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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against Aster−0.038%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.038%, 7d avg −0.015%
Together, before fees−0.164%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.022% cheaper against Aster than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.015%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TRXUSDT0.3437−0.0057get 0.0057% / 8h2h 36m$950K$634K75x
ShortKuCoin TRXUSDTM0.34360.0039get 0.0039% / 8h2h 36m$8.7M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$20.11
Price spread: −0.038% → −0.015%
−$2.24
Slippage, 4 orders
−$23.13
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.26
Costs to cover
0.431%
Break-even
15.8 days
Slippage from Aster: live order book, 51 min ago; KuCoin: 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, 51 min ago0.58 bp7.7 bp −$811.8 bp −$118doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago0.58 bp11.1 bp −$1150.8 bp −$508doesn'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%1h0.3438+0.011%$520xas long as short
Bybit TRXUSDT−0.0091%8h0.3437−0.011%$54.7M$8.2M75xas long as short
Variational Omni TRX−0.0087%8h0.3438+0.004%$562K$39Kas long as short
Phoenix TRX−0.0070%1h0.3439+0.047%$5K$13K10xas long as short
Aster TRXUSDTlong−0.0057%8h0.3437long leg$950K$634K75x
Injective TRX/USDC PERP−0.0048%1h0.3439+0.047%$1K$100K12xas long as short
Backpack TRX_USDC_PERP−0.0044%1h0.3438+0.021%$58K$7K10xas long as short
HTX TRX-USDT−0.0034%8h0.3436−0.035%$825K$707K75xas long as short
SoDEX TRX-USD−0.0021%1h0.3438+0.023%$402$5K5xas long as short
Lighter TRX−0.0008%1h0.3438+0.006%$483K$628K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRXUSDT−0.0003%8h0.3438+0.023%$99.3M$49.2M75xas long as short
MEXC TRX_USDT−0.0002%8h0.3438+0.021%$17.2M$1.6M200xas long as short
Extended TRX-USD0.0000%1h0.3437+0.002%$196K$1.1M25xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3440+0.067%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0007%8h0.3438+0.021%$15.6M$8.8M50xas long as short
Paradex TRX-USD-PERP+0.0036%8h0.3438+0.019%$9K$38520xas long as short
KuCoin TRXUSDTMshort+0.0039%8h0.3436−0.038%$8.7M$3.6M75x
BingX TRX-USDC+0.0066%8h0.3438+0.009%$6.5Mas long as short
Bitget TRXUSDT+0.0067%8h0.3438+0.012%$9.4M$2.1M75xas long as short
Phemex TRXUSDT+0.0073%8h0.3438+0.023%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0080%1h0.3437−0.025%$33K3xas long as short
Kraken Futures PF_TRXUSD+0.0087%1h0.3440+0.075%$1.9M$978K25xas long as short
Orderly PERP_TRX_USDC+0.0087%8h0.3438+0.023%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3440+0.072%$13.2M$2.2M10xas long as short
Gate TRX_USDT+0.0100%8h0.3438+0.018%$9.7M$2.5M75xas long as short
edgeX TRXUSDC+0.0100%4h0.3438+0.012%$587K$435K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3438+0.023%$115K$540K50xas long as short
SunX TRX-USDT+0.0100%8h0.3442+0.121%$196K$914K30xas long as short
BloFin TRX-USDT+0.0118%8h0.3439+0.047%$4.6M$4.0M50xas long as short
dYdX TRX-USD+0.0136%1h0.3439+0.037%$181K$10K10xas long as short
GMX TRX/USD [ETH-USDC]L +0.0351% / S −0.0367%1h0.3439+0.050%$19K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0375%1h0.3442+0.147%$828K$407K25xas long as short