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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.070%
Price spread now: SunX against HTX−0.071%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1501.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.506%+$51 on $10k
Price spread, last 3 days (all we have)−0.074%−$7 · spread now −0.071%, 7d avg −0.056%
Together, before fees+0.432%+$43 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TRX-USDT0.34750.0100pay 0.0100% / 8h6h 01m$838K$814K75x
ShortSunX TRX-USDT0.34730.0100get 0.0100% / 8h6h 01m$197K$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against HTX. 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: −0.071% → −0.056%
−$1.45
Slippage, 4 orders
−$130.09
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$151.54
Costs to cover
1.501%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; SunX: live order book, 1 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 HTX live order book, 2 min ago4.33 bp11.1 bp −$1114.0 bp −$140doesn't fitdoesn't fit
Sell SunX live order book, 1 min ago23.29 bp45.2 bp −$4557.6 bp −$576doesn't fitdoesn't fit

TRX on 31 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%1h0.3478+0.069%$520xas long as short
Phoenix TRX−0.0046%1h0.3475−0.007%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3478+0.084%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3478+0.066%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.991%$1K$163K12xas long as short
KuCoin TRXUSDTM+0.0050%8h0.3479+0.091%$8.7M$3.5M75xas long as short
Backpack TRX_USDC_PERP+0.0084%1h0.3477+0.036%$59K$4K10xas long as short
Lighter TRX+0.0096%1h0.3477+0.053%$485K$663K10xas long as short
Orderly PERP_TRX_USDC+0.0097%8h0.3477+0.045%$14K$122K20xas long as short
Paradex TRX-USD-PERP+0.0098%8h0.3477+0.049%$9K$25120xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3479+0.105%$13.0M$2.5M10xas long as short
Aster TRXUSDT+0.0100%8h0.3477+0.050%$960K$673K75xas long as short
Binance TRXUSDT+0.0100%8h0.3478+0.069%$103.5M$53.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3478+0.082%$54.2M$10.6M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3478+0.082%$15.6M$9.0M50xas long as short
Gate TRX_USDT+0.0100%8h0.3478+0.070%$9.7M$2.8M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3478+0.059%$19.0M$2.1M200xas long as short
Bitget TRXUSDT+0.0100%8h0.3479+0.096%$10.3M$3.3M75xas long as short
BingX TRX-USDT+0.0100%8h0.3478+0.073%$32.8Mas long as short
Variational Omni TRX+0.0100%8h0.3473−0.074%$567K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3472−0.089%$592K$463K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3472−0.094%$115K$562K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3473−0.071%$197K$1.1M30x
SoDEX TRX-USD+0.0100%1h0.3478+0.070%$408$5K5xas long as short
HTX TRX-USDTlong+0.0100%8h0.3475long leg$838K$814K75x
Phemex TRXUSDT+0.0100%8h0.3478+0.070%$3.9M$1.7M50xas long as short
Extended TRX-USD+0.0104%1h0.3478+0.062%$194K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3476+0.004%$34K3xas long as short
GMX TRX/USD [ETH-USDC]L +0.0403% / S −0.0481%1h0.3477+0.049%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0523%1h0.3479+0.100%$2.3M$1.6M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0722%1h0.3481+0.163%$816K$478K25xas long as short