Spread before costs (cost unknown: a leg has no order-book sample)+0.105%
7d average—if it closes, per $10,000$11funding while held, a day−$3.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3439 | 0.0017 | pay 0.0017% / 8h | 6h 37m | $558K | $35K | — |
| Short | Phoenix TRX | 0.3442 | −0.0116 | pay 0.0015% / 1h | 37m 47s | $5K | $13K | 10x |
Variational Omni TRX
Phoenix TRXPrice 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
- $10.5
- Funding while held
- −$3.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$0.48
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0133%
- Per $10,000 a day
- −$3.98
- 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, 3 min ago | 5.82 bp | doesn't fit | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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.Injective0.3428cheapestAevo0.3438+0.286%Bybit0.3438+0.292%Bitget0.3438+0.300%Aster0.3439+0.307%Extended0.3439+0.310%
Injective
Aevo
Bybit
Bitget
Aster
ExtendedVariational Omni0.3439+0.312%
BingX0.3439+0.312%HTX0.3439+0.313%Reya0.3439+0.316%OKX0.3439+0.321%SoDEX0.3439+0.324%edgeX0.3439+0.328%Binance0.3439+0.330%Gate0.3439+0.333%Backpack0.3439+0.333%Lighter0.3439+0.335%MEXC0.3439+0.335%Paradex0.3440+0.338%ApeX Omni0.3440+0.338%Orderly0.3440+0.338%Phemex0.3440+0.338%BloFin0.3440+0.356%SunX0.3440+0.360%KuCoin0.3441+0.365%Hyperliquid0.3441+0.382%dYdX0.3441+0.388%GMX0.3441+0.394%gTrade (Gains Network)0.3442+0.396%Kraken Futures0.3442+0.410%
BingX
HTX
Reya
OKX
SoDEX
Binance
Gate
Backpack
Lighter
MEXC
Paradex
ApeX Omni
Orderly
Phemex
BloFin
SunX
KuCoin
Hyperliquid
dYdX
GMX
gTrade (Gains Network)
Kraken FuturesPhoenix0.3442+0.417%
Deribit0.3443+0.443%
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 | −0.311% | +0.0033% | 1h | $1K | $42K | 12x | as long as short |
| Aevo TRX-PERP | −0.026% | +0.0080% | 1h | $33K | — | 3x | as long as short |
| Bybit TRXUSDT | −0.020% | −0.0192% | 8h | $54.6M | $7.6M | 75x | as long as short |
| Bitget TRXUSDT | −0.011% | +0.0100% | 8h | $9.4M | $2.1M | 75x | as long as short |
| Aster TRXUSDT | −0.005% | −0.0148% | 8h | $913K | $583K | 75x | as long as short |
| Extended TRX-USD | −0.001% | −0.0008% | 1h | $195K | $1.1M | 25x | as long as short |
| Variational Omni TRXlong | 0.000% | +0.0017% | 8h | $558K | $35K | — | |
| BingX TRX-USDT | 0.000% | −0.0160% | 8h | — | $35.3M | — | as long as short |
| HTX TRX-USDT | +0.001% | −0.0079% | 8h | $834K | $633K | 75x | as long as short |
| Reya TRXRUSDPERP | +0.005% | −0.0133% | 1h | $5 | — | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.009% | +0.0019% | 8h | $15.5M | $8.7M | 50x | as long as short |
| SoDEX TRX-USD | +0.012% | −0.0144% | 1h | $403 | $5K | 5x | as long as short |
| edgeX TRXUSDC | +0.016% | +0.0100% | 4h | $587K | $447K | 20x | as long as short |
| Binance TRXUSDT | +0.018% | −0.0010% | 8h | $100.0M | $50.5M | 75x | as long as short |
| Gate TRX_USDT | +0.021% | +0.0097% | 8h | $9.6M | $2.4M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.021% | −0.0134% | 1h | $60K | $4K | 10x | as long as short |
| Lighter TRX | +0.024% | +0.0072% | 1h | $445K | $565K | 10x | as long as short |
| MEXC TRX_USDT | +0.024% | −0.0009% | 8h | $17.0M | $1.7M | 200x | as long as short |
| Paradex TRX-USD-PERP | +0.026% | +0.0040% | 8h | $8K | $333 | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.026% | +0.0100% | 1h | $115K | $536K | 50x | as long as short |
| Orderly PERP_TRX_USDC | +0.026% | +0.0083% | 8h | $15K | $110K | 20x | as long as short |
| Phemex TRXUSDT | +0.026% | −0.0028% | 8h | $3.7M | $1.5M | 50x | as long as short |
| BloFin TRX-USDT | +0.044% | +0.0111% | 8h | $4.6M | $3.9M | 50x | as long as short |
| SunX TRX-USDT | +0.048% | +0.0100% | 8h | $196K | $862K | 30x | as long as short |
| KuCoin TRXUSDTM | +0.053% | +0.0100% | 8h | $8.6M | $3.5M | 75x | as long as short |
| Hyperliquid TRX | +0.070% | +0.0100% | 1h | $13.1M | $2.1M | 10x | as long as short |
| dYdX TRX-USD | +0.076% | +0.0130% | 1h | $186K | $3K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | +0.081% | L +0.0338% / S −0.0340% | 1h | $18K | — | 100x | as long as short |
| gTrade (Gains Network) TRX/USD | +0.084% | L +0.0003% / S −0.0007% | 1h | $121K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.098% | −0.0158% | 1h | $1.8M | $893K | 25x | as long as short |
| Phoenix TRXshort | +0.105% | −0.0116% | 1h | $5K | $13K | 10x | |
| Deribit TRX_USDC-PERPETUAL | +0.131% | +0.0235% | 1h | $815K | $401K | 25x | as long as short |