After costs, if the gap returns to its 7d average, $10k−$38
spread now0.000%7d average−0.012%fees + slippage, in and out−$40spread needed0.397%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex TRXUSDT | 0.3446 | −0.0052 | get 0.0052% / 8h | 7h 21m | $3.7M | $1.5M | 50x |
| Short | Gate TRX_USDT | 0.3446 | 0.0100 | get 0.0100% / 8h | 7h 21m | $9.7M | $2.4M | 75x |
Phemex TRXUSDT
Gate TRX_USDTPrice 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
- Funding while held
- $4.55
- Slippage, 4 orders
- −$12.66
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$35.11
- Spread needed to break even
- 0.397%
Slippage from Phemex: live order book, 3 min ago; Gate: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0152%
- Per $10,000 a day
- +$4.55
- 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, 3 min ago | 0.14 bp | 7.5 bp −$8 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 0.14 bp | 11.1 bp −$11 | 23.5 bp −$235 | 30.7 bp −$3,069 | 56.9 bp −$28.5K |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestSunX0.3444+0.472%Aevo0.3444+0.475%Bybit0.3444+0.478%Extended0.3444+0.481%Bitget0.3445+0.484%HTX0.3445+0.490%Reya0.3445+0.500%Binance0.3445+0.505%BingX0.3445+0.505%OKX0.3445+0.508%SoDEX0.3445+0.508%
Injective
SunX
Aevo
Bybit
Extended
Bitget
HTX
Reya
Binance
BingX
OKX
SoDEXGate0.3446+0.511%
Phemex0.3446+0.511%
MEXC0.3446+0.513%Aster0.3446+0.519%Lighter0.3446+0.522%Paradex0.3446+0.523%edgeX0.3446+0.527%Orderly0.3446+0.528%Backpack0.3446+0.537%Variational Omni0.3447+0.541%KuCoin0.3447+0.546%ApeX Omni0.3447+0.548%Phoenix0.3447+0.551%Hyperliquid0.3447+0.563%BloFin0.3448+0.575%gTrade (Gains Network)0.3448+0.584%GMX0.3448+0.594%Kraken Futures0.3449+0.600%dYdX0.3449+0.609%Deribit0.3450+0.640%
MEXC
Aster
Lighter
Paradex
Orderly
Backpack
Variational Omni
KuCoin
ApeX Omni
Phoenix
Hyperliquid
BloFin
gTrade (Gains Network)
GMX
Kraken Futures
dYdX
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 | −0.508% | +0.0033% | 1h | $1K | $70K | 12x | as long as short |
| SunX TRX-USDT | −0.039% | +0.0100% | 8h | $196K | $852K | 30x | as long as short |
| Aevo TRX-PERP | −0.036% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Bybit TRXUSDT | −0.032% | −0.0092% | 8h | $54.6M | $7.7M | 75x | as long as short |
| Extended TRX-USD | −0.030% | 0.0000% | 1h | $195K | $1.1M | 25x | as long as short |
| Bitget TRXUSDT | −0.026% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| HTX TRX-USDT | −0.020% | −0.0066% | 8h | $835K | $626K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.010% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Binance TRXUSDT | −0.006% | +0.0001% | 8h | $100.6M | $51.5M | 75x | as long as short |
| BingX TRX-USDT | −0.006% | +0.0100% | 8h | — | $35.3M | — | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | −0.003% | +0.0031% | 8h | $15.6M | $8.6M | 50x | as long as short |
| SoDEX TRX-USD | −0.003% | −0.0114% | 1h | $407 | $5K | 5x | as long as short |
| Gate TRX_USDTshort | 0.000% | +0.0100% | 8h | $9.7M | $2.4M | 75x | |
| Phemex TRXUSDTlong | 0.000% | −0.0052% | 8h | $3.7M | $1.5M | 50x | |
| MEXC TRX_USDT | +0.003% | +0.0002% | 8h | $17.3M | $1.7M | 200x | as long as short |
| Aster TRXUSDT | +0.009% | −0.0165% | 8h | $914K | $581K | 75x | as long as short |
| Lighter TRX | +0.012% | +0.0096% | 1h | $449K | $562K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.013% | +0.0062% | 8h | $8K | $333 | 20x | as long as short |
| edgeX TRXUSDC | +0.017% | +0.0100% | 4h | $588K | $450K | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.017% | +0.0084% | 8h | $15K | $113K | 20x | as long as short |
| Backpack TRX_USDC_PERP | +0.026% | −0.0135% | 1h | $60K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.031% | +0.0061% | 8h | $559K | $35K | — | as long as short |
| KuCoin TRXUSDTM | +0.035% | +0.0100% | 8h | $8.6M | $3.6M | 75x | as long as short |
| ApeX Omni TRXUSDT | +0.038% | +0.0100% | 1h | $115K | $553K | 50x | as long as short |
| Phoenix TRX | +0.041% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| Hyperliquid TRX | +0.052% | +0.0100% | 1h | $13.2M | $2.1M | 10x | as long as short |
| BloFin TRX-USDT | +0.064% | +0.0010% | 8h | $4.6M | $3.9M | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.073% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.083% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.089% | +0.0116% | 1h | $1.9M | $909K | 25x | as long as short |
| dYdX TRX-USD | +0.098% | 0.0000% | 1h | $186K | $3K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.129% | +0.0301% | 1h | $797K | $390K | 25x | as long as short |