Spread before costs (cost unknown: a leg has no order-book sample)−0.063%
7d average—if it closes, per $10,000$6funding while held, a day−$7.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3452 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $8.6M | $3.5M | 75x |
| Short | Reya TRXRUSDPERP | 0.3450 | −0.0133 | pay 0.0017% / 1h | 38m 36s | $5 | — | 20x |
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
- −$6.34
- Funding while held
- −$7
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$31.34
- Spread needed to break even
- 0.180%
Slippage unknown: KuCoin: live order book, 6 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0233%
- Per $10,000 a day
- −$7.00
- 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, 6 min ago | 0.14 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.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 | −0.692% | +0.0033% | 1h | $1K | $70K | 12x | as long as short |
| Aevo TRX-PERP | −0.096% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| HTX TRX-USDT | −0.094% | +0.0050% | 8h | $836K | $624K | 75x | as long as short |
| SunX TRX-USDT | −0.090% | +0.0100% | 8h | $196K | $844K | 30x | as long as short |
| Extended TRX-USD | −0.080% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
| Bitget TRXUSDT | −0.072% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| Variational Omni TRX | −0.071% | +0.0065% | 8h | $560K | $35K | — | as long as short |
| Binance TRXUSDT | −0.070% | +0.0009% | 8h | $100.9M | $51.3M | 75x | as long as short |
| Reya TRXRUSDPERPshort | −0.063% | −0.0133% | 1h | $5 | — | 20x | |
| Aster TRXUSDT | −0.061% | −0.0167% | 8h | $916K | $577K | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | −0.056% | +0.0090% | 8h | $8K | $333 | 20x | as long as short |
| Bybit TRXUSDT | −0.055% | −0.0032% | 8h | $54.7M | $8.0M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.055% | −0.0131% | 1h | $60K | $4K | 10x | as long as short |
| OKX TRX-USDT-SWAP | −0.052% | +0.0035% | 8h | $15.6M | $8.7M | 50x | as long as short |
| BloFin TRX-USDT | −0.052% | +0.0034% | 8h | $4.6M | $3.9M | 50x | as long as short |
| BingX TRX-USDT | −0.049% | +0.0100% | 8h | — | $35.3M | — | as long as short |
| Phemex TRXUSDT | −0.049% | +0.0055% | 8h | $3.7M | $1.5M | 50x | as long as short |
| MEXC TRX_USDT | −0.046% | +0.0008% | 8h | $17.5M | $1.7M | 200x | as long as short |
| ApeX Omni TRXUSDT | −0.046% | +0.0100% | 1h | $115K | $549K | 50x | as long as short |
| Orderly PERP_TRX_USDC | −0.046% | +0.0084% | 8h | $15K | $113K | 20x | as long as short |
| SoDEX TRX-USD | −0.046% | −0.0038% | 1h | $407 | $5K | 5x | as long as short |
| edgeX TRXUSDC | −0.045% | +0.0100% | 4h | $589K | $450K | 20x | as long as short |
| Lighter TRX | −0.041% | +0.0096% | 1h | $450K | $561K | 10x | as long as short |
| Gate TRX_USDT | −0.038% | +0.0100% | 8h | $9.7M | $2.4M | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | −0.015% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| Phoenix TRX | −0.012% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| KuCoin TRXUSDTMlong | 0.000% | +0.0100% | 8h | $8.6M | $3.5M | 75x | |
| gTrade (Gains Network) TRX/USD | +0.006% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| Hyperliquid TRX | +0.014% | +0.0100% | 1h | $13.2M | $2.1M | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.028% | +0.0115% | 1h | $1.9M | $902K | 25x | as long as short |
| dYdX TRX-USD | +0.032% | 0.0000% | 1h | $187K | $3K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.061% | +0.0335% | 1h | $794K | $401K | 25x | as long as short |
KuCoin TRXUSDTM
Injective
HTX
SunX
Extended
Bitget
Variational Omni
Binance
Aster
Paradex
Bybit
Backpack
OKX
BloFin
BingX
Phemex
MEXC
ApeX Omni
SoDEX
Lighter
Gate
GMX
Phoenix
gTrade (Gains Network)
Hyperliquid
Kraken Futures
Deribit