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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.017%
Price spread now: edgeX against Extended+0.050%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.184% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.050%, 7d avg +0.019%
Together, before fees+0.141%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$14 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: edgeX is 0.031% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TRX-USD0.34730.0104pay 0.0013% / 1h22m 57s$195K$1.0M25x
ShortedgeX TRXUSDC0.34750.0100get 0.0050% / 4h22m 57s$593K$472K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
−$0.84
Price spread: +0.050% → +0.019%
$3.08
Slippage, 4 orders
−$4.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$16.13
Costs to cover
0.184%
Break-even
never at this rate
Slippage from Extended: live order book, just now; edgeX: live order book, 36 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 Extended live order book, just now0.14 bp3.5 bp −$310.6 bp −$106doesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago1.15 bp5.7 bp −$67.4 bp −$74doesn'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%1h0.3474+0.008%$520xas long as short
Phoenix TRX−0.0023%1h0.3477+0.095%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3476+0.088%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3474+0.031%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.930%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0041%1h0.3473+0.002%$62K$5K10xas long as short
BingX TRX-USDT+0.0070%8h0.3474+0.034%$32.8Mas long as short
Paradex TRX-USD-PERP+0.0093%8h0.3475+0.037%$9K$25120xas long as short
Lighter TRX+0.0096%1h0.3474+0.023%$485K$669K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3474+0.020%$15K$100K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3477+0.097%$13.1M$2.6M10xas long as short
Aster TRXUSDT+0.0100%8h0.3476+0.069%$963K$696K75xas long as short
Binance TRXUSDT+0.0100%8h0.3474+0.030%$105.3M$58.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3474+0.020%$53.6M$11.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3474+0.028%$15.5M$9.8M50xas long as short
Gate TRX_USDT+0.0100%8h0.3474+0.020%$9.6M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3474+0.026%$18.8M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3475+0.049%$8.6M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3474+0.034%$10.3M$3.3M75xas long as short
Variational Omni TRX+0.0100%8h0.3475+0.044%$569K$37Kas long as short
edgeX TRXUSDCshort+0.0100%4h0.3475+0.050%$593K$472K20x
ApeX Omni TRXUSDT+0.0100%1h0.3476+0.077%$116K$564K50xas long as short
SunX TRX-USDT+0.0100%8h0.3473−0.014%$197K$1.2M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3474+0.026%$407$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3475+0.045%$834K$847K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3474+0.028%$3.9M$1.9M50xas long as short
Extended TRX-USDlong+0.0104%1h0.3473long leg$195K$1.0M25x
Aevo TRX-PERP+0.0104%1h0.3472−0.026%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3474+0.026%$4.7M$3.9M50xas long as short
Kraken Futures PF_TRXUSD+0.0261%1h0.3475+0.062%$2.4M$1.7M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3475+0.038%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0613%1h0.3478+0.129%$843K$504K25xas long as short