Spread before costs (cost unknown: a leg has no order-book sample)+0.149%
7d average+0.039%if it closes, per $10,000$15funding while held, a day+$0.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3446 | 0.0089 | pay 0.0089% / 8h | 1h 09m | $559K | $35K | — |
| Short | Bitget TRXUSDT | 0.3451 | 0.0100 | get 0.0100% / 8h | 1h 09m | $9.5M | $2.0M | 75x |
Variational Omni TRX
Bitget TRXUSDTPrice 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
- $14.92
- Funding while held
- $0.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $3.26
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 46 min ago; Bitget: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0011%
- Per $10,000 a day
- +$0.34
- 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, 46 min ago | 4.35 bp | doesn't fit | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.44 bp | 8.8 bp −$9 | 14.2 bp −$142 | 35.1 bp −$3,506 | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapest
InjectiveVariational Omni0.3446+0.518%
SunX0.3446+0.530%edgeX0.3446+0.534%ApeX Omni0.3447+0.540%Paradex0.3448+0.569%Aevo0.3448+0.577%Reya0.3448+0.592%HTX0.3449+0.598%Aster0.3449+0.606%Phoenix0.3449+0.607%Extended0.3449+0.608%Backpack0.3449+0.610%Orderly0.3449+0.618%dYdX0.3449+0.623%Phemex0.3449+0.627%Bybit0.3450+0.633%SoDEX0.3450+0.633%MEXC0.3450+0.636%BloFin0.3450+0.636%BingX0.3450+0.639%Binance0.3450+0.641%GMX0.3450+0.644%OKX0.3450+0.651%Gate0.3450+0.651%gTrade (Gains Network)0.3451+0.666%
SunX
ApeX Omni
Paradex
Aevo
Reya
HTX
Aster
Phoenix
Extended
Backpack
Orderly
dYdX
Phemex
Bybit
SoDEX
MEXC
BloFin
BingX
Binance
GMX
OKX
Gate
gTrade (Gains Network)Bitget0.3451+0.668%
Lighter0.3451+0.683%Hyperliquid0.3452+0.691%KuCoin0.3452+0.691%Kraken Futures0.3452+0.698%Deribit0.3452+0.702%
Lighter
Hyperliquid
KuCoin
Kraken Futures
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 | −0.515% | +0.0033% | 1h | $1K | $124K | 12x | as long as short |
| Variational Omni TRXlong | 0.000% | +0.0089% | 8h | $559K | $35K | — | |
| SunX TRX-USDT | +0.012% | +0.0100% | 8h | $196K | $887K | 30x | as long as short |
| edgeX TRXUSDC | +0.015% | +0.0100% | 4h | $588K | $452K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.022% | +0.0100% | 1h | $115K | $544K | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.051% | +0.0094% | 8h | $8K | $333 | 20x | as long as short |
| Aevo TRX-PERP | +0.059% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Reya TRXRUSDPERP | +0.074% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| HTX TRX-USDT | +0.080% | −0.0343% | 8h | $863K | $549K | 75x | as long as short |
| Aster TRXUSDT | +0.087% | −0.0260% | 8h | $1.1M | $433K | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix TRX | +0.088% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Extended TRX-USD | +0.089% | −0.0016% | 1h | $195K | $1.1M | 25x | as long as short |
| Backpack TRX_USDC_PERP | +0.091% | −0.0177% | 1h | $60K | $4K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.100% | +0.0076% | 8h | $15K | $200K | 20x | as long as short |
| dYdX TRX-USD | +0.104% | +0.0227% | 1h | $187K | $3K | 10x | as long as short |
| Phemex TRXUSDT | +0.109% | +0.0020% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Bybit TRXUSDT | +0.114% | +0.0070% | 8h | $54.8M | $7.7M | 75x | as long as short |
| SoDEX TRX-USD | +0.114% | −0.0034% | 1h | $408 | $5K | 5x | as long as short |
| MEXC TRX_USDT | +0.117% | −0.0017% | 8h | $17.5M | $1.8M | 200x | as long as short |
| BloFin TRX-USDT | +0.117% | +0.0103% | 8h | $4.7M | $3.7M | 50x | as long as short |
| BingX TRX-USDT | +0.120% | −0.0019% | 8h | — | $35.3M | — | as long as short |
| Binance TRXUSDT | +0.122% | −0.0017% | 8h | $100.3M | $49.3M | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.125% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| OKX TRX-USDT-SWAP | +0.132% | −0.0009% | 8h | $15.5M | $9.0M | 50x | as long as short |
| Gate TRX_USDT | +0.132% | −0.0015% | 8h | $9.7M | $2.4M | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.147% | L +0.0003% / S −0.0006% | 1h | $122K | — | 150x | as long as short |
| Bitget TRXUSDTshort | +0.149% | +0.0100% | 8h | $9.5M | $2.0M | 75x | |
| Lighter TRX | +0.164% | +0.0096% | 1h | $518K | $504K | 10x | as long as short |
| Hyperliquid TRX | +0.172% | +0.0100% | 1h | $13.3M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTM | +0.172% | +0.0100% | 8h | $8.2M | $3.2M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.179% | +0.0191% | 1h | $1.8M | $800K | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.183% | +0.0011% | 1h | $791K | $357K | 25x | as long as short |