Funding you earn now, next payment 22:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Aevo against Kraken Futures−0.097%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.097% cheaper against Kraken Futures than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TRXUSD | 0.3440 | 0.0087 | pay 0.0011% / 1h | 30m 08s | $1.9M | $977K | 25x |
| Short | Aevo TRX-PERP | 0.3436 | 0.0080 | get 0.0010% / 1h | 30m 08s | $33K | — | 3x |
Kraken Futures PF_TRXUSD
Aevo TRX-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Kraken Futures. 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
- −$1.43
- Price spread: −0.097% → 0.000%
- −$9.73
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$37.15
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; Aevo: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 3 min ago | 2.33 bp | 9.1 bp −$9 | 17.8 bp −$178 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3437 | −0.068% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0089% | 8h | 0.3437 | −0.075% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0086% | 8h | 0.3436 | −0.094% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3439 | −0.014% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.0054% | 8h | 0.3438 | −0.035% | $951K | $638K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0049% | 1h | 0.3438 | −0.055% | $58K | $5K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3439 | −0.017% | $1K | $100K | 12x | as long as short |
| HTX TRX-USDT | −0.0031% | 8h | 0.3437 | −0.081% | $825K | $708K | 75x | as long as short |
| Lighter TRX | −0.0008% | 1h | 0.3437 | −0.064% | $483K | $628K | 10x | as long as short |
| SoDEX TRX-USD | −0.0005% | 1h | 0.3438 | −0.052% | $402 | $5K | 5x | as long as short |
Reya TRXRUSDPERP
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Aster TRXUSDT
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
HTX TRX-USDT
Lighter TRX
SoDEX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | −0.0002% | 8h | 0.3438 | −0.042% | $99.3M | $49.1M | 75x | as long as short |
| MEXC TRX_USDT | −0.0002% | 8h | 0.3438 | −0.041% | $17.2M | $1.6M | 200x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3437 | −0.076% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3439 | −0.011% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0008% | 8h | 0.3437 | −0.064% | $15.6M | $8.8M | 50x | as long as short |
| KuCoin TRXUSDTM | +0.0029% | 8h | 0.3436 | −0.105% | $8.7M | $3.6M | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0043% | 8h | 0.3438 | −0.056% | $9K | $385 | 20x | as long as short |
| Bitget TRXUSDT | +0.0068% | 8h | 0.3438 | −0.061% | $9.4M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0068% | 8h | 0.3438 | −0.055% | — | $6.5M | — | as long as short |
| Phemex TRXUSDT | +0.0073% | 8h | 0.3438 | −0.046% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERPshort | +0.0080% | 1h | 0.3436 | −0.097% | $33K | — | 3x | |
| Kraken Futures PF_TRXUSDlong | +0.0087% | 1h | 0.3440 | long leg | $1.9M | $977K | 25x | |
| Orderly PERP_TRX_USDC | +0.0088% | 8h | 0.3438 | −0.046% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3440 | +0.006% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3438 | −0.043% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3438 | −0.056% | $587K | $436K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3439 | −0.014% | $115K | $541K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3441 | +0.052% | $196K | $916K | 30x | as long as short |
| BloFin TRX-USDT | +0.0118% | 8h | 0.3439 | −0.014% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0156% | 1h | 0.3439 | −0.027% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0323% | 1h | 0.3442 | +0.068% | $828K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3439 | −0.016% | $20K | — | 100x | as long as short |
Binance TRXUSDT
MEXC TRX_USDT
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
KuCoin TRXUSDTM
Paradex TRX-USD-PERP
Bitget TRXUSDT
BingX TRX-USDC
Phemex TRXUSDT
Orderly PERP_TRX_USDC
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
dYdX TRX-USD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]