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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against edgeX+0.087%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.373% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.215%+$21 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.087%, 7d avg +0.030%
Together, before fees+0.174%+ Points / potential airdropedgeX: Active · farm board+$17 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: ApeX Omni is 0.057% dearer against edgeX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX TRXUSDC0.34800.0100pay 0.0050% / 4h1h 53m$593K$502K20x
ShortApeX Omni TRXUSDT0.34830.0100get 0.0013% / 1h53m 57s$117K$619K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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: +0.087% → +0.030%
$5.7
Slippage, 4 orders
−$18.34
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$31.64
Costs to cover
0.373%
Break-even
never at this rate
Slippage from edgeX: live order book, 57 min ago; ApeX Omni: live order book, 57 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 edgeX live order book, 57 min ago0.72 bp5.3 bp −$56.8 bp −$68doesn't fitdoesn't fit
Sell ApeX Omni live order book, 57 min ago4.59 bp12.5 bp −$12112.9 bp −$1,129doesn't fitdoesn't fit

TRX on 32 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDT−0.0322%8h0.3475−0.147%$962K$929K75xas long as short
HTX TRX-USDT−0.0217%8h0.3478−0.054%$832K$884K75xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3476−0.100%$520xas long as short
Backpack TRX_USDC_PERP−0.0066%1h0.3478−0.053%$57K$8K10xas long as short
Phoenix TRX−0.0023%1h0.3482+0.061%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3479−0.016%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3479−0.027%$137K150xas long as short
SoDEX TRX-USD+0.0013%1h0.3478−0.062%$405$5K5xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.114%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3478−0.045%$32.5Mas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRX-USD-PERP+0.0096%8h0.3477−0.072%$9K$5220xas long as short
Lighter TRX+0.0096%1h0.3478−0.056%$482K$656K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3477−0.071%$14K$71K20xas long as short
Hyperliquid TRX+0.0100%1h0.3482+0.064%$14.3M$2.7M10xas long as short
Binance TRXUSDT+0.0100%8h0.3478−0.054%$106.8M$63.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3477−0.079%$53.4M$13.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3478−0.056%$15.4M$11.4M50xas long as short
Gate TRX_USDT+0.0100%8h0.3478−0.059%$9.5M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3478−0.051%$19.1M$2.3M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3478−0.048%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3477−0.094%$9.7M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3478−0.062%$576K$28Kas long as short
edgeX TRXUSDClong+0.0100%4h0.3480long leg$593K$502K20x
ApeX Omni TRXUSDTshort+0.0100%1h0.3483+0.087%$117K$619K50x
SunX TRX-USDT+0.0100%8h0.3476−0.110%$197K$1.3M30xas long as short
Phemex TRXUSDT+0.0100%8h0.3479−0.022%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3476−0.096%$211K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3476−0.116%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3480+0.001%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0269%1h0.3478−0.058%$2.4M$1.8M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0348%1h0.3481+0.048%$805K$723K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0409% / S −0.0492%1h0.3479−0.016%$20K100xas long as short