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% APRpaid last 24h −0.027%
Price spread now: MEXC against edgeX+0.013%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$150.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.099%−$10 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.013%, 7d avg +0.026%
Together, before fees−0.109%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TRXUSDC0.34860.0100pay 0.0050% / 4h3h 11m$595K$468K20x
ShortMEXC TRX_USDT0.34870.0100get 0.0100% / 8h3h 11m$19.0M$2.2M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. 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: +0.013% → +0.026%
−$1.29
Slippage, 4 orders
−$2.49
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$16.78
Costs to cover
0.155%
Break-even
never at this rate
Slippage from edgeX: live order book, 42 min ago; MEXC: live order book, 2 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 edgeX live order book, 42 min ago0.72 bp5.2 bp −$56.6 bp −$66doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.14 bp2.9 bp −$35.6 bp −$5627.9 bp −$2,78940.7 bp −$20.3K

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
Phoenix TRX−0.0046%1h0.3488+0.045%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3486−0.001%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3487+0.011%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.303%$1K$163K12xas long as short
HTX TRX-USDT+0.0070%8h0.3484−0.059%$825K$890K75xas long as short
BingX TRX-USDC+0.0070%8h0.3487+0.008%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3486−0.004%$486K$671K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3487+0.010%$14K$60K20xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3486−0.017%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3490+0.091%$13.2M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3486−0.009%$965K$698K75xas long as short
Binance TRXUSDT+0.0100%8h0.3487+0.005%$106.3M$61.6M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3486−0.013%$53.9M$12.0M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3487+0.010%$15.6M$10.3M50xas long as short
Gate TRX_USDT+0.0100%8h0.3487+0.002%$9.7M$3.0M75xas long as short
MEXC TRX_USDTshort+0.0100%8h0.3487+0.013%$19.0M$2.2M200x
KuCoin TRXUSDTM+0.0100%8h0.3486−0.007%$8.5M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3487+0.025%$10.6M$3.5M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3486−0.021%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3485−0.044%$570K$37Kas long as short
edgeX TRXUSDClong+0.0100%4h0.3486long leg$595K$468K20x
ApeX Omni TRXUSDT+0.0100%1h0.3486−0.004%$116K$580K50xas long as short
SunX TRX-USDT+0.0100%8h0.3484−0.070%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3487+0.005%$410$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3487+0.010%$4.0M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3486−0.023%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3485−0.041%$34K3xas long as short
Kraken Futures PF_TRXUSD+0.0144%1h0.3487+0.017%$2.4M$1.7M25xas long as short
BloFin TRX-USDT+0.0220%8h0.3485−0.030%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0491%1h0.3487+0.002%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0682%1h0.3490+0.113%$843K$548K25xas long as short