After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.061%7d average−0.018%fees + slippage, in and out−$40spread needed0.398%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3448 | 0.0100 | pay 0.0100% / 8h | 7h 14m | $8.6M | $3.6M | 75x |
| Short | Bybit TRXUSDT | 0.3446 | −0.0096 | pay 0.0096% / 8h | 7h 14m | $54.7M | $7.5M | 75x |
KuCoin TRXUSDTM
Bybit 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
- −$6.09
- Funding while held
- −$5.87
- Slippage, 4 orders
- −$16.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$51.72
- Spread needed to break even
- 0.398%
Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0196%
- Per $10,000 a day
- −$5.87
- 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, 10 min ago | 0.44 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 1.45 bp | 8.2 bp −$8 | 11.5 bp −$115 | 58.3 bp −$5,828 | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestedgeX0.3444+0.466%Variational Omni0.3446+0.516%
Injective
Variational OmniBybit0.3446+0.525%
BingX0.3446+0.528%Aevo0.3446+0.528%HTX0.3446+0.535%Bitget0.3446+0.537%SunX0.3446+0.537%Aster0.3446+0.539%ApeX Omni0.3447+0.540%Backpack0.3447+0.548%Reya0.3447+0.554%Gate0.3447+0.554%Extended0.3447+0.556%Paradex0.3447+0.557%OKX0.3447+0.557%BloFin0.3447+0.557%Binance0.3447+0.560%Orderly0.3447+0.560%SoDEX0.3447+0.560%Phemex0.3447+0.560%Lighter0.3447+0.563%MEXC0.3448+0.569%Phoenix0.3448+0.581%
BingX
Aevo
HTX
Bitget
SunX
Aster
ApeX Omni
Backpack
Reya
Gate
Extended
Paradex
OKX
BloFin
Binance
Orderly
SoDEX
Phemex
Lighter
MEXC
PhoenixKuCoin0.3448+0.586%
GMX0.3449+0.606%Hyperliquid0.3449+0.610%dYdX0.3449+0.612%gTrade (Gains Network)0.3449+0.625%Kraken Futures0.3450+0.636%Deribit0.3451+0.662%
GMX
Hyperliquid
dYdX
gTrade (Gains Network)
Kraken Futures
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 | −0.583% | +0.0033% | 1h | $1K | $70K | 12x | as long as short |
| edgeX TRXUSDC | −0.120% | +0.0100% | 4h | $588K | $453K | 20x | as long as short |
| Variational Omni TRX | −0.070% | +0.0050% | 8h | $559K | $35K | — | as long as short |
| Bybit TRXUSDTshort | −0.061% | −0.0096% | 8h | $54.7M | $7.5M | 75x | |
| BingX TRX-USDT | −0.058% | +0.0100% | 8h | — | $35.3M | — | as long as short |
| Aevo TRX-PERP | −0.058% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| HTX TRX-USDT | −0.051% | −0.0056% | 8h | $836K | $627K | 75x | as long as short |
| Bitget TRXUSDT | −0.049% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| SunX TRX-USDT | −0.049% | +0.0100% | 8h | $196K | $853K | 30x | as long as short |
| Aster TRXUSDT | −0.048% | −0.0163% | 8h | $914K | $581K | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni TRXUSDT | −0.046% | +0.0100% | 1h | $115K | $552K | 50x | as long as short |
| Backpack TRX_USDC_PERP | −0.038% | −0.0129% | 1h | $60K | $4K | 10x | as long as short |
| Reya TRXRUSDPERP | −0.032% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Gate TRX_USDT | −0.032% | +0.0100% | 8h | $9.7M | $2.4M | 75x | as long as short |
| Extended TRX-USD | −0.030% | 0.0000% | 1h | $195K | $1.1M | 25x | as long as short |
| Paradex TRX-USD-PERP | −0.029% | +0.0059% | 8h | $8K | $333 | 20x | as long as short |
| OKX TRX-USDT-SWAP | −0.029% | +0.0032% | 8h | $15.6M | $8.6M | 50x | as long as short |
| BloFin TRX-USDT | −0.029% | +0.0089% | 8h | $4.7M | $3.9M | 50x | as long as short |
| Binance TRXUSDT | −0.026% | 0.0000% | 8h | $100.4M | $50.9M | 75x | as long as short |
| Orderly PERP_TRX_USDC | −0.026% | +0.0083% | 8h | $15K | $112K | 20x | as long as short |
| SoDEX TRX-USD | −0.026% | −0.0108% | 1h | $407 | $5K | 5x | as long as short |
| Phemex TRXUSDT | −0.026% | −0.0049% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Lighter TRX | −0.023% | +0.0096% | 1h | $449K | $562K | 10x | as long as short |
| MEXC TRX_USDT | −0.017% | 0.0000% | 8h | $17.3M | $1.7M | 200x | as long as short |
| Phoenix TRX | −0.006% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| KuCoin TRXUSDTMlong | 0.000% | +0.0100% | 8h | $8.6M | $3.6M | 75x | |
| GMX TRX/USD [ETH-USDC] | +0.020% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| Hyperliquid TRX | +0.023% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| dYdX TRX-USD | +0.025% | 0.0000% | 1h | $186K | $3K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.038% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.049% | +0.0116% | 1h | $1.9M | $892K | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.076% | +0.0266% | 1h | $797K | $381K | 25x | as long as short |