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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0226%/8h= +24.7% APRpaid last 24h +0.063%
Price spread now: Paradex against Reya+0.017%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 · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TRXRUSDPERP0.3469−0.0133get 0.0017% / 1h43m 46s$520x
ShortParadex TRX-USD-PERP0.34700.0093get 0.0093% / 8h4h 43m$9K$25120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Reya. 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
$47.41
Price spread: +0.017% → 0.000%
$1.66
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
$39.07
Costs to cover
0.100%
Break-even
1.2 days
Slippage unknown: Reya: no order-book sample; Paradex: 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 Reya no order-book sample
Sell Paradex no order-book sample
Reya and 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 TRXRUSDPERPlong−0.0133%1h0.3469long leg$520x
Phoenix TRX−0.0023%1h0.3472+0.070%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3473+0.104%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3471+0.053%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.815%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0047%1h0.3470+0.027%$62K$5K10xas long as short
BingX TRX-USDC+0.0070%8h0.3471+0.036%$6.5Mas long as short
SoDEX TRX-USD+0.0079%1h0.3470+0.024%$408$5K5xas long as short
Paradex TRX-USD-PERPshort+0.0093%8h0.3470+0.017%$9K$25120x
Lighter TRX+0.0096%1h0.3470+0.027%$484K$669K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TRX_USDC+0.0098%8h0.3470+0.027%$14K$100K20xas long as short
Hyperliquid TRX+0.0100%1h0.3473+0.111%$13.1M$2.6M10xas long as short
Aster TRXUSDT+0.0100%8h0.3470+0.022%$962K$695K75xas long as short
Binance TRXUSDT+0.0100%8h0.3470+0.035%$105.0M$58.4M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3470+0.016%$53.6M$11.6M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3470+0.010%$15.5M$9.7M50xas long as short
Gate TRX_USDT+0.0100%8h0.3470+0.021%$9.6M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3470+0.027%$18.8M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3471+0.062%$8.6M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3471+0.047%$10.3M$3.3M75xas long as short
Variational Omni TRX+0.0100%8h0.3469−0.012%$568K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3470+0.018%$592K$473K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3472+0.079%$115K$565K50xas long as short
SunX TRX-USDT+0.0100%8h0.3470+0.009%$197K$1.2M30xas long as short
HTX TRX-USDT+0.0100%8h0.3469−0.016%$833K$841K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3470+0.024%$3.9M$1.8M50xas long as short
Extended TRX-USD+0.0104%1h0.3469−0.009%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3468−0.025%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3470+0.030%$4.7M$3.9M50xas long as short
Kraken Futures PF_TRXUSD+0.0262%1h0.3471+0.045%$2.4M$1.7M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3471+0.062%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0508%1h0.3474+0.133%$843K$503K25xas long as short