Funding you earn now, next payment 05:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.044%
Price spread now: Extended against HTX+0.001%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.001%, 7d avg −0.002%
=Together, before fees+0.317%+ Points / potential airdropExtended: Active · farm board+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TRX-USDT | 0.3483 | 0.0078 | pay 0.0078% / 8h | 3h 29m | $825K | $887K | 75x |
| Short | Extended TRX-USD | 0.3483 | 0.0104 | get 0.0013% / 1h | 29m 13s | $195K | $1.0M | 25x |
HTX TRX-USDT
Extended TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against HTX. 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
- $5.46
- Price spread: +0.001% → −0.002%
- $0.32
- Slippage, 4 orders
- −$11.05
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.27
- Costs to cover
- 0.280%
- Break-even
- 35.5 days
Slippage from HTX: live order book, 24 min ago; Extended: live order book, 4 min ago.
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 HTX live order book, 24 min ago | 4.37 bp | 10.4 bp −$10 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.14 bp | 3.5 bp −$3 | 12.1 bp −$121 | doesn't fit | doesn't fit |
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 | 0.3483 | +0.012% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3484 | +0.051% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3483 | +0.022% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3484 | +0.039% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.193% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3484 | +0.034% | — | $6.5M | — | as long as short |
| HTX TRX-USDTlong | +0.0078% | 8h | 0.3483 | long leg | $825K | $887K | 75x | |
| Lighter TRX | +0.0096% | 1h | 0.3483 | +0.025% | $486K | $671K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0097% | 8h | 0.3487 | +0.128% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3483 | +0.025% | $14K | $60K | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDC
Lighter TRX
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3486 | +0.111% | $13.2M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3484 | +0.048% | $965K | $697K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3484 | +0.034% | $106.3M | $60.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3483 | +0.013% | $53.8M | $11.9M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3483 | +0.025% | $15.6M | $10.1M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3483 | +0.028% | $9.7M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3484 | +0.039% | $18.9M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3484 | +0.054% | $8.6M | $3.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3484 | +0.034% | $10.5M | $3.4M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3483 | +0.005% | $62K | $5K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3481 | −0.047% | $570K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3482 | −0.001% | $594K | $467K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3482 | −0.015% | $116K | $573K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3482 | −0.013% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3483 | +0.025% | $405 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3484 | +0.039% | $3.9M | $1.9M | 50x | as long as short |
| Extended TRX-USDshort | +0.0104% | 1h | 0.3483 | +0.001% | $195K | $1.0M | 25x | |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3482 | −0.023% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0144% | 1h | 0.3484 | +0.049% | $2.4M | $1.7M | 25x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3483 | +0.025% | $4.7M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0409% / S −0.0491% | 1h | 0.3483 | +0.028% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0769% | 1h | 0.3487 | +0.138% | $843K | $538K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Backpack TRX_USDC_PERP
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL