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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.029%
Price spread now: ApeX Omni against Extended+0.017%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.353%+$35 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.017%, 7d avg +0.050%
Together, before fees+0.425%+ Points / potential airdropExtended: Active · farm board+$43 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: ApeX Omni is 0.033% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRX-USD0.34790.0104pay 0.0013% / 1h41m 12s$198K$1.0M25x
ShortApeX Omni TRXUSDT0.34790.0100get 0.0013% / 1h41m 12s$116K$561K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$0.84
Price spread: +0.017% → +0.050%
−$3.29
Slippage, 4 orders
−$15.11
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$34.24
Costs to cover
0.301%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; ApeX Omni: live order book, 21 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 Extended live order book, 2 min ago0.14 bp3.5 bp −$311.2 bp −$112doesn't fitdoesn't fit
Sell ApeX Omni live order book, 21 min ago3.74 bp11.3 bp −$11102.1 bp −$1,021doesn'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%1h0.3479+0.009%$520xas long as short
Phoenix TRX−0.0023%1h0.3481+0.078%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3479+0.023%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3480+0.033%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.078%$1K$163K12xas long as short
KuCoin TRXUSDTM+0.0093%8h0.3480+0.032%$8.8M$3.5M75xas long as short
Lighter TRX+0.0096%1h0.3479+0.023%$485K$662K10xas long as short
Orderly PERP_TRX_USDC+0.0097%8h0.3479+0.026%$14K$122K20xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3479+0.020%$9K$25120xas long as short
Hyperliquid TRX+0.0100%1h0.3482+0.112%$13.1M$2.5M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDT+0.0100%8h0.3480+0.032%$963K$692K75xas long as short
Binance TRXUSDT+0.0100%8h0.3479+0.026%$105.2M$56.0M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3480+0.043%$54.0M$11.2M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3479+0.023%$15.6M$9.4M50xas long as short
Gate TRX_USDT+0.0100%8h0.3479+0.026%$9.7M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3479+0.026%$18.7M$2.1M200xas long as short
Bitget TRXUSDT+0.0100%8h0.3480+0.043%$10.4M$3.3M75xas long as short
BingX TRX-USDC+0.0100%8h0.3480+0.032%$6.5Mas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3479+0.023%$59K$4K10xas long as short
Variational Omni TRX+0.0100%8h0.3478−0.018%$568K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3479+0.018%$593K$464K20xas long as short
ApeX Omni TRXUSDTshort+0.0100%1h0.3479+0.017%$116K$561K50x
SunX TRX-USDT+0.0100%8h0.3476−0.086%$197K$1.2M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3479+0.026%$408$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3478−0.008%$840K$822K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3479+0.029%$3.9M$1.8M50xas long as short
Extended TRX-USDlong+0.0104%1h0.3479long leg$198K$1.0M25x
Aevo TRX-PERP+0.0104%1h0.3478−0.013%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3479+0.029%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3480+0.029%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0585%1h0.3481+0.059%$2.4M$1.7M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0810%1h0.3483+0.142%$841K$498K25xas long as short