After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.081%7d average−0.018%fees + slippage, in and out−$23spread needed0.234%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TRXUSD | 0.3439 | −0.0044 | get 0.0006% / 1h | 9m 00s | $1.8M | $886K | 25x |
| Short | MEXC TRX_USDT | 0.3436 | −0.0018 | pay 0.0018% / 8h | 5h 09m | $17.0M | $1.7M | 200x |
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
- −$8.13
- Funding while held
- $0.79
- Slippage, 4 orders
- −$9.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$30.7
- Spread needed to break even
- 0.234%
Slippage from Kraken Futures: live order book, 1 min ago; MEXC: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0026%
- Per $10,000 a day
- +$0.79
- 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, 1 min ago | 2.62 bp | 8.0 bp −$8 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.15 bp | 2.4 bp −$2 | 4.5 bp −$45 | 24.0 bp −$2,403 | 41.1 bp −$20.5K |
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 | −0.125% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| HTX TRX-USDT | −0.102% | −0.0052% | 8h | $827K | $655K | 75x | as long as short |
| Variational Omni TRX | −0.100% | −0.0058% | 8h | $558K | $34K | — | as long as short |
| Extended TRX-USD | −0.097% | −0.0016% | 1h | $194K | $1.1M | 25x | as long as short |
| Reya TRXRUSDPERP | −0.091% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.090% | −0.0163% | 8h | $54.6M | $7.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | −0.090% | +0.0006% | 8h | $15.5M | $8.7M | 50x | as long as short |
| KuCoin TRXUSDTM | −0.090% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| BingX TRX-USDC | −0.090% | −0.0162% | 8h | — | $6.5M | — | as long as short |
| Lighter TRX | −0.087% | 0.0000% | 1h | $484K | $615K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC TRX_USDTshort | −0.081% | −0.0018% | 8h | $17.0M | $1.7M | 200x | |
| SoDEX TRX-USD | −0.081% | −0.0080% | 1h | $399 | $5K | 5x | as long as short |
| Phemex TRXUSDT | −0.081% | +0.0020% | 8h | $3.7M | $1.5M | 50x | as long as short |
| BloFin TRX-USDT | −0.081% | +0.0101% | 8h | $4.7M | $3.9M | 50x | as long as short |
| Gate TRX_USDT | −0.078% | +0.0057% | 8h | $9.6M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | −0.078% | +0.0080% | 8h | $9.4M | $2.1M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.075% | −0.0263% | 1h | $60K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERP | −0.074% | +0.0014% | 8h | $8K | $333 | 20x | as long as short |
| Binance TRXUSDT | −0.072% | −0.0019% | 8h | $99.1M | $50.8M | 75x | as long as short |
| Aster TRXUSDT | −0.064% | −0.0108% | 8h | $913K | $589K | 75x | as long as short |
| Orderly PERP_TRX_USDC | −0.058% | +0.0082% | 8h | $14K | $107K | 20x | as long as short |
| edgeX TRXUSDC | −0.038% | +0.0100% | 4h | $586K | $445K | 20x | as long as short |
| GMX TRX/USD [ETH-USDC] | −0.021% | L +0.0337% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| dYdX TRX-USD | −0.019% | +0.0138% | 1h | $186K | $3K | 10x | as long as short |
| Phoenix TRX | −0.014% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | −0.013% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Hyperliquid TRX | −0.011% | +0.0100% | 1h | $13.2M | $2.1M | 10x | as long as short |
| Injective TRX/USDC PERP | −0.003% | +0.0033% | 1h | $1K | $71K | 12x | as long as short |
| Kraken Futures PF_TRXUSDlong | 0.000% | −0.0044% | 1h | $1.8M | $886K | 25x | |
| ApeX Omni TRXUSDT | +0.015% | +0.0100% | 1h | $115K | $533K | 50x | as long as short |
| SunX TRX-USDT | +0.027% | +0.0100% | 8h | $196K | $897K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.042% | +0.0297% | 1h | $829K | $375K | 25x | as long as short |
Kraken Futures PF_TRXUSD
MEXC TRX_USDT
HTX
Variational Omni
Extended
Bybit
OKX
KuCoin
BingX
Lighter
SoDEX
Phemex
BloFin
Gate
Bitget
Backpack
Paradex
Binance
Aster
GMX
Phoenix
gTrade (Gains Network)
Hyperliquid
Injective
ApeX Omni
SunX
Deribit