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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.035%
Price spread now: ApeX Omni against Extended+0.095%92s7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.372%+$37 on $10k
Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.095%, 7d avg +0.053%
Together, before fees+0.379%+ Points / potential airdropExtended: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.042% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.053%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRX-USD0.34380.0016pay 0.0002% / 1h7m 59s$196K$1.1M25x
ShortApeX Omni TRXUSDT0.34410.0100get 0.0013% / 1h7m 59s$115K$550K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
$17.64
Price spread: +0.095% → +0.053%
$4.25
Slippage, 4 orders
−$24.21
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$17.33
Costs to cover
0.392%
Break-even
13.9 days
Slippage from Extended: live order book, just now; ApeX Omni: live order book, 10 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 Extended live order book, just now0.14 bp3.7 bp −$49.7 bp −$97doesn't fitdoesn't fit
Sell ApeX Omni live order book, 10 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
Reya TRXRUSDPERP−0.0133%1h0.3438+0.008%$520xas long as short
Injective TRX/USDC PERP−0.0120%1h0.3441+0.084%$1K$163K12xas long as short
KuCoin TRXUSDTM−0.0077%8h0.3438−0.009%$8.7M$3.6M75xas long as short
Variational Omni TRX−0.0070%8h0.3439+0.027%$562K$38Kas long as short
Phoenix TRX−0.0070%1h0.3441+0.078%$5K$13K10xas long as short
Bybit TRXUSDT−0.0053%8h0.3439+0.026%$54.6M$8.2M75xas long as short
HTX TRX-USDT−0.0023%8h0.3437−0.037%$825K$721K75xas long as short
Backpack TRX_USDC_PERP−0.0017%1h0.3440+0.058%$58K$4K10xas long as short
OKX TRX-USDT-SWAP−0.0002%8h0.3439+0.029%$15.5M$8.8M50xas long as short
Lighter TRX0.0000%1h0.3438+0.011%$482K$637K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX TRX-USD0.0000%1h0.3441+0.074%$181K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3440+0.065%$121K150xas long as short
Aster TRXUSDT+0.0016%8h0.3440+0.063%$956K$659K75xas long as short
Extended TRX-USDlong+0.0016%1h0.3438long leg$196K$1.1M25x
MEXC TRX_USDT+0.0016%8h0.3439+0.029%$18.2M$1.7M200xas long as short
SoDEX TRX-USD+0.0016%1h0.3439+0.029%$403$5K5xas long as short
Binance TRXUSDT+0.0016%8h0.3439+0.029%$99.2M$48.2M75xas long as short
Kraken Futures PF_TRXUSD+0.0026%1h0.3441+0.080%$1.9M$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0037%8h0.3439+0.030%$9K$38520xas long as short
BloFin TRX-USDT+0.0066%8h0.3440+0.043%$4.6M$4.0M50xas long as short
Phemex TRXUSDT+0.0075%8h0.3439+0.029%$3.8M$1.6M50xas long as short
Gate TRX_USDT+0.0084%8h0.3439+0.023%$9.6M$2.5M75xas long as short
Aevo TRX-PERP+0.0088%1h0.3438−0.015%$33K3xas long as short
Orderly PERP_TRX_USDC+0.0090%8h0.3439+0.031%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3441+0.081%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3439+0.014%$9.4M$2.0M75xas long as short
BingX TRX-USDT+0.0100%8h0.3440+0.046%$40.0Mas long as short
edgeX TRXUSDC+0.0100%4h0.3439+0.037%$587K$430K20xas long as short
ApeX Omni TRXUSDTshort+0.0100%1h0.3441+0.095%$115K$550K50x
SunX TRX-USDT+0.0100%8h0.3441+0.086%$196K$919K30xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3440+0.057%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0459%1h0.3443+0.148%$832K$411K25xas long as short