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−0.0064%/8h= −7.0% APRpaid last 24h −0.081%
Price spread now: HTX against dYdX−0.080%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1671.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.735%−$73 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.080%, 7d avg −0.061%
Together, before fees−0.788%−$79 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TRX-USD0.34900get 0.0000% / 1h6m 39s$183K$12K10x
ShortHTX TRX-USDT0.3488−0.0064pay 0.0064% / 8h1h 06m$834K$942K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against dYdX. 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
−$13.34
Price spread: −0.080% → −0.061%
−$1.89
Slippage, 4 orders
−$145.04
Fee dYdX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$182.27
Costs to cover
1.670%
Break-even
never at this rate
Slippage from dYdX: live order book, 37 min ago; HTX: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 37 min ago63.34 bp77.7 bp −$78114.5 bp −$1,145177.0 bp −$17.7K427.1 bp −$213.6K
Sell HTX live order book, 37 min ago2.42 bp8.4 bp −$817.9 bp −$179doesn't fitdoesn't fit

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%1h0.3488−0.060%$520xas long as short
HTX TRX-USDTshort−0.0064%8h0.3488−0.080%$834K$942K75x
dYdX TRX-USDlong0.0000%1h0.3490long leg$183K$12K10x
Phoenix TRX0.0000%1h0.3491+0.003%$5K$14K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3490−0.021%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.415%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3489−0.040%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3489−0.035%$488K$671K10xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3490−0.024%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3490−0.023%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3493+0.060%$13.3M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3488−0.068%$968K$706K75xas long as short
Binance TRXUSDT+0.0100%8h0.3490−0.023%$107.5M$62.4M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3489−0.040%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3489−0.032%$15.6M$10.4M50xas long as short
Gate TRX_USDT+0.0100%8h0.3490−0.017%$9.7M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3490−0.020%$19.6M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3491+0.006%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3489−0.046%$9.8M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3489−0.052%$63K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3488−0.073%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3489−0.043%$595K$460K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3489−0.046%$116K$587K50xas long as short
SunX TRX-USDT+0.0100%8h0.3488−0.071%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3489−0.029%$412$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3490−0.015%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3488−0.068%$205K$593K25xas long as short
Aevo TRX-PERP+0.0104%1h0.3488−0.068%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3489−0.035%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0252%1h0.3490−0.014%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3490−0.024%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.1062%1h0.3494+0.113%$908K$687K25xas long as short