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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.031%
Price spread now: SoDEX against dYdX−0.046%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.046% cheaper against dYdX than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 37 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRX-USD0.34830get 0.0000% / 1h41m 51s$183K$12K10x
ShortSoDEX TRX-USD0.34820.0100get 0.0013% / 1h41m 51s$405$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.046% → 0.000%
−$4.62
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$1.62
Costs to cover
0.180%
Break-even
7.5 days
Slippage unknown: dYdX: live order book, 57 min ago; SoDEX: 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, 57 min ago66.39 bp85.9 bp −$8686.6 bp −$86694.1 bp −$9,411348.2 bp −$174.1K
Sell SoDEX no order-book sample
SoDEX: 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
HTX TRX-USDT−0.0237%8h0.3481−0.077%$834K$959K75xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3481−0.067%$520xas long as short
Phoenix TRX−0.0046%1h0.3483−0.003%$5K$14K10xas long as short
dYdX TRX-USDlong0.0000%1h0.3483long leg$183K$12K10x
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3482−0.035%$126K150xas long as short
Kraken Futures PF_TRXUSD+0.0020%1h0.3483−0.025%$2.4M$1.9M25xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.217%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0034%1h0.3482−0.055%$62K$5K10xas long as short
BingX TRX-USDC+0.0070%8h0.3482−0.035%$6.5Mas long as short
Paradex TRX-USD-PERP+0.0093%8h0.3481−0.055%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX+0.0096%1h0.3482−0.052%$487K$671K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3482−0.046%$14K$63K20xas long as short
Hyperliquid TRX+0.0100%1h0.3486+0.069%$13.4M$2.8M10xas long as short
Aster TRXUSDT+0.0100%8h0.3479−0.132%$968K$753K75xas long as short
Binance TRXUSDT+0.0100%8h0.3482−0.046%$107.0M$65.2M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3482−0.040%$53.5M$12.8M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3482−0.046%$15.6M$11.0M50xas long as short
Gate TRX_USDT+0.0100%8h0.3481−0.069%$9.6M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3482−0.038%$19.0M$2.3M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3482−0.046%$8.5M$3.3M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3481−0.078%$9.7M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3481−0.071%$577K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3482−0.044%$594K$503K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3484+0.008%$116K$611K50xas long as short
SunX TRX-USDT+0.0100%8h0.3480−0.099%$198K$1.4M30xas long as short
SoDEX TRX-USDshort+0.0100%1h0.3482−0.046%$405$5K5x
Phemex TRXUSDT+0.0100%8h0.3482−0.046%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3481−0.077%$205K$1.2M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3480−0.109%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3482−0.038%$4.8M$4.1M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3482−0.030%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0660%1h0.3486+0.076%$842K$721K25xas long as short