Spread before costs (cost unknown: a leg has no order-book sample)−0.036%
7d average—if it closes, per $10,000$4funding while held, a day+$0.31
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TRX_USDC | 0.3452 | 0.0080 | pay 0.0080% / 8h | 2m 49s | $15K | $130K | 20x |
| Short | Paradex TRX-USD-PERP | 0.3451 | 0.0091 | get 0.0091% / 8h | 2m 49s | $8K | $333 | 20x |
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERPPrice 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
- −$3.64
- Funding while held
- $0.31
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$13.33
- Spread needed to break even
- 0.100%
Slippage unknown: Orderly: no order-book sample; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0010%
- Per $10,000 a day
- +$0.31
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Orderly and Paradex: 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.Injective0.3428cheapestSunX0.3448+0.594%Aevo0.3449+0.613%BloFin0.3450+0.639%HTX0.3450+0.641%Bybit0.3450+0.642%Bitget0.3450+0.642%Reya0.3450+0.643%BingX0.3451+0.659%Aster0.3451+0.662%Backpack0.3451+0.662%
Injective
SunX
Aevo
BloFin
HTX
Bybit
Bitget
Reya
BingX
Aster
BackpackParadex0.3451+0.663%
MEXC0.3451+0.668%SoDEX0.3451+0.668%Extended0.3451+0.669%Binance0.3451+0.672%Lighter0.3451+0.674%OKX0.3451+0.677%Phemex0.3451+0.677%Variational Omni0.3451+0.681%Gate0.3452+0.686%
MEXC
SoDEX
Extended
Binance
Lighter
OKX
Phemex
Variational Omni
GateOrderly0.3452+0.700%
KuCoin0.3452+0.712%gTrade (Gains Network)0.3452+0.713%GMX0.3453+0.718%edgeX0.3453+0.719%Hyperliquid0.3453+0.721%dYdX0.3453+0.728%Kraken Futures0.3453+0.729%Phoenix0.3454+0.767%Deribit0.3455+0.773%ApeX Omni0.3455+0.788%
KuCoin
gTrade (Gains Network)
GMX
Hyperliquid
dYdX
Kraken Futures
Phoenix
Deribit
ApeX OmniTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.695% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| SunX TRX-USDT | −0.105% | +0.0100% | 8h | $196K | $831K | 30x | as long as short |
| Aevo TRX-PERP | −0.086% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| BloFin TRX-USDT | −0.061% | +0.0039% | 8h | $4.7M | $3.9M | 50x | as long as short |
| HTX TRX-USDT | −0.059% | −0.0267% | 8h | $837K | $623K | 75x | as long as short |
| Bybit TRXUSDT | −0.058% | +0.0045% | 8h | $54.7M | $8.0M | 75x | as long as short |
| Bitget TRXUSDT | −0.058% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| Reya TRXRUSDPERP | −0.057% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| BingX TRX-USDC | −0.041% | +0.0003% | 8h | — | $6.5M | — | as long as short |
| Aster TRXUSDT | −0.038% | −0.0160% | 8h | $928K | $554K | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack TRX_USDC_PERP | −0.038% | −0.0106% | 1h | $60K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERPshort | −0.036% | +0.0091% | 8h | $8K | $333 | 20x | |
| MEXC TRX_USDT | −0.032% | +0.0009% | 8h | $17.5M | $1.7M | 200x | as long as short |
| SoDEX TRX-USD | −0.032% | +0.0057% | 1h | $408 | $5K | 5x | as long as short |
| Extended TRX-USD | −0.031% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
| Binance TRXUSDT | −0.028% | +0.0010% | 8h | $101.0M | $51.3M | 75x | as long as short |
| Lighter TRX | −0.026% | +0.0096% | 1h | $452K | $588K | 10x | as long as short |
| OKX TRX-USDT-SWAP | −0.023% | +0.0027% | 8h | $15.6M | $8.9M | 50x | as long as short |
| Phemex TRXUSDT | −0.023% | +0.0046% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Variational Omni TRX | −0.019% | +0.0083% | 8h | $560K | $35K | — | as long as short |
| Gate TRX_USDT | −0.014% | +0.0047% | 8h | $9.7M | $2.5M | 75x | as long as short |
| Orderly PERP_TRX_USDClong | 0.000% | +0.0080% | 8h | $15K | $130K | 20x | |
| KuCoin TRXUSDTM | +0.012% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.012% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.018% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| edgeX TRXUSDC | +0.019% | +0.0100% | 4h | $589K | $451K | 20x | as long as short |
| Hyperliquid TRX | +0.020% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| dYdX TRX-USD | +0.028% | +0.0066% | 1h | $187K | $3K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.029% | +0.0426% | 1h | $1.9M | $923K | 25x | as long as short |
| Phoenix TRX | +0.067% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.073% | +0.0179% | 1h | $791K | $397K | 25x | as long as short |
| ApeX Omni TRXUSDT | +0.087% | +0.0100% | 1h | $115K | $549K | 50x | as long as short |