Funding you earn now, next payment 00:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h +0.031%
Price spread now: dYdX against Aevo+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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. dYdX is 0.054% dearer against Aevo than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TRX-PERP | 0.3441 | 0.0088 | pay 0.0011% / 1h | 54m 50s | $33K | — | 3x |
| Short | dYdX TRX-USD | 0.3442 | 0 | get 0.0000% / 1h | 54m 50s | $181K | $10K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Aevo. 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
- −$18.48
- Price spread: +0.054% → 0.000%
- $5.45
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$39.03
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; dYdX: live order book, 24 min ago. 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 dYdX live order book, 24 min ago | 60.16 bp | 69.8 bp −$70 | 124.3 bp −$1,243 | 153.7 bp −$15.4K | 394.6 bp −$197.3K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack TRX_USDC_PERP | −0.0150% | 1h | 0.3442 | +0.032% | $58K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0146% | 1h | 0.3441 | +0.011% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3442 | +0.039% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0087% | 8h | 0.3442 | +0.043% | $8.7M | $3.7M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.040% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0060% | 8h | 0.3440 | −0.017% | $563K | $38K | — | as long as short |
| Bybit TRXUSDT | −0.0043% | 8h | 0.3442 | +0.029% | $54.6M | $8.1M | 75x | as long as short |
| HTX TRX-USDT | −0.0026% | 8h | 0.3440 | −0.031% | $826K | $723K | 75x | as long as short |
| dYdX TRX-USDshort | 0.0000% | 1h | 0.3442 | +0.054% | $181K | $10K | 10x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3444 | +0.088% | $121K | — | 150x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0003% | 8h | 0.3442 | +0.052% | $15.6M | $8.7M | 50x | as long as short |
| MEXC TRX_USDT | +0.0021% | 8h | 0.3442 | +0.052% | $18.1M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0021% | 8h | 0.3442 | +0.050% | $99.3M | $47.8M | 75x | as long as short |
| Extended TRX-USD | +0.0024% | 1h | 0.3442 | +0.033% | $196K | $1.1M | 25x | as long as short |
| Aster TRXUSDT | +0.0030% | 8h | 0.3443 | +0.067% | $956K | $659K | 75x | as long as short |
| Lighter TRX | +0.0040% | 1h | 0.3442 | +0.040% | $482K | $630K | 10x | as long as short |
| SoDEX TRX-USD | +0.0044% | 1h | 0.3442 | +0.052% | $403 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0049% | 8h | 0.3442 | +0.036% | $9K | $385 | 20x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3444 | +0.104% | $1.9M | $1.0M | 25x | as long as short |
| Phemex TRXUSDT | +0.0075% | 8h | 0.3442 | +0.049% | $3.8M | $1.6M | 50x | as long as short |
| BloFin TRX-USDT | +0.0085% | 8h | 0.3442 | +0.029% | $4.6M | $4.0M | 50x | as long as short |
| Gate TRX_USDT | +0.0086% | 8h | 0.3443 | +0.064% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERPlong | +0.0088% | 1h | 0.3441 | long leg | $33K | — | 3x | |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3442 | +0.035% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3444 | +0.104% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3443 | +0.058% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3442 | +0.029% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.002% | $587K | $429K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3440 | −0.015% | $115K | $556K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3445 | +0.113% | $196K | $917K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0331% | 1h | 0.3446 | +0.151% | $829K | $414K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0365% / S −0.0395% | 1h | 0.3443 | +0.076% | $20K | — | 100x | as long as short |
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Phoenix TRX
Variational Omni TRX
Bybit TRXUSDT
HTX TRX-USDT
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
Aster TRXUSDT
Lighter TRX
SoDEX TRX-USD
Paradex TRX-USD-PERP
Kraken Futures PF_TRXUSD
Phemex TRXUSDT
BloFin TRX-USDT
Gate TRX_USDT
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]