Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.007%
Price spread now: Lighter against SunX+0.104%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$500.502% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 3 days (all we have)+0.113%+$11 · spread now +0.104%, 7d avg +0.094%
=Together, before fees−0.007%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TRX-USDT | 0.3473 | 0.0100 | pay 0.0100% / 8h | 6h 20m | $197K | $1.1M | 30x |
| Short | Lighter TRX | 0.3477 | 0.0096 | get 0.0012% / 1h | 20m 07s | $485K | $663K | 10x |
SunX TRX-USDT
Lighter TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.104% → +0.094%
- $1.03
- Slippage, 4 orders
- −$42.23
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.04
- Costs to cover
- 0.502%
- Break-even
- never at this rate
Slippage from SunX: live order book, 2 min ago; Lighter: live order book, 45 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 | 7.10 bp | 33.6 bp −$34 | 42.0 bp −$420 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 45 min ago | 1.30 bp | 3.1 bp −$3 | 8.7 bp −$87 | 43.2 bp −$4,317 | doesn't fit |
TRX on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3476 | +0.097% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3476 | +0.098% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3476 | +0.097% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3478 | +0.133% | $122K | — | 150x | as long as short |
| KuCoin TRXUSDTM | +0.0013% | 8h | 0.3477 | +0.110% | $8.7M | $3.5M | 75x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.921% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0068% | 1h | 0.3475 | +0.061% | $59K | $4K | 10x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3476 | +0.092% | — | $6.5M | — | as long as short |
| Orderly PERP_TRX_USDC | +0.0095% | 8h | 0.3477 | +0.121% | $14K | $122K | 20x | as long as short |
| Lighter TRXshort | +0.0096% | 1h | 0.3477 | +0.104% | $485K | $663K | 10x |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
KuCoin TRXUSDTM
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
BingX TRX-USDC
Orderly PERP_TRX_USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0098% | 8h | 0.3476 | +0.081% | $9K | $251 | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3477 | +0.115% | $13.0M | $2.5M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3476 | +0.092% | $960K | $672K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3476 | +0.087% | $103.2M | $52.9M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3476 | +0.095% | $54.7M | $10.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3476 | +0.092% | $15.6M | $9.0M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3476 | +0.090% | $9.7M | $2.7M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3476 | +0.075% | $18.7M | $2.0M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3477 | +0.104% | $10.3M | $3.3M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3475 | +0.054% | $567K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3472 | −0.038% | $593K | $451K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3472 | −0.031% | $115K | $561K | 50x | as long as short |
| SunX TRX-USDTlong | +0.0100% | 8h | 0.3473 | long leg | $197K | $1.1M | 30x | |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3476 | +0.072% | $407 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3473 | +0.003% | $835K | $807K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3476 | +0.098% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3477 | +0.119% | $194K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3475 | +0.058% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3478 | +0.136% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0523% | 1h | 0.3477 | +0.115% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0587% | 1h | 0.3480 | +0.210% | $806K | $468K | 25x | as long as short |
Paradex TRX-USD-PERP
Hyperliquid TRX
Aster TRXUSDT
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
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL