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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.032%
Price spread now: KuCoin against Paradex+0.066%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.066% dearer against Paradex than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex TRX-USD-PERP0.34790.0099pay 0.0099% / 8h5h 33m$9K$25120x
ShortKuCoin TRXUSDTM0.34820.0100get 0.0100% / 8h5h 33m$8.7M$3.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Paradex. 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
$0.17
Price spread: +0.066% → 0.000%
$6.63
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$9.2
Costs to cover
0.160%
Break-even
387.1 days
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 5 min ago. 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 Paradex no order-book sample
Sell KuCoin live order book, 5 min ago0.57 bp13.1 bp −$1347.3 bp −$473doesn't fitdoesn't fit
Paradex: 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 TRXRUSDPERP−0.0133%1h0.3479+0.003%$520xas long as short
Phoenix TRX−0.0023%1h0.3480+0.020%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3479+0.003%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3480+0.018%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.098%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3481+0.063%$32.8Mas long as short
Lighter TRX+0.0096%1h0.3481+0.046%$485K$662K10xas long as short
Orderly PERP_TRX_USDC+0.0097%8h0.34790.000%$14K$122K20xas long as short
Paradex TRX-USD-PERPlong+0.0099%8h0.3479long leg$9K$25120x
Hyperliquid TRX+0.0100%1h0.3483+0.101%$13.1M$2.5M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDT+0.0100%8h0.3479+0.006%$963K$690K75xas long as short
Binance TRXUSDT+0.0100%8h0.3481+0.061%$105.3M$56.2M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3481+0.052%$53.9M$11.3M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3482+0.069%$15.6M$9.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3479+0.009%$9.7M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3481+0.058%$18.7M$2.1M200xas long as short
KuCoin TRXUSDTMshort+0.0100%8h0.3482+0.066%$8.7M$3.5M75x
Bitget TRXUSDT+0.0100%8h0.3482+0.084%$10.4M$3.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3481+0.040%$59K$4K10xas long as short
Variational Omni TRX+0.0100%8h0.3479−0.011%$568K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3479−0.003%$593K$467K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3480+0.012%$116K$563K50xas long as short
SunX TRX-USDT+0.0100%8h0.3476−0.083%$197K$1.2M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3480+0.023%$409$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3480+0.010%$840K$823K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3481+0.046%$3.9M$1.8M50xas long as short
Extended TRX-USD+0.0104%1h0.3479−0.008%$198K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3478−0.026%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3480+0.026%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3480+0.016%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0585%1h0.3481+0.053%$2.4M$1.7M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0770%1h0.3484+0.131%$841K$498K25xas long as short