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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: KuCoin against SoDEX+0.037%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.037% dearer against SoDEX than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TRX-USD0.34860.0100pay 0.0013% / 1h44m 32s$409$5K5x
ShortKuCoin TRXUSDTM0.34870.0100get 0.0100% / 8h2h 44m$8.5M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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: +0.037% → 0.000%
$3.73
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$16.27
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 9 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 SoDEX no order-book sample
Sell KuCoin live order book, 9 min ago0.57 bp12.1 bp −$1257.7 bp −$577doesn't fitdoesn't fit
SoDEX: 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%1h0.3485−0.026%$520xas long as short
Phoenix TRX−0.0023%1h0.3490+0.129%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3486+0.022%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3486+0.016%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.280%$1K$163K12xas long as short
HTX TRX-USDT+0.0054%8h0.3482−0.115%$824K$867K75xas long as short
BingX TRX-USDT+0.0070%8h0.3486+0.006%$32.8Mas long as short
Lighter TRX+0.0096%1h0.3486+0.011%$486K$666K10xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3486+0.012%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3485−0.017%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3489+0.086%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3488+0.060%$965K$696K75xas long as short
Binance TRXUSDT+0.0100%8h0.3486+0.016%$106.7M$61.7M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3484−0.034%$54.0M$11.9M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3486−0.003%$15.5M$10.2M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486+0.020%$9.7M$3.0M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486+0.011%$18.9M$2.1M200xas long as short
KuCoin TRXUSDTMshort+0.0100%8h0.3487+0.037%$8.5M$3.4M75x
Bitget TRXUSDT+0.0100%8h0.3486+0.006%$10.5M$3.5M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3485−0.017%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3484−0.049%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3485−0.009%$594K$474K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3485−0.014%$116K$580K50xas long as short
SunX TRX-USDT+0.0100%8h0.3484−0.056%$198K$1.3M30xas long as short
SoDEX TRX-USDlong+0.0100%1h0.3486long leg$409$5K5x
Phemex TRXUSDT+0.0100%8h0.3486+0.003%$4.0M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3485−0.014%$195K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3484−0.054%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3487+0.049%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3485−0.003%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0415%1h0.3486+0.015%$2.4M$1.7M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0823%1h0.3491+0.142%$901K$632K25xas long as short