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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.006%
Price spread now: edgeX against Injective0.000%7-day average +0.192% · 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 7 days−0.101%−$10 on $10k
Price spread, last 3 days (all we have)+0.063%+$6 · spread now 0.000%, 7d avg +0.192%
Together, before fees−0.038%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.191% cheaper against Injective than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.192%). If the spread goes back, that is −$19 on $10k: about 2.9 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TRX/USDC PERP0.3441−0.0120get 0.0015% / 1h20m 37s$1K$163K12x
ShortedgeX TRXUSDC0.34410.0100get 0.0050% / 4h1h 20m$587K$431K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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
$46.3
Price spread: 0.000% → +0.192%
−$19.12
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$18.16
Costs to cover
0.090%
Break-even
4.3 days
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 63 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 Injective no order-book sample
Sell edgeX live order book, 63 min ago0.73 bp5.2 bp −$56.6 bp −$66doesn't fitdoesn't fit
Injective: 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%1h0.3441−0.005%$520xas long as short
Injective TRX/USDC PERPlong−0.0120%1h0.3441long leg$1K$163K12x
Variational Omni TRX−0.0078%8h0.3440−0.027%$563K$39Kas long as short
Phoenix TRX−0.0070%1h0.3442+0.041%$5K$13K10xas long as short
KuCoin TRXUSDTM−0.0055%8h0.3441−0.012%$8.7M$3.6M75xas long as short
Bybit TRXUSDT−0.0053%8h0.34410.000%$54.6M$8.2M75xas long as short
Backpack TRX_USDC_PERP−0.0025%1h0.3441−0.003%$58K$4K10xas long as short
HTX TRX-USDT−0.0018%8h0.3441−0.005%$826K$718K75xas long as short
dYdX TRX-USD0.0000%1h0.3442+0.041%$181K$10K10xas long as short
OKX TRX-USDT-SWAP+0.0001%8h0.3441+0.003%$15.6M$8.8M50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3443+0.049%$121K150xas long as short
Aster TRXUSDT+0.0008%8h0.3441+0.008%$957K$658K75xas long as short
Lighter TRX+0.0016%1h0.3441−0.006%$482K$637K10xas long as short
Extended TRX-USD+0.0016%1h0.3441−0.012%$196K$1.1M25xas long as short
MEXC TRX_USDT+0.0016%8h0.3441+0.012%$18.2M$1.7M200xas long as short
Binance TRXUSDT+0.0018%8h0.3442+0.023%$99.3M$48.3M75xas long as short
Kraken Futures PF_TRXUSD+0.0026%1h0.3443+0.065%$1.9M$1.0M25xas long as short
SoDEX TRX-USD+0.0037%1h0.3441+0.012%$405$5K5xas long as short
Paradex TRX-USD-PERP+0.0054%8h0.3441−0.008%$9K$38520xas long as short
BloFin TRX-USDT+0.0066%8h0.3442+0.015%$4.6M$4.0M50xas long as short
Phemex TRXUSDT+0.0077%8h0.3442+0.015%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0088%1h0.3440−0.040%$33K3xas long as short
Gate TRX_USDT+0.0089%8h0.3441−0.009%$9.6M$2.5M75xas long as short
Orderly PERP_TRX_USDC+0.0090%8h0.3441+0.009%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3443+0.052%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3442+0.023%$9.4M$2.0M75xas long as short
BingX TRX-USDT+0.0100%8h0.34410.000%$40.0Mas long as short
edgeX TRXUSDCshort+0.0100%4h0.34410.000%$587K$431K20x
ApeX Omni TRXUSDT+0.0100%1h0.3443+0.046%$115K$547K50xas long as short
SunX TRX-USDT+0.0100%8h0.3443+0.055%$196K$918K30xas long as short
Deribit TRX_USDC-PERPETUAL+0.0235%1h0.3444+0.100%$832K$411K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3442+0.029%$20K100xas long as short