Spread before costs (cost unknown: a leg has no order-book sample)+0.020%
7d average—if it closes, per $10,000$2funding while held, a day+$2.35
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX TRX-USD | 0.3450 | −0.0046 | get 0.0006% / 1h | 43m 43s | $406 | $5K | 5x |
| Short | OKX TRX-USDT-SWAP | 0.3451 | 0.0032 | get 0.0032% / 8h | 7h 43m | $15.6M | $8.8M | 50x |
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
- $2.03
- Funding while held
- $2.35
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$13.62
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0078%
- Per $10,000 a day
- +$2.35
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 1 min ago | 0.14 bp | 7.0 bp −$7 | 14.6 bp −$146 | doesn't fit | doesn't fit |
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.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 | −0.638% | +0.0033% | 1h | $1K | $70K | 12x | as long as short |
| HTX TRX-USDT | −0.066% | +0.0012% | 8h | $836K | $623K | 75x | as long as short |
| Aevo TRX-PERP | −0.045% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| SunX TRX-USDT | −0.043% | +0.0100% | 8h | $196K | $842K | 30x | as long as short |
| Aster TRXUSDT | −0.029% | −0.0168% | 8h | $916K | $577K | 75x | as long as short |
| Bitget TRXUSDT | −0.014% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| Bybit TRXUSDT | −0.012% | −0.0067% | 8h | $54.7M | $8.0M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.006% | −0.0143% | 1h | $60K | $4K | 10x | as long as short |
| Reya TRXRUSDPERP | −0.005% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| SoDEX TRX-USDlong | 0.000% | −0.0046% | 1h | $406 | $5K | 5x |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex TRXUSDT | 0.000% | +0.0035% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Extended TRX-USD | +0.002% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.003% | +0.0089% | 8h | $8K | $333 | 20x | as long as short |
| BloFin TRX-USDT | +0.006% | +0.0030% | 8h | $4.7M | $3.9M | 50x | as long as short |
| BingX TRX-USDT | +0.014% | −0.0056% | 8h | — | $35.3M | — | as long as short |
| Lighter TRX | +0.017% | +0.0096% | 1h | $450K | $561K | 10x | as long as short |
| Gate TRX_USDT | +0.017% | +0.0100% | 8h | $9.7M | $2.4M | 75x | as long as short |
| Variational Omni TRX | +0.019% | +0.0068% | 8h | $560K | $35K | — | as long as short |
| Binance TRXUSDT | +0.020% | +0.0007% | 8h | $101.0M | $51.4M | 75x | as long as short |
| OKX TRX-USDT-SWAPshort | +0.020% | +0.0032% | 8h | $15.6M | $8.8M | 50x | |
| MEXC TRX_USDT | +0.020% | +0.0007% | 8h | $17.5M | $1.7M | 200x | as long as short |
| Orderly PERP_TRX_USDC | +0.020% | +0.0082% | 8h | $15K | $113K | 20x | as long as short |
| KuCoin TRXUSDTM | +0.043% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.044% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| edgeX TRXUSDC | +0.051% | +0.0100% | 4h | $589K | $452K | 20x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.058% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| ApeX Omni TRXUSDT | +0.064% | +0.0100% | 1h | $115K | $547K | 50x | as long as short |
| Phoenix TRX | +0.070% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |
| Hyperliquid TRX | +0.072% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.076% | +0.0115% | 1h | $1.9M | $907K | 25x | as long as short |
| dYdX TRX-USD | +0.087% | 0.0000% | 1h | $187K | $3K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.104% | +0.0234% | 1h | $791K | $397K | 25x | as long as short |
SoDEX TRX-USD
OKX TRX-USDT-SWAP
Injective
HTX
SunX
Aster
Bitget
Bybit
Backpack
Phemex
Extended
Paradex
BloFin
BingX
Lighter
Gate
Variational Omni
Binance
MEXC
KuCoin
GMX
gTrade (Gains Network)
ApeX Omni
Phoenix
Hyperliquid
Kraken Futures
Deribit