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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
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: Binance against HTX+0.075%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$350.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.293%+$29 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.075%, 7d avg +0.041%
Together, before fees+0.376%+$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TRX-USDT0.34710.0100pay 0.0100% / 8h4h 53m$834K$839K75x
ShortBinance TRXUSDT0.34730.0100get 0.0100% / 8h4h 53m$105.1M$58.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$0
Price spread: +0.075% → +0.041%
$3.41
Slippage, 4 orders
−$12.51
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$31.1
Costs to cover
0.345%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; Binance: live order book, 4 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 HTX live order book, 5 min ago4.52 bp11.8 bp −$1215.5 bp −$155doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.14 bp7.0 bp −$711.2 bp −$11237.9 bp −$3,791doesn'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%1h0.3472+0.030%$520xas long as short
Phoenix TRX−0.0023%1h0.3475+0.107%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3473+0.057%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3473+0.056%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.861%$1K$163K12xas long as short
Backpack TRX_USDC_PERP+0.0070%1h0.3473+0.055%$62K$5K10xas long as short
BingX TRX-USDC+0.0070%8h0.3473+0.067%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3473+0.075%$484K$664K10xas long as short
Orderly PERP_TRX_USDC+0.0098%8h0.3473+0.058%$15K$111K20xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3472+0.037%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3476+0.148%$13.1M$2.6M10xas long as short
Aster TRXUSDT+0.0100%8h0.3473+0.052%$963K$694K75xas long as short
Binance TRXUSDTshort+0.0100%8h0.3473+0.075%$105.1M$58.4M75x
Bybit TRXUSDT+0.0100%8h0.3472+0.032%$53.7M$11.6M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3473+0.064%$15.5M$9.6M50xas long as short
Gate TRX_USDT+0.0100%8h0.3473+0.070%$9.6M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3473+0.075%$18.8M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3474+0.093%$8.6M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3474+0.078%$10.3M$3.3M75xas long as short
Variational Omni TRX+0.0100%8h0.3472+0.030%$568K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3472+0.038%$592K$470K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3473+0.075%$116K$565K50xas long as short
SunX TRX-USDT+0.0100%8h0.3472+0.034%$197K$1.2M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3473+0.070%$413$5K5xas long as short
HTX TRX-USDTlong+0.0100%8h0.3471long leg$834K$839K75x
Phemex TRXUSDT+0.0100%8h0.3473+0.075%$3.9M$1.8M50xas long as short
Extended TRX-USD+0.0104%1h0.3472+0.044%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3471+0.008%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3473+0.070%$4.7M$3.9M50xas long as short
Kraken Futures PF_TRXUSD+0.0261%1h0.3474+0.090%$2.4M$1.7M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3473+0.070%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0639%1h0.3477+0.179%$844K$503K25xas long as short