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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0377%/8h= +41.3% APRnext payment +$0.47 per $10,000 · paid last 24h +0.071%
Price spread now: GMX against Aevo+0.045%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 +$11 a day on $10k at the current rate, and GMX is 0.045% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRX-PERP0.34760.0104pay 0.0013% / 1h0m 48s$34K3x
ShortGMX TRX/USD [ETH-USDC]0.3477L +0.0403% / S −0.0481%get 0.0060% / 1h0m 48s$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aevo. 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
$79.26
Price spread: +0.045% → 0.000%
$4.46
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$55.72
Costs to cover
0.280%
Break-even
2.1 days
Slippage unknown: Aevo: no order-book sample; 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 Aevo no order-book sample
Sell GMX no order-book sample
Aevo and 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 31 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%1h0.3478+0.065%$520xas long as short
Phoenix TRX−0.0046%1h0.3478+0.081%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3478+0.080%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3478+0.057%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.996%$1K$163K12xas long as short
KuCoin TRXUSDTM+0.0054%8h0.3478+0.058%$8.7M$3.5M75xas long as short
Backpack TRX_USDC_PERP+0.0083%1h0.3477+0.026%$59K$4K10xas long as short
Lighter TRX+0.0096%1h0.3477+0.026%$485K$663K10xas long as short
Orderly PERP_TRX_USDC+0.0097%8h0.3477+0.043%$14K$122K20xas long as short
Paradex TRX-USD-PERP+0.0098%8h0.3476+0.021%$9K$25120xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3479+0.098%$13.0M$2.5M10xas long as short
Aster TRXUSDT+0.0100%8h0.3478+0.071%$961K$673K75xas long as short
Binance TRXUSDT+0.0100%8h0.3477+0.050%$103.5M$53.8M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3477+0.049%$54.1M$10.6M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3477+0.052%$15.6M$9.0M50xas long as short
Gate TRX_USDT+0.0100%8h0.3478+0.066%$9.7M$2.8M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3478+0.058%$19.0M$2.1M200xas long as short
Bitget TRXUSDT+0.0100%8h0.3478+0.083%$10.3M$3.3M75xas long as short
BingX TRX-USDT+0.0100%8h0.3478+0.069%$32.8Mas long as short
Variational Omni TRX+0.0100%8h0.3478+0.066%$567K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3477+0.031%$593K$466K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3477+0.052%$116K$563K50xas long as short
SunX TRX-USDT+0.0100%8h0.3473−0.075%$197K$1.1M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3478+0.066%$407$5K5xas long as short
HTX TRX-USDT+0.0100%8h0.3476+0.019%$838K$814K75xas long as short
Phemex TRXUSDT+0.0100%8h0.3478+0.058%$3.9M$1.7M50xas long as short
Extended TRX-USD+0.0104%1h0.3478+0.058%$194K$1.0M25xas long as short
Aevo TRX-PERPlong+0.0104%1h0.3476long leg$34K3x
GMX TRX/USD [ETH-USDC]shortL +0.0403% / S −0.0481%1h0.3477+0.045%$20K100x
Kraken Futures PF_TRXUSD+0.0523%1h0.3479+0.095%$2.3M$1.6M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0774%1h0.3481+0.163%$816K$478K25xas long as short