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% APRpaid last 24h +0.002%
Price spread now: Aster against Extended−0.016%7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.188%+$19 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.016%, 7d avg +0.087%
Together, before fees+0.225%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$23 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: Aster is 0.103% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRX-USD0.34800.0104pay 0.0013% / 1h45m 23s$195K$1.0M25x
ShortAster TRXUSDT0.34790.0100get 0.0100% / 8h5h 45m$963K$692K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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: −0.016% → +0.087%
−$10.34
Slippage, 4 orders
−$7.34
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$31.52
Costs to cover
0.203%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Aster: live order book, 18 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, 3 min ago0.14 bp3.5 bp −$311.5 bp −$115doesn't fitdoesn't fit
Sell Aster live order book, 18 min ago0.29 bp7.7 bp −$8doesn'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%1h0.3480−0.004%$520xas long as short
Phoenix TRX−0.0023%1h0.3480+0.010%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3479−0.019%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3480+0.004%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.119%$1K$163K12xas long as short
KuCoin TRXUSDTM+0.0087%8h0.3481+0.039%$8.8M$3.5M75xas long as short
Lighter TRX+0.0096%1h0.3480−0.004%$485K$662K10xas long as short
Orderly PERP_TRX_USDC+0.0097%8h0.3481+0.021%$14K$122K20xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3479−0.017%$9K$25120xas long as short
Hyperliquid TRX+0.0100%1h0.3482+0.047%$13.0M$2.5M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDTshort+0.0100%8h0.3479−0.016%$963K$692K75x
Binance TRXUSDT+0.0100%8h0.3480+0.015%$105.1M$55.9M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3481+0.016%$54.0M$11.2M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3481+0.019%$15.6M$9.4M50xas long as short
Gate TRX_USDT+0.0100%8h0.3480−0.007%$9.7M$2.8M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3480+0.013%$18.7M$2.1M200xas long as short
Bitget TRXUSDT+0.0100%8h0.3481+0.033%$10.4M$3.3M75xas long as short
BingX TRX-USDT+0.0100%8h0.3480+0.001%$32.8Mas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3479−0.033%$59K$4K10xas long as short
Variational Omni TRX+0.0100%8h0.3478−0.059%$568K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3479−0.033%$593K$470K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3479−0.027%$116K$560K50xas long as short
SunX TRX-USDT+0.0100%8h0.3477−0.095%$198K$1.1M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3481+0.024%$407$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3480+0.014%$840K$821K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3481+0.016%$3.9M$1.8M50xas long as short
Extended TRX-USDlong+0.0104%1h0.3480long leg$195K$1.0M25x
Aevo TRX-PERP+0.0104%1h0.3479−0.039%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3481+0.027%$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.34800.000%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0584%1h0.3482+0.060%$2.4M$1.7M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0735%1h0.3484+0.127%$839K$496K25xas long as short