Spread before costs (cost unknown: a leg has no order-book sample)−0.026%
7d average−0.003%if it closes, per $10,000$3funding while held, a day−$0.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3453 | 0.0100 | pay 0.0100% / 8h | 7h 46m | $8.6M | $3.5M | 75x |
| Short | Orderly PERP_TRX_USDC | 0.3452 | 0.0082 | get 0.0082% / 8h | 7h 46m | $15K | $113K | 20x |
KuCoin TRXUSDTM
Orderly PERP_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
- −$2.61
- Funding while held
- −$0.54
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$21.15
- Spread needed to break even
- 0.180%
Slippage unknown: KuCoin: live order book, 8 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.54
- 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, 8 min ago | 0.29 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestHTX0.3450+0.633%SunX0.3450+0.634%Variational Omni0.3450+0.636%Aster0.3450+0.639%Aevo0.3450+0.651%Bitget0.3451+0.656%ApeX Omni0.3451+0.665%Binance0.3451+0.666%Extended0.3451+0.667%Backpack0.3451+0.668%Bybit0.3451+0.671%Reya0.3451+0.672%Phemex0.3451+0.674%OKX0.3451+0.677%BingX0.3451+0.677%Lighter0.3451+0.683%Gate0.3451+0.683%SoDEX0.3452+0.686%edgeX0.3452+0.686%MEXC0.3452+0.688%Paradex0.3452+0.696%BloFin0.3452+0.703%Phoenix0.3452+0.712%
Injective
HTX
SunX
Variational Omni
Aster
Aevo
Bitget
ApeX Omni
Binance
Extended
Backpack
Bybit
Reya
Phemex
OKX
BingX
Lighter
Gate
SoDEX
MEXC
Paradex
BloFin
PhoenixOrderly0.3452+0.712%
dYdX0.3453+0.729%Hyperliquid0.3453+0.738%
dYdX
HyperliquidKuCoin0.3453+0.738%
GMX0.3453+0.743%Kraken Futures0.3454+0.749%gTrade (Gains Network)0.3454+0.755%Deribit0.3455+0.800%
GMX
Kraken Futures
gTrade (Gains Network)
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 | −0.733% | +0.0033% | 1h | $1K | $70K | 12x | as long as short |
| HTX TRX-USDT | −0.104% | +0.0020% | 8h | $837K | $625K | 75x | as long as short |
| SunX TRX-USDT | −0.103% | +0.0100% | 8h | $196K | $842K | 30x | as long as short |
| Variational Omni TRX | −0.102% | +0.0071% | 8h | $560K | $35K | — | as long as short |
| Aster TRXUSDT | −0.098% | −0.0167% | 8h | $916K | $577K | 75x | as long as short |
| Aevo TRX-PERP | −0.087% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Bitget TRXUSDT | −0.081% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| ApeX Omni TRXUSDT | −0.072% | +0.0100% | 1h | $115K | $548K | 50x | as long as short |
| Binance TRXUSDT | −0.071% | +0.0008% | 8h | $101.0M | $51.4M | 75x | as long as short |
| Extended TRX-USD | −0.070% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack TRX_USDC_PERP | −0.069% | −0.0133% | 1h | $60K | $4K | 10x | as long as short |
| Bybit TRXUSDT | −0.067% | −0.0071% | 8h | $54.7M | $8.0M | 75x | as long as short |
| Reya TRXRUSDPERP | −0.065% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Phemex TRXUSDT | −0.064% | +0.0051% | 8h | $3.7M | $1.5M | 50x | as long as short |
| OKX TRX-USDT-SWAP | −0.061% | +0.0032% | 8h | $15.6M | $8.9M | 50x | as long as short |
| BingX TRX-USDC | −0.061% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Lighter TRX | −0.055% | +0.0096% | 1h | $450K | $561K | 10x | as long as short |
| Gate TRX_USDT | −0.055% | +0.0100% | 8h | $9.7M | $2.4M | 75x | as long as short |
| SoDEX TRX-USD | −0.052% | −0.0043% | 1h | $406 | $5K | 5x | as long as short |
| edgeX TRXUSDC | −0.051% | +0.0100% | 4h | $589K | $452K | 20x | as long as short |
| MEXC TRX_USDT | −0.049% | +0.0007% | 8h | $17.5M | $1.7M | 200x | as long as short |
| Paradex TRX-USD-PERP | −0.042% | +0.0089% | 8h | $8K | $333 | 20x | as long as short |
| BloFin TRX-USDT | −0.035% | +0.0030% | 8h | $4.7M | $3.9M | 50x | as long as short |
| Phoenix TRX | −0.026% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| Orderly PERP_TRX_USDCshort | −0.026% | +0.0082% | 8h | $15K | $113K | 20x | |
| dYdX TRX-USD | −0.009% | 0.0000% | 1h | $187K | $3K | 10x | as long as short |
| Hyperliquid TRX | 0.000% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTMlong | 0.000% | +0.0100% | 8h | $8.6M | $3.5M | 75x | |
| GMX TRX/USD [ETH-USDC] | +0.005% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.011% | +0.0115% | 1h | $1.9M | $907K | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.017% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.062% | +0.0239% | 1h | $791K | $397K | 25x | as long as short |