TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.050%

Price spread now: Backpack against Aevo+0.043%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Backpack is 0.043% dearer against Aevo than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TRX-PERP	0.3440	0.0080	pay 0.0010% / 1h	56m 40s	$33K	—	3x
Short	Backpack TRX_USDC_PERP	0.3441	0.0027	get 0.0003% / 1h	56m 40s	$58K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee BackpackbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$11.1
Price spread: +0.043% → 0.000%: $4.33
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$32.77
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Backpack: no order-book sample. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

Aevo and Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Reya TRXRUSDPERP	−0.0133%	1h	0.3441	+0.032%	$5	—	20x	as long as short
Injective TRX/USDC PERP	−0.0120%	1h	0.3442	+0.067%	$36K	$146K	12x	as long as short
Variational Omni TRX	−0.0087%	8h	0.3440	+0.019%	$563K	$39K	—	as long as short
SoDEX TRX-USD	−0.0085%	1h	0.3441	+0.046%	$400	$5K	5x	as long as short
Bybit TRXUSDT	−0.0082%	8h	0.3441	+0.038%	$54.7M	$8.2M	75x	as long as short
Phoenix TRX	−0.0070%	1h	0.3442	+0.072%	$5K	$13K	10x	as long as short
Aster TRXUSDT	−0.0027%	8h	0.3441	+0.044%	$952K	$638K	75x	as long as short
HTX TRX-USDT	−0.0020%	8h	0.3440	+0.002%	$826K	$712K	75x	as long as short
KuCoin TRXUSDTM	−0.0013%	8h	0.3442	+0.052%	$8.7M	$3.7M	75x	as long as short
Lighter TRX	0.0000%	1h	0.3442	+0.052%	$482K	$637K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRX-USD	0.0000%	1h	0.3443	+0.088%	$181K	$10K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3443	+0.085%	$121K	—	150x	as long as short
OKX TRX-USDT-SWAP	+0.0005%	8h	0.3441	+0.046%	$15.5M	$8.8M	50x	as long as short
MEXC TRX_USDT	+0.0005%	8h	0.3442	+0.055%	$18.2M	$1.7M	200x	as long as short
Binance TRXUSDT	+0.0006%	8h	0.3442	+0.064%	$99.3M	$48.9M	75x	as long as short
Extended TRX-USD	+0.0008%	1h	0.3441	+0.024%	$196K	$1.1M	25x	as long as short
BloFin TRX-USDT	+0.0023%	8h	0.3441	+0.049%	$4.7M	$4.0M	50x	as long as short
Kraken Futures PF_TRXUSD	+0.0026%	1h	0.3443	+0.094%	$1.9M	$975K	25x	as long as short
Backpack TRX_USDC_PERPshort	+0.0027%	1h	0.3441	+0.043%	$58K	$4K	10x
Paradex TRX-USD-PERP	+0.0055%	8h	0.3442	+0.057%	$9K	$385	20x	as long as short
Phemex TRXUSDT	+0.0075%	8h	0.3442	+0.064%	$3.8M	$1.6M	50x	as long as short
Aevo TRX-PERPlong	+0.0080%	1h	0.3440	long leg	$33K	—	3x
BingX TRX-USDC	+0.0082%	8h	0.3441	+0.040%	—	$6.5M	—	as long as short
Bitget TRXUSDT	+0.0085%	8h	0.3442	+0.052%	$9.4M	$2.1M	75x	as long as short
Orderly PERP_TRX_USDC	+0.0090%	8h	0.3442	+0.052%	$14K	$107K	20x	as long as short
Gate TRX_USDT	+0.0096%	8h	0.3441	+0.038%	$9.7M	$2.5M	75x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3443	+0.107%	$13.2M	$2.2M	10x	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3441	+0.044%	$587K	$432K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3441	+0.049%	$115K	$547K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3443	+0.107%	$196K	$919K	30x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0293%	1h	0.3446	+0.168%	$833K	$411K	25x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0366% / S −0.0395%	1h	0.3443	+0.087%	$20K	—	100x	as long as short