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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0197%/8h= −21.6% APRpaid last 24h −0.069%
Price spread now: Reya against Bitget−0.012%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 fees+ Points / potential airdropReya: 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: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRXUSDT0.34400.0064pay 0.0064% / 8h2h 52m$9.4M$2.1M75x
ShortReya TRXRUSDPERP0.3440−0.0133pay 0.0017% / 1h52m 45s$520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$41.43
Price spread: −0.012% → 0.000%
−$1.15
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
−$60.58
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Reya: 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, 1 min ago0.29 bp7.5 bp −$711.6 bp −$11632.7 bp −$3,272doesn't fit
Sell Reya no order-book sample
Reya: 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 TRXRUSDPERPshort−0.0133%1h0.3440−0.012%$520x
Bybit TRXUSDT−0.0095%8h0.3439−0.032%$54.7M$8.2M75xas long as short
BingX TRX-USDT−0.0094%8h0.3439−0.020%$38.1Mas long as short
Backpack TRX_USDC_PERP−0.0085%1h0.3440−0.006%$58K$7K10xas long as short
Variational Omni TRX−0.0083%8h0.3437−0.070%$562K$39Kas long as short
Phoenix TRX−0.0070%1h0.3440+0.003%$5K$13K10xas long as short
Aster TRXUSDT−0.0056%8h0.3439−0.017%$951K$636K75xas long as short
Injective TRX/USDC PERP−0.0048%1h0.3439−0.026%$1K$100K12xas long as short
HTX TRX-USDT−0.0037%8h0.3438−0.052%$826K$705K75xas long as short
SoDEX TRX-USD−0.0035%1h0.3440−0.009%$401$5K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX−0.0008%1h0.3439−0.020%$483K$628K10xas long as short
MEXC TRX_USDT−0.0001%8h0.3440−0.009%$17.2M$1.6M200xas long as short
Binance TRXUSDT−0.0001%8h0.3440+0.007%$99.3M$49.4M75xas long as short
dYdX TRX-USD0.0000%1h0.3441+0.022%$181K$10K10xas long as short
Extended TRX-USD0.0000%1h0.3439−0.024%$196K$1.1M25xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3441+0.039%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0011%8h0.3439−0.015%$15.6M$8.8M50xas long as short
Paradex TRX-USD-PERP+0.0043%8h0.3440−0.005%$9K$38520xas long as short
Bitget TRXUSDTlong+0.0064%8h0.3440long leg$9.4M$2.1M75x
KuCoin TRXUSDTM+0.0068%8h0.3439−0.023%$8.7M$3.6M75xas long as short
Phemex TRXUSDT+0.0080%8h0.3440−0.009%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0080%1h0.3438−0.052%$33K3xas long as short
Orderly PERP_TRX_USDC+0.0086%8h0.3440+0.006%$14K$107K20xas long as short
Kraken Futures PF_TRXUSD+0.0087%1h0.3442+0.059%$1.9M$994K25xas long as short
Hyperliquid TRX+0.0100%1h0.3442+0.061%$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%4h0.3439−0.020%$587K$435K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3440−0.009%$115K$542K50xas long as short
SunX TRX-USDT+0.0100%8h0.3442+0.069%$196K$912K30xas long as short
BloFin TRX-USDT+0.0119%8h0.3439−0.017%$4.6M$4.0M50xas long as short
Deribit TRX_USDC-PERPETUAL+0.0229%1h0.3444+0.114%$828K$407K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0351% / S −0.0367%1h0.3441+0.027%$19K100xas long as short