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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0400%/8h= −43.8% APRnext payment $0.50 per $10,000 · paid last 24h −0.109%
Price spread now: gTrade (Gains Network) against GMX+0.008%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TRX/USD [ETH-USDC]0.3475L +0.0408% / S −0.0492%pay 0.0051% / 1h48m 07s$20K100x
ShortgTrade (Gains Network) TRX/USD0.3476L +0.0003% / S −0.0008%get 0.0001% / 1h48m 07s$137K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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
−$84.05
Price spread: +0.008% → 0.000%
$0.78
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$105.27
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): virtual book (oracle exchange), 64 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell gTrade (Gains Network) virtual book (oracle exchange), 64 min ago130.02 bp135.0 bp −$135205.2 bp −$2,0522197.0 bp −$219.7Kdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TRX on 32 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDT−0.0342%8h0.3472−0.090%$961K$936K75xas long as short
HTX TRX-USDT−0.0215%8h0.3473−0.066%$831K$884K75xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3473−0.062%$520xas long as short
Backpack TRX_USDC_PERP−0.0063%1h0.3473−0.051%$57K$8K10xas long as short
Phoenix TRX−0.0046%1h0.3476+0.024%$5K$14K10xas long as short
SoDEX TRX-USD−0.0012%1h0.3474−0.033%$409$5K5xas long as short
dYdX TRX-USD0.0000%1h0.3476+0.025%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDshortL +0.0003% / S −0.0008%1h0.3476+0.008%$137K150x
Injective TRX/USDC PERP+0.0033%1h0.3441−0.986%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3474−0.048%$6.5Mas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRX-USD-PERP+0.0087%8h0.3474−0.048%$9K$5220xas long as short
Lighter TRX+0.0096%1h0.3474−0.028%$481K$656K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3474−0.048%$14K$71K20xas long as short
Hyperliquid TRX+0.0100%1h0.3478+0.076%$14.3M$2.7M10xas long as short
Binance TRXUSDT+0.0100%8h0.3474−0.030%$106.6M$64.2M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3473−0.065%$53.3M$13.6M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3474−0.045%$15.4M$11.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3474−0.039%$9.5M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3474−0.031%$18.9M$2.4M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3474−0.042%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3473−0.056%$9.7M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3473−0.076%$576K$28Kas long as short
edgeX TRXUSDC+0.0100%4h0.3474−0.037%$593K$508K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3476+0.010%$117K$617K50xas long as short
SunX TRX-USDT+0.0100%8h0.3473−0.074%$197K$1.3M30xas long as short
Phemex TRXUSDT+0.0100%8h0.3475−0.013%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3473−0.077%$211K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3472−0.086%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3475−0.019%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0269%1h0.3474−0.045%$2.3M$1.8M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0380%1h0.3478+0.068%$804K$724K25xas long as short
GMX TRX/USD [ETH-USDC]longL +0.0408% / S −0.0492%1h0.3475long leg$20K100x