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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.042%
Price spread now: BingX against Aevo+0.052%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.052% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRX-PERP0.34420.0088pay 0.0011% / 1h32m 54s$33K3x
ShortBingX TRX-USDC0.34430.0100get 0.0100% / 8h32m 54s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$2.52
Price spread: +0.052% → 0.000%
$5.23
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BingX: 5 bp × 2 orders
−$10
Net
−$18.25
Costs to cover
0.260%
Break-even
57.7 days
Slippage unknown: Aevo: no order-book sample; BingX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell BingX live order book, 3 min ago0.73 bp6.7 bp −$729.2 bp −$292308.0 bp −$30.8Kdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRX/USDC PERP−0.0146%1h0.3441−0.017%$1K$163K12xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3443+0.039%$520xas long as short
KuCoin TRXUSDTM−0.0090%8h0.3443+0.035%$8.7M$3.7M75xas long as short
Backpack TRX_USDC_PERP−0.0082%1h0.3443+0.038%$58K$4K10xas long as short
Phoenix TRX−0.0070%1h0.3445+0.093%$5K$13K10xas long as short
Variational Omni TRX−0.0040%8h0.3442+0.015%$563K$36Kas long as short
HTX TRX-USDT−0.0026%8h0.3442+0.008%$827K$728K75xas long as short
Bybit TRXUSDT−0.0021%8h0.3442+0.020%$54.6M$8.0M75xas long as short
dYdX TRX-USD0.0000%1h0.3445+0.112%$181K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3445+0.086%$121K150xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRX-USDT-SWAP+0.0015%8h0.3443+0.049%$15.6M$8.7M50xas long as short
MEXC TRX_USDT+0.0028%8h0.3443+0.052%$18.2M$1.8M200xas long as short
Binance TRXUSDT+0.0029%8h0.3443+0.049%$99.3M$47.9M75xas long as short
Extended TRX-USD+0.0032%1h0.3443+0.033%$196K$1.1M25xas long as short
Aster TRXUSDT+0.0052%8h0.3444+0.078%$956K$659K75xas long as short
Kraken Futures PF_TRXUSD+0.0062%1h0.3445+0.097%$1.9M$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0065%8h0.3443+0.044%$9K$38520xas long as short
Phemex TRXUSDT+0.0084%8h0.3443+0.052%$3.8M$1.6M50xas long as short
Gate TRX_USDT+0.0085%8h0.3443+0.049%$9.6M$2.5M75xas long as short
Aevo TRX-PERPlong+0.0088%1h0.3442long leg$33K3x
Orderly PERP_TRX_USDC+0.0090%8h0.3443+0.041%$14K$107K20xas long as short
Lighter TRX+0.0096%1h0.3443+0.046%$482K$630K10xas long as short
Hyperliquid TRX+0.0100%1h0.3445+0.105%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3443+0.052%$9.5M$2.2M75xas long as short
BingX TRX-USDCshort+0.0100%8h0.3443+0.052%$6.5M
edgeX TRXUSDC+0.0100%4h0.3444+0.060%$588K$431K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3445+0.099%$115K$564K50xas long as short
SunX TRX-USDT+0.0100%8h0.3445+0.086%$196K$923K30xas long as short
SoDEX TRX-USD+0.0100%1h0.3443+0.052%$402$5K5xas long as short
BloFin TRX-USDT+0.0116%8h0.3443+0.041%$4.6M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3444+0.070%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0467%1h0.3447+0.166%$830K$414K25xas long as short