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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.030%
Price spread now: SunX against Extended−0.111%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1361.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.262%+$26 on $10k
Price spread, last 3 days (all we have)−0.063%−$6 · spread now −0.111%, 7d avg −0.054%
Together, before fees+0.199%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.057% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRX-USD0.34850.0104pay 0.0013% / 1h55m 52s$195K$1.0M25x
ShortSunX TRX-USDT0.34820.0100get 0.0100% / 8h5h 55m$198K$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.111% → −0.054%
−$5.74
Slippage, 4 orders
−$122.76
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$142.34
Costs to cover
1.358%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; SunX: 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 Extended live order book, 2 min ago0.14 bp3.5 bp −$39.9 bp −$99doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago23.29 bp45.2 bp −$4557.6 bp −$576doesn't fitdoesn't fit

TRX on 31 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%1h0.3486+0.011%$520xas long as short
Phoenix TRX−0.0046%1h0.3486+0.003%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3485−0.002%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3486+0.006%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.273%$1K$163K12xas long as short
KuCoin TRXUSDTM+0.0063%8h0.3487+0.035%$8.8M$3.5M75xas long as short
Lighter TRX+0.0096%1h0.3485−0.014%$486K$662K10xas long as short
Orderly PERP_TRX_USDC+0.0097%8h0.3485−0.005%$14K$122K20xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3485−0.008%$9K$25120xas long as short
Hyperliquid TRX+0.0100%1h0.3487+0.035%$13.1M$2.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDT+0.0100%8h0.3486+0.008%$963K$692K75xas long as short
Binance TRXUSDT+0.0100%8h0.34850.000%$103.9M$55.6M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3485+0.001%$54.2M$11.0M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3486+0.021%$15.7M$9.3M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486+0.015%$9.7M$2.8M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486+0.006%$19.1M$2.0M200xas long as short
Bitget TRXUSDT+0.0100%8h0.3486+0.012%$10.4M$3.3M75xas long as short
BingX TRX-USDT+0.0100%8h0.3486+0.009%$32.8Mas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3485−0.022%$59K$4K10xas long as short
Variational Omni TRX+0.0100%8h0.3486+0.016%$569K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3477−0.239%$593K$466K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3477−0.229%$116K$561K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3482−0.111%$198K$1.1M30x
SoDEX TRX-USD+0.0100%1h0.3486+0.015%$406$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3484−0.050%$841K$818K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3485−0.002%$3.9M$1.7M50xas long as short
Extended TRX-USDlong+0.0104%1h0.3485long leg$195K$1.0M25x
Aevo TRX-PERP+0.0104%1h0.3484−0.051%$34K3xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3485−0.012%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0584%1h0.3487+0.037%$2.4M$1.6M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0766%1h0.3489+0.111%$838K$494K25xas long as short