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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against SunX−0.088%7-day average +0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$790.794% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.111%+$11 on $10k
Price spread, last 3 days (all we have)+0.338%+$34 · spread now −0.088%, 7d avg +0.111%
Together, before fees+0.450%+$45 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: ApeX Omni is 0.199% cheaper against SunX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRX-USDT0.34430.0100pay 0.0100% / 8h2h 07m$196K$919K30x
ShortApeX Omni TRXUSDT0.34400.0100get 0.0013% / 1h7m 13s$115K$544K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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: −0.088% → +0.111%
−$19.91
Slippage, 4 orders
−$61.36
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$99.28
Costs to cover
0.794%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; ApeX Omni: live order book, 15 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 SunX live order book, 5 min ago6.51 bp19.1 bp −$1926.5 bp −$265doesn't fitdoesn't fit
Sell ApeX Omni live order book, 15 min ago6.68 bp16.9 bp −$17108.1 bp −$1,081doesn'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%1h0.3440−0.096%$520xas long as short
Variational Omni TRX−0.0087%8h0.3440−0.076%$563K$39Kas long as short
Bybit TRXUSDT−0.0085%8h0.3440−0.077%$54.7M$8.2M75xas long as short
Phoenix TRX−0.0070%1h0.3442−0.019%$5K$13K10xas long as short
Backpack TRX_USDC_PERP−0.0052%1h0.3441−0.068%$58K$4K10xas long as short
Injective TRX/USDC PERP−0.0048%1h0.3440−0.088%$1K$129K12xas long as short
Aster TRXUSDT−0.0032%8h0.3441−0.059%$951K$638K75xas long as short
HTX TRX-USDT−0.0022%8h0.3440−0.090%$826K$711K75xas long as short
KuCoin TRXUSDTM0.0000%8h0.3440−0.085%$8.7M$3.6M75xas long as short
MEXC TRX_USDT+0.0003%8h0.3441−0.056%$17.9M$1.7M200xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3442−0.038%$121K150xas long as short
Binance TRXUSDT+0.0004%8h0.3441−0.060%$99.3M$49.0M75xas long as short
OKX TRX-USDT-SWAP+0.0008%8h0.3439−0.109%$15.5M$8.8M50xas long as short
Lighter TRX+0.0008%1h0.3440−0.077%$482K$639K10xas long as short
Extended TRX-USD+0.0008%1h0.3439−0.108%$196K$1.1M25xas long as short
BloFin TRX-USDT+0.0017%8h0.3441−0.053%$4.6M$4.0M50xas long as short
SoDEX TRX-USD+0.0044%1h0.3441−0.068%$403$5K5xas long as short
Paradex TRX-USD-PERP+0.0060%8h0.3441−0.071%$9K$38520xas long as short
BingX TRX-USDC+0.0076%8h0.3441−0.062%$6.5Mas long as short
Phemex TRXUSDT+0.0077%8h0.3441−0.059%$3.8M$1.6M50xas long as short
Aevo TRX-PERP+0.0080%1h0.3439−0.113%$33K3xas long as short
Bitget TRXUSDT+0.0083%8h0.3441−0.065%$9.4M$2.1M75xas long as short
Kraken Futures PF_TRXUSD+0.0087%1h0.3442−0.022%$1.9M$977K25xas long as short
Orderly PERP_TRX_USDC+0.0089%8h0.3441−0.059%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3442−0.030%$13.2M$2.2M10xas long as short
Gate TRX_USDT+0.0100%8h0.3440−0.077%$9.7M$2.5M75xas long as short
edgeX TRXUSDC+0.0100%4h0.3441−0.060%$587K$435K20xas long as short
ApeX Omni TRXUSDTshort+0.0100%1h0.3440−0.088%$115K$544K50x
SunX TRX-USDTlong+0.0100%8h0.3443long leg$196K$919K30x
dYdX TRX-USD+0.0109%1h0.3443−0.011%$181K$10K10xas long as short
Deribit TRX_USDC-PERPETUAL+0.0322%1h0.3445+0.047%$832K$411K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3442−0.040%$20K100xas long as short