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−0.0123%/8h= −13.4% APRnext payment $1.23 per $10,000 · paid last 24h −0.028%
Price spread now: Aster against Bitget+0.023%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$280.285% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.023%, 7d avg +0.034%
Together, before fees+0.096%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.102%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRXUSDT0.34380.0068pay 0.0068% / 8h2h 32m$9.4M$2.1M75x
ShortAster TRXUSDT0.3438−0.0055pay 0.0055% / 8h2h 32m$951K$638K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$25.75
Price spread: +0.023% → +0.034%
−$1.05
Slippage, 4 orders
−$8.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$55.26
Costs to cover
0.285%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 55 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 Bitget live order book, 1 min ago0.29 bp8.9 bp −$914.2 bp −$14237.3 bp −$3,725doesn't fit
Sell Aster live order book, 55 min ago0.58 bp4.6 bp −$5doesn'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%1h0.3437−0.016%$520xas long as short
Bybit TRXUSDT−0.0089%8h0.3437−0.017%$54.7M$8.2M75xas long as short
Variational Omni TRX−0.0086%8h0.3436−0.035%$562K$39Kas long as short
Phoenix TRX−0.0070%1h0.3439+0.044%$5K$13K10xas long as short
Aster TRXUSDTshort−0.0055%8h0.3438+0.023%$951K$638K75x
Injective TRX/USDC PERP−0.0048%1h0.3439+0.041%$1K$100K12xas long as short
Backpack TRX_USDC_PERP−0.0041%1h0.3438+0.003%$58K$5K10xas long as short
HTX TRX-USDT−0.0032%8h0.3436−0.033%$825K$708K75xas long as short
Lighter TRX−0.0008%1h0.3437−0.009%$483K$628K10xas long as short
SoDEX TRX-USD−0.0007%1h0.34380.000%$404$5K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRXUSDT−0.0002%8h0.3438+0.002%$99.2M$49.1M75xas long as short
MEXC TRX_USDT−0.0002%8h0.3438+0.003%$17.2M$1.6M200xas long as short
Extended TRX-USD0.0000%1h0.3437−0.025%$196K$1.1M25xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3439+0.047%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0008%8h0.3437−0.006%$15.6M$8.8M50xas long as short
KuCoin TRXUSDTM+0.0032%8h0.3436−0.041%$8.7M$3.6M75xas long as short
Paradex TRX-USD-PERP+0.0041%8h0.3438+0.004%$9K$38520xas long as short
BingX TRX-USDC+0.0066%8h0.3438+0.003%$6.5Mas long as short
Bitget TRXUSDTlong+0.0068%8h0.3438long leg$9.4M$2.1M75x
Phemex TRXUSDT+0.0074%8h0.3438+0.006%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0080%1h0.3436−0.047%$33K3xas long as short
Kraken Futures PF_TRXUSD+0.0087%1h0.3440+0.064%$1.9M$977K25xas long as short
Orderly PERP_TRX_USDC+0.0088%8h0.3438+0.009%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3440+0.064%$13.2M$2.2M10xas long as short
Gate TRX_USDT+0.0100%8h0.3438+0.006%$9.7M$2.5M75xas long as short
edgeX TRXUSDC+0.0100%4h0.3438+0.012%$587K$436K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3440+0.058%$115K$541K50xas long as short
SunX TRX-USDT+0.0100%8h0.3441+0.097%$196K$915K30xas long as short
BloFin TRX-USDT+0.0118%8h0.3439+0.044%$4.6M$4.0M50xas long as short
dYdX TRX-USD+0.0146%1h0.3439+0.031%$181K$10K10xas long as short
Deribit TRX_USDC-PERPETUAL+0.0285%1h0.3442+0.128%$828K$407K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0351% / S −0.0367%1h0.3439+0.042%$19K100xas long as short