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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.049%
Price spread now: Aster against dYdX−0.054%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.295%−$30 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.054%, 7d avg −0.001%
Together, before fees−0.196%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.054% cheaper against dYdX than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.001%). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.295%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRX-USD0.34560get 0.0000% / 1h19m 36s$182K$10K10x
ShortAster TRXUSDT0.34540.0100get 0.0100% / 8h7h 19m$956K$664K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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
$21
Price spread: −0.054% → −0.001%
−$5.37
Slippage, 4 orders
−$137.21
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$139.58
Costs to cover
1.552%
Break-even
53.5 days
Slippage from dYdX: live order book, 54 min ago; Aster: live order book, 53 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 dYdX live order book, 54 min ago64.67 bp72.0 bp −$7272.2 bp −$72275.6 bp −$7,564390.5 bp −$195.3K
Sell Aster live order book, 53 min ago0.29 bp9.0 bp −$9doesn't fitdoesn'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%1h0.3454−0.062%$520xas long as short
KuCoin TRXUSDTM−0.0088%8h0.3454−0.063%$8.7M$3.5M75xas long as short
Phoenix TRX−0.0046%1h0.3457+0.003%$5K$14K10xas long as short
dYdX TRX-USDlong0.0000%1h0.3456long leg$182K$10K10x
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3455−0.031%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.445%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0045%1h0.3454−0.063%$58K$4K10xas long as short
Variational Omni TRX+0.0050%8h0.3454−0.071%$565K$36Kas long as short
MEXC TRX_USDT+0.0077%8h0.3454−0.054%$18.4M$1.9M200xas long as short
Binance TRXUSDT+0.0077%8h0.3455−0.047%$100.7M$48.1M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TRX-USDT+0.0078%8h0.3453−0.105%$830K$754K75xas long as short
Extended TRX-USD+0.0080%1h0.3453−0.087%$194K$1.1M25xas long as short
OKX TRX-USDT-SWAP+0.0087%8h0.3455−0.046%$15.5M$8.4M50xas long as short
Paradex TRX-USD-PERP+0.0091%8h0.3454−0.063%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0092%8h0.3454−0.054%$15K$107K20xas long as short
Lighter TRX+0.0096%1h0.3454−0.063%$483K$630K10xas long as short
Aevo TRX-PERP+0.0096%1h0.3452−0.116%$33K3xas long as short
Hyperliquid TRX+0.0100%1h0.3456+0.001%$13.2M$2.3M10xas long as short
Aster TRXUSDTshort+0.0100%8h0.3454−0.054%$956K$664K75x
Bybit TRXUSDT+0.0100%8h0.3454−0.069%$55.1M$8.3M75xas long as short
Gate TRX_USDT+0.0100%8h0.3455−0.043%$9.7M$2.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3454−0.069%$9.5M$2.1M75xas long as short
BingX TRX-USDC+0.0100%8h0.3455−0.049%$6.5Mas long as short
edgeX TRXUSDC+0.0100%4h0.3454−0.058%$590K$441K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3454−0.060%$115K$565K50xas long as short
SunX TRX-USDT+0.0100%8h0.3452−0.123%$196K$956K30xas long as short
SoDEX TRX-USD+0.0100%1h0.3455−0.040%$404$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3455−0.037%$3.9M$1.6M50xas long as short
Kraken Futures PF_TRXUSD+0.0172%1h0.3457+0.022%$2.3M$1.5M25xas long as short
BloFin TRX-USDT+0.0195%8h0.3455−0.046%$4.7M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0367% / S −0.0395%1h0.3455−0.042%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0572%1h0.3459+0.064%$846K$421K25xas long as short