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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.79 per $10,000 · paid last 24h −0.029%
Price spread now: Aster against SunX−0.059%7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$560.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 3 days (all we have)+0.344%+$34 · spread now −0.059%, 7d avg +0.120%
Together, before fees+0.264%+ Points / potential airdropAster: Stage 5 · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.179% cheaper against SunX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.120%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRX-USDT0.34430.0100pay 0.0100% / 8h1h 01m$196K$920K30x
ShortAster TRXUSDT0.34410.0021get 0.0021% / 8h1h 01m$955K$659K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
−$16.51
Price spread: −0.059% → +0.120%
−$17.91
Slippage, 4 orders
−$39.66
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$90.08
Costs to cover
0.557%
Break-even
never at this rate
Slippage from SunX: live order book, 71 min ago; Aster: live order book, 16 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 SunX live order book, 71 min ago6.51 bp19.1 bp −$1926.5 bp −$265doesn't fitdoesn't fit
Sell Aster live order book, 16 min ago0.14 bp6.2 bp −$6doesn't fitdoesn'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%1h0.3440−0.077%$520xas long as short
Injective TRX/USDC PERP−0.0120%1h0.3441−0.048%$1K$163K12xas long as short
KuCoin TRXUSDTM−0.0083%8h0.3440−0.080%$8.7M$3.7M75xas long as short
Phoenix TRX−0.0070%1h0.3441−0.051%$5K$13K10xas long as short
Variational Omni TRX−0.0068%8h0.3438−0.134%$562K$38Kas long as short
Bybit TRXUSDT−0.0050%8h0.3440−0.088%$54.6M$8.2M75xas long as short
HTX TRX-USDT−0.0025%8h0.3439−0.116%$826K$722K75xas long as short
Backpack TRX_USDC_PERP−0.0007%1h0.3441−0.062%$58K$4K10xas long as short
dYdX TRX-USD0.0000%1h0.3441−0.058%$181K$10K10xas long as short
OKX TRX-USDT-SWAP+0.0001%8h0.3440−0.068%$15.6M$8.8M50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3442−0.026%$121K150xas long as short
Lighter TRX+0.0008%1h0.3440−0.071%$482K$637K10xas long as short
Extended TRX-USD+0.0016%1h0.3440−0.085%$196K$1.1M25xas long as short
MEXC TRX_USDT+0.0017%8h0.3441−0.059%$18.1M$1.7M200xas long as short
Binance TRXUSDT+0.0018%8h0.3441−0.058%$99.3M$48.2M75xas long as short
Aster TRXUSDTshort+0.0021%8h0.3441−0.059%$955K$659K75x
SoDEX TRX-USD+0.0026%1h0.3441−0.062%$401$5K5xas long as short
Kraken Futures PF_TRXUSD+0.0026%1h0.3442−0.015%$1.9M$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0042%8h0.3440−0.079%$9K$38520xas long as short
BloFin TRX-USDT+0.0068%8h0.3441−0.059%$4.6M$4.0M50xas long as short
Phemex TRXUSDT+0.0077%8h0.3441−0.059%$3.8M$1.6M50xas long as short
Gate TRX_USDT+0.0083%8h0.3441−0.062%$9.6M$2.5M75xas long as short
Aevo TRX-PERP+0.0088%1h0.3439−0.114%$33K3xas long as short
Orderly PERP_TRX_USDC+0.0090%8h0.3440−0.074%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3442−0.007%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3441−0.056%$9.5M$2.1M75xas long as short
BingX TRX-USDC+0.0100%8h0.3440−0.077%$6.5Mas long as short
edgeX TRXUSDC+0.0100%4h0.3439−0.095%$587K$431K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3440−0.065%$115K$552K50xas long as short
SunX TRX-USDTlong+0.0100%8h0.3443long leg$196K$920K30x
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3441−0.046%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0514%1h0.3445+0.054%$832K$411K25xas long as short