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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: SoDEX against Bybit−0.006%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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TRXUSDT0.34820.0100pay 0.0100% / 8h7h 40m$53.5M$12.8M75x
ShortSoDEX TRX-USD0.34820.0100get 0.0013% / 1h40m 44s$409$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Bybit. 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: −0.006% → 0.000%
−$0.57
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$19.57
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; SoDEX: 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 Bybit live order book, 3 min ago1.44 bp6.9 bp −$79.6 bp −$9639.7 bp −$3,968doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
HTX TRX-USDT−0.0237%8h0.3479−0.080%$834K$959K75xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3481−0.026%$520xas long as short
Phoenix TRX−0.0046%1h0.3483+0.020%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3483+0.040%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3483+0.022%$126K150xas long as short
Kraken Futures PF_TRXUSD+0.0020%1h0.3483+0.016%$2.4M$1.9M25xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.177%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0035%1h0.3481−0.020%$62K$5K10xas long as short
BingX TRX-USDT+0.0070%8h0.3482+0.006%$32.6Mas long as short
Paradex TRX-USD-PERP+0.0093%8h0.3481−0.015%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX+0.0096%1h0.3482−0.006%$487K$671K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3482−0.006%$14K$63K20xas long as short
Hyperliquid TRX+0.0100%1h0.3486+0.112%$13.4M$2.8M10xas long as short
Aster TRXUSDT+0.0100%8h0.3479−0.092%$967K$753K75xas long as short
Binance TRXUSDT+0.0100%8h0.3482−0.005%$107.0M$65.2M75xas long as short
Bybit TRXUSDTlong+0.0100%8h0.3482long leg$53.5M$12.8M75x
OKX TRX-USDT-SWAP+0.0100%8h0.3482−0.006%$15.6M$11.0M50xas long as short
Gate TRX_USDT+0.0100%8h0.3481−0.026%$9.6M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3482−0.006%$19.0M$2.3M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3482−0.003%$8.5M$3.3M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3481−0.040%$9.7M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3481−0.031%$577K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3482−0.004%$594K$503K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3484+0.049%$116K$611K50xas long as short
SunX TRX-USDT+0.0100%8h0.3480−0.057%$198K$1.4M30xas long as short
SoDEX TRX-USDshort+0.0100%1h0.3482−0.006%$409$5K5x
Phemex TRXUSDT+0.0100%8h0.3482+0.003%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3481−0.036%$205K$1.2M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3480−0.057%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3482+0.003%$4.8M$4.1M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3482+0.011%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0683%1h0.3486+0.118%$842K$721K25xas long as short