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+0.0026%/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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TRX-USDT-SWAP0.34560.0074pay 0.0074% / 8h7h 28m$15.5M$8.4M50x
ShortSunX TRX-USDT0.34530.0100get 0.0100% / 8h7h 28m$196K$949K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.14 bp6.4 bp −$610.2 bp −$102doesn't fitdoesn't fit
Sell SunX live order book, 24 min ago15.48 bp53.2 bp −$5372.5 bp −$725doesn'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%1h0.3455−0.034%$520xas long as short
KuCoin TRXUSDTM−0.0090%8h0.3455−0.032%$8.7M$3.5M75xas long as short
Phoenix TRX−0.0046%1h0.3454−0.052%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3456+0.017%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3456+0.012%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.428%$1K$163K12xas long as short
Variational Omni TRX+0.0034%8h0.3454−0.053%$565K$36Kas long as short
Backpack TRX_USDC_PERP+0.0050%1h0.3454−0.038%$58K$4K10xas long as short
HTX TRX-USDT+0.0066%8h0.3454−0.050%$830K$753K75xas long as short
MEXC TRX_USDT+0.0067%8h0.3455−0.012%$18.4M$1.9M200xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TRXUSDT+0.0068%8h0.3455−0.010%$100.5M$47.7M75xas long as short
Extended TRX-USD+0.0072%1h0.3454−0.040%$194K$1.3M25xas long as short
OKX TRX-USDT-SWAPlong+0.0074%8h0.3456long leg$15.5M$8.4M50x
Paradex TRX-USD-PERP+0.0089%8h0.3455−0.022%$9K$35820xas long as short
Orderly PERP_TRX_USDC+0.0092%8h0.3455−0.026%$15K$107K20xas long as short
Lighter TRX+0.0096%1h0.3455−0.029%$483K$630K10xas long as short
Aevo TRX-PERP+0.0096%1h0.3453−0.072%$33K3xas long as short
Hyperliquid TRX+0.0100%1h0.3457+0.035%$13.2M$2.2M10xas long as short
Aster TRXUSDT+0.0100%8h0.3456+0.008%$957K$660K75xas long as short
Bybit TRXUSDT+0.0100%8h0.3455−0.020%$54.9M$8.0M75xas long as short
Gate TRX_USDT+0.0100%8h0.3456−0.006%$9.7M$2.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3455−0.029%$9.5M$2.1M75xas long as short
BingX TRX-USDC+0.0100%8h0.3455−0.014%$6.5Mas long as short
edgeX TRXUSDC+0.0100%4h0.3453−0.074%$590K$439K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3451−0.127%$115K$570K50xas long as short
SunX TRX-USDTshort+0.0100%8h0.3453−0.074%$196K$949K30x
SoDEX TRX-USD+0.0100%1h0.3456−0.009%$402$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3455−0.014%$3.9M$1.6M50xas long as short
Kraken Futures PF_TRXUSD+0.0172%1h0.3457+0.033%$2.3M$1.5M25xas long as short
BloFin TRX-USDT+0.0187%8h0.3454−0.052%$4.7M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0367% / S −0.0395%1h0.3455−0.024%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0546%1h0.3459+0.091%$835K$407K25xas long as short