRX | −0.014% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTM | −0.014% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | −0.003% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| dYdX TRX-USD | −0.001% | +0.0070% | 1h | $187K | $3K | 10x | as long as short |
| Kraken Futures PF_TRXUSDlong | 0.000% | +0.0426% | 1h | $1.9M | $923K | 25x | |
| Phoenix TRX | +0.018% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.060% | +0.0445% | 1h | $791K | $397K | 25x | as long as short |