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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: ApeX Omni against edgeX+0.042%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.042%, 7d avg +0.031%
Together, before fees+0.219%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TRXUSDC0.34400.0100pay 0.0050% / 4h19m 07s$587K$442K20x
ShortApeX Omni TRXUSDT0.34410.0100get 0.0013% / 1h19m 07s$115K$567K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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: +0.042% → +0.031%
$1.11
Slippage, 4 orders
−$23.72
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$41.61
Costs to cover
0.427%
Break-even
never at this rate
Slippage from edgeX: live order book, 60 min ago; ApeX Omni: live order book, 59 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 edgeX live order book, 60 min ago0.87 bp5.4 bp −$56.9 bp −$69doesn't fitdoesn't fit
Sell ApeX Omni live order book, 59 min ago4.65 bp19.6 bp −$20122.2 bp −$1,222doesn'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
Injective TRX/USDC PERP−0.0146%1h0.3441+0.031%$1K$163K12xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3442+0.056%$520xas long as short
KuCoin TRXUSDTM−0.0091%8h0.3442+0.057%$8.7M$3.6M75xas long as short
Backpack TRX_USDC_PERP−0.0079%1h0.3442+0.063%$58K$4K10xas long as short
Phoenix TRX−0.0070%1h0.3442+0.057%$5K$13K10xas long as short
Variational Omni TRX−0.0031%8h0.3441+0.032%$563K$36Kas long as short
HTX TRX-USDT−0.0019%8h0.3441+0.018%$826K$730K75xas long as short
Bybit TRXUSDT−0.0018%8h0.3442+0.051%$54.6M$8.1M75xas long as short
dYdX TRX-USD0.0000%1h0.3443+0.077%$181K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3444+0.110%$121K150xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRX-USDT-SWAP+0.0025%8h0.3443+0.077%$15.6M$8.8M50xas long as short
Extended TRX-USD+0.0032%1h0.3442+0.052%$196K$1.1M25xas long as short
MEXC TRX_USDT+0.0032%8h0.3443+0.083%$18.2M$1.9M200xas long as short
Binance TRXUSDT+0.0033%8h0.3443+0.083%$99.3M$47.9M75xas long as short
Kraken Futures PF_TRXUSD+0.0062%1h0.3444+0.109%$1.9M$1.0M25xas long as short
Aster TRXUSDT+0.0066%8h0.3443+0.103%$956K$659K75xas long as short
Paradex TRX-USD-PERP+0.0073%8h0.3442+0.056%$9K$38520xas long as short
SoDEX TRX-USD+0.0075%1h0.3443+0.074%$403$5K5xas long as short
Phemex TRXUSDT+0.0084%8h0.3442+0.071%$3.8M$1.6M50xas long as short
Gate TRX_USDT+0.0085%8h0.3442+0.066%$9.6M$2.5M75xas long as short
Aevo TRX-PERP+0.0088%1h0.3441+0.021%$33K3xas long as short
Lighter TRX+0.0088%1h0.3442+0.060%$482K$630K10xas long as short
Orderly PERP_TRX_USDC+0.0091%8h0.3442+0.057%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3444+0.109%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3442+0.060%$9.5M$2.2M75xas long as short
BingX TRX-USDC+0.0100%8h0.3442+0.063%$6.5Mas long as short
edgeX TRXUSDClong+0.0100%4h0.3440long leg$587K$442K20x
ApeX Omni TRXUSDTshort+0.0100%1h0.3441+0.042%$115K$567K50x
SunX TRX-USDT+0.0100%8h0.3443+0.099%$196K$927K30xas long as short
BloFin TRX-USDT+0.0133%8h0.3443+0.077%$4.6M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3443+0.091%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0476%1h0.3446+0.183%$832K$417K25xas long as short