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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.032%
Price spread now: Extended against SunX+0.087%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.269%−$27 on $10k
Price spread, last 3 days (all we have)+0.089%+$9 · spread now +0.087%, 7d avg +0.054%
Together, before fees−0.179%+ Points / potential airdropExtended: Active · farm board−$18 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: Extended is 0.033% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRX-USDT0.34590.0100pay 0.0100% / 8h6h 54m$197K$983K30x
ShortExtended TRX-USD0.34620.0104get 0.0013% / 1h54m 16s$196K$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.087% → +0.054%
$3.35
Slippage, 4 orders
−$105.04
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$113.85
Costs to cover
1.180%
Break-even
955.8 days
Slippage from SunX: live order book, 58 min ago; Extended: 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 SunX live order book, 58 min ago15.48 bp57.8 bp −$5872.1 bp −$721doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago0.14 bp3.5 bp −$411.6 bp −$116doesn'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%1h0.3462+0.083%$520xas long as short
KuCoin TRXUSDTM−0.0054%8h0.3462+0.101%$8.7M$3.5M75xas long as short
Phoenix TRX−0.0046%1h0.3463+0.112%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3462+0.098%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3463+0.110%$122K150xas long as short
Backpack TRX_USDC_PERP+0.0008%1h0.3461+0.049%$59K$4K10xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.518%$1K$163K12xas long as short
Variational Omni TRX+0.0090%8h0.3461+0.059%$565K$37Kas long as short
Orderly PERP_TRX_USDC+0.0093%8h0.3462+0.092%$15K$107K20xas long as short
Paradex TRX-USD-PERP+0.0095%8h0.3462+0.094%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX+0.0096%1h0.3462+0.095%$485K$618K10xas long as short
MEXC TRX_USDT+0.0099%8h0.3462+0.095%$18.6M$1.9M200xas long as short
Hyperliquid TRX+0.0100%1h0.3464+0.139%$13.2M$2.3M10xas long as short
Aster TRXUSDT+0.0100%8h0.3462+0.083%$956K$668K75xas long as short
Binance TRXUSDT+0.0100%8h0.3462+0.092%$101.6M$49.1M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3463+0.110%$55.1M$8.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3463+0.110%$15.5M$8.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3462+0.081%$9.7M$2.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3464+0.147%$10.4M$3.1M75xas long as short
BingX TRX-USDT+0.0100%8h0.3462+0.095%$32.9Mas long as short
edgeX TRXUSDC+0.0100%4h0.3461+0.054%$590K$440K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3463+0.118%$115K$568K50xas long as short
SunX TRX-USDTlong+0.0100%8h0.3459long leg$197K$983K30x
SoDEX TRX-USD+0.0100%1h0.3462+0.101%$404$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3460+0.039%$831K$781K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3462+0.084%$3.9M$1.6M50xas long as short
Extended TRX-USDshort+0.0104%1h0.3462+0.087%$196K$1.0M25x
Aevo TRX-PERP+0.0104%1h0.3461+0.047%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3462+0.075%$4.6M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0403% / S −0.0481%1h0.3462+0.099%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0525%1h0.3464+0.144%$2.3M$1.6M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0576%1h0.3466+0.212%$785K$424K25xas long as short