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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: SunX against MEXC−0.054%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.213%+$21 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now −0.054%, 7d avg −0.097%
Together, before fees+0.044%+$4 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 0.042% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TRX_USDT0.34880.0100pay 0.0100% / 8h1h 28m$19.6M$2.2M200x
ShortSunX TRX-USDT0.34860.0100get 0.0100% / 8h1h 28m$198K$1.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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: −0.054% → −0.097%
$4.23
Slippage, 4 orders
−$37.86
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$45.63
Costs to cover
0.499%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; SunX: live order book, 5 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 MEXC live order book, 5 min ago0.14 bp2.1 bp −$23.1 bp −$3123.8 bp −$2,38038.9 bp −$19.4K
Sell SunX live order book, 5 min ago16.16 bp20.2 bp −$2027.0 bp −$270doesn'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%1h0.3487−0.026%$520xas long as short
HTX TRX-USDT−0.0029%8h0.3484−0.114%$833K$939K75xas long as short
dYdX TRX-USD0.0000%1h0.3489+0.012%$183K$12K10xas long as short
Phoenix TRX0.0000%1h0.3489+0.011%$5K$14K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3488−0.002%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.353%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3488−0.017%$32.8Mas long as short
Lighter TRX+0.0096%1h0.3488−0.020%$487K$670K10xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3487−0.033%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.34880.000%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3491+0.080%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3487−0.043%$966K$704K75xas long as short
Binance TRXUSDT+0.0100%8h0.34880.000%$107.4M$62.6M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3488−0.006%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3488+0.009%$15.6M$10.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3488−0.009%$9.7M$3.2M75xas long as short
MEXC TRX_USDTlong+0.0100%8h0.3488long leg$19.6M$2.2M200x
KuCoin TRXUSDTM+0.0100%8h0.3489+0.029%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3487−0.023%$9.8M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3487−0.029%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3487−0.038%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3487−0.023%$595K$463K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3490+0.040%$116K$583K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3486−0.054%$198K$1.3M30x
SoDEX TRX-USD+0.0100%1h0.3488−0.006%$413$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3488−0.003%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3487−0.035%$205K$593K25xas long as short
Aevo TRX-PERP+0.0104%1h0.3486−0.064%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3488−0.011%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0252%1h0.3489+0.022%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3488−0.011%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.1003%1h0.3493+0.133%$907K$684K25xas long as short