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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h −0.030%
Price spread now: Orderly against dYdX−0.042%7-day average −0.030% · you buy dearer than you sell
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−0.236%−$24 on $10k
Price spread, last 3 days (all we have)−0.039%−$4 · spread now −0.042%, 7d avg −0.030%
Together, before fees−0.275%−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, 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 −0.236%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRX-USD0.34490get 0.0000% / 1h55m 28s$181K$10K10x
ShortOrderly PERP_TRX_USDC0.34470.0091get 0.0091% / 8h7h 55m$14K$107K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$19.11
Price spread: −0.042% → −0.030%
−$1.24
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$1.88
Costs to cover
0.160%
Break-even
6.3 days
Slippage unknown: dYdX: live order book, 19 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 dYdX live order book, 19 min ago64.67 bp72.0 bp −$7272.2 bp −$72275.6 bp −$7,564390.5 bp −$195.3K
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%1h0.3446−0.074%$520xas long as short
KuCoin TRXUSDTM−0.0089%8h0.3447−0.036%$8.7M$3.6M75xas long as short
Phoenix TRX−0.0070%1h0.3446−0.068%$5K$14K10xas long as short
Variational Omni TRX−0.0004%8h0.3446−0.076%$563K$36Kas long as short
dYdX TRX-USDlong0.0000%1h0.3449long leg$181K$10K10x
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3449−0.001%$121K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.222%$1K$163K12xas long as short
Gate TRX_USDT+0.0037%8h0.3448−0.033%$9.6M$2.4M75xas long as short
OKX TRX-USDT-SWAP+0.0041%8h0.3447−0.054%$15.6M$8.8M50xas long as short
Backpack TRX_USDC_PERP+0.0044%1h0.3447−0.051%$58K$4K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TRX_USDT+0.0045%8h0.3448−0.019%$18.3M$1.9M200xas long as short
Binance TRXUSDT+0.0047%8h0.3448−0.028%$99.7M$48.4M75xas long as short
Extended TRX-USD+0.0048%1h0.3446−0.064%$196K$1.1M25xas long as short
Paradex TRX-USD-PERP+0.0079%8h0.3447−0.045%$9K$38520xas long as short
Aevo TRX-PERP+0.0088%1h0.3446−0.084%$33K3xas long as short
Lighter TRX+0.0088%1h0.3447−0.051%$482K$628K10xas long as short
HTX TRX-USDT+0.0090%8h0.3447−0.062%$828K$734K75xas long as short
Orderly PERP_TRX_USDCshort+0.0091%8h0.3447−0.042%$14K$107K20x
Aster TRXUSDT+0.0096%8h0.3448−0.013%$957K$660K75xas long as short
Hyperliquid TRX+0.0100%1h0.3449+0.007%$13.2M$2.2M10xas long as short
Bybit TRXUSDT+0.0100%8h0.3447−0.039%$54.7M$8.0M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3447−0.054%$9.4M$2.1M75xas long as short
BingX TRX-USDC+0.0100%8h0.3448−0.033%$6.5Mas long as short
edgeX TRXUSDC+0.0100%4h0.3445−0.093%$589K$437K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3445−0.094%$115K$572K50xas long as short
SunX TRX-USDT+0.0100%8h0.3447−0.039%$196K$939K30xas long as short
SoDEX TRX-USD+0.0100%1h0.3448−0.025%$403$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3447−0.045%$3.8M$1.6M50xas long as short
BloFin TRX-USDT+0.0164%8h0.3447−0.056%$4.6M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0173%1h0.3450+0.040%$2.1M$1.2M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0367% / S −0.0395%1h0.3448−0.022%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0478%1h0.3451+0.069%$833K$417K25xas long as short