Spread before costs (cost unknown: a leg has no order-book sample)+0.124%
7d average+0.050%if it closes, per $10,000$12funding while held, a day−$2.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3451 | 0.0088 | pay 0.0088% / 8h | 15m 24s | $560K | $35K | — |
| Short | BingX TRX-USDT | 0.3456 | −0.0005 | pay 0.0005% / 8h | 15m 24s | — | $35.3M | — |
Variational Omni TRX
BingX 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
- $12.44
- Funding while held
- −$2.8
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$0.36
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 35 min ago; BingX: live order book, 15 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0093%
- Per $10,000 a day
- −$2.80
- 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 Variational Omni RFQ quote, 35 min ago | 5.79 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 0.44 bp | 5.4 bp −$5 | 6.1 bp −$61 | 14.6 bp −$1,459 | 42.4 bp −$21.2K |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapest
InjectiveVariational Omni0.3451+0.677%
SunX0.3451+0.679%BloFin0.3452+0.706%edgeX0.3452+0.714%ApeX Omni0.3453+0.718%Backpack0.3453+0.741%HTX0.3454+0.745%Phoenix0.3454+0.756%Phemex0.3454+0.756%SoDEX0.3454+0.758%Aevo0.3454+0.773%dYdX0.3455+0.774%Bybit0.3455+0.776%Lighter0.3455+0.791%Reya0.3455+0.794%Extended0.3455+0.795%Paradex0.3455+0.801%
SunX
BloFin
ApeX Omni
Backpack
HTX
Phoenix
Phemex
SoDEX
Aevo
dYdX
Bybit
Lighter
Reya
Extended
ParadexBingX0.3456+0.802%
MEXC0.3456+0.805%Orderly0.3456+0.808%Bitget0.3456+0.811%Gate0.3456+0.814%Binance0.3456+0.814%Aster0.3456+0.815%OKX0.3456+0.820%Kraken Futures0.3456+0.823%GMX0.3457+0.833%gTrade (Gains Network)0.3457+0.846%Deribit0.3457+0.852%Hyperliquid0.3457+0.858%KuCoin0.3457+0.858%
MEXC
Orderly
Bitget
Gate
Binance
Aster
OKX
Kraken Futures
GMX
gTrade (Gains Network)
Deribit
Hyperliquid
KuCoinTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.672% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| Variational Omni TRXlong | 0.000% | +0.0088% | 8h | $560K | $35K | — | |
| SunX TRX-USDT | +0.002% | +0.0100% | 8h | $196K | $828K | 30x | as long as short |
| BloFin TRX-USDT | +0.029% | +0.0119% | 8h | $4.7M | $3.8M | 50x | as long as short |
| edgeX TRXUSDC | +0.037% | +0.0100% | 4h | $589K | $453K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.040% | +0.0100% | 1h | $115K | $548K | 50x | as long as short |
| Backpack TRX_USDC_PERP | +0.064% | −0.0108% | 1h | $60K | $4K | 10x | as long as short |
| HTX TRX-USDT | +0.068% | −0.0283% | 8h | $837K | $625K | 75x | as long as short |
| Phoenix TRX | +0.078% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Phemex TRXUSDT | +0.078% | +0.0042% | 8h | $3.7M | $1.5M | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX TRX-USD | +0.081% | +0.0063% | 1h | $407 | $5K | 5x | as long as short |
| Aevo TRX-PERP | +0.095% | +0.0080% | 1h | $34K | — | 3x | as long as short |
| dYdX TRX-USD | +0.096% | +0.0084% | 1h | $187K | $3K | 10x | as long as short |
| Bybit TRXUSDT | +0.098% | +0.0057% | 8h | $54.8M | $8.0M | 75x | as long as short |
| Lighter TRX | +0.113% | +0.0096% | 1h | $452K | $587K | 10x | as long as short |
| Reya TRXRUSDPERP | +0.117% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Extended TRX-USD | +0.117% | 0.0000% | 1h | $195K | $1.1M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.123% | +0.0089% | 8h | $8K | $333 | 20x | as long as short |
| BingX TRX-USDTshort | +0.124% | −0.0005% | 8h | — | $35.3M | — | |
| MEXC TRX_USDT | +0.127% | 0.0000% | 8h | $17.6M | $1.7M | 200x | as long as short |
| Orderly PERP_TRX_USDC | +0.130% | +0.0080% | 8h | $15K | $155K | 20x | as long as short |
| Bitget TRXUSDT | +0.133% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| Gate TRX_USDT | +0.136% | +0.0037% | 8h | $9.7M | $2.4M | 75x | as long as short |
| Binance TRXUSDT | +0.136% | +0.0001% | 8h | $101.1M | $51.2M | 75x | as long as short |
| Aster TRXUSDT | +0.137% | −0.0181% | 8h | $930K | $557K | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.142% | +0.0015% | 8h | $15.7M | $8.9M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.145% | +0.0426% | 1h | $1.9M | $926K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.155% | L +0.0341% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.168% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.173% | +0.0129% | 1h | $791K | $397K | 25x | as long as short |
| Hyperliquid TRX | +0.179% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTM | +0.179% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |