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 +0.029%
Price spread now: SunX against gTrade (Gains Network)+0.028%7-day average −0.120% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$299as in the Price arb table
costs, in and out, $10k−$3133.134% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.075%+$8 on $10k
Price spread, last 3 days (all we have)−0.252%−$25 · spread now +0.028%, 7d avg −0.120%
Together, before fees−0.177%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.148% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.120%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TRX/USD0.3444L +0.0003% / S −0.0007%pay 0.0000% / 1h50m 41s$121K150x
ShortSunX TRX-USDT0.34450.0100get 0.0100% / 8h50m 41s$196K$918K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$20.36
Price spread: +0.028% → −0.120%
$14.82
Slippage, 4 orders
−$295.37
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$278.19
Costs to cover
3.134%
Break-even
102.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 28 min ago; SunX: live order book, 12 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), 28 min ago130.02 bp135.0 bp −$135224.8 bp −$2,2482109.1 bp −$210.9K10777.2 bp −$5.39M
Sell SunX live order book, 12 min ago7.89 bp29.3 bp −$2939.7 bp −$397doesn'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%1h0.3441−0.080%$1K$163K12xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3442−0.042%$520xas long as short
Backpack TRX_USDC_PERP−0.0125%1h0.3443−0.033%$58K$4K10xas long as short
KuCoin TRXUSDTM−0.0088%8h0.3442−0.048%$8.7M$3.7M75xas long as short
Phoenix TRX−0.0070%1h0.3444−0.001%$5K$13K10xas long as short
Variational Omni TRX−0.0060%8h0.3440−0.108%$563K$38Kas long as short
Bybit TRXUSDT−0.0036%8h0.3443−0.030%$54.6M$8.0M75xas long as short
HTX TRX-USDT−0.0028%8h0.3442−0.055%$826K$724K75xas long as short
dYdX TRX-USD0.0000%1h0.3442−0.037%$181K$10K10xas long as short
gTrade (Gains Network) TRX/USDlongL +0.0003% / S −0.0007%1h0.3444long leg$121K150x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRX-USDT-SWAP+0.0005%8h0.3443−0.025%$15.6M$8.7M50xas long as short
MEXC TRX_USDT+0.0022%8h0.3443−0.025%$18.1M$1.7M200xas long as short
Binance TRXUSDT+0.0023%8h0.3443−0.022%$99.3M$47.9M75xas long as short
Extended TRX-USD+0.0024%1h0.3442−0.048%$196K$1.1M25xas long as short
Aster TRXUSDT+0.0034%8h0.3443−0.033%$955K$659K75xas long as short
Paradex TRX-USD-PERP+0.0054%8h0.3442−0.050%$9K$38520xas long as short
Lighter TRX+0.0056%1h0.3442−0.042%$482K$630K10xas long as short
Kraken Futures PF_TRXUSD+0.0062%1h0.3444+0.015%$1.9M$1.0M25xas long as short
Phemex TRXUSDT+0.0077%8h0.3443−0.028%$3.8M$1.6M50xas long as short
Gate TRX_USDT+0.0087%8h0.3443−0.028%$9.6M$2.5M75xas long as short
Aevo TRX-PERP+0.0088%1h0.3441−0.084%$33K3xas long as short
Orderly PERP_TRX_USDC+0.0090%8h0.3443−0.036%$14K$107K20xas long as short
BloFin TRX-USDT+0.0090%8h0.3443−0.030%$4.6M$4.0M50xas long as short
Hyperliquid TRX+0.0100%1h0.3444+0.007%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3443−0.025%$9.5M$2.1M75xas long as short
BingX TRX-USDT+0.0100%8h0.3443−0.030%$40.0Mas long as short
edgeX TRXUSDC+0.0100%4h0.3442−0.056%$587K$430K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3442−0.062%$115K$557K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3445+0.028%$196K$918K30x
SoDEX TRX-USD+0.0100%1h0.3443−0.028%$401$5K5xas long as short
GMX TRX/USD [ETH-USDC]L +0.0365% / S −0.0395%1h0.3443−0.017%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0444%1h0.3446+0.074%$829K$414K25xas long as short