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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bitget−0.025%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 4 days (all we have)−0.161%−$16 · spread now −0.025%, 7d avg −0.077%
Together, before fees−0.011%−$1 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 0.052% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRXUSDT0.34840.0100pay 0.0100% / 8h7h 52m$9.7M$4.4M75x
ShortSunX TRX-USDT0.34830.0100get 0.0100% / 8h7h 52m$198K$1.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.025% → −0.077%
$5.22
Slippage, 4 orders
−$41.33
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$56.12
Costs to cover
0.613%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; SunX: live order book, 2 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, 1 min ago0.14 bp6.5 bp −$610.8 bp −$10825.2 bp −$2,518doesn't fit
Sell SunX live order book, 2 min ago17.61 bp21.8 bp −$2237.9 bp −$379doesn'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
HTX TRX-USDT−0.0229%8h0.3484−0.013%$835K$959K75xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3485+0.020%$520xas long as short
Phoenix TRX−0.0046%1h0.3486+0.066%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3487+0.088%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3486+0.055%$126K150xas long as short
Kraken Futures PF_TRXUSD+0.0020%1h0.3487+0.078%$2.4M$1.9M25xas long as short
Backpack TRX_USDC_PERP+0.0032%1h0.3484+0.009%$62K$5K10xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.237%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3485+0.026%$32.6Mas long as short
Paradex TRX-USD-PERP+0.0091%8h0.3485+0.015%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX+0.0096%1h0.3485+0.029%$487K$671K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3485+0.029%$14K$63K20xas long as short
Aster TRXUSDT+0.0100%8h0.3482−0.060%$970K$752K75xas long as short
Binance TRXUSDT+0.0100%8h0.3484−0.009%$107.1M$65.3M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3484−0.009%$53.5M$12.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3484−0.009%$15.6M$11.0M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486+0.049%$9.6M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3485+0.037%$19.0M$2.3M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3486+0.046%$8.5M$3.3M75xas long as short
Bitget TRXUSDTlong+0.0100%8h0.3484long leg$9.7M$4.4M75x
Variational Omni TRX+0.0100%8h0.3485+0.024%$577K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3485+0.032%$594K$501K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3486+0.066%$116K$609K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3483−0.025%$198K$1.4M30x
SoDEX TRX-USD+0.0100%1h0.3485+0.034%$404$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3485+0.034%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3484+0.011%$205K$1.2M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3484−0.016%$34K3xas long as short
Hyperliquid TRX+0.0107%1h0.3489+0.132%$13.4M$2.8M10xas long as short
BloFin TRX-USDT+0.0220%8h0.3487+0.069%$4.8M$4.1M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3486+0.044%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0567%1h0.3489+0.149%$843K$720K25xas long as short