Funding you earn now, next payment 11:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Aevo against Lighter−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.051% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TRX | 0.3478 | 0.0096 | pay 0.0012% / 1h | 54m 56s | $482K | $656K | 10x |
| Short | Aevo TRX-PERP | 0.3476 | 0.0104 | get 0.0013% / 1h | 54m 56s | $34K | — | 3x |
Lighter TRX
Aevo TRX-PERPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.68
- Price spread: −0.051% → 0.000%
- −$5.09
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$19.41
- Costs to cover
- 0.160%
- Break-even
- 87.9 days
Slippage unknown: Lighter: live order book, 52 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, 52 min ago | 1.00 bp | 1.6 bp −$2 | 9.5 bp −$95 | 44.8 bp −$4,478 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.0318% | 8h | 0.3475 | −0.086% | $963K | $929K | 75x | as long as short |
| HTX TRX-USDT | −0.0217% | 8h | 0.3478 | −0.003% | $832K | $884K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3477 | −0.035% | $5 | — | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.0069% | 1h | 0.3478 | −0.014% | $57K | $8K | 10x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3482 | +0.106% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3479 | +0.029% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3481 | +0.075% | $137K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.070% | $1K | $163K | 12x | as long as short |
| SoDEX TRX-USD | +0.0047% | 1h | 0.3478 | −0.014% | $405 | $5K | 5x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3478 | +0.003% | — | $6.5M | — | as long as short |
Aster TRXUSDT
HTX TRX-USDT
Reya TRXRUSDPERP
Backpack TRX_USDC_PERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
SoDEX TRX-USD
BingX TRX-USDCShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRXlong | +0.0096% | 1h | 0.3478 | long leg | $482K | $656K | 10x | |
| Paradex TRX-USD-PERP | +0.0098% | 8h | 0.3478 | −0.007% | $9K | $52 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3478 | −0.006% | $14K | $71K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3482 | +0.112% | $14.3M | $2.8M | 10x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3478 | −0.017% | $106.8M | $64.0M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3478 | −0.006% | $53.4M | $13.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3478 | −0.009% | $15.4M | $11.4M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3478 | −0.003% | $9.6M | $3.2M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3478 | −0.006% | $19.1M | $2.3M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3478 | +0.006% | $8.5M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3477 | −0.049% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3478 | −0.017% | $576K | $28K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3480 | +0.045% | $593K | $502K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3483 | +0.132% | $117K | $619K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3477 | −0.045% | $198K | $1.3M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3479 | +0.023% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3476 | −0.051% | $211K | $1.1M | 25x | as long as short |
| Aevo TRX-PERPshort | +0.0104% | 1h | 0.3476 | −0.051% | $34K | — | 3x | |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3480 | +0.046% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0269% | 1h | 0.3478 | +0.005% | $2.4M | $1.8M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0408% / S −0.0492% | 1h | 0.3479 | +0.030% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0420% | 1h | 0.3482 | +0.106% | $805K | $723K | 25x | as long as short |
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL