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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.041%
Price spread now: Aster against dYdX+0.005%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2012.013% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.295%−$30 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.005%, 7d avg −0.001%
Together, before fees−0.256%+ Points / potential airdropAster: Stage 5 · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.295%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRX-USD0.34860get 0.0000% / 1h1m 15s$183K$9K10x
ShortAster TRXUSDT0.34870.0100get 0.0100% / 8h3h 01m$965K$698K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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
$21
Price spread: +0.005% → −0.001%
$0.63
Slippage, 4 orders
−$183.31
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$179.69
Costs to cover
2.013%
Break-even
66.9 days
Slippage from dYdX: live order book, 53 min ago; Aster: live order book, 52 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 dYdX live order book, 53 min ago87.60 bp92.6 bp −$93100.6 bp −$1,006155.3 bp −$15.5K514.9 bp −$257.5K
Sell Aster live order book, 52 min ago1.29 bp9.5 bp −$9doesn't fitdoesn'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%1h0.3486−0.017%$520xas long as short
Phoenix TRX−0.0046%1h0.3488+0.038%$5K$14K10xas long as short
dYdX TRX-USDlong0.0000%1h0.3486long leg$183K$9K10x
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3487+0.005%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.301%$1K$163K12xas long as short
HTX TRX-USDT+0.0069%8h0.3483−0.090%$825K$870K75xas long as short
BingX TRX-USDC+0.0070%8h0.3486−0.002%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3487+0.004%$486K$671K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3487+0.004%$14K$60K20xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3486−0.007%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3489+0.087%$13.2M$2.7M10xas long as short
Aster TRXUSDTshort+0.0100%8h0.3487+0.005%$965K$698K75x
Binance TRXUSDT+0.0100%8h0.3486−0.002%$106.4M$61.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3486−0.011%$54.0M$11.9M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3487+0.009%$15.6M$10.2M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486−0.002%$9.7M$3.0M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486−0.008%$19.0M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3487+0.007%$8.5M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3487+0.027%$10.6M$3.5M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3485−0.028%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3485−0.043%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3486+0.003%$595K$471K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3486−0.008%$116K$581K50xas long as short
SunX TRX-USDT+0.0100%8h0.3484−0.066%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3486−0.005%$409$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3487+0.012%$4.0M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3485−0.027%$197K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3485−0.038%$34K3xas long as short
Kraken Futures PF_TRXUSD+0.0144%1h0.3487+0.006%$2.4M$1.7M25xas long as short
BloFin TRX-USDT+0.0220%8h0.3487+0.018%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0491%1h0.3487+0.004%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0642%1h0.3490+0.102%$853K$558K25xas long as short