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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h 0.000%
Price spread now: Aevo against Orderly−0.026%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.026% cheaper against Orderly than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TRX_USDC0.34430.0091pay 0.0091% / 8h30m 03s$14K$107K20x
ShortAevo TRX-PERP0.34420.0088get 0.0011% / 1h30m 03s$33K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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
−$0.58
Price spread: −0.026% → 0.000%
−$2.61
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$25.19
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Aevo no order-book sample
Orderly and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRX/USDC PERP−0.0146%1h0.3441−0.067%$1K$163K12xas long as short
Reya TRXRUSDPERP−0.0133%1h0.3443+0.005%$520xas long as short
KuCoin TRXUSDTM−0.0091%8h0.3444+0.009%$8.7M$3.6M75xas long as short
Backpack TRX_USDC_PERP−0.0078%1h0.3444+0.012%$58K$4K10xas long as short
Phoenix TRX−0.0070%1h0.3445+0.044%$5K$13K10xas long as short
Variational Omni TRX−0.0038%8h0.3443−0.006%$563K$36Kas long as short
HTX TRX-USDT−0.0024%8h0.3443−0.021%$827K$729K75xas long as short
Bybit TRXUSDT−0.0020%8h0.3444+0.020%$54.7M$8.0M75xas long as short
dYdX TRX-USD0.0000%1h0.3445+0.063%$181K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3445+0.048%$121K150xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TRX-USDT-SWAP+0.0018%8h0.3444+0.017%$15.6M$8.8M50xas long as short
MEXC TRX_USDT+0.0029%8h0.3444+0.035%$18.2M$1.8M200xas long as short
Binance TRXUSDT+0.0030%8h0.3444+0.030%$99.3M$47.9M75xas long as short
Extended TRX-USD+0.0032%1h0.3443−0.001%$196K$1.1M25xas long as short
Aster TRXUSDT+0.0057%8h0.3445+0.047%$956K$659K75xas long as short
Kraken Futures PF_TRXUSD+0.0062%1h0.3445+0.052%$1.9M$1.0M25xas long as short
Paradex TRX-USD-PERP+0.0067%8h0.3444+0.009%$9K$38520xas long as short
Phemex TRXUSDT+0.0084%8h0.3444+0.026%$3.8M$1.6M50xas long as short
Gate TRX_USDT+0.0085%8h0.3444+0.017%$9.6M$2.5M75xas long as short
Aevo TRX-PERPshort+0.0088%1h0.3442−0.026%$33K3x
Orderly PERP_TRX_USDClong+0.0091%8h0.3443long leg$14K$107K20x
SoDEX TRX-USD+0.0092%1h0.3444+0.017%$400$5K5xas long as short
Lighter TRX+0.0096%1h0.3444+0.012%$482K$630K10xas long as short
Hyperliquid TRX+0.0100%1h0.3446+0.073%$13.2M$2.2M10xas long as short
Bitget TRXUSDT+0.0100%8h0.3444+0.035%$9.5M$2.2M75xas long as short
BingX TRX-USDT+0.0100%8h0.3444+0.020%$40.0Mas long as short
edgeX TRXUSDC+0.0100%4h0.3443−0.010%$588K$433K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3444+0.032%$115K$565K50xas long as short
SunX TRX-USDT+0.0100%8h0.3445+0.048%$196K$923K30xas long as short
BloFin TRX-USDT+0.0119%8h0.3444+0.017%$4.6M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0366% / S −0.0395%1h0.3445+0.044%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0505%1h0.3448+0.134%$830K$414K25xas long as short