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 +0.018%
Price spread now: SunX against OKX+0.006%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$610.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.006%, 7d avg −0.090%
Together, before fees+0.045%+$5 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 0.095% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRX-USDT-SWAP0.34720.0100pay 0.0100% / 8h4h 49m$15.5M$9.6M50x
ShortSunX TRX-USDT0.34720.0100get 0.0100% / 8h4h 49m$197K$1.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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: +0.006% → −0.090%
$9.53
Slippage, 4 orders
−$42.52
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$50.99
Costs to cover
0.605%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; SunX: 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 OKX live order book, 4 min ago0.14 bp8.3 bp −$815.0 bp −$150doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago15.51 bp19.5 bp −$2026.3 bp −$263doesn'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%1h0.3472+0.007%$520xas long as short
Phoenix TRX−0.0023%1h0.3474+0.075%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3473+0.037%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3473+0.043%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.881%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3472+0.020%$6.5Mas long as short
Backpack TRX_USDC_PERP+0.0081%1h0.3472+0.014%$62K$5K10xas long as short
Lighter TRX+0.0096%1h0.34720.000%$484K$664K10xas long as short
Orderly PERP_TRX_USDC+0.0098%8h0.3472+0.017%$15K$102K20xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3471−0.014%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3474+0.077%$13.1M$2.6M10xas long as short
Aster TRXUSDT+0.0100%8h0.3472+0.003%$962K$694K75xas long as short
Binance TRXUSDT+0.0100%8h0.34720.000%$105.0M$58.3M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3472+0.012%$53.7M$11.6M75xas long as short
OKX TRX-USDT-SWAPlong+0.0100%8h0.3472long leg$15.5M$9.6M50x
Gate TRX_USDT+0.0100%8h0.3472+0.006%$9.6M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3472+0.003%$18.8M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3472+0.017%$8.6M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3472+0.012%$10.3M$3.3M75xas long as short
Variational Omni TRX+0.0100%8h0.3472+0.008%$568K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3473+0.034%$592K$471K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3475+0.095%$116K$566K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3472+0.006%$197K$1.2M30x
SoDEX TRX-USD+0.0100%1h0.3472+0.023%$410$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3471−0.014%$834K$840K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3472+0.023%$3.9M$1.8M50xas long as short
Extended TRX-USD+0.0104%1h0.3471−0.023%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3471−0.024%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3473+0.049%$4.7M$3.9M50xas long as short
Kraken Futures PF_TRXUSD+0.0261%1h0.3473+0.043%$2.4M$1.7M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3473+0.051%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0525%1h0.3476+0.122%$844K$503K25xas long as short