Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.049%
Price spread now: SunX against BingX+0.070%7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 3 days (all we have)−0.244%−$24 · spread now +0.070%, 7d avg −0.093%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.164% dearer against BingX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRX-USDC | 0.3441 | 0.0073 | pay 0.0073% / 8h | 2h 14m | — | $6.5M | — |
| Short | SunX TRX-USDT | 0.3444 | 0.0100 | get 0.0100% / 8h | 2h 14m | $196K | $918K | 30x |
BingX TRX-USDC
SunX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.67
- Price spread: +0.070% → −0.093%
- $16.38
- Slippage, 4 orders
- −$40.37
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$36.32
- Costs to cover
- 0.584%
- Break-even
- 51.8 days
Slippage from BingX: live order book, 7 min ago; SunX: live order book, 68 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 0.73 bp | 7.0 bp −$7 | 21.3 bp −$213 | 233.1 bp −$23.3K | 837.7 bp −$418.8K |
| Sell SunX live order book, 68 min ago | 2.99 bp | 33.2 bp −$33 | 50.4 bp −$504 | doesn't fit | doesn't fit |
TRX on 32 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3441 | −0.018% | $5 | — | 20x | as long as short |
| Variational Omni TRX | −0.0090% | 8h | 0.3439 | −0.060% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0089% | 8h | 0.3440 | −0.035% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.026% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0064% | 1h | 0.3442 | +0.003% | $58K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3440 | −0.041% | $1K | $129K | 12x | as long as short |
| Aster TRXUSDT | −0.0039% | 8h | 0.3441 | −0.008% | $951K | $638K | 75x | as long as short |
| HTX TRX-USDT | −0.0026% | 8h | 0.3440 | −0.044% | $826K | $711K | 75x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3441 | +0.003% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | 0.0000% | 8h | 0.3442 | +0.012% | $17.9M | $1.7M | 200x | as long as short |
Reya TRXRUSDPERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Aster TRXUSDT
HTX TRX-USDT
Extended TRX-USD
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0001% | 8h | 0.3442 | +0.020% | $99.4M | $49.0M | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.040% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0006% | 8h | 0.3442 | +0.020% | $15.6M | $8.8M | 50x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3442 | +0.009% | $482K | $639K | 10x | as long as short |
| KuCoin TRXUSDTM | +0.0009% | 8h | 0.3442 | +0.012% | $8.7M | $3.6M | 75x | as long as short |
| SoDEX TRX-USD | +0.0037% | 1h | 0.3442 | +0.017% | $401 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0054% | 8h | 0.3441 | −0.018% | $9K | $385 | 20x | as long as short |
| BingX TRX-USDClong | +0.0073% | 8h | 0.3441 | long leg | — | $6.5M | — | |
| Phemex TRXUSDT | +0.0075% | 8h | 0.3442 | +0.020% | $3.8M | $1.6M | 50x | as long as short |
| Bitget TRXUSDT | +0.0076% | 8h | 0.3443 | +0.032% | $9.4M | $2.1M | 75x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3440 | −0.042% | $33K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3444 | +0.062% | $1.9M | $975K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0089% | 8h | 0.3442 | +0.012% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3444 | +0.073% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3442 | +0.023% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.010% | $587K | $438K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | −0.012% | $115K | $541K | 50x | as long as short |
| SunX TRX-USDTshort | +0.0100% | 8h | 0.3444 | +0.070% | $196K | $918K | 30x | |
| BloFin TRX-USDT | +0.0101% | 8h | 0.3441 | −0.006% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0125% | 1h | 0.3443 | +0.037% | $181K | $10K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.022% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0386% | 1h | 0.3446 | +0.145% | $829K | $407K | 25x | as long as short |
Binance TRXUSDT
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
Lighter TRX
KuCoin TRXUSDTM
SoDEX TRX-USD
Paradex TRX-USD-PERP
Phemex TRXUSDT
Bitget TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
Orderly PERP_TRX_USDC
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
BloFin TRX-USDT
dYdX TRX-USD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL