Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against SunX+0.085%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$740.744% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now +0.085%, 7d avg +0.091%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TRX-USDT | 0.3484 | 0.0100 | pay 0.0100% / 8h | 7h 21m | $198K | $1.4M | 30x |
| Short | KuCoin TRXUSDTM | 0.3487 | 0.0100 | get 0.0100% / 8h | 7h 21m | $8.5M | $3.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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
- $0
- Price spread: +0.085% → +0.091%
- −$0.59
- Slippage, 4 orders
- −$54.4
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$74.99
- Costs to cover
- 0.744%
- Break-even
- never at this rate
Slippage from SunX: live order book, 2 min ago; KuCoin: live order book, 6 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 SunX live order book, 2 min ago | 14.43 bp | 26.9 bp −$27 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.57 bp | 16.6 bp −$17 | 62.1 bp −$621 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.0191% | 8h | 0.3484 | +0.008% | $835K | $956K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3485 | +0.025% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3485 | +0.019% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3485 | +0.040% | $183K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3486 | +0.063% | $126K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0020% | 1h | 0.3487 | +0.080% | $2.4M | $1.9M | 25x | as long as short |
| Aster TRXUSDT | +0.0029% | 8h | 0.3481 | −0.096% | $968K | $827K | 75x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.233% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0047% | 1h | 0.3485 | +0.030% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3485 | +0.036% | — | $32.5M | — | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0096% | 8h | 0.3485 | +0.033% | $9K | $123 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3486 | +0.048% | $489K | $672K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3485 | +0.039% | $14K | $63K | 20x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3486 | +0.066% | $107.2M | $65.2M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3484 | +0.002% | $53.5M | $12.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3486 | +0.062% | $15.6M | $11.1M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3486 | +0.048% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3486 | +0.062% | $19.0M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTMshort | +0.0100% | 8h | 0.3487 | +0.085% | $8.5M | $3.3M | 75x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3485 | +0.028% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3483 | −0.032% | $577K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3483 | −0.029% | $594K | $502K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3485 | +0.019% | $116K | $616K | 50x | as long as short |
| SunX TRX-USDTlong | +0.0100% | 8h | 0.3484 | long leg | $198K | $1.4M | 30x | |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3486 | +0.059% | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3486 | +0.062% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3485 | +0.019% | $206K | $1.2M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3484 | +0.002% | $34K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0126% | 1h | 0.3489 | +0.160% | $13.4M | $2.7M | 10x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3485 | +0.036% | $4.8M | $4.1M | 50x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0238% | 1h | 0.3488 | +0.125% | $809K | $753K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3485 | +0.042% | $20K | — | 100x | as long as short |
SunX TRX-USDT
KuCoin TRXUSDTM
HTX TRX-USDT
Phoenix TRX
gTrade (Gains Network) TRX/USD
Kraken Futures PF_TRXUSD
Aster TRXUSDT
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
BingX TRX-USDT
Paradex TRX-USD-PERP
Lighter TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Hyperliquid TRX
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]