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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against ApeX Omni+0.053%73s7-day average −0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1421.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.094%−$9 on $10k
Price spread, last 3 days (all we have)−0.324%−$32 · spread now +0.053%, 7d avg −0.105%
Together, before fees−0.419%−$42 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 0.158% dearer against ApeX Omni than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.105%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TRXUSDT0.34510.0100pay 0.0013% / 1h27m 48s$115K$570K50x
ShortSunX TRX-USDT0.34530.0100get 0.0100% / 8h7h 27m$196K$949K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.053% → −0.105%
$15.77
Slippage, 4 orders
−$124.19
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$126.43
Costs to cover
1.422%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 45 min ago; SunX: live order book, 25 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, 45 min ago2.76 bp15.6 bp −$16121.6 bp −$1,216doesn't fitdoesn't fit
Sell SunX live order book, 25 min ago15.48 bp53.2 bp −$5372.5 bp −$725doesn'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%1h0.3455+0.093%$520xas long as short
KuCoin TRXUSDTM−0.0090%8h0.3455+0.093%$8.7M$3.5M75xas long as short
Phoenix TRX−0.0046%1h0.3454+0.075%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3456+0.144%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3456+0.139%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.301%$1K$163K12xas long as short
Variational Omni TRX+0.0034%8h0.3454+0.074%$565K$36Kas long as short
Backpack TRX_USDC_PERP+0.0050%1h0.3454+0.090%$58K$4K10xas long as short
HTX TRX-USDT+0.0066%8h0.3454+0.077%$830K$753K75xas long as short
MEXC TRX_USDT+0.0067%8h0.3455+0.110%$18.4M$1.9M200xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRXUSDT+0.0068%8h0.3455+0.103%$100.5M$47.9M75xas long as short
Extended TRX-USD+0.0072%1h0.3454+0.068%$194K$1.3M25xas long as short
OKX TRX-USDT-SWAP+0.0074%8h0.3455+0.116%$15.5M$8.4M50xas long as short
Paradex TRX-USD-PERP+0.0089%8h0.3455+0.106%$9K$35820xas long as short
Orderly PERP_TRX_USDC+0.0092%8h0.3455+0.101%$15K$107K20xas long as short
Lighter TRX+0.0096%1h0.3455+0.099%$483K$630K10xas long as short
Aevo TRX-PERP+0.0096%1h0.3453+0.055%$33K3xas long as short
Hyperliquid TRX+0.0100%1h0.3457+0.148%$13.2M$2.2M10xas long as short
Aster TRXUSDT+0.0100%8h0.3456+0.133%$957K$662K75xas long as short
Bybit TRXUSDT+0.0100%8h0.3455+0.104%$54.9M$8.0M75xas long as short
Gate TRX_USDT+0.0100%8h0.3456+0.127%$9.7M$2.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3455+0.099%$9.5M$2.1M75xas long as short
BingX TRX-USDC+0.0100%8h0.3456+0.119%$6.5Mas long as short
edgeX TRXUSDC+0.0100%4h0.3453+0.054%$590K$439K20xas long as short
ApeX Omni TRXUSDTlong+0.0100%1h0.3451long leg$115K$570K50x
SunX TRX-USDTshort+0.0100%8h0.3453+0.053%$196K$949K30x
SoDEX TRX-USD+0.0100%1h0.3456+0.119%$402$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3455+0.113%$3.9M$1.6M50xas long as short
Kraken Futures PF_TRXUSD+0.0172%1h0.3457+0.160%$2.3M$1.5M25xas long as short
BloFin TRX-USDT+0.0187%8h0.3454+0.075%$4.7M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0367% / S −0.0395%1h0.3455+0.103%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0546%1h0.3459+0.218%$835K$407K25xas long as short