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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.049%
Price spread now: SunX against KuCoin+0.017%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$690.685% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.258%+$26 on $10k
Price spread, last 3 days (all we have)−0.299%−$30 · spread now +0.017%, 7d avg −0.101%
Together, before fees−0.041%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.118% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TRXUSDTM0.34430.0100pay 0.0100% / 8h3h 31m$8.6M$3.5M75x
ShortSunX TRX-USDT0.34440.0100get 0.0100% / 8h3h 31m$196K$904K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: +0.017% → −0.101%
$11.83
Slippage, 4 orders
−$48.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$56.67
Costs to cover
0.685%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; SunX: live order book, 11 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 KuCoin live order book, 2 min ago0.29 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 11 min ago8.38 bp30.0 bp −$3038.2 bp −$382doesn't fitdoesn't fit

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%1h0.3442−0.031%$520xas long as short
BingX TRX-USDC−0.0113%8h0.3442−0.020%$6.5Mas long as short
Bybit TRXUSDT−0.0102%8h0.3442−0.032%$54.7M$7.6M75xas long as short
Variational Omni TRX−0.0081%8h0.3442−0.045%$564K$37Kas long as short
Phoenix TRX−0.0070%1h0.34430.000%$5K$13K10xas long as short
Aster TRXUSDT−0.0051%8h0.3443−0.017%$952K$632K75xas long as short
Injective TRX/USDC PERP−0.0048%1h0.3442−0.032%$1K$77K12xas long as short
HTX TRX-USDT−0.0028%8h0.3443−0.015%$829K$674K75xas long as short
Backpack TRX_USDC_PERP−0.0002%1h0.3443−0.009%$59K$5K10xas long as short
Extended TRX-USD0.0000%1h0.3442−0.035%$196K$1.1M25xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TRX_USDT0.0000%8h0.3443−0.015%$17.1M$1.6M200xas long as short
Binance TRXUSDT+0.0001%8h0.3443−0.010%$99.4M$49.4M75xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3444+0.033%$121K150xas long as short
OKX TRX-USDT-SWAP+0.0005%8h0.3442−0.023%$15.6M$8.6M50xas long as short
Lighter TRX+0.0008%1h0.3443−0.017%$484K$624K10xas long as short
SoDEX TRX-USD+0.0009%1h0.3443−0.015%$402$5K5xas long as short
dYdX TRX-USD+0.0020%1h0.3445+0.050%$183K$6K10xas long as short
Paradex TRX-USD-PERP+0.0038%8h0.3443−0.015%$9K$38420xas long as short
BloFin TRX-USDT+0.0057%8h0.3441−0.049%$4.6M$4.0M50xas long as short
Bitget TRXUSDT+0.0067%8h0.3442−0.029%$9.4M$2.1M75xas long as short
Aevo TRX-PERP+0.0080%1h0.3442−0.044%$33K3xas long as short
Orderly PERP_TRX_USDC+0.0086%8h0.3443−0.003%$14K$107K20xas long as short
Gate TRX_USDT+0.0088%8h0.3443−0.009%$9.7M$2.5M75xas long as short
Phemex TRXUSDT+0.0090%8h0.3443+0.003%$3.7M$1.5M50xas long as short
Hyperliquid TRX+0.0100%1h0.3445+0.052%$13.3M$2.2M10xas long as short
KuCoin TRXUSDTMlong+0.0100%8h0.3443long leg$8.6M$3.5M75x
edgeX TRXUSDC+0.0100%4h0.3441−0.052%$587K$443K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3442−0.046%$115K$534K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3444+0.017%$196K$904K30x
Kraken Futures PF_TRXUSD+0.0116%1h0.3445+0.047%$1.8M$967K25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0243%1h0.3447+0.100%$829K$409K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0334% / S −0.0340%1h0.3444+0.025%$18K100xas long as short