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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.032%
Price spread now: KuCoin against Paradex+0.034%47s7-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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.034% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex TRX-USD-PERP0.34840.0098pay 0.0098% / 8h56m 51s$9K$25120x
ShortKuCoin TRXUSDTM0.34850.0100get 0.0100% / 8h56m 51s$8.5M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Paradex. 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
$0.4
Price spread: +0.034% → 0.000%
$3.42
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$12.18
Costs to cover
0.160%
Break-even
222.1 days
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 1 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 Paradex no order-book sample
Sell KuCoin live order book, 1 min ago1.00 bp18.1 bp −$1863.1 bp −$631doesn't fitdoesn't fit
Paradex: 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 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%1h0.3484−0.013%$520xas long as short
HTX TRX-USDT−0.0070%8h0.3482−0.069%$832K$944K75xas long as short
Backpack TRX_USDC_PERP−0.0003%1h0.3484+0.008%$62K$5K10xas long as short
dYdX TRX-USD0.0000%1h0.3486+0.068%$183K$12K10xas long as short
Phoenix TRX0.0000%1h0.3485+0.028%$5K$13K10xas long as short
SoDEX TRX-USD+0.0001%1h0.3485+0.017%$408$5K5xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3486+0.045%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.234%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3484+0.005%$32.8Mas long as short
Lighter TRX+0.0088%1h0.3484+0.014%$487K$671K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRX-USD-PERPlong+0.0098%8h0.3484long leg$9K$25120x
Orderly PERP_TRX_USDC+0.0100%8h0.3484−0.009%$14K$60K20xas long as short
Hyperliquid TRX+0.0100%1h0.3488+0.126%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3484−0.012%$971K$712K75xas long as short
Binance TRXUSDT+0.0100%8h0.3485+0.017%$107.4M$62.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3484+0.003%$53.5M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3485+0.028%$15.6M$10.6M50xas long as short
Gate TRX_USDT+0.0100%8h0.3485+0.034%$9.6M$3.2M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3485+0.020%$19.7M$2.2M200xas long as short
KuCoin TRXUSDTMshort+0.0100%8h0.3485+0.034%$8.5M$3.4M75x
Bitget TRXUSDT+0.0100%8h0.3484+0.011%$9.8M$4.3M75xas long as short
Variational Omni TRX+0.0100%8h0.3485+0.025%$570K$33Kas long as short
edgeX TRXUSDC+0.0100%4h0.3486+0.048%$594K$459K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3488+0.100%$116K$590K50xas long as short
SunX TRX-USDT+0.0100%8h0.3483−0.019%$198K$1.3M30xas long as short
Phemex TRXUSDT+0.0100%8h0.3485+0.040%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3484−0.014%$208K$771K25xas long as short
Aevo TRX-PERP+0.0104%1h0.3482−0.050%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3484+0.008%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0295%1h0.3485+0.028%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3485+0.040%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0829%1h0.3490+0.171%$908K$689K25xas long as short