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% APRpaid last 24h 0.000%
Price spread now: edgeX against Bitget+0.019%114s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.019%, 7d avg −0.007%
Together, before fees+0.061%+ Points / potential airdropedgeX: 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: edgeX is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRXUSDT0.34890.0100pay 0.0100% / 8h1h 33m$9.8M$4.3M75x
ShortedgeX TRXUSDC0.34890.0100get 0.0050% / 4h1h 33m$595K$462K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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: +0.019% → −0.007%
$2.68
Slippage, 4 orders
−$4.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$23.24
Costs to cover
0.259%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 10 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 Bitget live order book, 5 min ago0.29 bp6.9 bp −$711.4 bp −$11427.7 bp −$2,767doesn't fit
Sell edgeX live order book, 10 min ago0.72 bp5.2 bp −$56.5 bp −$65doesn'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%1h0.3488−0.024%$520xas long as short
HTX TRX-USDT−0.0020%8h0.3484−0.124%$833K$938K75xas long as short
dYdX TRX-USD0.0000%1h0.3489−0.002%$183K$12K10xas long as short
Phoenix TRX0.0000%1h0.3491+0.052%$5K$14K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3489+0.011%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.367%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3489+0.011%$32.8Mas long as short
Lighter TRX+0.0096%1h0.3488−0.014%$487K$670K10xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3489+0.004%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3488−0.006%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3492+0.080%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3489−0.003%$966K$701K75xas long as short
Binance TRXUSDT+0.0100%8h0.3488−0.006%$107.4M$62.5M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3489+0.009%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3491+0.052%$15.5M$10.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3489−0.003%$9.7M$3.2M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3489+0.003%$19.6M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3490+0.026%$8.5M$3.4M75xas long as short
Bitget TRXUSDTlong+0.0100%8h0.3489long leg$9.8M$4.3M75x
Backpack TRX_USDC_PERP+0.0100%1h0.3488−0.029%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3489+0.005%$570K$37Kas long as short
edgeX TRXUSDCshort+0.0100%4h0.3489+0.019%$595K$462K20x
ApeX Omni TRXUSDT+0.0100%1h0.3490+0.032%$116K$583K50xas long as short
SunX TRX-USDT+0.0100%8h0.3487−0.050%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3488−0.009%$412$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3488−0.011%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3488−0.015%$205K$593K25xas long as short
Aevo TRX-PERP+0.0104%1h0.3487−0.060%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3488−0.006%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0252%1h0.3489+0.014%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3489+0.005%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.1028%1h0.3494+0.142%$907K$684K25xas long as short