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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h −0.008%
Price spread now: BloFin against dYdX−0.010%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1741.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.235%−$24 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.010%, 7d avg −0.021%
Together, before fees−0.284%−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.235%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRX-USD0.34810get 0.0000% / 1h16m 49s$182K$12K10x
ShortBloFin TRX-USDT0.34810.0220get 0.0220% / 8h16m 49s$4.8M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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
$46.2
Price spread: −0.010% → −0.021%
$1.12
Slippage, 4 orders
−$152.24
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$126.92
Costs to cover
1.742%
Break-even
26.2 days
Slippage from dYdX: live order book, 22 min ago; BloFin: live order book, 7 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 dYdX live order book, 22 min ago66.39 bp85.9 bp −$8686.6 bp −$86694.1 bp −$9,411348.2 bp −$174.1K
Sell BloFin live order book, 7 min ago0.14 bp10.0 bp −$1010.4 bp −$10411.9 bp −$1,186doesn'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%1h0.3480−0.033%$520xas long as short
HTX TRX-USDT−0.0083%8h0.3479−0.060%$834K$958K75xas long as short
Phoenix TRX−0.0023%1h0.3479−0.073%$5K$13K10xas long as short
dYdX TRX-USDlong0.0000%1h0.3481long leg$182K$12K10x
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3482+0.024%$126K150xas long as short
Backpack TRX_USDC_PERP+0.0018%1h0.3481−0.004%$62K$5K10xas long as short
SoDEX TRX-USD+0.0025%1h0.3481−0.004%$406$5K5xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.159%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3481+0.002%$32.6Mas long as short
Paradex TRX-USD-PERP+0.0086%8h0.3481−0.007%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX+0.0096%1h0.3481−0.001%$487K$674K10xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3481−0.018%$14K$63K20xas long as short
Hyperliquid TRX+0.0100%1h0.3485+0.108%$13.4M$2.8M10xas long as short
Aster TRXUSDT+0.0100%8h0.3481−0.022%$973K$714K75xas long as short
Binance TRXUSDT+0.0100%8h0.3481+0.004%$106.9M$64.9M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3481−0.007%$53.4M$12.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3481−0.010%$15.6M$10.9M50xas long as short
Gate TRX_USDT+0.0100%8h0.3482+0.019%$9.6M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3482+0.005%$19.1M$2.4M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3483+0.042%$8.5M$3.3M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3481−0.021%$9.8M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3477−0.128%$569K$30Kas long as short
edgeX TRXUSDC+0.0100%4h0.3480−0.042%$594K$507K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3483+0.042%$116K$604K50xas long as short
SunX TRX-USDT+0.0100%8h0.3480−0.050%$198K$1.4M30xas long as short
Phemex TRXUSDT+0.0100%8h0.3482+0.016%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3480−0.041%$206K$1.2M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3480−0.046%$34K3xas long as short
BloFin TRX-USDTshort+0.0220%8h0.3481−0.010%$4.8M$4.0M50x
Kraken Futures PF_TRXUSD+0.0296%1h0.3483+0.033%$2.3M$1.9M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0405%1h0.3485+0.099%$860K$759K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3482+0.029%$20K100xas long as short