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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.030%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TRX-USDT0.34840.0100pay 0.0100% / 8h7h 21m$198K$1.4M30x
ShortKuCoin TRXUSDTM0.34870.0100get 0.0100% / 8h7h 21m$8.5M$3.3M75x

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 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: +0.085% → +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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 2 min ago14.43 bp26.9 bp −$2735.5 bp −$355doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago0.57 bp16.6 bp −$1762.1 bp −$621doesn'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
HTX TRX-USDT−0.0191%8h0.3484+0.008%$835K$956K75xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3485+0.025%$520xas long as short
Phoenix TRX−0.0046%1h0.3485+0.019%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3485+0.040%$183K$12K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3486+0.063%$126K150xas long as short
Kraken Futures PF_TRXUSD+0.0020%1h0.3487+0.080%$2.4M$1.9M25xas long as short
Aster TRXUSDT+0.0029%8h0.3481−0.096%$968K$827K75xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.233%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0047%1h0.3485+0.030%$62K$5K10xas long as short
BingX TRX-USDT+0.0070%8h0.3485+0.036%$32.5Mas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRX-USD-PERP+0.0096%8h0.3485+0.033%$9K$12320xas long as short
Lighter TRX+0.0096%1h0.3486+0.048%$489K$672K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3485+0.039%$14K$63K20xas long as short
Binance TRXUSDT+0.0100%8h0.3486+0.066%$107.2M$65.2M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3484+0.002%$53.5M$12.7M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3486+0.062%$15.6M$11.1M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486+0.048%$9.6M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486+0.062%$19.0M$2.4M200xas long as short
KuCoin TRXUSDTMshort+0.0100%8h0.3487+0.085%$8.5M$3.3M75x
Bitget TRXUSDT+0.0100%8h0.3485+0.028%$9.7M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3483−0.032%$577K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3483−0.029%$594K$502K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3485+0.019%$116K$616K50xas long as short
SunX TRX-USDTlong+0.0100%8h0.3484long leg$198K$1.4M30x
SoDEX TRX-USD+0.0100%1h0.3486+0.059%$404$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3486+0.062%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3485+0.019%$206K$1.2M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3484+0.002%$34K3xas long as short
Hyperliquid TRX+0.0126%1h0.3489+0.160%$13.4M$2.7M10xas long as short
BloFin TRX-USDT+0.0220%8h0.3485+0.036%$4.8M$4.1M50xas long as short
Deribit TRX_USDC-PERPETUAL+0.0238%1h0.3488+0.125%$809K$753K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3485+0.042%$20K100xas long as short