TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h −0.001%

Price spread now: Aevo against Lighter−0.050%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.050% cheaper against Lighter than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TRX	0.3439	0.0008	pay 0.0001% / 1h	12m 37s	$482K	$637K	10x
Short	Aevo TRX-PERP	0.3438	0.0088	get 0.0011% / 1h	12m 37s	$33K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee AevobpOrdersPrice spread, now −0.050%Rate

Funding earned: $16.8
Price spread: −0.050% → 0.000%: −$5
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$4.2
Costs to cover: 0.160%
Break-even: 8.8 days

Slippage unknown: Lighter: live order book, 2 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 Lighter live order book, 2 min ago	0.73 bp	3.1 bp −$3	10.5 bp −$105	45.2 bp −$4,524	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	0.3439	−0.004%	$5	—	20x	as long as short
Injective TRX/USDC PERP	−0.0120%	1h	0.3441	+0.049%	$1K	$163K	12x	as long as short
KuCoin TRXUSDTM	−0.0072%	8h	0.3439	−0.020%	$8.7M	$3.6M	75x	as long as short
Phoenix TRX	−0.0070%	1h	0.3441	+0.049%	$5K	$13K	10x	as long as short
Variational Omni TRX	−0.0070%	8h	0.3439	−0.007%	$562K	$39K	—	as long as short
Bybit TRXUSDT	−0.0053%	8h	0.3439	−0.009%	$54.6M	$8.2M	75x	as long as short
Backpack TRX_USDC_PERP	−0.0032%	1h	0.3440	+0.026%	$58K	$4K	10x	as long as short
HTX TRX-USDT	−0.0021%	8h	0.3438	−0.045%	$826K	$720K	75x	as long as short
OKX TRX-USDT-SWAP	−0.0003%	8h	0.3440	+0.015%	$15.6M	$8.8M	50x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3442	+0.091%	$181K	$10K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3441	+0.057%	$121K	—	150x	as long as short
Lighter TRXlong	+0.0008%	1h	0.3439	long leg	$482K	$637K	10x
Aster TRXUSDT	+0.0013%	8h	0.3440	+0.029%	$956K	$659K	75x	as long as short
Extended TRX-USD	+0.0016%	1h	0.3439	−0.011%	$196K	$1.1M	25x	as long as short
MEXC TRX_USDT	+0.0016%	8h	0.3440	+0.023%	$18.2M	$1.7M	200x	as long as short
Binance TRXUSDT	+0.0016%	8h	0.3440	+0.017%	$99.3M	$48.2M	75x	as long as short
SoDEX TRX-USD	+0.0019%	1h	0.3440	+0.015%	$399	$5K	5x	as long as short
Kraken Futures PF_TRXUSD	+0.0026%	1h	0.3441	+0.050%	$1.9M	$1.0M	25x	as long as short
Paradex TRX-USD-PERP	+0.0037%	8h	0.3440	+0.008%	$9K	$385	20x	as long as short
BloFin TRX-USDT	+0.0065%	8h	0.3440	+0.015%	$4.6M	$4.0M	50x	as long as short
Phemex TRXUSDT	+0.0075%	8h	0.3440	+0.029%	$3.8M	$1.6M	50x	as long as short
Gate TRX_USDT	+0.0084%	8h	0.3440	+0.009%	$9.6M	$2.5M	75x	as long as short
Aevo TRX-PERPshort	+0.0088%	1h	0.3438	−0.050%	$33K	—	3x
Orderly PERP_TRX_USDC	+0.0090%	8h	0.3440	+0.020%	$14K	$107K	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3441	+0.063%	$13.2M	$2.2M	10x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3440	+0.012%	$9.4M	$2.0M	75x	as long as short
BingX TRX-USDC	+0.0100%	8h	0.3440	+0.023%	—	$6.5M	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3440	+0.016%	$587K	$432K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3439	0.000%	$115K	$548K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3442	+0.066%	$196K	$919K	30x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0366% / S −0.0395%	1h	0.3441	+0.046%	$20K	—	100x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0453%	1h	0.3444	+0.134%	$832K	$411K	25x	as long as short