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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h −0.063%
Price spread now: Reya against Paradex−0.014%7-day average · you buy dearer than you sell
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 3 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 · Reya: Active · farm boardneeds 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: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex TRX-USD-PERP0.34870.0100pay 0.0100% / 8h2h 04m$9K$25120x
ShortReya TRXRUSDPERP0.3486−0.0133pay 0.0017% / 1h4m 55s$520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$48.91
Price spread: −0.014% → 0.000%
−$1.42
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Reya: 3 bp × 2 orders
−$6
Net
−$60.34
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Reya: no order-book sample. 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 Reya no order-book sample
Paradex and Reya: 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 TRXRUSDPERPshort−0.0133%1h0.3486−0.014%$520x
Phoenix TRX−0.0023%1h0.3489+0.086%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3488+0.054%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3487+0.014%$123K150xas long as short
HTX TRX-USDT+0.0008%8h0.3484−0.079%$833K$931K75xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.305%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3487+0.011%$32.8Mas long as short
Lighter TRX+0.0096%1h0.3487+0.006%$487K$671K10xas long as short
Paradex TRX-USD-PERPlong+0.0100%8h0.3487long leg$9K$25120x
Orderly PERP_TRX_USDC+0.0100%8h0.3487+0.003%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3490+0.092%$13.2M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3487+0.025%$967K$701K75xas long as short
Binance TRXUSDT+0.0100%8h0.3487+0.003%$107.2M$62.6M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3487+0.014%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3487+0.014%$15.5M$10.4M50xas long as short
Gate TRX_USDT+0.0100%8h0.3487+0.023%$9.7M$3.2M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3487+0.003%$18.9M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3487+0.011%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3485−0.035%$9.9M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3486−0.015%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3486−0.018%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3488+0.049%$595K$473K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3490+0.100%$116K$579K50xas long as short
SunX TRX-USDT+0.0100%8h0.3485−0.051%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3487+0.006%$411$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3488+0.034%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3486−0.027%$195K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3485−0.046%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3487+0.017%$4.7M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3487+0.022%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0415%1h0.3487+0.027%$2.4M$1.8M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0943%1h0.3491+0.142%$908K$679K25xas long as short