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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.016%
Price spread now: KuCoin against Extended+0.062%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 7 days+0.013%+$1 · spread now +0.062%, 7d avg +0.075%
Together, before fees−0.019%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRX-USD0.34840.0104pay 0.0013% / 1h58m 11s$206K$1.2M25x
ShortKuCoin TRXUSDTM0.34860.0100get 0.0100% / 8h7h 58m$8.5M$3.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.062% → +0.075%
−$1.27
Slippage, 4 orders
−$19.12
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$38.23
Costs to cover
0.361%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago0.14 bp3.5 bp −$311.0 bp −$110doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago0.57 bp14.5 bp −$1560.2 bp −$602doesn'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
HTX TRX-USDT−0.0185%8h0.3481−0.091%$834K$959K75xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3484+0.012%$520xas long as short
Phoenix TRX−0.0023%1h0.3484+0.005%$5K$13K10xas long as short
dYdX TRX-USD0.0000%1h0.3485+0.035%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3485+0.044%$126K150xas long as short
Kraken Futures PF_TRXUSD+0.0020%1h0.3487+0.080%$2.4M$1.9M25xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.232%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3485+0.039%$32.6Mas long as short
Paradex TRX-USD-PERP+0.0090%8h0.3484+0.001%$9K$25120xas long as short
Lighter TRX+0.0096%1h0.3486+0.059%$487K$671K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TRX_USDC+0.0099%8h0.3485+0.033%$14K$63K20xas long as short
Aster TRXUSDT+0.0100%8h0.3484−0.010%$973K$715K75xas long as short
Binance TRXUSDT+0.0100%8h0.3486+0.065%$107.0M$65.0M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3486+0.059%$53.5M$12.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3486+0.053%$15.7M$10.9M50xas long as short
Gate TRX_USDT+0.0100%8h0.3485+0.042%$9.6M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486+0.068%$19.0M$2.3M200xas long as short
KuCoin TRXUSDTMshort+0.0100%8h0.3486+0.062%$8.5M$3.3M75x
Bitget TRXUSDT+0.0100%8h0.3485+0.028%$9.8M$4.4M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3485+0.028%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3482−0.055%$569K$30Kas long as short
edgeX TRXUSDC+0.0100%4h0.3482−0.050%$594K$502K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3482−0.047%$116K$607K50xas long as short
SunX TRX-USDT+0.0100%8h0.3483−0.023%$198K$1.4M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3485+0.042%$404$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3485+0.039%$4.0M$2.0M50xas long as short
Extended TRX-USDlong+0.0104%1h0.3484long leg$206K$1.2M25x
Aevo TRX-PERP+0.0104%1h0.34840.000%$34K3xas long as short
Hyperliquid TRX+0.0109%1h0.3489+0.151%$13.4M$2.8M10xas long as short
BloFin TRX-USDT+0.0220%8h0.3483−0.015%$4.8M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3485+0.020%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0631%1h0.3489+0.147%$843K$719K25xas long as short