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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0307%/8h= +33.6% APRnext payment +$0.38 per $10,000 · paid last 24h +0.069%
Price spread now: GMX against Aevo+0.096%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 3 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 +$9 a day on $10k at the current rate, and GMX is 0.096% dearer against Aevo than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRX-PERP0.34380.0088pay 0.0011% / 1h12m 45s$33K3x
ShortGMX TRX/USD [ETH-USDC]0.3441L +0.0366% / S −0.0395%get 0.0049% / 1h12m 45s$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$64.41
Price spread: +0.096% → 0.000%
$9.6
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$46.01
Costs to cover
0.280%
Break-even
2.0 days
Slippage unknown: Aevo: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell GMX no order-book sample
Aevo and GMX: 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
Reya TRXRUSDPERP−0.0133%1h0.3439+0.046%$520xas long as short
Injective TRX/USDC PERP−0.0120%1h0.3441+0.099%$1K$163K12xas long as short
KuCoin TRXUSDTM−0.0071%8h0.3439+0.033%$8.7M$3.6M75xas long as short
Phoenix TRX−0.0070%1h0.3441+0.099%$5K$13K10xas long as short
Variational Omni TRX−0.0070%8h0.3439+0.043%$562K$39Kas long as short
Bybit TRXUSDT−0.0054%8h0.3439+0.047%$54.6M$8.2M75xas long as short
Backpack TRX_USDC_PERP−0.0032%1h0.3440+0.076%$58K$4K10xas long as short
HTX TRX-USDT−0.0021%8h0.3438+0.005%$826K$720K75xas long as short
OKX TRX-USDT-SWAP−0.0002%8h0.3440+0.065%$15.6M$8.8M50xas long as short
dYdX TRX-USD0.0000%1h0.3442+0.141%$181K$10K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3441+0.107%$121K150xas long as short
Lighter TRX+0.0008%1h0.3439+0.050%$482K$637K10xas long as short
Aster TRXUSDT+0.0013%8h0.3440+0.079%$956K$659K75xas long as short
Extended TRX-USD+0.0016%1h0.3439+0.039%$196K$1.1M25xas long as short
Binance TRXUSDT+0.0016%8h0.3440+0.065%$99.3M$48.2M75xas long as short
MEXC TRX_USDT+0.0017%8h0.3440+0.067%$18.2M$1.7M200xas long as short
SoDEX TRX-USD+0.0019%1h0.3440+0.065%$399$5K5xas long as short
Kraken Futures PF_TRXUSD+0.0026%1h0.3441+0.101%$1.9M$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0038%8h0.3440+0.057%$9K$38520xas long as short
BloFin TRX-USDT+0.0065%8h0.3440+0.065%$4.6M$4.0M50xas long as short
Phemex TRXUSDT+0.0075%8h0.3440+0.079%$3.8M$1.6M50xas long as short
Gate TRX_USDT+0.0084%8h0.3440+0.059%$9.6M$2.5M75xas long as short
Aevo TRX-PERPlong+0.0088%1h0.3438long leg$33K3x
Orderly PERP_TRX_USDC+0.0090%8h0.3440+0.070%$14K$107K20xas long as short
Hyperliquid TRX+0.0100%1h0.3441+0.113%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3440+0.059%$9.4M$2.0M75xas long as short
BingX TRX-USDT+0.0100%8h0.3440+0.079%$40.0Mas long as short
edgeX TRXUSDC+0.0100%4h0.3440+0.066%$587K$432K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3439+0.050%$115K$548K50xas long as short
SunX TRX-USDT+0.0100%8h0.3442+0.116%$196K$919K30xas long as short
GMX TRX/USD [ETH-USDC]shortL +0.0366% / S −0.0395%1h0.3441+0.096%$20K100x
Deribit TRX_USDC-PERPETUAL+0.0453%1h0.3444+0.184%$832K$411K25xas long as short