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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Aster−0.017%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$16 on $10k
Price spread, last 7 days−0.099%−$10 · spread now −0.017%, 7d avg −0.086%
Together, before fees−0.264%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.069% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TRXUSDT0.34850.0100pay 0.0100% / 8h2h 00m$966K$701K75x
ShortExtended TRX-USD0.34850.0104get 0.0013% / 1h0m 43s$195K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.017% → −0.086%
$6.92
Slippage, 4 orders
−$11.65
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.88
Costs to cover
0.246%
Break-even
147.7 days
Slippage from Aster: live order book, 47 min ago; Extended: live order book, 2 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, 47 min ago0.72 bp7.6 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.14 bp3.5 bp −$38.2 bp −$82doesn't fitdoesn't fit

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%1h0.3485−0.005%$520xas long as short
Phoenix TRX−0.0023%1h0.3489+0.116%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3486+0.027%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3486+0.027%$123K150xas long as short
HTX TRX-USDT+0.0003%8h0.3483−0.059%$833K$932K75xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.275%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3486+0.028%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3486+0.016%$487K$671K10xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3486+0.005%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3486+0.016%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3489+0.105%$13.2M$2.7M10xas long as short
Aster TRXUSDTlong+0.0100%8h0.3485long leg$966K$701K75x
Binance TRXUSDT+0.0100%8h0.3487+0.030%$107.2M$62.6M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3486+0.016%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3486+0.016%$15.5M$10.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486+0.013%$9.7M$3.2M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3487+0.030%$18.9M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3487+0.039%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3485−0.004%$9.9M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3485−0.001%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3485−0.017%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3486+0.011%$594K$474K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3487+0.036%$116K$580K50xas long as short
SunX TRX-USDT+0.0100%8h0.3485−0.022%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3486+0.028%$409$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3487+0.033%$4.0M$2.0M50xas long as short
Extended TRX-USDshort+0.0104%1h0.3485−0.017%$195K$1.1M25x
Aevo TRX-PERP+0.0104%1h0.3484−0.027%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3486+0.028%$4.7M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3486+0.026%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0415%1h0.3487+0.038%$2.4M$1.8M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.1233%1h0.3492+0.183%$909K$680K25xas long as short