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−0.0143%/8h= −15.6% APRnext payment $1.43 per $10,000 · paid last 24h +0.009%
Price spread now: Aster against Gate+0.003%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$360.365% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 7 days+0.002%$0 · spread now +0.003%, 7d avg +0.015%
Together, before fees+0.054%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRX_USDT0.34410.0100pay 0.0100% / 8h2h 18m$9.7M$2.5M75x
ShortAster TRXUSDT0.3441−0.0043pay 0.0043% / 8h2h 18m$951K$638K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
−$29.94
Price spread: +0.003% → +0.015%
−$1.27
Slippage, 4 orders
−$13.49
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$67.69
Costs to cover
0.365%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Aster: live order book, 4 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 Gate live order book, 5 min ago1.02 bp12.6 bp −$1325.2 bp −$25232.5 bp −$3,24759.0 bp −$29.5K
Sell Aster live order book, 4 min ago0.73 bp5.0 bp −$5doesn'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%1h0.3441+0.005%$520xas long as short
Bybit TRXUSDT−0.0091%8h0.3440−0.015%$54.7M$8.2M75xas long as short
Variational Omni TRX−0.0089%8h0.3439−0.035%$562K$39Kas long as short
Phoenix TRX−0.0070%1h0.3442+0.041%$5K$13K10xas long as short
Backpack TRX_USDC_PERP−0.0061%1h0.3441+0.009%$58K$5K10xas long as short
Injective TRX/USDC PERP−0.0048%1h0.3440−0.015%$1K$129K12xas long as short
Aster TRXUSDTshort−0.0043%8h0.3441+0.003%$951K$638K75x
HTX TRX-USDT−0.0027%8h0.3440−0.022%$826K$710K75xas long as short
Binance TRXUSDT−0.0001%8h0.3441+0.016%$99.3M$49.0M75xas long as short
Lighter TRX0.0000%1h0.3441+0.012%$482K$639K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended TRX-USD0.0000%1h0.3440−0.002%$196K$1.1M25xas long as short
MEXC TRX_USDT0.0000%8h0.3441+0.015%$17.9M$1.7M200xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3443+0.062%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0006%8h0.3441+0.006%$15.6M$8.8M50xas long as short
KuCoin TRXUSDTM+0.0013%8h0.3440−0.003%$8.7M$3.6M75xas long as short
SoDEX TRX-USD+0.0029%1h0.3441+0.012%$401$5K5xas long as short
Paradex TRX-USD-PERP+0.0052%8h0.3441+0.008%$9K$38520xas long as short
BingX TRX-USDC+0.0071%8h0.3440−0.009%$6.5Mas long as short
Phemex TRXUSDT+0.0072%8h0.3441+0.012%$3.8M$1.6M50xas long as short
Bitget TRXUSDT+0.0074%8h0.3441+0.020%$9.4M$2.1M75xas long as short
Aevo TRX-PERP+0.0080%1h0.3439−0.036%$33K3xas long as short
Kraken Futures PF_TRXUSD+0.0087%1h0.3443+0.064%$1.9M$977K25xas long as short
Orderly PERP_TRX_USDC+0.0089%8h0.3441+0.009%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3443+0.076%$13.2M$2.2M10xas long as short
Gate TRX_USDTlong+0.0100%8h0.3441long leg$9.7M$2.5M75x
edgeX TRXUSDC+0.0100%4h0.3441+0.008%$587K$438K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3441+0.003%$115K$541K50xas long as short
SunX TRX-USDT+0.0100%8h0.3444+0.095%$196K$918K30xas long as short
BloFin TRX-USDT+0.0119%8h0.3441+0.017%$4.6M$4.0M50xas long as short
dYdX TRX-USD+0.0138%1h0.3443+0.063%$181K$10K10xas long as short
Deribit TRX_USDC-PERPETUAL+0.0302%1h0.3445+0.133%$829K$407K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3442+0.043%$20K100xas long as short