Settings8H · net · $10k
Funding arb · Price arb /

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.054%
Price spread now: dYdX against Aster+0.040%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1391.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.325%+$32 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.040%, 7d avg 0.000%
Together, before fees+0.245%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and dYdX is 0.040% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TRXUSDT0.3439−0.0056get 0.0056% / 8h2h 39m$951K$633K75x
ShortdYdX TRX-USD0.34410.0126get 0.0016% / 1h39m 41s$181K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$38.21
Price spread: +0.040% → 0.000%
$3.97
Slippage, 4 orders
−$121.19
Fee Aster: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$97
Costs to cover
1.392%
Break-even
24.8 days
Slippage from Aster: live order book, 48 min ago; dYdX: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 48 min ago0.58 bp7.7 bp −$811.8 bp −$118doesn't fitdoesn't fit
Sell dYdX live order book, 49 min ago49.99 bp71.9 bp −$72119.4 bp −$1,194224.5 bp −$22.4K665.0 bp −$332.5K

TRX on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya TRXRUSDPERP−0.0133%1h0.3438−0.041%$520xas long as short
Bybit TRXUSDT−0.0093%8h0.3438−0.044%$54.7M$8.2M75xas long as short
Variational Omni TRX−0.0087%8h0.3438−0.052%$562K$39Kas long as short
Phoenix TRX−0.0070%1h0.3441+0.049%$5K$13K10xas long as short
Aster TRXUSDTlong−0.0056%8h0.3439long leg$951K$633K75x
Injective TRX/USDC PERP−0.0048%1h0.3439−0.009%$1K$100K12xas long as short
Backpack TRX_USDC_PERP−0.0039%1h0.3438−0.026%$58K$7K10xas long as short
HTX TRX-USDT−0.0034%8h0.3438−0.033%$826K$707K75xas long as short
SoDEX TRX-USD−0.0027%1h0.3438−0.029%$403$5K5xas long as short
Lighter TRX−0.0008%1h0.3438−0.038%$483K$628K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRXUSDT−0.0002%8h0.3439−0.023%$99.3M$49.2M75xas long as short
MEXC TRX_USDT−0.0001%8h0.3438−0.026%$17.2M$1.6M200xas long as short
Extended TRX-USD0.0000%1h0.3437−0.057%$196K$1.1M25xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3440+0.026%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0008%8h0.3438−0.047%$15.6M$8.8M50xas long as short
Paradex TRX-USD-PERP+0.0038%8h0.3438−0.033%$9K$38520xas long as short
KuCoin TRXUSDTM+0.0044%8h0.3437−0.067%$8.7M$3.6M75xas long as short
Bitget TRXUSDT+0.0066%8h0.3438−0.044%$9.4M$2.1M75xas long as short
BingX TRX-USDC+0.0066%8h0.3438−0.038%$6.5Mas long as short
Phemex TRXUSDT+0.0072%8h0.3439−0.017%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0080%1h0.3437−0.063%$33K3xas long as short
Orderly PERP_TRX_USDC+0.0087%8h0.3439−0.003%$14K$107K20xas long as short
Kraken Futures PF_TRXUSD+0.0087%1h0.3440+0.029%$1.9M$978K25xas long as short
Hyperliquid TRX+0.0100%1h0.3440+0.032%$13.2M$2.2M10xas long as short
Gate TRX_USDT+0.0100%8h0.3438−0.032%$9.7M$2.4M75xas long as short
edgeX TRXUSDC+0.0100%4h0.3440+0.011%$587K$436K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3440+0.020%$115K$541K50xas long as short
SunX TRX-USDT+0.0100%8h0.3441+0.053%$196K$914K30xas long as short
BloFin TRX-USDT+0.0119%8h0.3439−0.009%$4.6M$4.0M50xas long as short
dYdX TRX-USDshort+0.0126%1h0.3441+0.040%$181K$10K10x
Deribit TRX_USDC-PERPETUAL+0.0241%1h0.3443+0.100%$828K$407K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0351% / S −0.0367%1h0.3440+0.021%$19K100xas long as short