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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0167%/8h= −18.2% APRnext payment $0.21 per $10,000 · paid last 24h −0.040%
Price spread now: Reya against Injective+0.514%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Reya is 0.514% dearer against Injective than usual: you sell high and buy low (spread +0.514% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TRX/USDC PERP0.34410.0033pay 0.0004% / 1h13m 11s$1K$163K12x
ShortReya TRXRUSDPERP0.3459−0.0133pay 0.0017% / 1h13m 11s$520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Injective. 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
−$34.98
Price spread: +0.514% → 0.000%
$51.43
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Reya: 3 bp × 2 orders
−$6
Net
$10.43
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Reya: 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 Injective no order-book sample
Sell Reya no order-book sample
Injective and Reya: 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 TRXRUSDPERPshort−0.0133%1h0.3459+0.514%$520x
KuCoin TRXUSDTM−0.0084%8h0.3459+0.523%$8.7M$3.5M75xas long as short
Phoenix TRX−0.0046%1h0.3457+0.462%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3458+0.506%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3460+0.555%$122K150xas long as short
Injective TRX/USDC PERPlong+0.0033%1h0.3441long leg$1K$163K12x
Backpack TRX_USDC_PERP+0.0039%1h0.3458+0.491%$59K$4K10xas long as short
Variational Omni TRX+0.0057%8h0.3455+0.406%$564K$37Kas long as short
MEXC TRX_USDT+0.0084%8h0.3459+0.520%$18.5M$1.9M200xas long as short
Binance TRXUSDT+0.0085%8h0.3459+0.523%$101.1M$48.3M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TRX-USDT+0.0088%8h0.3458+0.485%$831K$769K75xas long as short
Extended TRX-USD+0.0088%1h0.3459+0.511%$194K$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0092%8h0.3458+0.503%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0092%8h0.3459+0.511%$15K$107K20xas long as short
OKX TRX-USDT-SWAP+0.0095%8h0.3460+0.558%$15.5M$8.5M50xas long as short
Lighter TRX+0.0096%1h0.3458+0.509%$484K$630K10xas long as short
Hyperliquid TRX+0.0100%1h0.3461+0.581%$13.2M$2.3M10xas long as short
Aster TRXUSDT+0.0100%8h0.3459+0.527%$957K$666K75xas long as short
Bybit TRXUSDT+0.0100%8h0.3459+0.523%$55.1M$8.3M75xas long as short
Gate TRX_USDT+0.0100%8h0.3461+0.567%$9.7M$2.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3460+0.564%$9.7M$2.6M75xas long as short
BingX TRX-USDC+0.0100%8h0.3459+0.529%$6.5Mas long as short
edgeX TRXUSDC+0.0100%4h0.3457+0.460%$590K$443K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3458+0.485%$115K$566K50xas long as short
SunX TRX-USDT+0.0100%8h0.3456+0.427%$196K$959K30xas long as short
SoDEX TRX-USD+0.0100%1h0.3459+0.526%$406$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3459+0.532%$3.9M$1.6M50xas long as short
Aevo TRX-PERP+0.0104%1h0.3457+0.464%$34K3xas long as short
Kraken Futures PF_TRXUSD+0.0172%1h0.3461+0.572%$2.3M$1.5M25xas long as short
BloFin TRX-USDT+0.0205%8h0.3459+0.520%$4.7M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0367% / S −0.0395%1h0.3459+0.520%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0519%1h0.3463+0.629%$847K$421K25xas long as short