Funding you earn now, next payment 22:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h −0.032%
Price spread now: Binance against Aevo+0.044%48s7-day average — · you sell dearer than you buy
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—needs both histories
The price spread pays, funding is against you. Binance is 0.044% dearer against Aevo than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TRX-PERP | 0.3440 | 0.0080 | pay 0.0010% / 1h | 20m 36s | $33K | — | 3x |
| Short | Binance TRXUSDT | 0.3441 | −0.0001 | pay 0.0001% / 8h | 2h 20m | $99.3M | $49.0M | 75x |
Aevo TRX-PERP
Binance TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aevo. 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
- −$17.06
- Price spread: +0.044% → 0.000%
- $4.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.64
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Binance: live order book, 7 min ago. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 0.14 bp | 6.7 bp −$7 | 12.7 bp −$127 | 37.8 bp −$3,777 | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3441 | +0.031% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0091% | 8h | 0.3440 | +0.014% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0087% | 8h | 0.3439 | −0.004% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.069% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0057% | 1h | 0.3441 | +0.032% | $58K | $5K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3440 | +0.014% | $1K | $129K | 12x | as long as short |
| Aster TRXUSDT | −0.0045% | 8h | 0.3440 | +0.028% | $951K | $638K | 75x | as long as short |
| HTX TRX-USDT | −0.0027% | 8h | 0.3440 | +0.006% | $826K | $709K | 75x | as long as short |
| Binance TRXUSDTshort | −0.0001% | 8h | 0.3441 | +0.044% | $99.3M | $49.0M | 75x | |
| MEXC TRX_USDT | −0.0001% | 8h | 0.3441 | +0.046% | $17.9M | $1.7M | 200x | as long as short |
Reya TRXRUSDPERP
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Aster TRXUSDT
HTX TRX-USDT
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | 0.0000% | 1h | 0.3440 | +0.026% | $482K | $636K | 10x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3440 | +0.024% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.092% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0006% | 8h | 0.3441 | +0.032% | $15.6M | $8.8M | 50x | as long as short |
| KuCoin TRXUSDTM | +0.0015% | 8h | 0.3441 | +0.029% | $8.7M | $3.6M | 75x | as long as short |
| SoDEX TRX-USD | +0.0025% | 1h | 0.3441 | +0.040% | $403 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0050% | 8h | 0.3441 | +0.034% | $9K | $385 | 20x | as long as short |
| BingX TRX-USDC | +0.0069% | 8h | 0.3440 | +0.020% | — | $6.5M | — | as long as short |
| Phemex TRXUSDT | +0.0072% | 8h | 0.3441 | +0.043% | $3.8M | $1.6M | 50x | as long as short |
| Bitget TRXUSDT | +0.0073% | 8h | 0.3441 | +0.049% | $9.4M | $2.1M | 75x | as long as short |
| Aevo TRX-PERPlong | +0.0080% | 1h | 0.3440 | long leg | $33K | — | 3x | |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3443 | +0.096% | $1.9M | $977K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0089% | 8h | 0.3441 | +0.040% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.101% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3441 | +0.035% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | +0.037% | $587K | $437K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.040% | $115K | $542K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.110% | $196K | $917K | 30x | as long as short |
| BloFin TRX-USDT | +0.0119% | 8h | 0.3441 | +0.029% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0145% | 1h | 0.3443 | +0.092% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0311% | 1h | 0.3445 | +0.163% | $829K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.073% | $20K | — | 100x | as long as short |
Lighter TRX
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
KuCoin TRXUSDTM
SoDEX TRX-USD
Paradex TRX-USD-PERP
BingX TRX-USDC
Phemex TRXUSDT
Bitget TRXUSDT
Kraken Futures PF_TRXUSD
Orderly PERP_TRX_USDC
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
dYdX TRX-USD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]