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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0121%/8h= −13.2% APRpaid last 24h −0.066%
Price spread now: HTX against Aevo−0.055%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.055% cheaper against Aevo than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRX-PERP0.34870.0104pay 0.0013% / 1h35m 39s$34K3x
ShortHTX TRX-USDT0.3485−0.0017pay 0.0017% / 8h1h 35m$833K$938K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$25.34
Price spread: −0.055% → 0.000%
−$5.53
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee HTX: 6 bp × 2 orders
−$12
Net
−$58.87
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; HTX: live order book, 8 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 HTX live order book, 8 min ago2.42 bp8.4 bp −$817.9 bp −$179doesn't fitdoesn'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
Reya TRXRUSDPERP−0.0133%1h0.3488+0.017%$520xas long as short
HTX TRX-USDTshort−0.0017%8h0.3485−0.055%$833K$938K75x
dYdX TRX-USD0.0000%1h0.3490+0.086%$183K$12K10xas long as short
Phoenix TRX0.0000%1h0.3491+0.089%$5K$14K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3489+0.050%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.331%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3489+0.049%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3488+0.020%$487K$670K10xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3488+0.024%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3488+0.032%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3492+0.118%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3489+0.034%$966K$701K75xas long as short
Binance TRXUSDT+0.0100%8h0.3489+0.035%$107.4M$62.6M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3489+0.046%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3488+0.032%$15.5M$10.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3489+0.046%$9.7M$3.2M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3488+0.026%$19.6M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3490+0.066%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3488+0.006%$9.8M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.34870.000%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3489+0.043%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3489+0.041%$595K$461K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3490+0.075%$116K$582K50xas long as short
SunX TRX-USDT+0.0100%8h0.3487−0.008%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3489+0.034%$409$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3489+0.037%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3488+0.004%$205K$647K25xas long as short
Aevo TRX-PERPlong+0.0104%1h0.3487long leg$34K3x
BloFin TRX-USDT+0.0220%8h0.3490+0.075%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0252%1h0.3490+0.062%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0411% / S −0.0492%1h0.3489+0.059%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0850%1h0.3493+0.166%$907K$684K25xas long as short