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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: SoDEX against Gate−0.026%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.026% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TRX_USDT0.34660.0100pay 0.0100% / 8h6h 46m$9.7M$2.6M75x
ShortSoDEX TRX-USD0.34650.0100get 0.0013% / 1h46m 58s$405$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0
Price spread: −0.026% → 0.000%
−$2.6
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$25.6
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago0.14 bp10.6 bp −$1127.5 bp −$27537.5 bp −$3,75063.6 bp −$31.8K
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
Reya TRXRUSDPERP−0.0133%1h0.3466−0.005%$520xas long as short
Phoenix TRX−0.0046%1h0.3466−0.006%$5K$14K10xas long as short
KuCoin TRXUSDTM−0.0042%8h0.3465−0.026%$8.7M$3.5M75xas long as short
dYdX TRX-USD0.0000%1h0.3466+0.004%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3467+0.007%$122K150xas long as short
Backpack TRX_USDC_PERP+0.0004%1h0.3465−0.043%$59K$4K10xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.730%$1K$163K12xas long as short
Orderly PERP_TRX_USDC+0.0093%8h0.3464−0.069%$15K$107K20xas long as short
Paradex TRX-USD-PERP+0.0096%8h0.3466−0.009%$9K$25120xas long as short
Lighter TRX+0.0096%1h0.3464−0.055%$485K$618K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3468+0.043%$13.2M$2.3M10xas long as short
Aster TRXUSDT+0.0100%8h0.3465−0.035%$957K$668K75xas long as short
Binance TRXUSDT+0.0100%8h0.3466−0.007%$101.9M$49.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3467+0.006%$55.1M$8.8M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3466−0.017%$15.5M$8.6M50xas long as short
Gate TRX_USDTlong+0.0100%8h0.3466long leg$9.7M$2.6M75x
MEXC TRX_USDT+0.0100%8h0.3465−0.026%$18.6M$1.9M200xas long as short
Bitget TRXUSDT+0.0100%8h0.3467+0.020%$10.4M$3.1M75xas long as short
BingX TRX-USDT+0.0100%8h0.3466−0.006%$32.9Mas long as short
Variational Omni TRX+0.0100%8h0.3465−0.039%$565K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3465−0.050%$591K$446K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3465−0.046%$115K$566K50xas long as short
SunX TRX-USDT+0.0100%8h0.3462−0.110%$197K$1.0M30xas long as short
SoDEX TRX-USDshort+0.0100%1h0.3465−0.026%$405$5K5x
HTX TRX-USDT+0.0100%8h0.3465−0.039%$833K$792K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3466−0.023%$3.9M$1.6M50xas long as short
Extended TRX-USD+0.0104%1h0.3465−0.023%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3464−0.062%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3465−0.032%$4.6M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0402% / S −0.0481%1h0.3466−0.014%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0525%1h0.3467+0.013%$2.3M$1.6M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0604%1h0.3470+0.093%$786K$424K25xas long as short