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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0184%/8h= −20.1% APRnext payment $1.84 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against BingX+0.009%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.384% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.136%−$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TRX-USDT0.34590.0100pay 0.0100% / 8h7h 13m$32.9M
ShortKuCoin TRXUSDTM0.3459−0.0084pay 0.0084% / 8h7h 13m$8.7M$3.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
−$38.64
Price spread: +0.009% → 0.000%
$0.87
Slippage, 4 orders
−$16.45
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$76.22
Costs to cover
0.384%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 4 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 BingX live order book, 10 min ago0.43 bp6.4 bp −$67.3 bp −$7310.6 bp −$1,05636.7 bp −$18.4K
Sell KuCoin live order book, 4 min ago1.01 bp12.6 bp −$1347.2 bp −$472doesn'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%1h0.3458−0.031%$520xas long as short
KuCoin TRXUSDTMshort−0.0084%8h0.3459+0.009%$8.7M$3.5M75x
Phoenix TRX−0.0046%1h0.3457−0.049%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3458−0.005%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3459+0.018%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.509%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0041%1h0.3458−0.023%$59K$4K10xas long as short
Variational Omni TRX+0.0057%8h0.3455−0.105%$564K$37Kas long as short
MEXC TRX_USDT+0.0084%8h0.3458−0.009%$18.5M$1.9M200xas long as short
Binance TRXUSDT+0.0085%8h0.3458−0.009%$100.8M$48.3M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TRX-USDT+0.0088%8h0.3458−0.032%$831K$769K75xas long as short
Extended TRX-USD+0.0088%1h0.3458−0.023%$194K$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0092%8h0.3458−0.008%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0092%8h0.3458−0.012%$15K$107K20xas long as short
OKX TRX-USDT-SWAP+0.0093%8h0.3459+0.006%$15.5M$8.4M50xas long as short
Lighter TRX+0.0096%1h0.3458−0.003%$484K$630K10xas long as short
Hyperliquid TRX+0.0100%1h0.3460+0.052%$13.2M$2.3M10xas long as short
Aster TRXUSDT+0.0100%8h0.3459+0.015%$957K$666K75xas long as short
Bybit TRXUSDT+0.0100%8h0.3459+0.012%$55.1M$8.3M75xas long as short
Gate TRX_USDT+0.0100%8h0.3460+0.032%$9.7M$2.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3458−0.003%$9.6M$2.5M75xas long as short
BingX TRX-USDTlong+0.0100%8h0.3459long leg$32.9M
edgeX TRXUSDC+0.0100%4h0.3455−0.094%$590K$441K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3456−0.067%$115K$566K50xas long as short
SunX TRX-USDT+0.0100%8h0.3455−0.107%$196K$957K30xas long as short
SoDEX TRX-USD+0.0100%1h0.3458−0.009%$406$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3458−0.003%$3.9M$1.6M50xas long as short
Aevo TRX-PERP+0.0104%1h0.3456−0.067%$34K3xas long as short
Kraken Futures PF_TRXUSD+0.0172%1h0.3460+0.044%$2.3M$1.5M25xas long as short
BloFin TRX-USDT+0.0203%8h0.3458−0.029%$4.7M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0367% / S −0.0395%1h0.3459+0.004%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0470%1h0.3462+0.098%$847K$421K25xas long as short