After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.067%7d average+0.008%fees + slippage, in and out−$31spread needed0.311%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TRX | 0.3448 | 0.0096 | pay 0.0012% / 1h | 40m 22s | $518K | $502K | 10x |
| Short | ApeX Omni TRXUSDT | 0.3446 | 0.0100 | get 0.0013% / 1h | 40m 22s | $115K | $545K | 50x |
Lighter TRX
ApeX Omni 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
- −$6.67
- Funding while held
- $0.12
- Slippage, 4 orders
- −$21.11
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$37.66
- Spread needed to break even
- 0.311%
Slippage from Lighter: live order book, 7 min ago; ApeX Omni: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Lighter live order book, 7 min ago | 1.01 bp | 2.5 bp −$2 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 14 min ago | 4.64 bp | 14.7 bp −$15 | 151.8 bp −$1,518 | doesn't fit | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestAevo0.3445+0.484%SunX0.3445+0.504%Extended0.3445+0.508%Reya0.3446+0.522%Paradex0.3446+0.525%Backpack0.3446+0.528%
Injective
Aevo
SunX
Extended
Reya
Paradex
BackpackApeX Omni0.3446+0.531%
Aster0.3446+0.532%Orderly0.3446+0.534%HTX0.3446+0.535%Variational Omni0.3447+0.544%edgeX0.3447+0.545%BingX0.3447+0.546%Bitget0.3447+0.548%Binance0.3447+0.551%OKX0.3447+0.551%SoDEX0.3447+0.551%Bybit0.3447+0.554%Gate0.3447+0.554%MEXC0.3447+0.557%Phemex0.3447+0.557%GMX0.3447+0.566%BloFin0.3448+0.575%gTrade (Gains Network)0.3448+0.575%KuCoin0.3448+0.586%Kraken Futures0.3448+0.595%
Aster
Orderly
HTX
Variational Omni
BingX
Bitget
Binance
OKX
SoDEX
Bybit
Gate
MEXC
Phemex
GMX
BloFin
gTrade (Gains Network)
KuCoin
Kraken FuturesLighter0.3448+0.598%
Phoenix0.3449+0.607%dYdX0.3449+0.615%Hyperliquid0.3449+0.618%Deribit0.3449+0.625%
Phoenix
dYdX
Hyperliquid
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 | −0.594% | +0.0033% | 1h | $1K | $124K | 12x | as long as short |
| Aevo TRX-PERP | −0.114% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| SunX TRX-USDT | −0.093% | +0.0100% | 8h | $196K | $963K | 30x | as long as short |
| Extended TRX-USD | −0.089% | −0.0024% | 1h | $195K | $1.1M | 25x | as long as short |
| Reya TRXRUSDPERP | −0.075% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Paradex TRX-USD-PERP | −0.073% | +0.0088% | 8h | $8K | $333 | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.070% | −0.0185% | 1h | $60K | $4K | 10x | as long as short |
| ApeX Omni TRXUSDTshort | −0.067% | +0.0100% | 1h | $115K | $545K | 50x | |
| Aster TRXUSDT | −0.066% | −0.0244% | 8h | $1.1M | $408K | 75x | as long as short |
| Orderly PERP_TRX_USDC | −0.064% | +0.0073% | 8h | $15K | $200K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.062% | −0.0363% | 8h | $872K | $542K | 75x | as long as short |
| Variational Omni TRX | −0.053% | +0.0055% | 8h | $559K | $35K | — | as long as short |
| edgeX TRXUSDC | −0.053% | +0.0100% | 4h | $588K | $481K | 20x | as long as short |
| BingX TRX-USDT | −0.052% | +0.0100% | 8h | — | $11.4M | — | as long as short |
| Bitget TRXUSDT | −0.049% | +0.0100% | 8h | $9.4M | $2.0M | 75x | as long as short |
| Binance TRXUSDT | −0.046% | −0.0022% | 8h | $100.0M | $51.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | −0.046% | −0.0008% | 8h | $15.6M | $9.1M | 50x | as long as short |
| SoDEX TRX-USD | −0.046% | −0.0025% | 1h | $406 | $5K | 5x | as long as short |
| Bybit TRXUSDT | −0.043% | +0.0052% | 8h | $54.7M | $7.9M | 75x | as long as short |
| Gate TRX_USDT | −0.043% | −0.0035% | 8h | $9.6M | $2.2M | 75x | as long as short |
| MEXC TRX_USDT | −0.041% | −0.0022% | 8h | $17.3M | $1.8M | 200x | as long as short |
| Phemex TRXUSDT | −0.041% | +0.0010% | 8h | $3.7M | $1.5M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | −0.032% | L +0.0342% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| BloFin TRX-USDT | −0.023% | +0.0098% | 8h | $4.0M | $3.8M | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | −0.023% | L +0.0003% / S −0.0008% | 1h | $115K | — | 150x | as long as short |
| KuCoin TRXUSDTM | −0.012% | +0.0100% | 8h | $8.2M | $3.4M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | −0.003% | +0.0191% | 1h | $1.8M | $699K | 25x | as long as short |
| Lighter TRXlong | 0.000% | +0.0096% | 1h | $518K | $502K | 10x | |
| Phoenix TRX | +0.009% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| dYdX TRX-USD | +0.017% | +0.0258% | 1h | $187K | $3K | 10x | as long as short |
| Hyperliquid TRX | +0.020% | +0.0100% | 1h | $13.3M | $2.2M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.027% | 0.0000% | 1h | $781K | $284K | 25x | as long as short |