Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%
Price spread now: SunX against Bybit−0.051%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1281.276% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 3 days (all we have)−0.136%−$14 · spread now −0.051%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.023% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRXUSDT | 0.3455 | 0.0100 | pay 0.0100% / 8h | 7h 27m | $54.9M | $8.0M | 75x |
| Short | SunX TRX-USDT | 0.3453 | 0.0100 | get 0.0100% / 8h | 7h 27m | $196K | $949K | 30x |
Bybit TRXUSDT
SunX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.051% → −0.074%
- $2.31
- Slippage, 4 orders
- −$108.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$125.26
- Costs to cover
- 1.276%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; SunX: live order book, 25 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 1.45 bp | 9.6 bp −$10 | 9.8 bp −$98 | 35.8 bp −$3,583 | doesn't fit |
| Sell SunX live order book, 25 min ago | 15.48 bp | 53.2 bp −$53 | 72.5 bp −$725 | doesn't fit | doesn't fit |
TRX on 32 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3455 | −0.011% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0090% | 8h | 0.3454 | −0.020% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3454 | −0.029% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | +0.040% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3456 | +0.035% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.405% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0034% | 8h | 0.3454 | −0.030% | $565K | $36K | — | as long as short |
| Backpack TRX_USDC_PERP | +0.0050% | 1h | 0.3454 | −0.014% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | +0.0066% | 8h | 0.3454 | −0.027% | $830K | $753K | 75x | as long as short |
| MEXC TRX_USDT | +0.0068% | 8h | 0.3455 | −0.006% | $18.4M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Variational Omni TRX
Backpack TRX_USDC_PERP
HTX TRX-USDT
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0070% | 8h | 0.3455 | −0.009% | $100.5M | $47.9M | 75x | as long as short |
| Extended TRX-USD | +0.0072% | 1h | 0.3454 | −0.035% | $194K | $1.3M | 25x | as long as short |
| OKX TRX-USDT-SWAP | +0.0074% | 8h | 0.3455 | +0.012% | $15.5M | $8.4M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0089% | 8h | 0.3454 | −0.016% | $9K | $330 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3455 | −0.003% | $15K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3454 | −0.014% | $483K | $630K | 10x | as long as short |
| Aevo TRX-PERP | +0.0096% | 1h | 0.3453 | −0.049% | $33K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3457 | +0.043% | $13.2M | $2.2M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3456 | +0.024% | $957K | $662K | 75x | as long as short |
| Bybit TRXUSDTlong | +0.0100% | 8h | 0.3455 | long leg | $54.9M | $8.0M | 75x | |
| Gate TRX_USDT | +0.0100% | 8h | 0.3455 | +0.012% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3454 | −0.017% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3456 | +0.014% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3453 | −0.051% | $590K | $439K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3451 | −0.104% | $115K | $570K | 50x | as long as short |
| SunX TRX-USDTshort | +0.0100% | 8h | 0.3453 | −0.051% | $196K | $949K | 30x | |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3456 | +0.014% | $402 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3455 | +0.009% | $3.9M | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3457 | +0.056% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0187% | 8h | 0.3454 | −0.029% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3455 | −0.001% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0546% | 1h | 0.3459 | +0.114% | $835K | $407K | 25x | as long as short |
Binance TRXUSDT
Extended TRX-USD
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Lighter TRX
Aevo TRX-PERP
Hyperliquid TRX
Aster TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SoDEX TRX-USD
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL