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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.014%
Price spread now: KuCoin against Extended+0.069%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.384% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.069%, 7d avg +0.073%
Together, before fees−0.018%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRX-USD0.34880.0104pay 0.0013% / 1h25m 09s$205K$593K25x
ShortKuCoin TRXUSDTM0.34910.0100get 0.0100% / 8h1h 25m$8.5M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.84
Price spread: +0.069% → +0.073%
−$0.36
Slippage, 4 orders
−$21.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$39.65
Costs to cover
0.384%
Break-even
never at this rate
Slippage from Extended: live order book, 18 min ago; KuCoin: live order book, 3 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, 18 min ago0.14 bp3.5 bp −$38.6 bp −$86doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago0.57 bp19.4 bp −$1963.8 bp −$638doesn'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%1h0.3488+0.003%$520xas long as short
HTX TRX-USDT−0.0036%8h0.3485−0.097%$833K$940K75xas long as short
dYdX TRX-USD0.0000%1h0.3489+0.016%$183K$12K10xas long as short
Phoenix TRX0.0000%1h0.3490+0.055%$5K$14K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3489+0.032%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.350%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3489+0.026%$32.8Mas long as short
Lighter TRX+0.0096%1h0.3489+0.035%$488K$670K10xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3488+0.010%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3489+0.038%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3492+0.121%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3489+0.016%$968K$706K75xas long as short
Binance TRXUSDT+0.0100%8h0.3490+0.049%$107.4M$62.5M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3489+0.026%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3489+0.040%$15.6M$10.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3489+0.029%$9.7M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3489+0.035%$19.6M$2.2M200xas long as short
KuCoin TRXUSDTMshort+0.0100%8h0.3491+0.069%$8.5M$3.4M75x
Bitget TRXUSDT+0.0100%8h0.3489+0.015%$9.8M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3489+0.020%$63K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3488−0.006%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3488+0.008%$595K$460K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3488−0.003%$116K$587K50xas long as short
SunX TRX-USDT+0.0100%8h0.34880.000%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3489+0.038%$412$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3490+0.055%$4.0M$2.0M50xas long as short
Extended TRX-USDlong+0.0104%1h0.3488long leg$205K$593K25x
Aevo TRX-PERP+0.0104%1h0.34880.000%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3489+0.023%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0252%1h0.3491+0.075%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3489+0.020%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0965%1h0.3494+0.171%$907K$685K25xas long as short