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−0.0121%/8h= −13.3% APRpaid last 24h −0.029%
Price spread now: Paradex against dYdX−0.058%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 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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.058% cheaper against dYdX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRX-USD0.34410.0168pay 0.0021% / 1h27m 27s$181K$10K10x
ShortParadex TRX-USD-PERP0.34390.0047get 0.0047% / 8h2h 27m$9K$38520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$25.49
Price spread: −0.058% → 0.000%
−$5.76
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$45.26
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 61 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 dYdX live order book, 61 min ago49.99 bp55.0 bp −$5556.7 bp −$567117.4 bp −$11.7K477.4 bp −$238.7K
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%1h0.3439−0.061%$520xas long as short
Bybit TRXUSDT−0.0091%8h0.3438−0.084%$54.7M$8.2M75xas long as short
Variational Omni TRX−0.0086%8h0.3436−0.132%$562K$39Kas long as short
Phoenix TRX−0.0070%1h0.3439−0.058%$5K$13K10xas long as short
Backpack TRX_USDC_PERP−0.0054%1h0.3439−0.067%$58K$5K10xas long as short
Aster TRXUSDT−0.0052%8h0.3439−0.061%$951K$638K75xas long as short
Injective TRX/USDC PERP−0.0048%1h0.3439−0.055%$1K$100K12xas long as short
HTX TRX-USDT−0.0031%8h0.3437−0.114%$825K$708K75xas long as short
Lighter TRX−0.0008%1h0.3439−0.064%$483K$628K10xas long as short
Binance TRXUSDT−0.0002%8h0.3439−0.049%$99.3M$49.1M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TRX_USDT−0.0002%8h0.3439−0.043%$17.2M$1.6M200xas long as short
SoDEX TRX-USD0.0000%1h0.3438−0.093%$404$5K5xas long as short
Extended TRX-USD0.0000%1h0.3438−0.075%$196K$1.1M25xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3439−0.041%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0008%8h0.3439−0.055%$15.6M$8.8M50xas long as short
KuCoin TRXUSDTM+0.0021%8h0.3438−0.087%$8.7M$3.6M75xas long as short
Paradex TRX-USD-PERPshort+0.0047%8h0.3439−0.058%$9K$38520x
BingX TRX-USDC+0.0068%8h0.3439−0.064%$6.5Mas long as short
Bitget TRXUSDT+0.0069%8h0.3439−0.061%$9.4M$2.1M75xas long as short
Phemex TRXUSDT+0.0073%8h0.3438−0.087%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0080%1h0.3436−0.134%$33K3xas long as short
Kraken Futures PF_TRXUSD+0.0087%1h0.3440−0.040%$1.9M$977K25xas long as short
Orderly PERP_TRX_USDC+0.0088%8h0.3438−0.084%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3441+0.003%$13.2M$2.2M10xas long as short
Gate TRX_USDT+0.0100%8h0.3439−0.055%$9.7M$2.5M75xas long as short
edgeX TRXUSDC+0.0100%4h0.3437−0.101%$586K$437K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3439−0.049%$115K$541K50xas long as short
SunX TRX-USDT+0.0100%8h0.3441+0.011%$196K$916K30xas long as short
BloFin TRX-USDT+0.0118%8h0.3439−0.052%$4.6M$4.0M50xas long as short
dYdX TRX-USDlong+0.0168%1h0.3441long leg$181K$10K10x
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3439−0.058%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0366%1h0.3442+0.032%$828K$407K25xas long as short