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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.070%
Price spread now: HTX against SunX+0.046%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$660.663% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.506%−$51 on $10k
Price spread, last 3 days (all we have)+0.099%+$10 · spread now +0.046%, 7d avg +0.056%
Together, before fees−0.407%−$41 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRX-USDT0.34630.0100pay 0.0100% / 8h6h 42m$197K$1.0M30x
ShortHTX TRX-USDT0.34640.0100get 0.0100% / 8h6h 42m$833K$794K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.046% → +0.056%
−$1.01
Slippage, 4 orders
−$46.26
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$67.27
Costs to cover
0.663%
Break-even
never at this rate
Slippage from SunX: live order book, just now; HTX: live order book, 26 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, just now13.94 bp24.6 bp −$2531.7 bp −$317doesn't fitdoesn't fit
Sell HTX live order book, 26 min ago4.41 bp10.5 bp −$1015.6 bp −$156doesn'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%1h0.3467+0.131%$520xas long as short
Phoenix TRX−0.0046%1h0.3468+0.143%$5K$14K10xas long as short
KuCoin TRXUSDTM−0.0031%8h0.3466+0.100%$8.7M$3.5M75xas long as short
dYdX TRX-USD0.0000%1h0.3464+0.046%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3467+0.109%$122K150xas long as short
Backpack TRX_USDC_PERP+0.0021%1h0.3466+0.077%$59K$4K10xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.631%$1K$163K12xas long as short
Orderly PERP_TRX_USDC+0.0093%8h0.3466+0.097%$14K$119K20xas long as short
Lighter TRX+0.0096%1h0.3465+0.059%$485K$618K10xas long as short
Paradex TRX-USD-PERP+0.0096%8h0.3464+0.044%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3469+0.166%$13.2M$2.3M10xas long as short
Aster TRXUSDT+0.0100%8h0.3466+0.099%$957K$669K75xas long as short
Binance TRXUSDT+0.0100%8h0.3466+0.088%$102.0M$50.4M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3467+0.111%$54.9M$9.4M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3466+0.103%$15.5M$8.6M50xas long as short
Gate TRX_USDT+0.0100%8h0.3466+0.100%$9.7M$2.6M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3466+0.085%$18.6M$1.9M200xas long as short
Bitget TRXUSDT+0.0100%8h0.3467+0.132%$10.4M$3.1M75xas long as short
BingX TRX-USDT+0.0100%8h0.3467+0.117%$32.9Mas long as short
Variational Omni TRX+0.0100%8h0.3466+0.090%$566K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3466+0.078%$591K$446K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3465+0.065%$115K$566K50xas long as short
SunX TRX-USDTlong+0.0100%8h0.3463long leg$197K$1.0M30x
SoDEX TRX-USD+0.0100%1h0.3466+0.088%$405$5K5xas long as short
HTX TRX-USDTshort+0.0100%8h0.3464+0.046%$833K$794K75x
Phemex TRXUSDT+0.0100%8h0.3466+0.088%$3.9M$1.7M50xas long as short
Extended TRX-USD+0.0104%1h0.3466+0.099%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3464+0.036%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3465+0.068%$4.6M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0403% / S −0.0481%1h0.3466+0.086%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0525%1h0.3468+0.138%$2.3M$1.6M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0595%1h0.3470+0.194%$809K$451K25xas long as short