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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.014%
Price spread now: edgeX against dYdX−0.065%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1571.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.343%−$34 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.065%, 7d avg −0.046%
Together, before fees−0.325%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.343%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRX-USD0.34850get 0.0000% / 1h37m 36s$183K$12K10x
ShortedgeX TRXUSDC0.34830.0100get 0.0050% / 4h2h 37m$594K$476K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.065% → −0.046%
−$1.89
Slippage, 4 orders
−$137.97
Fee dYdX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$137.86
Costs to cover
1.570%
Break-even
53.0 days
Slippage from dYdX: live order book, 11 min ago; edgeX: live order book, 11 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, 11 min ago60.59 bp78.9 bp −$79115.9 bp −$1,159201.8 bp −$20.2K514.3 bp −$257.1K
Sell edgeX live order book, 11 min ago0.86 bp5.4 bp −$57.5 bp −$75doesn'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%1h0.3483−0.046%$520xas long as short
Phoenix TRX−0.0023%1h0.3486+0.016%$5K$14K10xas long as short
dYdX TRX-USDlong0.0000%1h0.3485long leg$183K$12K10x
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.34850.000%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.263%$1K$163K12xas long as short
HTX TRX-USDT+0.0050%8h0.3483−0.048%$832K$919K75xas long as short
BingX TRX-USDT+0.0070%8h0.3485−0.007%$32.8Mas long as short
Lighter TRX+0.0096%1h0.3486+0.016%$487K$671K10xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3485+0.010%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3484−0.024%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3489+0.108%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3485−0.008%$964K$699K75xas long as short
Binance TRXUSDT+0.0100%8h0.3486+0.029%$107.0M$62.4M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3485−0.001%$53.9M$12.0M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3486+0.016%$15.5M$10.3M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486+0.019%$9.7M$3.1M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486+0.022%$18.9M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3485+0.002%$8.5M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3485+0.005%$9.9M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3484−0.030%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3482−0.088%$570K$37Kas long as short
edgeX TRXUSDCshort+0.0100%4h0.3483−0.065%$594K$476K20x
ApeX Omni TRXUSDT+0.0100%1h0.3485−0.012%$116K$581K50xas long as short
SunX TRX-USDT+0.0100%8h0.3483−0.063%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3484−0.015%$409$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3484−0.015%$4.0M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3484−0.016%$195K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3483−0.058%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3483−0.058%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3485−0.011%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0415%1h0.3485+0.006%$2.4M$1.8M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0611%1h0.3489+0.109%$902K$643K25xas long as short