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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0092%/8hnext payment $0.92 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Gate0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 7 days−0.011%−$1 · spread now 0.000%, 7d avg +0.003%
Together, before fees−0.114%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRX_USDT0.34410.0080pay 0.0080% / 8h4h 05m$9.7M$2.5M75x
ShortMEXC TRX_USDT0.3441−0.0012pay 0.0012% / 8h4h 05m$17.1M$1.6M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
−$19.32
Price spread: 0.000% → +0.003%
−$0.27
Slippage, 4 orders
−$9.82
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$48.41
Costs to cover
0.288%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 2 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 Gate live order book, 2 min ago1.02 bp12.4 bp −$1225.2 bp −$25231.2 bp −$3,11657.5 bp −$28.8K
Sell MEXC live order book, 2 min ago0.14 bp2.1 bp −$22.4 bp −$2418.2 bp −$1,82037.0 bp −$18.5K

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
Backpack TRX_USDC_PERP−0.0199%1h0.3441+0.003%$60K$5K10xas long as short
BingX TRX-USDC−0.0146%8h0.3440−0.017%$6.5Mas long as short
Bybit TRXUSDT−0.0145%8h0.3440−0.029%$54.7M$7.7M75xas long as short
Injective TRX/USDC PERP−0.0135%1h0.3438−0.087%$1K$79K12xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3440−0.022%$520xas long as short
Phoenix TRX−0.0093%1h0.3443+0.044%$5K$13K10xas long as short
Variational Omni TRX−0.0084%8h0.3439−0.044%$564K$42Kas long as short
Aster TRXUSDT−0.0076%8h0.3441−0.006%$952K$617K75xas long as short
SoDEX TRX-USD−0.0068%1h0.3441−0.009%$402$5K5xas long as short
Kraken Futures PF_TRXUSD−0.0045%1h0.3443+0.062%$1.8M$947K25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TRX-USDT−0.0032%8h0.3440−0.031%$828K$662K75xas long as short
Extended TRX-USD−0.0016%1h0.3440−0.022%$195K$1.1M25xas long as short
Binance TRXUSDT−0.0012%8h0.3441−0.009%$99.3M$50.4M75xas long as short
MEXC TRX_USDTshort−0.0012%8h0.34410.000%$17.1M$1.6M200x
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3443+0.051%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0007%8h0.3440−0.029%$15.6M$8.7M50xas long as short
Paradex TRX-USD-PERP+0.0015%8h0.3441+0.002%$9K$38420xas long as short
Lighter TRX+0.0016%1h0.3440−0.032%$486K$624K10xas long as short
Bitget TRXUSDT+0.0056%8h0.3440−0.032%$9.4M$2.0M75xas long as short
Phemex TRXUSDT+0.0063%8h0.3441+0.003%$3.7M$1.5M50xas long as short
Gate TRX_USDTlong+0.0080%8h0.3441long leg$9.7M$2.5M75x
Aevo TRX-PERP+0.0080%1h0.3439−0.044%$33K3xas long as short
Orderly PERP_TRX_USDC+0.0084%8h0.3441+0.003%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3443+0.067%$13.3M$2.2M10xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3440−0.023%$8.6M$3.6M75xas long as short
edgeX TRXUSDC+0.0100%4h0.3441−0.006%$587K$444K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3440−0.038%$115K$535K50xas long as short
SunX TRX-USDT+0.0100%8h0.3443+0.060%$196K$907K30xas long as short
BloFin TRX-USDT+0.0107%8h0.3441+0.003%$4.6M$4.0M50xas long as short
dYdX TRX-USD+0.0196%1h0.3443+0.051%$183K$6K10xas long as short
GMX TRX/USD [ETH-USDC]L +0.0337% / S −0.0340%1h0.3442+0.043%$18K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0389%1h0.3445+0.119%$827K$378K25xas long as short