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 −0.004%
Price spread now: Orderly against SunX+0.033%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 7 days+0.002%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.033% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRX-USDT0.34850.0100pay 0.0100% / 8h2h 41m$198K$1.3M30x
ShortOrderly PERP_TRX_USDC0.34870.0100get 0.0100% / 8h2h 41m$14K$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$0.03
Price spread: +0.033% → 0.000%
$3.33
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$10.7
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 2 min ago; Orderly: 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 SunX live order book, 2 min ago14.72 bp26.7 bp −$2734.6 bp −$346doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h0.3486+0.009%$520xas long as short
Phoenix TRX−0.0023%1h0.3487+0.048%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3486+0.027%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3487+0.037%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.275%$1K$163K12xas long as short
HTX TRX-USDT+0.0052%8h0.3484−0.048%$823K$868K75xas long as short
BingX TRX-USDC+0.0070%8h0.3484−0.027%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3486+0.022%$486K$666K10xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3486+0.029%$9K$25120xas long as short
Orderly PERP_TRX_USDCshort+0.0100%8h0.3487+0.033%$14K$60K20x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3488+0.065%$13.2M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3486+0.015%$965K$696K75xas long as short
Binance TRXUSDT+0.0100%8h0.3485−0.019%$106.7M$62.0M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3484−0.030%$54.0M$11.9M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3484−0.041%$15.5M$10.2M50xas long as short
Gate TRX_USDT+0.0100%8h0.3487+0.030%$9.7M$3.0M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486+0.019%$18.9M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3485−0.007%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3485−0.018%$10.5M$3.5M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3486+0.010%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3484−0.044%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3485−0.005%$594K$474K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3485−0.018%$116K$580K50xas long as short
SunX TRX-USDTlong+0.0100%8h0.3485long leg$198K$1.3M30x
SoDEX TRX-USD+0.0100%1h0.3486+0.028%$407$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3486+0.025%$4.0M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3483−0.070%$195K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3485−0.017%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3487+0.050%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3486+0.030%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0415%1h0.3487+0.047%$2.4M$1.7M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0762%1h0.3491+0.158%$901K$633K25xas long as short