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−0.0002%/8h= −0.2% APRpaid last 24h +0.010%
Price spread now: SoDEX against BingX−0.006%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TRX-USDC0.34460.0100pay 0.0100% / 8h3m 20s$6.5M
ShortSoDEX TRX-USD0.34450.0098get 0.0012% / 1h3m 20s$402$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$0.41
Price spread: −0.006% → 0.000%
−$0.58
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$18.99
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 7 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 7 min ago0.73 bp6.8 bp −$720.5 bp −$205254.3 bp −$25.4K842.5 bp −$421.3K
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective TRX/USDC PERP−0.0146%1h0.3441−0.131%$1K$163K12xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3445−0.022%$520xas long as short
KuCoin TRXUSDTM−0.0092%8h0.3445−0.017%$8.7M$3.6M75xas long as short
Phoenix TRX−0.0070%1h0.3446+0.012%$5K$13K10xas long as short
Backpack TRX_USDC_PERP−0.0062%1h0.3445−0.017%$58K$4K10xas long as short
Variational Omni TRX−0.0018%8h0.3443−0.072%$563K$36Kas long as short
HTX TRX-USDT−0.0017%8h0.3444−0.030%$827K$732K75xas long as short
Bybit TRXUSDT−0.0005%8h0.3445−0.017%$54.7M$8.0M75xas long as short
dYdX TRX-USD0.0000%1h0.3447+0.041%$181K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3446+0.020%$121K150xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRX-USDT-SWAP+0.0035%8h0.3445−0.012%$15.6M$8.8M50xas long as short
Extended TRX-USD+0.0040%1h0.3445−0.027%$196K$1.1M25xas long as short
MEXC TRX_USDT+0.0041%8h0.3445−0.003%$18.3M$1.9M200xas long as short
Binance TRXUSDT+0.0041%8h0.3446+0.014%$99.5M$48.3M75xas long as short
Kraken Futures PF_TRXUSD+0.0062%1h0.3447+0.034%$1.9M$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0077%8h0.3445−0.011%$9K$38520xas long as short
Gate TRX_USDT+0.0083%8h0.3445−0.003%$9.6M$2.5M75xas long as short
Aster TRXUSDT+0.0084%8h0.3445−0.004%$956K$660K75xas long as short
Aevo TRX-PERP+0.0088%1h0.3444−0.052%$33K3xas long as short
Lighter TRX+0.0088%1h0.3445−0.023%$482K$630K10xas long as short
Phemex TRXUSDT+0.0088%8h0.3445−0.017%$3.8M$1.6M50xas long as short
Orderly PERP_TRX_USDC+0.0091%8h0.34460.000%$14K$107K20xas long as short
SoDEX TRX-USDshort+0.0098%1h0.3445−0.006%$402$5K5x
Hyperliquid TRX+0.0100%1h0.3447+0.038%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3446+0.009%$9.5M$2.2M75xas long as short
BingX TRX-USDClong+0.0100%8h0.3446long leg$6.5M
edgeX TRXUSDC+0.0100%4h0.3443−0.066%$588K$443K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3446+0.009%$115K$569K50xas long as short
SunX TRX-USDT+0.0100%8h0.3445−0.004%$196K$934K30xas long as short
BloFin TRX-USDT+0.0160%8h0.3445−0.023%$4.6M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3445−0.007%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0525%1h0.3449+0.098%$833K$417K25xas long as short