TRX arbitrage explained
Right now TRON (TRX) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Aster perp at $0.3356 and the highest bid on OKX spot at $0.3359.
The widest TRX perpetual spread is between Aster and Gate: long TRX on Aster at $0.3356 and short on Gate at $0.3358 for +0.05% gross, or -0.11% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.051% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best TRX route is to buy spot on MEXC and short the perpetual on Gate: -0.01% gross, -0.21% net, with +0.030% a day of funding on the short leg.
Spot–spot TRX arbitrage (buy on MEXC, withdraw, deposit and sell on OKX) shows +0.04% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small TRX gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: TRX funding rates · TRX spread charts · TRON price · arbitrage scanner for all coins.