Funding you earn now, next payment 02:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Aevo+0.112%7-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—+ 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: Lighter is 0.112% dearer against Aevo than usual: you sell high and buy low, +$11 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 | Aevo TRX-PERP | 0.3474 | 0.0104 | pay 0.0013% / 1h | 59m 30s | $34K | — | 3x |
| Short | Lighter TRX | 0.3478 | 0.0096 | get 0.0012% / 1h | 59m 30s | $485K | $661K | 10x |
Aevo TRX-PERP
Lighter TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$1.68
- Price spread: +0.112% → 0.000%
- $11.23
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.45
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 65 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 Lighter live order book, 65 min ago | 1.30 bp | 3.1 bp −$3 | 8.7 bp −$87 | 43.2 bp −$4,317 | 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 31 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 | 0.3478 | +0.112% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3478 | +0.130% | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3477 | +0.078% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3478 | +0.125% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.947% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | +0.0056% | 8h | 0.3479 | +0.158% | $8.7M | $3.5M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0082% | 1h | 0.3475 | +0.032% | $59K | $4K | 10x | as long as short |
| Lighter TRXshort | +0.0096% | 1h | 0.3478 | +0.112% | $485K | $661K | 10x | |
| Orderly PERP_TRX_USDC | +0.0097% | 8h | 0.3476 | +0.052% | $14K | $122K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3478 | +0.128% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3479 | +0.161% | $13.0M | $2.5M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3478 | +0.121% | $961K | $690K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3479 | +0.132% | $103.7M | $53.9M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3479 | +0.150% | $54.1M | $10.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3478 | +0.132% | $15.6M | $9.1M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3479 | +0.153% | $9.7M | $2.7M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3478 | +0.121% | $19.0M | $2.0M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3479 | +0.144% | $10.3M | $3.3M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3480 | +0.164% | — | $32.8M | — | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3478 | +0.115% | $567K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3477 | +0.090% | $593K | $466K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3478 | +0.107% | $116K | $563K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3473 | −0.039% | $197K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3476 | +0.072% | $405 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3475 | +0.033% | $837K | $814K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3477 | +0.075% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3479 | +0.142% | $194K | $1.0M | 25x | as long as short |
| Aevo TRX-PERPlong | +0.0104% | 1h | 0.3474 | long leg | $34K | — | 3x | |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3477 | +0.079% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0523% | 1h | 0.3477 | +0.101% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0768% | 1h | 0.3480 | +0.180% | $816K | $478K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL