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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.2% APRnext payment $1.20 per $10,000 · paid last 24h −0.004%
Price spread now: Orderly against BloFin+0.023%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Orderly is 0.023% dearer against BloFin than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TRX-USDT0.34800.0220pay 0.0220% / 8h19m 19s$4.8M$4.0M50x
ShortOrderly PERP_TRX_USDC0.34810.0100get 0.0100% / 8h19m 19s$14K$63K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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
−$25.28
Price spread: +0.023% → 0.000%
$2.3
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$40.98
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago0.14 bp6.3 bp −$68.0 bp −$8025.4 bp −$2,539doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.3480+0.004%$520xas long as short
HTX TRX-USDT−0.0083%8h0.3480+0.002%$834K$958K75xas long as short
Phoenix TRX−0.0023%1h0.3479−0.034%$5K$13K10xas long as short
dYdX TRX-USD0.0000%1h0.3479−0.019%$182K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3482+0.062%$126K150xas long as short
Backpack TRX_USDC_PERP+0.0011%1h0.3480−0.011%$62K$5K10xas long as short
SoDEX TRX-USD+0.0022%1h0.3481+0.026%$406$5K5xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.121%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3481+0.032%$6.5Mas long as short
Paradex TRX-USD-PERP+0.0085%8h0.3479−0.030%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX+0.0096%1h0.3481+0.026%$487K$674K10xas long as short
Orderly PERP_TRX_USDCshort+0.0100%8h0.3481+0.023%$14K$63K20x
Hyperliquid TRX+0.0100%1h0.3484+0.129%$13.4M$2.8M10xas long as short
Aster TRXUSDT+0.0100%8h0.3480−0.013%$972K$714K75xas long as short
Binance TRXUSDT+0.0100%8h0.3482+0.045%$106.9M$64.9M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3481+0.029%$53.4M$12.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3481+0.026%$15.6M$10.9M50xas long as short
Gate TRX_USDT+0.0100%8h0.3482+0.052%$9.6M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3481+0.014%$19.1M$2.4M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3481+0.029%$8.5M$3.3M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3480+0.003%$9.8M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3477−0.089%$569K$30Kas long as short
edgeX TRXUSDC+0.0100%4h0.3480+0.001%$593K$494K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3481+0.014%$116K$604K50xas long as short
SunX TRX-USDT+0.0100%8h0.3479−0.015%$198K$1.4M30xas long as short
Phemex TRXUSDT+0.0100%8h0.3481+0.032%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3480−0.007%$206K$1.2M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3480−0.006%$34K3xas long as short
BloFin TRX-USDTlong+0.0220%8h0.3480long leg$4.8M$4.0M50x
Kraken Futures PF_TRXUSD+0.0296%1h0.3481+0.042%$2.3M$1.9M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0362%1h0.3484+0.123%$862K$758K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3480+0.014%$20K100xas long as short