Spread before costs (cost unknown: a leg has no order-book sample)−0.011%
7d average—if it closes, per $10,000$1funding while held, a day−$0.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex TRX-USD-PERP | 0.3437 | 0.0011 | pay 0.0011% / 8h | 5h 19m | $8K | $333 | 20x |
| Short | OKX TRX-USDT-SWAP | 0.3436 | 0.0004 | get 0.0004% / 8h | 5h 19m | $15.5M | $8.7M | 50x |
Paradex TRX-USD-PERP
OKX TRX-USDT-SWAPPrice 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
- −$1.13
- Funding while held
- −$0.2
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$15.33
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0007%
- Per $10,000 a day
- −$0.20
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 1 min ago | 0.14 bp | 6.8 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
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.Bybit0.3436cheapestAevo0.3436+0.003%Extended0.3436+0.007%
Bybit
Aevo
ExtendedOKX0.3436+0.012%
Bitget0.3436+0.012%Reya0.3437+0.015%HTX0.3437+0.016%Variational Omni0.3437+0.018%BingX0.3437+0.020%
Bitget
Reya
HTX
Variational Omni
BingXParadex0.3437+0.023%
Lighter0.3437+0.023%Backpack0.3437+0.029%SoDEX0.3437+0.032%Aster0.3437+0.035%Gate0.3437+0.041%KuCoin0.3437+0.041%MEXC0.3438+0.044%Phemex0.3438+0.044%Binance0.3438+0.044%Orderly0.3438+0.047%BloFin0.3438+0.058%edgeX0.3438+0.060%GMX0.3439+0.077%Injective0.3439+0.087%gTrade (Gains Network)0.3439+0.088%Hyperliquid0.3439+0.102%ApeX Omni0.3440+0.105%Phoenix0.3440+0.105%Kraken Futures0.3440+0.108%SunX0.3440+0.117%dYdX0.3440+0.125%Deribit0.3441+0.150%
Lighter
Backpack
SoDEX
Aster
Gate
KuCoin
MEXC
Phemex
Binance
Orderly
BloFin
GMX
Injective
gTrade (Gains Network)
Hyperliquid
ApeX Omni
Phoenix
Kraken Futures
SunX
dYdX
DeribitTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit TRXUSDT | −0.023% | −0.0168% | 8h | $54.6M | $7.6M | 75x | as long as short |
| Aevo TRX-PERP | −0.020% | +0.0072% | 1h | $33K | — | 3x | as long as short |
| Extended TRX-USD | −0.016% | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
| OKX TRX-USDT-SWAPshort | −0.011% | +0.0004% | 8h | $15.5M | $8.7M | 50x | |
| Bitget TRXUSDT | −0.011% | +0.0089% | 8h | $9.4M | $2.1M | 75x | as long as short |
| Reya TRXRUSDPERP | −0.008% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| HTX TRX-USDT | −0.007% | −0.0065% | 8h | $827K | $653K | 75x | as long as short |
| Variational Omni TRX | −0.005% | −0.0054% | 8h | $558K | $34K | — | as long as short |
| BingX TRX-USDC | −0.003% | −0.0171% | 8h | — | $6.5M | — | as long as short |
| Paradex TRX-USD-PERPlong | 0.000% | +0.0011% | 8h | $8K | $333 | 20x |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter TRX | 0.000% | −0.0008% | 1h | $485K | $614K | 10x | as long as short |
| Backpack TRX_USDC_PERP | +0.006% | −0.0266% | 1h | $60K | $4K | 10x | as long as short |
| SoDEX TRX-USD | +0.009% | −0.0078% | 1h | $401 | $5K | 5x | as long as short |
| Aster TRXUSDT | +0.012% | −0.0114% | 8h | $912K | $589K | 75x | as long as short |
| Gate TRX_USDT | +0.018% | +0.0052% | 8h | $9.6M | $2.5M | 75x | as long as short |
| KuCoin TRXUSDTM | +0.018% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| MEXC TRX_USDT | +0.021% | −0.0021% | 8h | $17.0M | $1.7M | 200x | as long as short |
| Phemex TRXUSDT | +0.021% | +0.0009% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Binance TRXUSDT | +0.021% | −0.0021% | 8h | $99.1M | $50.7M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.024% | +0.0083% | 8h | $14K | $107K | 20x | as long as short |
| BloFin TRX-USDT | +0.035% | +0.0099% | 8h | $4.6M | $3.9M | 50x | as long as short |
| edgeX TRXUSDC | +0.037% | +0.0100% | 4h | $586K | $447K | 20x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.054% | L +0.0337% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| Injective TRX/USDC PERP | +0.064% | +0.0033% | 1h | $1K | $71K | 12x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.065% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Hyperliquid TRX | +0.079% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| ApeX Omni TRXUSDT | +0.082% | +0.0100% | 1h | $115K | $533K | 50x | as long as short |
| Phoenix TRX | +0.082% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.085% | −0.0044% | 1h | $1.8M | $884K | 25x | as long as short |
| SunX TRX-USDT | +0.094% | +0.0100% | 8h | $196K | $893K | 30x | as long as short |
| dYdX TRX-USD | +0.102% | +0.0050% | 1h | $186K | $3K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.127% | +0.0358% | 1h | $829K | $378K | 25x | as long as short |