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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: SunX against MEXC−0.045%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.213%+$21 on $10k
Price spread, last 4 days (all we have)−0.176%−$18 · spread now −0.045%, 7d avg −0.096%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.052% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRX_USDT0.34810.0100pay 0.0100% / 8h42m 12s$19.2M$2.3M200x
ShortSunX TRX-USDT0.34800.0100get 0.0100% / 8h42m 12s$198K$1.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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
$0
Price spread: −0.045% → −0.096%
$5.16
Slippage, 4 orders
−$39.41
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$46.26
Costs to cover
0.514%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; SunX: live order book, 2 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 MEXC live order book, 1 min ago0.14 bp2.1 bp −$22.1 bp −$2118.8 bp −$1,87937.5 bp −$18.7K
Sell SunX live order book, 2 min ago15.34 bp19.3 bp −$1934.4 bp −$344doesn'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%1h0.3480−0.036%$520xas long as short
HTX TRX-USDT−0.0074%8h0.3479−0.052%$834K$950K75xas long as short
Phoenix TRX−0.0023%1h0.3484+0.086%$5K$13K10xas long as short
dYdX TRX-USD0.0000%1h0.3482+0.032%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3482+0.009%$123K150xas long as short
Backpack TRX_USDC_PERP+0.0008%1h0.3481−0.020%$62K$5K10xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.158%$1K$163K12xas long as short
SoDEX TRX-USD+0.0033%1h0.3481−0.014%$409$5K5xas long as short
BingX TRX-USDT+0.0070%8h0.3481−0.017%$32.6Mas long as short
Paradex TRX-USD-PERP+0.0089%8h0.3480−0.026%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX+0.0096%1h0.3481−0.009%$487K$671K10xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3481−0.009%$14K$61K20xas long as short
Hyperliquid TRX+0.0100%1h0.3485+0.095%$13.3M$2.8M10xas long as short
Aster TRXUSDT+0.0100%8h0.3480−0.037%$971K$712K75xas long as short
Binance TRXUSDT+0.0100%8h0.34810.000%$106.8M$63.4M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3481−0.009%$53.5M$12.6M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3481−0.023%$15.6M$10.7M50xas long as short
Gate TRX_USDT+0.0100%8h0.3481+0.003%$9.6M$3.3M75xas long as short
MEXC TRX_USDTlong+0.0100%8h0.3481long leg$19.2M$2.3M200x
KuCoin TRXUSDTM+0.0100%8h0.3481+0.003%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3481−0.011%$9.8M$4.3M75xas long as short
Variational Omni TRX+0.0100%8h0.3481−0.014%$569K$33Kas long as short
edgeX TRXUSDC+0.0100%4h0.3482+0.022%$594K$463K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3483+0.043%$116K$596K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3480−0.045%$198K$1.3M30x
Phemex TRXUSDT+0.0100%8h0.34810.000%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3480−0.045%$207K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3478−0.086%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3482+0.020%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0296%1h0.3482+0.020%$2.4M$1.8M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0385%1h0.3484+0.081%$879K$740K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3482+0.026%$20K100xas long as short