Spread before costs (cost unknown: a leg has no order-book sample)+0.045%
7d average+0.077%if it closes, per $10,000$4funding while held, a day−$2.42
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3453 | 0.0087 | pay 0.0087% / 8h | 5m 56s | $560K | $35K | — |
| Short | gTrade (Gains Network) TRX/USD | 0.3455 | L +0.0003% / S −0.0007% | get 0.0001% / 1h | 5m 56s | $122K | — | 150x |
Variational Omni TRX
gTrade (Gains Network) TRX/USDPrice 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
- $4.48
- Funding while held
- −$2.42
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$7.95
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 45 min ago; gTrade (Gains Network): virtual book (oracle venue), 25 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0081%
- Per $10,000 a day
- −$2.42
- 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, 45 min ago | 5.79 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 25 min ago | 130.01 bp | 135.0 bp −$135 | 205.2 bp −$2,052 | 2197.0 bp −$219.7K | doesn't fit |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestAevo0.3452+0.693%SunX0.3452+0.693%Extended0.3452+0.699%HTX0.3452+0.699%Bybit0.3452+0.700%Backpack0.3452+0.709%Binance0.3453+0.721%Reya0.3453+0.723%MEXC0.3453+0.723%SoDEX0.3453+0.723%ApeX Omni0.3453+0.726%BingX0.3453+0.729%Bitget0.3453+0.732%Paradex0.3453+0.734%OKX0.3453+0.738%Phemex0.3453+0.738%
Injective
Aevo
SunX
Extended
HTX
Bybit
Backpack
Binance
Reya
MEXC
SoDEX
ApeX Omni
BingX
Bitget
Paradex
OKX
PhemexVariational Omni0.3453+0.739%
Lighter0.3453+0.741%Gate0.3453+0.741%Orderly0.3453+0.744%BloFin0.3454+0.750%Aster0.3454+0.761%KuCoin0.3454+0.761%GMX0.3454+0.769%edgeX0.3454+0.771%Hyperliquid0.3454+0.773%
Lighter
Gate
Orderly
BloFin
Aster
KuCoin
GMX
HyperliquidgTrade (Gains Network)0.3455+0.784%
dYdX0.3455+0.787%Kraken Futures0.3455+0.787%Phoenix0.3456+0.805%Deribit0.3457+0.848%
dYdX
Kraken Futures
Phoenix
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 | −0.734% | +0.0033% | 1h | $1K | $97K | 12x | as long as short |
| Aevo TRX-PERP | −0.046% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| SunX TRX-USDT | −0.046% | +0.0100% | 8h | $196K | $829K | 30x | as long as short |
| Extended TRX-USD | −0.040% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
| HTX TRX-USDT | −0.040% | −0.0271% | 8h | $837K | $623K | 75x | as long as short |
| Bybit TRXUSDT | −0.039% | +0.0048% | 8h | $54.7M | $8.0M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.030% | −0.0104% | 1h | $60K | $4K | 10x | as long as short |
| Binance TRXUSDT | −0.019% | +0.0008% | 8h | $101.1M | $51.1M | 75x | as long as short |
| Reya TRXRUSDPERP | −0.016% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| MEXC TRX_USDT | −0.016% | +0.0007% | 8h | $17.5M | $1.7M | 200x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX TRX-USD | −0.016% | +0.0072% | 1h | $405 | $5K | 5x | as long as short |
| ApeX Omni TRXUSDT | −0.013% | +0.0100% | 1h | $115K | $547K | 50x | as long as short |
| BingX TRX-USDC | −0.010% | 0.0000% | 8h | — | $6.5M | — | as long as short |
| Bitget TRXUSDT | −0.007% | +0.0100% | 8h | $9.5M | $2.1M | 75x | as long as short |
| Paradex TRX-USD-PERP | −0.005% | +0.0091% | 8h | $8K | $333 | 20x | as long as short |
| OKX TRX-USDT-SWAP | −0.001% | +0.0024% | 8h | $15.7M | $8.9M | 50x | as long as short |
| Phemex TRXUSDT | −0.001% | +0.0046% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Variational Omni TRXlong | 0.000% | +0.0087% | 8h | $560K | $35K | — | |
| Lighter TRX | +0.002% | +0.0096% | 1h | $452K | $587K | 10x | as long as short |
| Gate TRX_USDT | +0.002% | +0.0045% | 8h | $9.7M | $2.5M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.005% | +0.0080% | 8h | $15K | $149K | 20x | as long as short |
| BloFin TRX-USDT | +0.010% | +0.0029% | 8h | $4.7M | $3.9M | 50x | as long as short |
| Aster TRXUSDT | +0.022% | −0.0164% | 8h | $929K | $554K | 75x | as long as short |
| KuCoin TRXUSDTM | +0.022% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.030% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| edgeX TRXUSDC | +0.031% | +0.0100% | 4h | $589K | $449K | 20x | as long as short |
| Hyperliquid TRX | +0.033% | +0.0100% | 1h | $13.2M | $2.2M | 10x | as long as short |
| gTrade (Gains Network) TRX/USDshort | +0.045% | L +0.0003% / S −0.0007% | 1h | $122K | — | 150x | |
| dYdX TRX-USD | +0.047% | +0.0070% | 1h | $187K | $3K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.048% | +0.0426% | 1h | $1.9M | $923K | 25x | as long as short |
| Phoenix TRX | +0.065% | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.108% | +0.0445% | 1h | $791K | $397K | 25x | as long as short |