Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: HTX against Binance−0.108%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$310.315% of the position
Funding, last 7 days−0.293%−$29 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.108%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.066% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3465 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $101.9M | $49.7M | 75x |
| Short | HTX TRX-USDT | 0.3461 | 0.0100 | get 0.0100% / 8h | 6h 49m | $832K | $791K | 75x |
Binance TRXUSDT
HTX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Binance. 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
- $0
- Price spread: −0.108% → −0.043%
- −$6.56
- Slippage, 4 orders
- −$9.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$38.03
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; HTX: live order book, 20 min ago.
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 Binance live order book, 9 min ago | 0.14 bp | 5.4 bp −$5 | 10.5 bp −$105 | 40.6 bp −$4,062 | doesn't fit |
| Sell HTX live order book, 20 min ago | 4.41 bp | 10.5 bp −$10 | 15.6 bp −$156 | doesn't fit | doesn't fit |
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 | 0.3465 | −0.012% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3466 | +0.025% | $5K | $14K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0046% | 8h | 0.3466 | +0.007% | $8.7M | $3.5M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3466 | +0.035% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3465 | +0.005% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0011% | 1h | 0.3464 | −0.042% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.700% | $1K | $163K | 12x | as long as short |
| Orderly PERP_TRX_USDC | +0.0093% | 8h | 0.3463 | −0.059% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0095% | 8h | 0.3465 | −0.021% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3464 | −0.024% | $485K | $618K | 10x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
KuCoin TRXUSDTM
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3467 | +0.051% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3465 | −0.016% | $957K | $668K | 75x | as long as short |
| Binance TRXUSDTlong | +0.0100% | 8h | 0.3465 | long leg | $101.9M | $49.7M | 75x | |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3466 | +0.022% | $55.1M | $8.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3466 | +0.010% | $15.5M | $8.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3465 | +0.002% | $9.7M | $2.5M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3465 | −0.007% | $18.6M | $1.9M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3466 | +0.030% | $10.4M | $3.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3465 | −0.001% | — | $6.5M | — | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3465 | −0.008% | $565K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3463 | −0.057% | $591K | $443K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3464 | −0.021% | $115K | $567K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3462 | −0.099% | $197K | $1.0M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3465 | +0.002% | $406 | $5K | 5x | as long as short |
| HTX TRX-USDTshort | +0.0100% | 8h | 0.3461 | −0.108% | $832K | $791K | 75x | |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3465 | −0.004% | $3.9M | $1.6M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3465 | −0.016% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3463 | −0.059% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3465 | −0.001% | $4.6M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0402% / S −0.0481% | 1h | 0.3465 | −0.010% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0525% | 1h | 0.3466 | +0.030% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0604% | 1h | 0.3469 | +0.095% | $786K | $424K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL