# TRX Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-04 16:45 UTC, ArbTide tracks TRX spot and perpetual prices across exchanges. On spot markets, the best route has a 0.10% gross spread, which fees turn into a -0.36% net loss. On perpetual markets, the best route has a 0.10% gross spread, which fees turn into a -0.13% net loss.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Kraken | [TRX/USD](https://pro.kraken.com/app/trade/trx-usd) | 0.335592 | 0.335593 | 0.000% | $924.8K | 0.260% |
| WEEX | [TRX/USDT](https://www.weex.com/spot/TRX-USDT) | 0.3355 | 0.3356 | 0.030% | $6.5M | 0.100% |
| Revolut X | [TRX/USD](https://exchange.revolut.com/trade/TRX-USD) | 0.33536 | 0.3356 | 0.072% | $8K | 0.090% |
| BTSE | [TRX/USD](https://www.btse.com/en/trading/TRX-USD) | 0.33558 | 0.33561 | 0.009% | $398.3K | 0.020% |
| OKX | [TRX/USDT](https://www.okx.com/trade-spot/trx-usdt) | 0.33564 | 0.33565 | 0.003% | $3.6M | 0.150% |
| DigiFinex | [TRX/USDT](https://www.digifinex.com/en-ww/trade/USDT/TRX) | 0.33564 | 0.33565 | 0.003% | $3.7M | 0.200% |
| WhiteBIT | TRX/USDT | 0.335639 | 0.335668 | 0.009% | $7.4M | 0.100% |
| Binance | [TRX/USDT](https://www.binance.com/en/trade/TRX_USDT?type=spot) | 0.3356 | 0.3357 | 0.030% | $13.1M | 0.100% |
| Bybit | [TRX/USDT](https://www.bybit.com/en/trade/spot/TRX/USDT) | 0.3356 | 0.3357 | 0.030% | $1.1M | 0.100% |
| Gate | [TRX/USDT](https://www.gate.com/trade/TRX_USDT) | 0.3356 | 0.3357 | 0.030% | $1.7M | 0.200% |
| KuCoin | [TRX/USDT](https://www.kucoin.com/trade/TRX-USDT) | 0.3356 | 0.3357 | 0.030% | $2.6M | 0.100% |
| MEXC | [TRX/USDT](https://www.mexc.com/exchange/TRX_USDT) | 0.3356 | 0.3357 | 0.030% | $2.6M | 0.050% |
| BingX | [TRX/USDT](https://bingx.com/en/spot/TRXUSDT) | 0.3355 | 0.3357 | 0.060% | $454.4K | 0.100% |
| XT.COM | [TRX/USDT](https://www.xt.com/en/trade/trx_usdt) | 0.3356 | 0.3357 | 0.030% | $3.7M | 0.200% |
| LBank | [TRX/USDT](https://www.lbank.com/trade/trx_usdt) | 0.3356 | 0.3357 | 0.030% | $2.3M | 0.100% |
| Toobit | [TRX/USDT](https://www.toobit.com/en-US/spot/TRX_USDT) | 0.3356 | 0.3357 | 0.030% | $6.6M | 0.100% |
| Deepcoin | [TRX/USDT](https://www.deepcoin.com/en/spot/TRX-USDT) | 0.33557 | 0.33573 | 0.048% | $23.2K | 0.150% |
| BtcTurk | [TRX/USDT](https://kripto.btcturk.com/pro/al-sat/TRX_USDT) | 0.33555 | 0.33575 | 0.060% | $88.1K | 0.090% |
| Bitget | [TRX/USDT](https://www.bitget.com/spot/TRXUSDT) | 0.33577 | 0.33578 | 0.003% | $660.6K | 0.200% |
