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−0.0397%/8h= −43.4% APRnext payment $0.50 per $10,000 · paid last 24h −0.094%
Price spread now: gTrade (Gains Network) against GMX+0.001%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TRX/USD [ETH-USDC]0.3474L +0.0404% / S −0.0481%pay 0.0051% / 1h15m 22s$20K100x
ShortgTrade (Gains Network) TRX/USD0.3474L +0.0003% / S −0.0008%get 0.0001% / 1h15m 22s$122K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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
−$83.32
Price spread: +0.001% → 0.000%
$0.12
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$105.2
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 44 min ago. 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 GMX no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 44 min ago130.02 bp135.0 bp −$135205.2 bp −$2,0522197.0 bp −$219.7Kdoesn't fit
GMX: 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%1h0.3473−0.038%$520xas long as short
Phoenix TRX−0.0023%1h0.3473−0.036%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3474−0.002%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDshortL +0.0003% / S −0.0008%1h0.3474+0.001%$122K150x
Injective TRX/USDC PERP+0.0033%1h0.3441−0.962%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0040%1h0.3473−0.039%$62K$5K10xas long as short
BingX TRX-USDT+0.0070%8h0.3474−0.018%$32.8Mas long as short
Paradex TRX-USD-PERP+0.0092%8h0.3473−0.039%$9K$25120xas long as short
Lighter TRX+0.0096%1h0.3474−0.018%$485K$669K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3474−0.001%$15K$100K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TRX-USDT+0.0099%8h0.3472−0.081%$833K$855K75xas long as short
Hyperliquid TRX+0.0100%1h0.3477+0.069%$13.1M$2.6M10xas long as short
Aster TRXUSDT+0.0100%8h0.3473−0.035%$962K$696K75xas long as short
Binance TRXUSDT+0.0100%8h0.3475+0.010%$105.3M$58.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3474−0.013%$53.6M$11.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3475+0.007%$15.5M$9.9M50xas long as short
Gate TRX_USDT+0.0100%8h0.3474−0.013%$9.6M$3.0M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3474−0.021%$18.8M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3474−0.013%$8.6M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3475+0.005%$10.3M$3.3M75xas long as short
Variational Omni TRX+0.0100%8h0.3472−0.073%$568K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3473−0.053%$592K$474K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3476+0.031%$116K$565K50xas long as short
SunX TRX-USDT+0.0100%8h0.3472−0.061%$197K$1.2M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3473−0.036%$408$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3474−0.018%$3.9M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3472−0.063%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3473−0.049%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3473−0.050%$4.7M$3.9M50xas long as short
Kraken Futures PF_TRXUSD+0.0261%1h0.3474−0.003%$2.4M$1.7M25xas long as short
GMX TRX/USD [ETH-USDC]longL +0.0404% / S −0.0481%1h0.3474long leg$20K100x
Deribit TRX_USDC-PERPETUAL+0.0544%1h0.3477+0.074%$843K$504K25xas long as short