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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bitget−0.042%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$610.607% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now −0.042%, 7d avg −0.078%
Together, before fees+0.017%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.036% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRXUSDT0.34860.0100pay 0.0100% / 8h59m 03s$9.8M$4.3M75x
ShortSunX TRX-USDT0.34840.0100get 0.0100% / 8h59m 03s$198K$1.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.042% → −0.078%
$3.6
Slippage, 4 orders
−$40.74
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$57.15
Costs to cover
0.607%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 5 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 Bitget live order book, 4 min ago0.14 bp7.1 bp −$711.2 bp −$11234.8 bp −$3,478doesn't fit
Sell SunX live order book, 5 min ago18.02 bp22.0 bp −$2228.9 bp −$289doesn'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%1h0.3486−0.010%$520xas long as short
HTX TRX-USDT−0.0070%8h0.3486−0.001%$834K$944K75xas long as short
SoDEX TRX-USD−0.0026%1h0.3486−0.006%$410$5K5xas long as short
dYdX TRX-USD0.0000%1h0.3486+0.014%$183K$12K10xas long as short
Phoenix TRX0.0000%1h0.3487+0.040%$5K$13K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3487+0.036%$123K150xas long as short
Backpack TRX_USDC_PERP+0.0025%1h0.3485−0.017%$62K$5K10xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.288%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.34860.000%$32.8Mas long as short
Lighter TRX+0.0096%1h0.3486−0.003%$487K$670K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRX-USD-PERP+0.0099%8h0.3486+0.007%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3486−0.006%$14K$60K20xas long as short
Hyperliquid TRX+0.0100%1h0.3489+0.100%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3484−0.066%$971K$712K75xas long as short
Binance TRXUSDT+0.0100%8h0.3486−0.006%$107.4M$62.6M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3486−0.011%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3486+0.003%$15.6M$10.6M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486+0.011%$9.6M$3.2M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486+0.003%$19.6M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3487+0.032%$8.5M$3.4M75xas long as short
Bitget TRXUSDTlong+0.0100%8h0.3486long leg$9.8M$4.3M75x
Variational Omni TRX+0.0100%8h0.3485−0.029%$570K$33Kas long as short
edgeX TRXUSDC+0.0100%4h0.3485−0.021%$594K$461K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3488+0.046%$116K$590K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3484−0.042%$198K$1.3M30x
Phemex TRXUSDT+0.0100%8h0.3487+0.017%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3485−0.033%$209K$708K25xas long as short
Aevo TRX-PERP+0.0104%1h0.3485−0.039%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3487+0.029%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0295%1h0.3487+0.019%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3487+0.036%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0757%1h0.3491+0.139%$908K$688K25xas long as short