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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0414%/8h= +45.3% APRpaid last 24h +0.142%
Price spread now: GMX against HTX+0.141%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GMX is 0.141% dearer against HTX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TRX-USDT0.34810.0077pay 0.0077% / 8h3h 28m$825K$887K75x
ShortGMX TRX/USD [ETH-USDC]0.3486L +0.0410% / S −0.0491%get 0.0061% / 1h28m 20s$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$86.97
Price spread: +0.141% → 0.000%
$14.11
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$77.07
Costs to cover
0.240%
Break-even
0.8 days
Slippage unknown: HTX: live order book, 25 min ago; GMX: 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 HTX live order book, 25 min ago4.37 bp10.4 bp −$1013.4 bp −$134doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Reya TRXRUSDPERP−0.0133%1h0.3485+0.120%$520xas long as short
Phoenix TRX−0.0046%1h0.3484+0.103%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3483+0.074%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3486+0.162%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.141%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3486+0.151%$32.8Mas long as short
HTX TRX-USDTlong+0.0077%8h0.3481long leg$825K$887K75x
Lighter TRX+0.0096%1h0.3486+0.157%$486K$671K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3485+0.134%$14K$60K20xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3483+0.054%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3489+0.226%$13.2M$2.7M10xas long as short
Aster TRXUSDT+0.0100%8h0.3486+0.148%$966K$697K75xas long as short
Binance TRXUSDT+0.0100%8h0.3486+0.146%$106.3M$60.9M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3485+0.123%$53.9M$11.9M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3486+0.163%$15.6M$10.2M50xas long as short
Gate TRX_USDT+0.0100%8h0.3486+0.149%$9.7M$3.0M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3486+0.140%$19.0M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3487+0.174%$8.6M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3487+0.174%$10.6M$3.5M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3483+0.057%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3481+0.005%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3482+0.050%$594K$467K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3482+0.036%$116K$573K50xas long as short
SunX TRX-USDT+0.0100%8h0.3483+0.077%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3486+0.146%$409$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3486+0.151%$3.9M$1.9M50xas long as short
Extended TRX-USD+0.0104%1h0.3485+0.125%$195K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3484+0.095%$34K3xas long as short
Kraken Futures PF_TRXUSD+0.0144%1h0.3486+0.165%$2.4M$1.7M25xas long as short
BloFin TRX-USDT+0.0220%8h0.3483+0.077%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]shortL +0.0410% / S −0.0491%1h0.3486+0.141%$20K100x
Deribit TRX_USDC-PERPETUAL+0.0768%1h0.3490+0.269%$844K$538K25xas long as short