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 −0.070%
Price spread now: HTX against SunX+0.069%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1321.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.506%−$51 on $10k
Price spread, last 3 days (all we have)+0.073%+$7 · spread now +0.069%, 7d avg +0.056%
Together, before fees−0.433%−$43 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRX-USDT0.34610.0100pay 0.0100% / 8h6h 50m$197K$996K30x
ShortHTX TRX-USDT0.34640.0100get 0.0100% / 8h6h 50m$833K$790K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
Price spread: +0.069% → +0.056%
$1.27
Slippage, 4 orders
−$111.91
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$130.65
Costs to cover
1.319%
Break-even
never at this rate
Slippage from SunX: live order book, 62 min ago; HTX: live order book, 18 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, 62 min ago15.48 bp57.8 bp −$5872.1 bp −$721doesn't fitdoesn't fit
Sell HTX live order book, 18 min ago4.41 bp10.5 bp −$1015.6 bp −$156doesn'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%1h0.3465+0.096%$520xas long as short
KuCoin TRXUSDTM−0.0049%8h0.3465+0.108%$8.7M$3.5M75xas long as short
Phoenix TRX−0.0046%1h0.3463+0.036%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3466+0.147%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3465+0.106%$122K150xas long as short
Backpack TRX_USDC_PERP+0.0016%1h0.3464+0.071%$59K$4K10xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.588%$1K$163K12xas long as short
Orderly PERP_TRX_USDC+0.0093%8h0.3463+0.045%$15K$107K20xas long as short
Paradex TRX-USD-PERP+0.0095%8h0.3465+0.095%$9K$25120xas long as short
Lighter TRX+0.0096%1h0.3464+0.082%$485K$618K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3467+0.149%$13.2M$2.3M10xas long as short
Aster TRXUSDT+0.0100%8h0.3464+0.087%$957K$668K75xas long as short
Binance TRXUSDT+0.0100%8h0.3465+0.103%$101.9M$49.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3466+0.123%$55.1M$8.9M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3465+0.108%$15.5M$8.6M50xas long as short
Gate TRX_USDT+0.0100%8h0.3465+0.111%$9.7M$2.5M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3465+0.105%$18.6M$1.9M200xas long as short
Bitget TRXUSDT+0.0100%8h0.3466+0.120%$10.4M$3.1M75xas long as short
BingX TRX-USDC+0.0100%8h0.3465+0.105%$6.5Mas long as short
Variational Omni TRX+0.0100%8h0.3465+0.104%$565K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3463+0.056%$591K$443K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3463+0.053%$115K$568K50xas long as short
SunX TRX-USDTlong+0.0100%8h0.3461long leg$197K$996K30x
SoDEX TRX-USD+0.0100%1h0.3465+0.105%$403$5K5xas long as short
HTX TRX-USDTshort+0.0100%8h0.3464+0.069%$833K$790K75x
Phemex TRXUSDT+0.0100%8h0.3465+0.097%$3.9M$1.6M50xas long as short
Extended TRX-USD+0.0104%1h0.3464+0.089%$197K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3463+0.055%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3465+0.111%$4.6M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0402% / S −0.0481%1h0.3465+0.098%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0525%1h0.3466+0.123%$2.3M$1.6M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0607%1h0.3468+0.198%$786K$424K25xas long as short