After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.052%7d average−0.006%fees + slippage, in and out−$43spread needed0.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3455 | 0.0100 | pay 0.0100% / 8h | 44m 01s | $8.7M | $3.5M | 75x |
| Short | BingX TRX-USDC | 0.3453 | −0.0017 | pay 0.0017% / 8h | 44m 01s | — | $6.5M | — |
KuCoin TRXUSDTM
BingX TRX-USDCPrice 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
- −$5.21
- Funding while held
- −$3.51
- Slippage, 4 orders
- −$21.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.12
- Spread needed to break even
- 0.434%
Slippage from KuCoin: live order book, 11 min ago; BingX: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0117%
- Per $10,000 a day
- −$3.51
- 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 KuCoin live order book, 11 min ago | 0.14 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 0.73 bp | 8.8 bp −$9 | 27.7 bp −$277 | 279.0 bp −$27.9K | 1001.7 bp −$500.9K |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestSunX0.3451+0.675%Aevo0.3451+0.680%Backpack0.3452+0.709%Extended0.3452+0.712%HTX0.3452+0.714%Reya0.3453+0.717%Binance0.3453+0.718%Aster0.3453+0.721%edgeX0.3453+0.721%Phemex0.3453+0.723%OKX0.3453+0.726%
Injective
SunX
Aevo
Backpack
Extended
HTX
Reya
Binance
Aster
Phemex
OKXBingX0.3453+0.726%
SoDEX0.3453+0.726%Bybit0.3453+0.729%MEXC0.3453+0.729%Bitget0.3453+0.729%Paradex0.3453+0.730%Lighter0.3453+0.732%Variational Omni0.3453+0.732%Orderly0.3453+0.735%ApeX Omni0.3453+0.738%Gate0.3453+0.741%Phoenix0.3454+0.756%GMX0.3454+0.763%gTrade (Gains Network)0.3454+0.773%BloFin0.3454+0.773%
SoDEX
Bybit
MEXC
Bitget
Paradex
Lighter
Variational Omni
Orderly
ApeX Omni
Gate
Phoenix
GMX
gTrade (Gains Network)
BloFinKuCoin0.3455+0.779%
Hyperliquid0.3455+0.788%Kraken Futures0.3455+0.794%dYdX0.3456+0.807%Deribit0.3456+0.817%
Hyperliquid
Kraken Futures
dYdX
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 | −0.773% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| SunX TRX-USDT | −0.103% | +0.0100% | 8h | $196K | $830K | 30x | as long as short |
| Aevo TRX-PERP | −0.098% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Backpack TRX_USDC_PERP | −0.069% | −0.0121% | 1h | $60K | $4K | 10x | as long as short |
| Extended TRX-USD | −0.066% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| HTX TRX-USDT | −0.065% | −0.0323% | 8h | $848K | $586K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.061% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Binance TRXUSDT | −0.061% | −0.0016% | 8h | $100.5M | $49.5M | 75x | as long as short |
| Aster TRXUSDT | −0.058% | −0.0230% | 8h | $938K | $551K | 75x | as long as short |
| edgeX TRXUSDC | −0.057% | +0.0100% | 4h | $589K | $456K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex TRXUSDT | −0.055% | +0.0029% | 8h | $3.7M | $1.5M | 50x | as long as short |
| OKX TRX-USDT-SWAP | −0.052% | −0.0001% | 8h | $15.6M | $8.8M | 50x | as long as short |
| BingX TRX-USDCshort | −0.052% | −0.0017% | 8h | — | $6.5M | — | |
| SoDEX TRX-USD | −0.052% | +0.0010% | 1h | $410 | $5K | 5x | as long as short |
| Bybit TRXUSDT | −0.049% | +0.0063% | 8h | $54.7M | $7.8M | 75x | as long as short |
| MEXC TRX_USDT | −0.049% | −0.0015% | 8h | $17.5M | $1.7M | 200x | as long as short |
| Bitget TRXUSDT | −0.049% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| Paradex TRX-USD-PERP | −0.048% | +0.0089% | 8h | $8K | $333 | 20x | as long as short |
| Lighter TRX | −0.046% | +0.0096% | 1h | $446K | $577K | 10x | as long as short |
| Variational Omni TRX | −0.046% | +0.0094% | 8h | $560K | $35K | — | as long as short |
| Orderly PERP_TRX_USDC | −0.043% | +0.0077% | 8h | $15K | $188K | 20x | as long as short |
| ApeX Omni TRXUSDT | −0.041% | +0.0100% | 1h | $115K | $548K | 50x | as long as short |
| Gate TRX_USDT | −0.038% | +0.0007% | 8h | $9.7M | $2.3M | 75x | as long as short |
| Phoenix TRX | −0.023% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | −0.016% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | −0.006% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| BloFin TRX-USDT | −0.006% | +0.0104% | 8h | $4.7M | $3.8M | 50x | as long as short |
| KuCoin TRXUSDTMlong | 0.000% | +0.0100% | 8h | $8.7M | $3.5M | 75x | |
| Hyperliquid TRX | +0.009% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.015% | +0.0426% | 1h | $1.9M | $908K | 25x | as long as short |
| dYdX TRX-USD | +0.028% | +0.0124% | 1h | $188K | $3K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.038% | +0.0121% | 1h | $796K | $381K | 25x | as long as short |