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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.009%
Price spread now: edgeX against gTrade (Gains Network)−0.044%68s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2812.808% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.056%−$6 on $10k
Price spread, last 3 days (all we have)+0.039%+$4 · spread now −0.044%, 7d avg −0.046%
Together, before fees−0.017%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TRX/USD0.3446L +0.0003% / S −0.0007%pay 0.0000% / 1h0m 24s$121K150x
ShortedgeX TRXUSDC0.34450.0100get 0.0050% / 4h0m 24s$589K$444K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against gTrade (Gains Network). 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
$20.35
Price spread: −0.044% → −0.046%
$0.19
Slippage, 4 orders
−$261.79
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$260.24
Costs to cover
2.808%
Break-even
96.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 14 min ago; edgeX: live order book, 13 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 gTrade (Gains Network) virtual book (oracle venue), 14 min ago130.02 bp135.0 bp −$135224.8 bp −$2,2482109.1 bp −$210.9K10777.2 bp −$5.39M
Sell edgeX live order book, 13 min ago0.87 bp5.4 bp −$56.7 bp −$67doesn'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
Injective TRX/USDC PERP−0.0146%1h0.3441−0.159%$1K$163K12xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3445−0.039%$520xas long as short
KuCoin TRXUSDTM−0.0090%8h0.3445−0.032%$8.7M$3.6M75xas long as short
Phoenix TRX−0.0070%1h0.3446−0.017%$5K$13K10xas long as short
Backpack TRX_USDC_PERP−0.0057%1h0.3445−0.046%$58K$4K10xas long as short
HTX TRX-USDT−0.0017%8h0.3444−0.069%$827K$733K75xas long as short
Variational Omni TRX−0.0011%8h0.3444−0.071%$563K$36Kas long as short
dYdX TRX-USD0.0000%1h0.3447+0.012%$181K$10K10xas long as short
Bybit TRXUSDT0.0000%8h0.3446−0.014%$54.7M$8.0M75xas long as short
gTrade (Gains Network) TRX/USDlongL +0.0003% / S −0.0007%1h0.3446long leg$121K150x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRX-USDT-SWAP+0.0037%8h0.3445−0.032%$15.6M$8.8M50xas long as short
Extended TRX-USD+0.0040%1h0.3445−0.046%$196K$1.1M25xas long as short
MEXC TRX_USDT+0.0042%8h0.3446−0.023%$18.3M$1.9M200xas long as short
Binance TRXUSDT+0.0043%8h0.3446−0.016%$99.5M$48.4M75xas long as short
Kraken Futures PF_TRXUSD+0.0062%1h0.3447+0.004%$1.9M$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0077%8h0.3445−0.047%$9K$38520xas long as short
Gate TRX_USDT+0.0084%8h0.3446−0.026%$9.6M$2.5M75xas long as short
Aevo TRX-PERP+0.0088%1h0.3444−0.081%$33K3xas long as short
Lighter TRX+0.0088%1h0.3445−0.040%$482K$630K10xas long as short
Aster TRXUSDT+0.0089%8h0.3446−0.014%$956K$660K75xas long as short
Phemex TRXUSDT+0.0090%8h0.3446−0.029%$3.8M$1.6M50xas long as short
Orderly PERP_TRX_USDC+0.0091%8h0.3446−0.020%$14K$107K20xas long as short
SoDEX TRX-USD+0.0100%1h0.3445−0.037%$404$5K5xas long as short
Hyperliquid TRX+0.0100%1h0.3447+0.024%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3446−0.014%$9.5M$2.2M75xas long as short
BingX TRX-USDT+0.0100%8h0.3446−0.023%$40.0Mas long as short
edgeX TRXUSDCshort+0.0100%4h0.3445−0.044%$589K$444K20x
ApeX Omni TRXUSDT+0.0100%1h0.3446−0.029%$115K$571K50xas long as short
SunX TRX-USDT+0.0100%8h0.3445−0.048%$196K$936K30xas long as short
BloFin TRX-USDT+0.0163%8h0.3445−0.040%$4.6M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3445−0.037%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0560%1h0.3449+0.070%$833K$417K25xas long as short