| Bitstamp | [TRX/USD](https://www.bitstamp.net/markets/trx/usd/) | 0.33539 | 0.33579 | 0.119% | $865.6 | 0.400% |
| HitBTC | TRX/USDT | 0.3354993 | 0.3358039 | 0.091% | $923K | 0.250% |
| Bitfinex | [TRX/USDT](https://trading.bitfinex.com/t/TRXUST) | 0.33536 | 0.3359 | 0.161% | $55.7K | 0.200% |
| CEX.IO | [TRX/USDC](https://trade.cex.io/spot/TRX-USDC) | 0.33534 | 0.33596 | 0.185% | $7.2K | 0.100% |
| HTX | [TRX/USDT](https://www.htx.com/trade/trx_usdt) | 0.335919 | 0.336091 | 0.051% | $6.6M | 0.200% |
| BigONE | [TRX/USDT](https://big.one/en/trade/TRX-USDT) | 0.33518 | 0.33642 | 0.369% | $276.2K | 0.100% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | HTX | Bitget | OKX | DigiFinex | WhiteBIT | Binance | Bybit | Gate | KuCoin | MEXC | XT.COM | LBank | Toobit | Kraken | BTSE | Deepcoin | BtcTurk | WEEX | BingX | HitBTC | Bitstamp | Revolut X | Bitfinex | CEX.IO | BigONE |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Kraken | -0.36% | -0.41% | -0.40% | -0.45% | -0.35% | -0.36% | -0.36% | -0.46% | -0.36% | -0.31% | -0.46% | -0.36% | -0.36% | — | -0.28% | -0.42% | -0.36% | -0.39% | -0.39% | -0.54% | -0.72% | -0.42% | -0.53% | -0.44% | -0.48% |
| WEEX | -0.20% | -0.25% | -0.24% | -0.29% | -0.19% | -0.20% | -0.20% | -0.30% | -0.20% | -0.15% | -0.30% | -0.20% | -0.20% | -0.36% | -0.13% | -0.26% | -0.20% | — | -0.23% | -0.38% | -0.56% | -0.26% | -0.37% | -0.28% | -0.33% |
| Revolut X | -0.19% | -0.24% | -0.23% | -0.28% | -0.18% | -0.19% | -0.19% | -0.29% | -0.19% | -0.14% | -0.29% | -0.19% | -0.19% | -0.35% | -0.12% | -0.25% | -0.19% | -0.22% | -0.22% | -0.37% | -0.55% | — | -0.36% | -0.27% | -0.32% |
| BTSE | -0.13% | -0.17% | -0.16% | -0.21% | -0.11% | -0.12% | -0.12% | -0.22% | -0.12% | -0.07% | -0.22% | -0.12% | -0.12% | -0.29% | — | -0.18% | -0.13% | -0.15% | -0.15% | -0.30% | -0.49% | -0.18% | -0.29% | -0.20% | -0.25% |
| OKX | -0.27% | -0.31% | — | -0.35% | -0.25% | -0.26% | -0.26% | -0.36% | -0.26% | -0.21% | -0.36% | -0.26% | -0.26% | -0.43% | -0.19% | -0.32% | -0.27% | -0.29% | -0.29% | -0.44% | -0.63% | -0.33% | -0.44% | -0.34% | -0.39% |
| DigiFinex | -0.32% | -0.36% | -0.35% | — | -0.30% | -0.31% | -0.31% | -0.41% | -0.31% | -0.26% | -0.41% | -0.31% | -0.31% | -0.48% | -0.24% | -0.37% | -0.32% | -0.34% | -0.34% | -0.49% | -0.68% | -0.38% | -0.49% | -0.39% | -0.44% |
| WhiteBIT | -0.23% | -0.27% | -0.26% | -0.31% | — | -0.22% | -0.22% | -0.32% | -0.22% | -0.17% | -0.32% | -0.22% | -0.22% | -0.38% | -0.15% | -0.28% | -0.23% | -0.25% | -0.25% | -0.40% | -0.58% | -0.28% | -0.39% | -0.30% | -0.35% |
| Binance | -0.23% | -0.28% | -0.27% | -0.32% | -0.22% | — | -0.23% | -0.33% | -0.23% | -0.18% | -0.33% | -0.23% | -0.23% | -0.39% | -0.16% | -0.29% | -0.23% | -0.26% | -0.26% | -0.41% | -0.59% | -0.29% | -0.40% | -0.31% | -0.35% |
| Bybit | -0.23% | -0.28% | -0.27% | -0.32% | -0.22% | -0.23% | — | -0.33% | -0.23% | -0.18% | -0.33% | -0.23% | -0.23% | -0.39% | -0.16% | -0.29% | -0.23% | -0.26% | -0.26% | -0.41% | -0.59% | -0.29% | -0.40% | -0.31% | -0.35% |
| Gate | -0.33% | -0.38% | -0.37% | -0.42% | -0.32% | -0.33% | -0.33% | — | -0.33% | -0.28% | -0.43% | -0.33% | -0.33% | -0.49% | -0.26% | -0.39% | -0.33% | -0.36% | -0.36% | -0.51% | -0.69% | -0.39% | -0.50% | -0.41% | -0.45% |
| KuCoin | -0.23% | -0.28% | -0.27% | -0.32% | -0.22% | -0.23% | -0.23% | -0.33% | — | -0.18% | -0.33% | -0.23% | -0.23% | -0.39% | -0.16% | -0.29% | -0.23% | -0.26% | -0.26% | -0.41% | -0.59% | -0.29% | -0.40% | -0.31% | -0.35% |
| MEXC | -0.18% | -0.23% | -0.22% | -0.27% | -0.17% | -0.18% | -0.18% | -0.28% | -0.18% | — | -0.28% | -0.18% | -0.18% | -0.34% | -0.11% | -0.24% | -0.18% | -0.21% | -0.21% | -0.36% | -0.54% | -0.24% | -0.35% | -0.26% | -0.30% |
| BingX | -0.23% | -0.28% | -0.27% | -0.32% | -0.22% | -0.23% | -0.23% | -0.33% | -0.23% | -0.18% | -0.33% | -0.23% | -0.23% | -0.39% | -0.16% | -0.29% | -0.23% | -0.26% | — | -0.41% | -0.59% | -0.29% | -0.40% | -0.31% | -0.35% |
| XT.COM | -0.33% | -0.38% | -0.37% | -0.42% | -0.32% | -0.33% | -0.33% | -0.43% | -0.33% | -0.28% | — | -0.33% | -0.33% | -0.49% | -0.26% | -0.39% | -0.33% | -0.36% | -0.36% | -0.51% | -0.69% | -0.39% | -0.50% | -0.41% | -0.45% |
| LBank | -0.23% | -0.28% | -0.27% | -0.32% | -0.22% | -0.23% | -0.23% | -0.33% | -0.23% | -0.18% | -0.33% | — | -0.23% | -0.39% | -0.16% | -0.29% | -0.23% | -0.26% | -0.26% | -0.41% | -0.59% | -0.29% | -0.40% | -0.31% | -0.35% |
| Toobit | -0.23% | -0.28% | -0.27% | -0.32% | -0.22% | -0.23% | -0.23% | -0.33% | -0.23% | -0.18% | -0.33% | -0.23% | — | -0.39% | -0.16% | -0.29% | -0.23% | -0.26% | -0.26% | -0.41% | -0.59% | -0.29% | -0.40% | -0.31% | -0.35% |
| Deepcoin | -0.29% | -0.34% | -0.33% | -0.38% | -0.28% | -0.29% | -0.29% | -0.39% | -0.29% | -0.24% | -0.39% | -0.29% | -0.29% | -0.45% | -0.21% | — | -0.29% | -0.32% | -0.32% | -0.47% | -0.65% | -0.35% | -0.46% | -0.37% | -0.41% |
| BtcTurk | -0.24% | -0.28% | -0.27% | -0.32% | -0.22% | -0.23% | -0.23% | -0.33% | -0.23% | -0.18% | -0.33% | -0.23% | -0.23% | -0.40% | -0.16% | -0.29% | — | -0.26% | -0.26% | -0.41% | -0.60% | -0.30% | -0.41% | -0.31% | -0.36% |
| Bitget | -0.36% | — | -0.39% | -0.44% | -0.34% | -0.35% | -0.35% | -0.45% | -0.35% | -0.30% | -0.45% | -0.35% | -0.35% | -0.52% | -0.28% | -0.41% | -0.36% | -0.38% | -0.38% | -0.53% | -0.72% | -0.42% | -0.53% | -0.43% | -0.48% |
| Bitstamp | -0.56% | -0.61% | -0.59% | -0.64% | -0.54% | -0.56% | -0.56% | -0.66% | -0.56% | -0.51% | -0.66% | -0.56% | -0.56% | -0.72% | -0.48% | -0.62% | -0.56% | -0.59% | -0.59% | -0.74% | — | -0.62% | -0.73% | -0.63% | -0.68% |
| HitBTC | -0.42% | -0.46% | -0.45% | -0.50% | -0.40% | -0.41% | -0.41% | -0.51% | -0.41% | -0.36% | -0.51% | -0.41% | -0.41% | -0.57% | -0.34% | -0.47% | -0.42% | -0.44% | -0.44% | — | -0.77% | -0.47% | -0.58% | -0.49% | -0.54% |
| Bitfinex | -0.39% | -0.44% | -0.43% | -0.48% | -0.38% | -0.39% | -0.39% | -0.49% | -0.39% | -0.34% | -0.49% | -0.39% | -0.39% | -0.55% | -0.32% | -0.45% | -0.39% | -0.42% | -0.42% | -0.57% | -0.75% | -0.45% | — | -0.47% | -0.51% |
| CEX.IO | -0.31% | -0.36% | -0.35% | -0.40% | -0.30% | -0.31% | -0.31% | -0.41% | -0.31% | -0.26% | -0.41% | -0.31% | -0.31% | -0.47% | -0.23% | -0.37% | -0.31% | -0.34% | -0.34% | -0.49% | -0.67% | -0.37% | -0.48% | — | -0.43% |
| HTX | — | -0.50% | -0.48% | -0.53% | -0.43% | -0.45% | -0.45% | -0.55% | -0.45% | -0.40% | -0.55% | -0.45% | -0.45% | -0.61% | -0.37% | -0.51% | -0.45% | -0.48% | -0.48% | -0.63% | -0.81% | -0.51% | -0.62% | -0.52% | -0.57% |
| BigONE | -0.45% | -0.49% | -0.48% | -0.53% | -0.43% | -0.44% | -0.44% | -0.54% | -0.44% | -0.39% | -0.54% | -0.44% | -0.44% | -0.61% | -0.37% | -0.50% | -0.45% | -0.47% | -0.47% | -0.62% | -0.81% | -0.51% | -0.62% | -0.52% | — |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Extended | [TRX/USDC:USDC](https://app.extended.exchange/perp/TRX-USD) | 0.33507 | 0.33508 | 0.003% | $66.7K | 0.200% |
| WhiteBIT | [TRX/USDT:USDT](https://whitebit.com/trade/TRX-PERP?type=futures) | 0.335185 | 0.335305 | 0.036% | $42.9M | 0.055% |
| Binance | [TRX/USDT:USDT](https://www.binance.com/en/futures/TRXUSDT) | 0.3353 | 0.33531 | 0.003% | $20.5M | 0.050% |
| MEXC | [TRX/USDT:USDT](https://www.mexc.com/futures/TRX_USDT) | 0.3353 | 0.33531 | 0.003% | $1.8M | 0.020% |
| Toobit | [TRX/USDT:USDT](https://www.toobit.com/en-US/futures/TRX-SWAP-USDT) | 0.3353 | 0.33531 | 0.003% | $2.6M | 0.100% |
| Deepcoin | [TRX/USDT:USDT](https://www.deepcoin.com/en/swap/TRX-USDT) | 0.3353 | 0.33532 | 0.006% | $147.7K | 0.150% |
| WEEX | [TRX/USDT:USDT](https://www.weex.com/futures/TRX-USDT) | 0.33532 | 0.33533 | 0.003% | $33.3M | 0.080% |
| Gate | [TRX/USDT:USDT](https://www.gate.com/futures/USDT/TRX_USDT) | 0.33534 | 0.33535 | 0.003% | $1.8M | 0.050% |
| BingX | [TRX/USDC:USDC](https://bingx.com/en/perpetual/TRX-USDC) | 0.3353 | 0.33535 | 0.015% | $6.5M | 0.050% |
| OKX | [TRX/USDT:USDT](https://www.okx.com/trade-swap/trx-usdt-swap) | 0.33537 | 0.33538 | 0.003% | $5.1M | 0.050% |
| Aster | [TRX/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/TRXUSDT) | 0.33535 | 0.33538 | 0.009% | $31.6K | 0.035% |
| Bitget | [TRX/USDT:USDT](https://www.bitget.com/futures/usdt/TRXUSDT) | 0.33536 | 0.33539 | 0.009% | $955.4K | 0.060% |
| HTX | [TRX/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=TRX-USDT&contract_type=swap&type=cross) | 0.335229 | 0.335397 | 0.050% | $24.1K | 0.050% |
| Bybit | [TRX/USDT:USDT](https://www.bybit.com/trade/usdt/TRXUSDT) | 0.3353 | 0.3354 | 0.030% | $2.7M | 0.060% |
| KuCoin | [TRX/USDT:USDT](https://www.kucoin.com/trade/futures/TRXUSDTM) | 0.33537 | 0.3354 | 0.009% | $2.8M | 0.060% |
| BTSE | [TRX/USDT:USDT](https://www.btse.com/en/futures/TRX-PERP) | 0.33519 | 0.33542 | 0.069% | $381.1K | 0.055% |
| Paradex | [TRX/USD:USDC](https://app.paradex.trade/trade/TRX-USD-PERP) | 0.33518 | 0.33542 | 0.072% | — | 0.030% |
| Hyperliquid | [TRX/USDC:USDC](https://app.hyperliquid.xyz/trade/TRX) | 0.335381 | 0.3355 | 0.035% | $1.1M | 0.045% |
| WOOFi Pro | [TRX/USDC:USDC](https://pro.woofi.com/en/trade/TRX_PERP) | 0.3352 | 0.3355 | 0.089% | $29.5K | 0.050% |
| Bitfinex | [TRX/USDT:USDT](https://trading.bitfinex.com/t/TRXF0:USTF0) | 0.33532 | 0.33564 | 0.095% | $2.5K | 0.200% |
| XT.COM | [TRX/USDT:USDT](https://www.xt.com/en/futures/trade/trx_usdt) | 0.33563 | 0.33565 | 0.006% | $12.9M | 0.060% |
| HitBTC | TRX/USDT:USDT | 0.3354441 | 0.3356542 | 0.063% | $99K | 0.070% |
| Kraken | [TRX/USD:USD](https://pro.kraken.com/app/trade/futures-trx-usd-perp) | 0.33561 | 0.33566 | 0.015% | $252.7K | 0.050% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | XT.COM | Kraken | HitBTC | Hyperliquid | OKX | KuCoin | Bitget | Aster | Gate | WEEX | Bitfinex | Binance | MEXC | Toobit | Deepcoin | BingX | Bybit | HTX | WOOFi Pro | BTSE | WhiteBIT | Paradex | Extended |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Extended | -0.36% | -0.34% | -0.43% | -0.40% | -0.41% | -0.43% | -0.44% | -0.39% | -0.42% | -0.49% | -0.73% | -0.43% | -0.37% | -0.53% | -0.63% | -0.43% | -0.45% | -0.46% | -0.46% | -0.48% | -0.48% | -0.43% | — |
