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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0478%/8h= +52.4% APRnext payment +$0.60 per $10,000 · paid last 24h +0.099%
Price spread now: GMX against gTrade (Gains Network)−0.009%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TRX/USD0.3481L +0.0003% / S −0.0008%pay 0.0000% / 1h57m 50s$123K150x
ShortGMX TRX/USD [ETH-USDC]0.3481L +0.0404% / S −0.0481%get 0.0060% / 1h57m 50s$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$100.42
Price spread: −0.009% → 0.000%
−$0.92
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$77.5
Costs to cover
0.220%
Break-even
1.6 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 61 min ago; GMX: no order-book sample. Net counts fees only.

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), 61 min ago130.02 bp135.0 bp −$135224.8 bp −$2,2482109.1 bp −$210.9K10777.2 bp −$5.39M
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.3480−0.019%$520xas long as short
Phoenix TRX−0.0023%1h0.3480−0.020%$5K$13K10xas long as short
dYdX TRX-USD0.0000%1h0.3481−0.011%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDlongL +0.0003% / S −0.0008%1h0.3481long leg$123K150x
Injective TRX/USDC PERP+0.0033%1h0.3441−1.149%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3481+0.001%$6.5Mas long as short
Backpack TRX_USDC_PERP+0.0080%1h0.3480−0.031%$62K$5K10xas long as short
Paradex TRX-USD-PERP+0.0095%8h0.3480−0.024%$9K$25120xas long as short
HTX TRX-USDT+0.0095%8h0.3480−0.023%$835K$858K75xas long as short
Lighter TRX+0.0096%1h0.3481−0.005%$485K$669K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TRX_USDC+0.0099%8h0.3480−0.017%$15K$44K20xas long as short
Hyperliquid TRX+0.0100%1h0.3484+0.075%$13.2M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3481+0.014%$965K$695K75xas long as short
Binance TRXUSDT+0.0100%8h0.3482+0.023%$105.7M$59.1M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3481−0.005%$53.7M$11.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3482+0.018%$15.5M$9.9M50xas long as short
Gate TRX_USDT+0.0100%8h0.3481+0.003%$9.7M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3481+0.012%$19.0M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3481+0.009%$8.6M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3482+0.015%$10.5M$3.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3478−0.089%$569K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3479−0.065%$593K$473K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3478−0.091%$116K$567K50xas long as short
SunX TRX-USDT+0.0100%8h0.3479−0.051%$198K$1.2M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3481−0.002%$408$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3481+0.003%$3.9M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3480−0.024%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3479−0.058%$34K3xas long as short
Kraken Futures PF_TRXUSD+0.0144%1h0.3482+0.038%$2.4M$1.7M25xas long as short
BloFin TRX-USDT+0.0220%8h0.3482+0.015%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]shortL +0.0404% / S −0.0481%1h0.3481−0.009%$20K100x
Deribit TRX_USDC-PERPETUAL+0.0497%1h0.3484+0.083%$850K$528K25xas long as short