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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0277%/8h= +30.4% APRpaid last 24h +0.035%
Price spread now: BloFin against SoDEX+0.003%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TRX-USD0.3461−0.0057get 0.0007% / 1h47m 04s$406$5K5x
ShortBloFin TRX-USDT0.34610.0220get 0.0220% / 8h4h 47m$4.8M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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
$58.22
Price spread: +0.003% → 0.000%
$0.29
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$38.51
Costs to cover
0.200%
Break-even
2.4 days
Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 5 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 SoDEX no order-book sample
Sell BloFin live order book, 5 min ago0.14 bp6.1 bp −$66.5 bp −$6524.1 bp −$2,406doesn't fit
SoDEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDT−0.0345%8h0.3461+0.004%$977K$994K75xas long as short
Kraken Futures PF_TRXUSD−0.0302%1h0.3462+0.021%$2.3M$1.8M25xas long as short
HTX TRX-USDT−0.0165%8h0.3460−0.026%$825K$900K75xas long as short
Backpack TRX_USDC_PERP−0.0152%1h0.3460−0.017%$57K$8K10xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3459−0.046%$520xas long as short
Bybit TRXUSDT−0.0100%8h0.3459−0.052%$53.3M$13.8M75xas long as short
BingX TRX-USDC−0.0081%8h0.3461−0.012%$6.5Mas long as short
Phoenix TRX−0.0069%1h0.3463+0.055%$5K$14K10xas long as short
SoDEX TRX-USDlong−0.0057%1h0.3461long leg$406$5K5x
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3462+0.036%$136K150xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TRXUSDT+0.0024%8h0.3459−0.043%$9.7M$4.5M75xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.578%$1K$163K12xas long as short
Paradex TRX-USD-PERP+0.0071%8h0.3460−0.019%$9K$5220xas long as short
Lighter TRX+0.0096%1h0.3461+0.012%$483K$669K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3461+0.003%$14K$71K20xas long as short
Hyperliquid TRX+0.0100%1h0.3465+0.107%$14.2M$2.8M10xas long as short
Binance TRXUSDT+0.0100%8h0.3461+0.008%$104.9M$66.1M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3461−0.012%$15.2M$11.9M50xas long as short
Gate TRX_USDT+0.0100%8h0.3461−0.012%$9.4M$3.4M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3461+0.009%$18.4M$2.5M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3462+0.014%$8.3M$3.6M75xas long as short
Variational Omni TRX+0.0100%8h0.3460−0.041%$568K$49Kas long as short
edgeX TRXUSDC+0.0100%4h0.3461+0.013%$590K$514K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3463+0.058%$116K$619K50xas long as short
SunX TRX-USDT+0.0100%8h0.3460−0.039%$197K$1.4M30xas long as short
Phemex TRXUSDT+0.0100%8h0.3461+0.006%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3459−0.054%$215K$1.4M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3459−0.056%$34K3xas long as short
BloFin TRX-USDTshort+0.0220%8h0.3461+0.003%$4.8M$4.0M50x
Deribit TRX_USDC-PERPETUAL+0.0388%1h0.3464+0.100%$788K$714K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0408% / S −0.0492%1h0.3462+0.037%$20K100xas long as short
dYdX TRX-USD+0.0475%1h0.3462+0.033%$181K$10K10xas long as short