| WhiteBIT | -0.13% | -0.12% | -0.21% | -0.18% | -0.19% | -0.21% | -0.21% | -0.17% | -0.20% | -0.27% | -0.51% | -0.21% | -0.15% | -0.31% | -0.41% | -0.21% | -0.23% | -0.23% | -0.24% | -0.25% | — | -0.21% | -0.58% |
| Binance | -0.12% | -0.11% | -0.20% | -0.17% | -0.18% | -0.20% | -0.21% | -0.16% | -0.19% | -0.26% | -0.50% | — | -0.14% | -0.30% | -0.40% | -0.20% | -0.22% | -0.22% | -0.23% | -0.25% | -0.25% | -0.20% | -0.57% |
| MEXC | -0.06% | -0.05% | -0.14% | -0.11% | -0.12% | -0.14% | -0.15% | -0.10% | -0.13% | -0.20% | -0.44% | -0.14% | — | -0.24% | -0.34% | -0.14% | -0.16% | -0.16% | -0.17% | -0.19% | -0.19% | -0.14% | -0.51% |
| Toobit | -0.22% | -0.21% | -0.30% | -0.27% | -0.28% | -0.30% | -0.31% | -0.26% | -0.29% | -0.36% | -0.60% | -0.30% | -0.24% | — | -0.50% | -0.30% | -0.32% | -0.32% | -0.33% | -0.35% | -0.35% | -0.30% | -0.67% |
| Deepcoin | -0.33% | -0.31% | -0.40% | -0.37% | -0.39% | -0.41% | -0.41% | -0.36% | -0.39% | -0.46% | -0.70% | -0.41% | -0.35% | -0.51% | — | -0.41% | -0.43% | -0.43% | -0.44% | -0.45% | -0.45% | -0.40% | -0.77% |
| WEEX | -0.19% | -0.18% | -0.27% | -0.23% | -0.25% | -0.27% | -0.27% | -0.22% | -0.26% | — | -0.56% | -0.27% | -0.21% | -0.37% | -0.47% | -0.27% | -0.29% | -0.29% | -0.30% | -0.31% | -0.31% | -0.26% | -0.64% |
| Gate | -0.14% | -0.12% | -0.21% | -0.18% | -0.19% | -0.21% | -0.22% | -0.17% | — | -0.27% | -0.51% | -0.21% | -0.15% | -0.31% | -0.41% | -0.21% | -0.23% | -0.24% | -0.24% | -0.26% | -0.26% | -0.21% | -0.58% |
| BingX | -0.14% | -0.12% | -0.21% | -0.18% | -0.19% | -0.21% | -0.22% | -0.17% | -0.20% | -0.27% | -0.51% | -0.21% | -0.15% | -0.31% | -0.41% | — | -0.23% | -0.24% | -0.24% | -0.26% | -0.26% | -0.21% | -0.58% |
| OKX | -0.15% | -0.13% | -0.22% | -0.19% | — | -0.22% | -0.23% | -0.18% | -0.21% | -0.28% | -0.52% | -0.22% | -0.16% | -0.32% | -0.42% | -0.22% | -0.24% | -0.25% | -0.25% | -0.27% | -0.27% | -0.22% | -0.59% |
| Aster | -0.12% | -0.10% | -0.19% | -0.16% | -0.17% | -0.19% | -0.20% | — | -0.18% | -0.25% | -0.49% | -0.19% | -0.13% | -0.29% | -0.39% | -0.19% | -0.21% | -0.22% | -0.22% | -0.24% | -0.24% | -0.19% | -0.56% |
| Bitget | -0.17% | -0.15% | -0.24% | -0.21% | -0.23% | -0.25% | — | -0.20% | -0.23% | -0.30% | -0.54% | -0.25% | -0.19% | -0.35% | -0.45% | -0.25% | -0.27% | -0.27% | -0.28% | -0.29% | -0.29% | -0.24% | -0.62% |
| HTX | -0.15% | -0.14% | -0.23% | -0.19% | -0.21% | -0.23% | -0.23% | -0.18% | -0.22% | -0.28% | -0.52% | -0.23% | -0.17% | -0.33% | -0.43% | -0.23% | -0.25% | — | -0.26% | -0.27% | -0.27% | -0.22% | -0.60% |
| Bybit | -0.17% | -0.16% | -0.25% | -0.22% | -0.23% | -0.25% | -0.25% | -0.20% | -0.24% | -0.30% | -0.54% | -0.25% | -0.19% | -0.35% | -0.45% | -0.25% | — | -0.27% | -0.28% | -0.29% | -0.29% | -0.25% | -0.62% |
| KuCoin | -0.17% | -0.16% | -0.25% | -0.22% | -0.23% | — | -0.25% | -0.20% | -0.24% | -0.30% | -0.54% | -0.25% | -0.19% | -0.35% | -0.45% | -0.25% | -0.27% | -0.27% | -0.28% | -0.29% | -0.29% | -0.25% | -0.62% |
| BTSE | -0.17% | -0.15% | -0.24% | -0.21% | -0.22% | -0.24% | -0.25% | -0.20% | -0.23% | -0.30% | -0.54% | -0.25% | -0.19% | -0.35% | -0.45% | -0.25% | -0.27% | -0.27% | -0.28% | — | -0.29% | -0.24% | -0.61% |
| Paradex | -0.12% | -0.10% | -0.19% | -0.16% | -0.17% | -0.19% | -0.20% | -0.15% | -0.18% | -0.25% | -0.49% | -0.20% | -0.14% | -0.30% | -0.40% | -0.20% | -0.22% | -0.22% | -0.23% | -0.24% | -0.24% | — | -0.56% |
| Hyperliquid | -0.17% | -0.16% | -0.25% | — | -0.23% | -0.25% | -0.25% | -0.20% | -0.24% | -0.30% | -0.54% | -0.25% | -0.19% | -0.35% | -0.45% | -0.25% | -0.27% | -0.27% | -0.28% | -0.29% | -0.29% | -0.25% | -0.62% |
| WOOFi Pro | -0.18% | -0.17% | -0.26% | -0.23% | -0.24% | -0.26% | -0.26% | -0.21% | -0.25% | -0.31% | -0.55% | -0.26% | -0.20% | -0.36% | -0.46% | -0.26% | -0.28% | -0.28% | — | -0.30% | -0.30% | -0.26% | -0.63% |
| Bitfinex | -0.52% | -0.51% | -0.60% | -0.57% | -0.58% | -0.60% | -0.60% | -0.56% | -0.59% | -0.66% | — | -0.60% | -0.54% | -0.70% | -0.80% | -0.60% | -0.62% | -0.62% | -0.63% | -0.64% | -0.65% | -0.60% | -0.97% |
| XT.COM | — | -0.23% | -0.32% | -0.29% | -0.30% | -0.32% | -0.33% | -0.28% | -0.31% | -0.38% | -0.62% | -0.32% | -0.26% | -0.42% | -0.52% | -0.32% | -0.34% | -0.35% | -0.35% | -0.37% | -0.37% | -0.32% | -0.69% |
| HitBTC | -0.27% | -0.25% | — | -0.31% | -0.32% | -0.34% | -0.35% | -0.30% | -0.33% | -0.40% | -0.64% | -0.35% | -0.29% | -0.45% | -0.55% | -0.35% | -0.37% | -0.37% | -0.38% | -0.39% | -0.39% | -0.34% | -0.71% |
| Kraken | -0.23% | — | -0.30% | -0.27% | -0.29% | -0.31% | -0.31% | -0.26% | -0.30% | -0.36% | -0.60% | -0.31% | -0.25% | -0.41% | -0.51% | -0.31% | -0.33% | -0.33% | -0.34% | -0.35% | -0.35% | -0.30% | -0.68% |

## Frequently asked questions

### Is there a TRX arbitrage opportunity right now?

No. The best TRX routes do not cover taker fees at the moment.

### Which exchange has the cheapest TRX?

Lowest ask price: Spot: Kraken at 0.335593; Perpetual: Extended at 0.33508.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.