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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: Aster against ApeX Omni+0.075%109s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.426% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$17 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.075%, 7d avg +0.012%
Together, before fees−0.238%+ Points / potential airdropAster: Stage 5 · farm board−$24 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: Aster is 0.063% dearer against ApeX Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TRXUSDT0.34860.0100pay 0.0013% / 1h59m 47s$116K$581K50x
ShortAster TRXUSDT0.34890.0100get 0.0100% / 8h2h 59m$966K$698K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX 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: +0.075% → +0.012%
$6.3
Slippage, 4 orders
−$24.56
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$36.26
Costs to cover
0.426%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 53 min ago; Aster: live order book, 53 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 ApeX Omni live order book, 53 min ago4.60 bp12.6 bp −$1396.1 bp −$961doesn't fitdoesn't fit
Sell Aster live order book, 53 min ago1.29 bp9.5 bp −$9doesn't fitdoesn'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+0.018%$520xas long as short
Phoenix TRX−0.0046%1h0.3488+0.046%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3486+0.008%$183K$9K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3487+0.036%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.294%$1K$163K12xas long as short
HTX TRX-USDT+0.0070%8h0.3485−0.035%$825K$869K75xas long as short
BingX TRX-USDC+0.0070%8h0.3489+0.080%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3489+0.083%$487K$666K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3487+0.017%$14K$60K20xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3487+0.017%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3492+0.158%$13.2M$2.7M10xas long as short
Aster TRXUSDTshort+0.0100%8h0.3489+0.075%$966K$698K75x
Binance TRXUSDT+0.0100%8h0.3489+0.092%$106.5M$61.5M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3488+0.055%$54.0M$11.9M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3489+0.080%$15.6M$10.0M50xas long as short
Gate TRX_USDT+0.0100%8h0.3488+0.066%$9.7M$3.0M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3489+0.095%$19.0M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3488+0.046%$8.5M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3490+0.100%$10.6M$3.5M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3486+0.003%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3485−0.035%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3486+0.011%$595K$471K20xas long as short
ApeX Omni TRXUSDTlong+0.0100%1h0.3486long leg$116K$581K50x
SunX TRX-USDT+0.0100%8h0.3485−0.026%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3487+0.034%$409$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3488+0.046%$4.0M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3488+0.066%$195K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3486−0.014%$34K3xas long as short
Kraken Futures PF_TRXUSD+0.0144%1h0.3487+0.029%$2.4M$1.7M25xas long as short
BloFin TRX-USDT+0.0220%8h0.3487+0.026%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0491%1h0.3487+0.038%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0536%1h0.3491+0.133%$853K$558K25xas long as short