Spread before costs (cost unknown: a leg has no order-book sample)−0.211%
7d average—if it closes, per $10,000$21funding while held, a day−$3.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRX-USDT-SWAP | 0.3453 | −0.0003 | get 0.0003% / 8h | 51m 26s | $15.7M | $9.1M | 50x |
| Short | SoDEX TRX-USD | 0.3446 | −0.0111 | pay 0.0014% / 1h | 51m 26s | $407 | $5K | 5x |
OKX TRX-USDT-SWAP
SoDEX TRX-USDPrice 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
- −$21.14
- Funding while held
- −$3.26
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$42.4
- Spread needed to break even
- 0.180%
Slippage unknown: OKX: live order book, 3 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0109%
- Per $10,000 a day
- −$3.26
- 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 OKX live order book, 3 min ago | 0.14 bp | 7.1 bp −$7 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Injective0.3428cheapestAevo0.3444+0.464%SunX0.3444+0.470%BloFin0.3445+0.487%edgeX0.3445+0.492%HTX0.3445+0.494%
Injective
Aevo
SunX
BloFin
HTXSoDEX0.3446+0.528%
Phemex0.3446+0.531%Backpack0.3447+0.548%Kraken Futures0.3448+0.581%Variational Omni0.3448+0.582%Phoenix0.3448+0.598%Deribit0.3449+0.627%ApeX Omni0.3450+0.653%Aster0.3453+0.720%Paradex0.3453+0.723%BingX0.3453+0.726%Bybit0.3453+0.729%Orderly0.3453+0.729%Extended0.3453+0.735%Lighter0.3453+0.735%Reya0.3453+0.739%Binance0.3453+0.741%
Phemex
Backpack
Kraken Futures
Variational Omni
Phoenix
Deribit
ApeX Omni
Aster
Paradex
BingX
Bybit
Orderly
Extended
Lighter
Reya
BinanceOKX0.3453+0.741%
MEXC0.3454+0.750%Gate0.3454+0.756%GMX0.3454+0.758%gTrade (Gains Network)0.3454+0.763%dYdX0.3454+0.763%Bitget0.3454+0.764%KuCoin0.3455+0.776%Hyperliquid0.3455+0.785%
MEXC
Gate
GMX
gTrade (Gains Network)
dYdX
Bitget
KuCoin
HyperliquidTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.736% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| Aevo TRX-PERP | −0.275% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| SunX TRX-USDT | −0.269% | +0.0100% | 8h | $196K | $835K | 30x | as long as short |
| BloFin TRX-USDT | −0.252% | +0.0104% | 8h | $4.7M | $3.7M | 50x | as long as short |
| edgeX TRXUSDC | −0.247% | +0.0100% | 4h | $588K | $452K | 20x | as long as short |
| HTX TRX-USDT | −0.245% | −0.0331% | 8h | $858K | $539K | 75x | as long as short |
| SoDEX TRX-USDshort | −0.211% | −0.0111% | 1h | $407 | $5K | 5x | |
| Phemex TRXUSDT | −0.208% | +0.0025% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Backpack TRX_USDC_PERP | −0.191% | −0.0135% | 1h | $60K | $4K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | −0.159% | +0.0427% | 1h | $1.9M | $853K | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni TRX | −0.157% | +0.0097% | 8h | $559K | $35K | — | as long as short |
| Phoenix TRX | −0.142% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | −0.114% | +0.0124% | 1h | $801K | $369K | 25x | as long as short |
| ApeX Omni TRXUSDT | −0.087% | +0.0100% | 1h | $115K | $546K | 50x | as long as short |
| Aster TRXUSDT | −0.020% | −0.0245% | 8h | $945K | $549K | 75x | as long as short |
| Paradex TRX-USD-PERP | −0.017% | +0.0088% | 8h | $8K | $333 | 20x | as long as short |
| BingX TRX-USDT | −0.014% | −0.0016% | 8h | — | $35.3M | — | as long as short |
| Bybit TRXUSDT | −0.012% | +0.0065% | 8h | $54.7M | $7.8M | 75x | as long as short |
| Orderly PERP_TRX_USDC | −0.012% | +0.0077% | 8h | $15K | $204K | 20x | as long as short |
| Extended TRX-USD | −0.006% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| Lighter TRX | −0.006% | +0.0096% | 1h | $447K | $576K | 10x | as long as short |
| Reya TRXRUSDPERP | −0.002% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Binance TRXUSDT | 0.000% | −0.0017% | 8h | $100.1M | $49.2M | 75x | as long as short |
| OKX TRX-USDT-SWAPlong | 0.000% | −0.0003% | 8h | $15.7M | $9.1M | 50x | |
| MEXC TRX_USDT | +0.009% | −0.0017% | 8h | $17.6M | $1.7M | 200x | as long as short |
| Gate TRX_USDT | +0.014% | +0.0003% | 8h | $9.7M | $2.3M | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.017% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.021% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| dYdX TRX-USD | +0.022% | +0.0233% | 1h | $187K | $3K | 10x | as long as short |
| Bitget TRXUSDT | +0.023% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| KuCoin TRXUSDTM | +0.035% | +0.0100% | 8h | $8.7M | $3.4M | 75x | as long as short |
| Hyperliquid TRX | +0.043% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |