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+0.0156%/8h= +17.1% APRnext payment +$1.56 per $10,000 · paid last 24h +0.029%
Price spread now: SunX against Aster+0.053%7-day average −0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$560.558% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 3 days (all we have)−0.312%−$31 · spread now +0.053%, 7d avg −0.122%
Together, before fees−0.231%+ Points / potential airdropAster: Stage 5 · farm board−$23 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 SunX is 0.175% dearer against Aster than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TRXUSDT0.3439−0.0056get 0.0056% / 8h2h 39m$951K$633K75x
ShortSunX TRX-USDT0.34410.0100get 0.0100% / 8h2h 39m$196K$914K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$32.84
Price spread: +0.053% → −0.122%
$17.52
Slippage, 4 orders
−$39.8
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$5.44
Costs to cover
0.558%
Break-even
8.2 days
Slippage from Aster: live order book, 48 min ago; SunX: live order book, 42 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 SunX live order book, 42 min ago2.99 bp33.2 bp −$3350.4 bp −$504doesn'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%1h0.3438−0.041%$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%1h0.3438−0.035%$483K$628K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRXUSDT−0.0001%8h0.3438−0.029%$99.3M$49.2M75xas long as short
MEXC TRX_USDT−0.0001%8h0.3438−0.032%$17.2M$1.6M200xas long as short
Extended TRX-USD0.0000%1h0.3438−0.050%$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%8h0.3438−0.035%$15.6M$8.8M50xas long as short
Paradex TRX-USD-PERP+0.0041%8h0.3438−0.027%$9K$38520xas long as short
KuCoin TRXUSDTM+0.0047%8h0.3437−0.058%$8.7M$3.6M75xas long as short
BingX TRX-USDT+0.0066%8h0.3439−0.020%$38.2Mas long as short
Bitget TRXUSDT+0.0067%8h0.3438−0.032%$9.4M$2.1M75xas 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+0.029%$13.2M$2.2M10xas long as short
Gate TRX_USDT+0.0100%8h0.3438−0.035%$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-USDTshort+0.0100%8h0.3441+0.053%$196K$914K30x
BloFin TRX-USDT+0.0119%8h0.3439−0.009%$4.6M$4.0M50xas long as short
dYdX TRX-USD+0.0128%1h0.3441+0.040%$181K$10K10xas long as short
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