Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.26 per $10,000 · paid last 24h +0.018%
Price spread now: SunX against OKX−0.074%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now −0.074%, 7d avg −0.089%
=The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRX-USDT-SWAP | 0.3456 | 0.0074 | pay 0.0074% / 8h | 7h 28m | $15.5M | $8.4M | 50x |
| Short | SunX TRX-USDT | 0.3453 | 0.0100 | get 0.0100% / 8h | 7h 28m | $196K | $949K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.52
- Price spread: −0.074% → −0.089%
- $1.47
- Slippage, 4 orders
- −$105.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$116.67
- Costs to cover
- 1.237%
- Break-even
- 155.1 days
Slippage from OKX: live order book, 5 min ago; SunX: live order book, 24 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 0.14 bp | 6.4 bp −$6 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell SunX live order book, 24 min ago | 15.48 bp | 53.2 bp −$53 | 72.5 bp −$725 | doesn't fit | doesn't fit |
TRX on 32 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3455 | −0.034% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0090% | 8h | 0.3455 | −0.032% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3454 | −0.052% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | +0.017% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3456 | +0.012% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.428% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0034% | 8h | 0.3454 | −0.053% | $565K | $36K | — | as long as short |
| Backpack TRX_USDC_PERP | +0.0050% | 1h | 0.3454 | −0.038% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | +0.0066% | 8h | 0.3454 | −0.050% | $830K | $753K | 75x | as long as short |
| MEXC TRX_USDT | +0.0067% | 8h | 0.3455 | −0.012% | $18.4M | $1.9M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0068% | 8h | 0.3455 | −0.010% | $100.5M | $47.7M | 75x | as long as short |
| Extended TRX-USD | +0.0072% | 1h | 0.3454 | −0.040% | $194K | $1.3M | 25x | as long as short |
| OKX TRX-USDT-SWAPlong | +0.0074% | 8h | 0.3456 | long leg | $15.5M | $8.4M | 50x | |
| Paradex TRX-USD-PERP | +0.0089% | 8h | 0.3455 | −0.022% | $9K | $358 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3455 | −0.026% | $15K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3455 | −0.029% | $483K | $630K | 10x | as long as short |
| Aevo TRX-PERP | +0.0096% | 1h | 0.3453 | −0.072% | $33K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3457 | +0.035% | $13.2M | $2.2M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3456 | +0.008% | $957K | $660K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3455 | −0.020% | $54.9M | $8.0M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3456 | −0.006% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3455 | −0.029% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3455 | −0.014% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3453 | −0.074% | $590K | $439K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3451 | −0.127% | $115K | $570K | 50x | as long as short |
| SunX TRX-USDTshort | +0.0100% | 8h | 0.3453 | −0.074% | $196K | $949K | 30x | |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3456 | −0.009% | $402 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3455 | −0.014% | $3.9M | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3457 | +0.033% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0187% | 8h | 0.3454 | −0.052% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3455 | −0.024% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0546% | 1h | 0.3459 | +0.091% | $835K | $407K | 25x | as long as short |
OKX TRX-USDT-SWAP
SunX TRX-USDT
KuCoin TRXUSDTM
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Variational Omni TRX
Backpack TRX_USDC_PERP
HTX TRX-USDT
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SoDEX TRX-USD
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL