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−0.0021%/8h= −2.3% APRnext payment $0.21 per $10,000 · paid last 24h −0.003%
Price spread now: Paradex against Bitget+0.008%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds 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: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRXUSDT0.34390.0065pay 0.0065% / 8h2h 51m$9.4M$2.1M75x
ShortParadex TRX-USD-PERP0.34400.0044get 0.0044% / 8h2h 51m$9K$38520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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
−$4.39
Price spread: +0.008% → 0.000%
$0.76
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$19.63
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Paradex: 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 Bitget live order book, 2 min ago0.29 bp7.5 bp −$711.6 bp −$11632.7 bp −$3,272doesn't fit
Sell Paradex no order-book sample
Paradex: 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
Reya TRXRUSDPERP−0.0133%1h0.3439−0.003%$520xas long as short
Bybit TRXUSDT−0.0095%8h0.3439−0.012%$54.7M$8.2M75xas long as short
BingX TRX-USDC−0.0094%8h0.3440+0.006%$6.5Mas long as short
Variational Omni TRX−0.0083%8h0.3437−0.056%$562K$39Kas long as short
Backpack TRX_USDC_PERP−0.0074%1h0.3440+0.009%$58K$7K10xas long as short
Phoenix TRX−0.0070%1h0.3441+0.032%$5K$13K10xas long as short
Aster TRXUSDT−0.0056%8h0.3439−0.002%$951K$636K75xas long as short
Injective TRX/USDC PERP−0.0048%1h0.3439−0.012%$1K$100K12xas long as short
HTX TRX-USDT−0.0036%8h0.3439−0.026%$826K$705K75xas long as short
SoDEX TRX-USD−0.0026%1h0.3440+0.006%$405$5K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRXUSDT−0.0001%8h0.3440+0.011%$99.3M$49.4M75xas long as short
Lighter TRX0.0000%1h0.3439−0.003%$483K$628K10xas long as short
dYdX TRX-USD0.0000%1h0.3441+0.037%$181K$10K10xas long as short
Extended TRX-USD0.0000%1h0.3439−0.014%$196K$1.1M25xas long as short
MEXC TRX_USDT0.0000%8h0.3440+0.009%$17.2M$1.6M200xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3441+0.055%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0011%8h0.34390.000%$15.6M$8.8M50xas long as short
Paradex TRX-USD-PERPshort+0.0044%8h0.3440+0.008%$9K$38520x
Bitget TRXUSDTlong+0.0065%8h0.3439long leg$9.4M$2.1M75x
KuCoin TRXUSDTM+0.0066%8h0.3439−0.012%$8.7M$3.6M75xas long as short
Phemex TRXUSDT+0.0078%8h0.3440+0.015%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0080%1h0.3438−0.036%$33K3xas long as short
Orderly PERP_TRX_USDC+0.0086%8h0.3439+0.003%$14K$107K20xas long as short
Kraken Futures PF_TRXUSD+0.0087%1h0.3442+0.075%$1.9M$995K25xas long as short
Hyperliquid TRX+0.0100%1h0.3442+0.074%$13.2M$2.2M10xas long as short
Gate TRX_USDT+0.0100%8h0.3440+0.006%$9.7M$2.4M75xas long as short
edgeX TRXUSDC+0.0100%4h0.3439+0.001%$587K$435K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3440+0.006%$115K$542K50xas long as short
SunX TRX-USDT+0.0100%8h0.3442+0.083%$196K$912K30xas long as short
BloFin TRX-USDT+0.0119%8h0.3440+0.009%$4.6M$4.0M50xas long as short
Deribit TRX_USDC-PERPETUAL+0.0282%1h0.3444+0.132%$828K$407K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0351% / S −0.0367%1h0.3441+0.044%$19K100xas long as short