After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.071%7d average+0.066%fees + slippage, in and out−$33spread needed0.335%
| 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 | 41m 14s | $8.7M | $3.5M | 75x |
| Short | Deribit TRX_USDC-PERPETUAL | 0.3458 | 0.0126 | get 0.0016% / 1h | 41m 14s | $799K | $383K | 25x |
KuCoin TRXUSDTM
Deribit TRX_USDC-PERPETUALPrice 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
- $7.12
- Funding while held
- $0.78
- Slippage, 4 orders
- −$14.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$25.56
- Spread needed to break even
- 0.335%
Slippage from KuCoin: live order book, 3 min ago; Deribit: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0026%
- Per $10,000 a day
- +$0.78
- 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, 3 min ago | 0.14 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 9 min ago | 1.16 bp | 4.7 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.Injective0.3428cheapestedgeX0.3453+0.728%Variational Omni0.3453+0.732%SunX0.3453+0.735%Aevo0.3453+0.744%Backpack0.3454+0.750%Bybit0.3454+0.758%Extended0.3454+0.772%BingX0.3454+0.773%OKX0.3455+0.776%Aster0.3455+0.785%ApeX Omni0.3455+0.785%Paradex0.3455+0.786%HTX0.3455+0.786%Lighter0.3455+0.788%Bitget0.3455+0.788%SoDEX0.3455+0.788%Phemex0.3455+0.788%Reya0.3455+0.790%Binance0.3455+0.791%MEXC0.3455+0.791%BloFin0.3455+0.791%
Injective
Variational Omni
SunX
Aevo
Backpack
Bybit
Extended
BingX
OKX
Aster
ApeX Omni
Paradex
HTX
Lighter
Bitget
SoDEX
Phemex
Reya
Binance
MEXC
BloFinKuCoin0.3455+0.799%
Orderly0.3456+0.802%GMX0.3456+0.810%gTrade (Gains Network)0.3456+0.810%Gate0.3456+0.814%Phoenix0.3457+0.837%Kraken Futures0.3457+0.838%dYdX0.3457+0.839%Hyperliquid0.3457+0.855%
Orderly
GMX
gTrade (Gains Network)
Gate
Phoenix
Kraken Futures
dYdX
HyperliquidDeribit0.3458+0.871%
TRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.793% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| edgeX TRXUSDC | −0.071% | +0.0100% | 4h | $589K | $452K | 20x | as long as short |
| Variational Omni TRX | −0.066% | +0.0094% | 8h | $560K | $35K | — | as long as short |
| SunX TRX-USDT | −0.064% | +0.0100% | 8h | $196K | $833K | 30x | as long as short |
| Aevo TRX-PERP | −0.055% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Backpack TRX_USDC_PERP | −0.049% | −0.0127% | 1h | $60K | $4K | 10x | as long as short |
| Bybit TRXUSDT | −0.041% | +0.0066% | 8h | $54.7M | $7.9M | 75x | as long as short |
| Extended TRX-USD | −0.027% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| BingX TRX-USDC | −0.026% | −0.0017% | 8h | — | $6.5M | — | as long as short |
| OKX TRX-USDT-SWAP | −0.023% | 0.0000% | 8h | $15.6M | $8.8M | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.014% | −0.0224% | 8h | $937K | $551K | 75x | as long as short |
| ApeX Omni TRXUSDT | −0.014% | +0.0100% | 1h | $115K | $547K | 50x | as long as short |
| Paradex TRX-USD-PERP | −0.013% | +0.0089% | 8h | $8K | $333 | 20x | as long as short |
| HTX TRX-USDT | −0.013% | −0.0320% | 8h | $850K | $586K | 75x | as long as short |
| Lighter TRX | −0.012% | +0.0096% | 1h | $447K | $577K | 10x | as long as short |
| Bitget TRXUSDT | −0.012% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| SoDEX TRX-USD | −0.012% | +0.0038% | 1h | $408 | $5K | 5x | as long as short |
| Phemex TRXUSDT | −0.012% | +0.0033% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Reya TRXRUSDPERP | −0.009% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Binance TRXUSDT | −0.009% | −0.0015% | 8h | $100.6M | $49.9M | 75x | as long as short |
| MEXC TRX_USDT | −0.009% | −0.0015% | 8h | $17.6M | $1.7M | 200x | as long as short |
| BloFin TRX-USDT | −0.009% | +0.0105% | 8h | $4.7M | $3.8M | 50x | as long as short |
| KuCoin TRXUSDTMlong | 0.000% | +0.0100% | 8h | $8.7M | $3.5M | 75x | |
| Orderly PERP_TRX_USDC | +0.003% | +0.0077% | 8h | $15K | $180K | 20x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.010% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.011% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| Gate TRX_USDT | +0.014% | +0.0010% | 8h | $9.7M | $2.3M | 75x | as long as short |
| Phoenix TRX | +0.038% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.038% | +0.0426% | 1h | $1.8M | $911K | 25x | as long as short |
| dYdX TRX-USD | +0.039% | +0.0104% | 1h | $187K | $3K | 10x | as long as short |
| Hyperliquid TRX | +0.055% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUALshort | +0.071% | +0.0126% | 1h | $799K | $383K | 25x |