Spread before costs (cost unknown: a leg has no order-book sample)+0.030%
7d average+0.052%if it closes, per $10,000$3funding while held, a day+$1.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3445 | 0.0065 | pay 0.0065% / 8h | 7h 33m | $560K | $35K | — |
| Short | Gate TRX_USDT | 0.3446 | 0.0100 | get 0.0100% / 8h | 7h 33m | $9.7M | $2.4M | 75x |
Variational Omni TRX
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
- $2.96
- Funding while held
- $1.04
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$11
- Spread needed to break even
- 0.150%
Slippage unknown: Variational Omni: RFQ quote, 11 min ago; Gate: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0035%
- Per $10,000 a day
- +$1.04
- 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, 11 min ago | 5.80 bp | doesn't fit | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 0.87 bp | 10.9 bp −$11 | 22.6 bp −$226 | 31.6 bp −$3,155 | 58.0 bp −$29.0K |
TRX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.3428cheapestSunX0.3444+0.472%Aevo0.3444+0.473%HTX0.3445+0.492%Aster0.3445+0.505%
Injective
SunX
Aevo
HTX
AsterVariational Omni0.3445+0.507%
Reya0.3446+0.515%Bitget0.3446+0.516%SoDEX0.3446+0.516%Extended0.3446+0.519%OKX0.3446+0.519%BingX0.3446+0.522%Backpack0.3446+0.522%Binance0.3446+0.523%Bybit0.3446+0.525%MEXC0.3446+0.525%Lighter0.3446+0.528%Phemex0.3446+0.528%Paradex0.3446+0.534%
Reya
Bitget
SoDEX
Extended
OKX
BingX
Backpack
Binance
Bybit
MEXC
Lighter
Phemex
ParadexGate0.3446+0.537%
Orderly0.3447+0.546%KuCoin0.3447+0.563%BloFin0.3448+0.575%gTrade (Gains Network)0.3448+0.585%Hyperliquid0.3448+0.589%ApeX Omni0.3448+0.589%GMX0.3449+0.604%Kraken Futures0.3449+0.607%dYdX0.3449+0.609%edgeX0.3450+0.644%Deribit0.3450+0.646%Phoenix0.3451+0.677%
Orderly
KuCoin
BloFin
gTrade (Gains Network)
Hyperliquid
ApeX Omni
GMX
Kraken Futures
dYdX
Deribit
PhoenixTRX on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.504% | +0.0033% | 1h | $1K | $70K | 12x | as long as short |
| SunX TRX-USDT | −0.035% | +0.0100% | 8h | $196K | $850K | 30x | as long as short |
| Aevo TRX-PERP | −0.034% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| HTX TRX-USDT | −0.015% | +0.0011% | 8h | $835K | $625K | 75x | as long as short |
| Aster TRXUSDT | −0.002% | −0.0167% | 8h | $915K | $579K | 75x | as long as short |
| Variational Omni TRXlong | 0.000% | +0.0065% | 8h | $560K | $35K | — | |
| Reya TRXRUSDPERP | +0.008% | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Bitget TRXUSDT | +0.009% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| SoDEX TRX-USD | +0.009% | −0.0066% | 1h | $405 | $5K | 5x | as long as short |
| Extended TRX-USD | +0.012% | +0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.012% | +0.0034% | 8h | $15.6M | $8.7M | 50x | as long as short |
| BingX TRX-USDC | +0.015% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Backpack TRX_USDC_PERP | +0.015% | −0.0139% | 1h | $60K | $4K | 10x | as long as short |
| Binance TRXUSDT | +0.016% | +0.0008% | 8h | $100.8M | $51.5M | 75x | as long as short |
| Bybit TRXUSDT | +0.018% | −0.0024% | 8h | $54.6M | $7.8M | 75x | as long as short |
| MEXC TRX_USDT | +0.018% | +0.0008% | 8h | $17.4M | $1.7M | 200x | as long as short |
| Lighter TRX | +0.021% | +0.0096% | 1h | $449K | $562K | 10x | as long as short |
| Phemex TRXUSDT | +0.021% | +0.0035% | 8h | $3.7M | $1.5M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.027% | +0.0082% | 8h | $8K | $333 | 20x | as long as short |
| Gate TRX_USDTshort | +0.030% | +0.0100% | 8h | $9.7M | $2.4M | 75x | |
| Orderly PERP_TRX_USDC | +0.038% | +0.0084% | 8h | $15K | $113K | 20x | as long as short |
| KuCoin TRXUSDTM | +0.056% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| BloFin TRX-USDT | +0.067% | +0.0036% | 8h | $4.6M | $3.9M | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.078% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Hyperliquid TRX | +0.082% | +0.0100% | 1h | $13.2M | $2.1M | 10x | as long as short |
| ApeX Omni TRXUSDT | +0.082% | +0.0100% | 1h | $115K | $552K | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.096% | L +0.0340% / S −0.0344% | 1h | $18K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.100% | +0.0116% | 1h | $1.9M | $901K | 25x | as long as short |
| dYdX TRX-USD | +0.101% | 0.0000% | 1h | $186K | $3K | 10x | as long as short |
| edgeX TRXUSDC | +0.137% | +0.0100% | 4h | $589K | $450K | 20x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.138% | +0.0278% | 1h | $797K | $405K | 25x | as long as short |
| Phoenix TRX | +0.169% | −0.0093% | 1h | $5K | $13K | 10x | as long as short |