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 +0.028%
Price spread now: SunX against Variational Omni−0.015%45s7-day average −0.040% · 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 4 days (all we have)+0.107%+$11 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now −0.015%, 7d avg −0.040%
Together, before fees−0.057%+ Points / potential airdropVariational Omni: Active · farm board−$6 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 0.025% dearer against Variational Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.040%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TRX0.34850.0100pay 0.0100% / 8h1h 57m$570K$37K
ShortSunX TRX-USDT0.34840.0100get 0.0100% / 8h1h 57m$198K$1.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Variational Omni. 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: −0.015% → −0.040%
$2.48
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$5.52
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 51 min ago; SunX: live order book, 6 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 Variational Omni RFQ quote, 51 min ago5.73 bpdoesn't fit8.6 bp −$86doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago18.02 bp22.0 bp −$2228.9 bp −$289doesn'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%1h0.3485+0.002%$520xas long as short
Phoenix TRX−0.0023%1h0.3488+0.082%$5K$13K10xas long as short
HTX TRX-USDT0.0000%8h0.3484−0.018%$833K$934K75xas long as short
dYdX TRX-USD0.0000%1h0.3486+0.044%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3486+0.030%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.258%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3487+0.062%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3487+0.050%$487K$670K10xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3486+0.046%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3486+0.033%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3490+0.139%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3486+0.034%$966K$701K75xas long as short
Binance TRXUSDT+0.0100%8h0.3487+0.073%$107.2M$62.6M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3487+0.062%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3487+0.070%$15.5M$10.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3487+0.056%$9.7M$3.1M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3488+0.076%$18.9M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3487+0.059%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3486+0.036%$9.8M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3485+0.013%$62K$5K10xas long as short
Variational Omni TRXlong+0.0100%8h0.3485long leg$570K$37K
edgeX TRXUSDC+0.0100%4h0.3486+0.027%$594K$465K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3488+0.076%$116K$581K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3484−0.015%$198K$1.3M30x
SoDEX TRX-USD+0.0100%1h0.3486+0.030%$411$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3486+0.030%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3486+0.029%$195K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3484−0.019%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3487+0.047%$4.7M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0252%1h0.3486+0.035%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3486+0.030%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.1072%1h0.3491+0.180%$909K$680K25xas long as short