After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.006%7d average−0.016%fees + slippage, in and out−$28spread needed0.275%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex TRXUSDT | 0.3448 | 0.0026 | pay 0.0026% / 8h | 57m 47s | $3.7M | $1.5M | 50x |
| Short | BingX TRX-USDT | 0.3448 | −0.0015 | pay 0.0015% / 8h | 57m 47s | — | $35.3M | — |
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
- −$0.58
- Funding while held
- −$1.24
- Slippage, 4 orders
- −$5.54
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$29.37
- Spread needed to break even
- 0.275%
Slippage from Phemex: live order book, 2 min ago; BingX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0041%
- Per $10,000 a day
- −$1.24
- 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 Phemex live order book, 2 min ago | 1.30 bp | 7.3 bp −$7 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 0.44 bp | 5.6 bp −$6 | 6.8 bp −$68 | 13.3 bp −$1,330 | 41.7 bp −$20.9K |
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 | −0.589% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| SunX TRX-USDT | −0.080% | +0.0100% | 8h | $196K | $838K | 30x | as long as short |
| Aevo TRX-PERP | −0.076% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Aster TRXUSDT | −0.035% | −0.0250% | 8h | $945K | $541K | 75x | as long as short |
| Extended TRX-USD | −0.034% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| Bybit TRXUSDT | −0.032% | +0.0070% | 8h | $54.7M | $7.5M | 75x | as long as short |
| Paradex TRX-USD-PERP | −0.030% | +0.0093% | 8h | $8K | $333 | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.029% | −0.0177% | 1h | $60K | $4K | 10x | as long as short |
| Reya TRXRUSDPERP | −0.027% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| HTX TRX-USDT | −0.022% | −0.0337% | 8h | $862K | $527K | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC TRX_USDT | −0.017% | −0.0015% | 8h | $17.5M | $1.7M | 200x | as long as short |
| SoDEX TRX-USD | −0.017% | −0.0167% | 1h | $406 | $5K | 5x | as long as short |
| edgeX TRXUSDC | −0.016% | +0.0100% | 4h | $588K | $455K | 20x | as long as short |
| Orderly PERP_TRX_USDC | −0.014% | +0.0077% | 8h | $15K | $200K | 20x | as long as short |
| BloFin TRX-USDT | −0.014% | +0.0104% | 8h | $4.6M | $3.7M | 50x | as long as short |
| Binance TRXUSDT | −0.011% | −0.0016% | 8h | $100.2M | $48.2M | 75x | as long as short |
| Variational Omni TRX | −0.010% | +0.0094% | 8h | $559K | $35K | — | as long as short |
| OKX TRX-USDT-SWAP | −0.006% | −0.0005% | 8h | $15.5M | $8.8M | 50x | as long as short |
| BingX TRX-USDTshort | −0.006% | −0.0015% | 8h | — | $35.3M | — | |
| Lighter TRX | 0.000% | +0.0096% | 1h | $446K | $576K | 10x | as long as short |
| Bitget TRXUSDT | 0.000% | +0.0100% | 8h | $9.5M | $2.0M | 75x | as long as short |
| Phemex TRXUSDTlong | 0.000% | +0.0026% | 8h | $3.7M | $1.5M | 50x | |
| Gate TRX_USDT | +0.006% | −0.0003% | 8h | $9.7M | $2.2M | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.021% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.030% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| dYdX TRX-USD | +0.033% | +0.0318% | 1h | $187K | $3K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.042% | +0.0427% | 1h | $1.8M | $794K | 25x | as long as short |
| Hyperliquid TRX | +0.046% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTM | +0.046% | +0.0100% | 8h | $8.7M | $3.4M | 75x | as long as short |
| ApeX Omni TRXUSDT | +0.049% | +0.0100% | 1h | $115K | $546K | 50x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.075% | +0.0046% | 1h | $791K | $357K | 25x | as long as short |
| Phoenix TRX | +0.093% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
Phemex TRXUSDT
BingX TRX-USDT
Injective
SunX
Aster
Extended
Bybit
Paradex
Backpack
HTX
MEXC
SoDEX
BloFin
Binance
Variational Omni
OKX
Lighter
Bitget
Gate
GMX
gTrade (Gains Network)
Kraken Futures
Hyperliquid
KuCoin
ApeX Omni
Deribit
Phoenix