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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.032%
Price spread now: Paradex against KuCoin−0.059%47s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.059% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRXUSDTM0.34830.0100pay 0.0100% / 8h5h 26m$8.6M$3.5M75x
ShortParadex TRX-USD-PERP0.34810.0099get 0.0099% / 8h5h 26m$9K$25120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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
−$0.15
Price spread: −0.059% → 0.000%
−$5.86
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$22.01
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 1 min ago; Paradex: 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 KuCoin live order book, 1 min ago0.57 bp15.1 bp −$1581.8 bp −$818doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h0.3481−0.057%$520xas long as short
Phoenix TRX−0.0023%1h0.3484+0.029%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3483−0.001%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3482−0.035%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.214%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3483−0.003%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3482−0.037%$486K$663K10xas long as short
Orderly PERP_TRX_USDC+0.0097%8h0.3482−0.052%$14K$122K20xas long as short
Paradex TRX-USD-PERPshort+0.0099%8h0.3481−0.059%$9K$25120x
Hyperliquid TRX+0.0100%1h0.3484+0.023%$13.1M$2.6M10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDT+0.0100%8h0.3482−0.051%$964K$691K75xas long as short
Binance TRXUSDT+0.0100%8h0.3483−0.017%$105.5M$56.3M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3482−0.034%$53.9M$11.3M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3483−0.006%$15.6M$9.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3483−0.011%$9.7M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3483−0.003%$18.7M$2.1M200xas long as short
KuCoin TRXUSDTMlong+0.0100%8h0.3483long leg$8.6M$3.5M75x
Bitget TRXUSDT+0.0100%8h0.3483−0.009%$10.4M$3.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3481−0.075%$59K$4K10xas long as short
Variational Omni TRX+0.0100%8h0.3485+0.043%$569K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3483−0.022%$594K$465K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3485+0.046%$116K$562K50xas long as short
SunX TRX-USDT+0.0100%8h0.3478−0.139%$198K$1.2M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3482−0.046%$412$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3480−0.101%$840K$816K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3482−0.049%$3.9M$1.8M50xas long as short
Extended TRX-USD+0.0104%1h0.3482−0.030%$198K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3480−0.094%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3482−0.043%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3482−0.049%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0584%1h0.3483−0.022%$2.4M$1.7M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0784%1h0.3486+0.070%$846K$502K25xas long as short