Funding you earn now, next payment 00:00 UTC+0.0121%/8h= +13.3% APRnext payment +$1.21 per $10,000 · paid last 24h +0.080%
Price spread now: SunX against HTX+0.058%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$650.645% of the position
Funding, last 7 days+0.488%+$49 on $10k
+Price spread, last 3 days (all we have)−0.200%−$20 · spread now +0.058%, 7d avg −0.057%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SunX is 0.114% dearer against HTX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TRX-USDT | 0.3440 | −0.0021 | get 0.0021% / 8h | 23m 28s | $826K | $729K | 75x |
| Short | SunX TRX-USDT | 0.3442 | 0.0100 | get 0.0100% / 8h | 23m 28s | $196K | $925K | 30x |
HTX TRX-USDT
SunX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $25.45
- Price spread: +0.058% → −0.057%
- $11.44
- Slippage, 4 orders
- −$44.53
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$27.64
- Costs to cover
- 0.645%
- Break-even
- 14.6 days
Slippage from HTX: live order book, 55 min ago; SunX: live order book, 39 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, 55 min ago | 4.30 bp | 10.9 bp −$11 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell SunX live order book, 39 min ago | 7.89 bp | 29.3 bp −$29 | 39.7 bp −$397 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.0146% | 1h | 0.3441 | +0.030% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3440 | −0.006% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0093% | 8h | 0.3441 | +0.033% | $8.7M | $3.6M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0076% | 1h | 0.3440 | +0.010% | $58K | $4K | 10x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3443 | +0.080% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0033% | 8h | 0.3443 | +0.091% | $563K | $36K | — | as long as short |
| HTX TRX-USDTlong | −0.0021% | 8h | 0.3440 | long leg | $826K | $729K | 75x | |
| Bybit TRXUSDT | −0.0019% | 8h | 0.3440 | +0.010% | $54.6M | $8.1M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.076% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.057% | $121K | — | 150x | as long as short |
Injective TRX/USDC PERP
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Phoenix TRX
Variational Omni TRX
Bybit TRXUSDT
dYdX TRX-USD
gTrade (Gains Network) TRX/USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0023% | 8h | 0.3441 | +0.019% | $15.6M | $8.8M | 50x | as long as short |
| Extended TRX-USD | +0.0032% | 1h | 0.3440 | −0.009% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0032% | 8h | 0.3441 | +0.022% | $18.2M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0032% | 8h | 0.3441 | +0.016% | $99.2M | $47.9M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3442 | +0.056% | $1.9M | $1.0M | 25x | as long as short |
| Aster TRXUSDT | +0.0063% | 8h | 0.3443 | +0.080% | $955K | $659K | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0072% | 8h | 0.3440 | +0.012% | $9K | $385 | 20x | as long as short |
| Gate TRX_USDT | +0.0084% | 8h | 0.3440 | +0.007% | $9.6M | $2.5M | 75x | as long as short |
| Phemex TRXUSDT | +0.0084% | 8h | 0.3441 | +0.019% | $3.8M | $1.6M | 50x | as long as short |
| SoDEX TRX-USD | +0.0086% | 1h | 0.3441 | +0.019% | $401 | $5K | 5x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3439 | −0.029% | $33K | — | 3x | as long as short |
| Lighter TRX | +0.0088% | 1h | 0.3440 | +0.013% | $482K | $630K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3441 | +0.019% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.062% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3440 | +0.013% | $9.5M | $2.2M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3441 | +0.016% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | +0.024% | $587K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.024% | $115K | $566K | 50x | as long as short |
| SunX TRX-USDTshort | +0.0100% | 8h | 0.3442 | +0.058% | $196K | $925K | 30x | |
| BloFin TRX-USDT | +0.0129% | 8h | 0.3441 | +0.036% | $4.6M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.049% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0540% | 1h | 0.3445 | +0.137% | $831K | $416K | 25x | as long as short |
OKX TRX-USDT-SWAP
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Kraken Futures PF_TRXUSD
Aster TRXUSDT
Paradex TRX-USD-PERP
Gate TRX_USDT
Phemex TRXUSDT
SoDEX TRX-USD
Aevo TRX-PERP
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL