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−0.0024%/8h= −2.6% APRnext payment $0.24 per $10,000 · paid last 24h −0.004%
Price spread now: Paradex against SunX−0.026%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.026% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRX-USDT0.34450.0100pay 0.0100% / 8h4m 57s$196K$933K30x
ShortParadex TRX-USD-PERP0.34440.0076get 0.0076% / 8h4m 57s$9K$38520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$5.07
Price spread: −0.026% → 0.000%
−$2.63
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$19.7
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 57 min ago; 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 SunX live order book, 57 min ago7.89 bp14.0 bp −$1422.0 bp −$220doesn't fitdoesn't fit
Sell Paradex no order-book sample
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
Injective TRX/USDC PERP−0.0146%1h0.3441−0.117%$1K$163K12xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3444−0.036%$520xas long as short
KuCoin TRXUSDTM−0.0093%8h0.3444−0.015%$8.7M$3.6M75xas long as short
Phoenix TRX−0.0070%1h0.3444−0.015%$5K$13K10xas long as short
Backpack TRX_USDC_PERP−0.0063%1h0.3444−0.027%$58K$4K10xas long as short
Variational Omni TRX−0.0018%8h0.3443−0.058%$563K$36Kas long as short
HTX TRX-USDT−0.0017%8h0.3444−0.029%$827K$732K75xas long as short
Bybit TRXUSDT−0.0007%8h0.3445−0.001%$54.7M$8.0M75xas long as short
dYdX TRX-USD0.0000%1h0.3444−0.018%$181K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3446+0.015%$121K150xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRX-USDT-SWAP+0.0033%8h0.3445−0.012%$15.6M$8.8M50xas long as short
MEXC TRX_USDT+0.0039%8h0.3445−0.001%$18.2M$1.9M200xas long as short
Binance TRXUSDT+0.0040%8h0.34450.000%$99.4M$48.2M75xas long as short
Extended TRX-USD+0.0040%1h0.3444−0.042%$196K$1.1M25xas long as short
Kraken Futures PF_TRXUSD+0.0062%1h0.3446+0.042%$1.9M$1.0M25xas long as short
Paradex TRX-USD-PERPshort+0.0076%8h0.3444−0.026%$9K$38520x
Aster TRXUSDT+0.0082%8h0.3445+0.003%$956K$660K75xas long as short
Gate TRX_USDT+0.0083%8h0.3445−0.001%$9.6M$2.5M75xas long as short
Phemex TRXUSDT+0.0087%8h0.3444−0.015%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0088%1h0.3443−0.057%$33K3xas long as short
Lighter TRX+0.0088%1h0.3444−0.018%$482K$630K10xas long as short
SoDEX TRX-USD+0.0089%1h0.3445−0.009%$402$5K5xas long as short
Orderly PERP_TRX_USDC+0.0091%8h0.3444−0.035%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3447+0.043%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3444−0.018%$9.5M$2.2M75xas long as short
BingX TRX-USDT+0.0100%8h0.3444−0.018%$40.0Mas long as short
edgeX TRXUSDC+0.0100%4h0.3443−0.052%$588K$443K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3445−0.001%$115K$569K50xas long as short
SunX TRX-USDTlong+0.0100%8h0.3445long leg$196K$933K30x
BloFin TRX-USDT+0.0160%8h0.3445−0.009%$4.6M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3445−0.006%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0464%1h0.3448+0.092%$833K$417K25xas long as short