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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0166%/8h= −18.2% APRnext payment $1.66 per $10,000 · paid last 24h −0.044%
Price spread now: HTX against Aster−0.055%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.387% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.440%−$44 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.055%, 7d avg −0.057%
Together, before fees−0.501%+ Points / potential airdropAster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TRXUSDT0.34880.0100pay 0.0100% / 8h1h 04m$968K$706K75x
ShortHTX TRX-USDT0.3486−0.0066pay 0.0066% / 8h1h 04m$833K$942K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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
−$34.82
Price spread: −0.055% → −0.057%
$0.22
Slippage, 4 orders
−$18.69
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$73.29
Costs to cover
0.387%
Break-even
never at this rate
Slippage from Aster: live order book, 38 min ago; HTX: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 38 min ago0.14 bp8.2 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 39 min ago2.42 bp8.4 bp −$817.9 bp −$179doesn't fitdoesn't fit

TRX on 32 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%1h0.3488+0.005%$520xas long as short
HTX TRX-USDTshort−0.0066%8h0.3486−0.055%$833K$942K75x
dYdX TRX-USD0.0000%1h0.3490+0.071%$183K$12K10xas long as short
Phoenix TRX0.0000%1h0.3491+0.088%$5K$14K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3489+0.031%$123K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.346%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3489+0.031%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3489+0.019%$488K$671K10xas long as short
Paradex TRX-USD-PERP+0.0100%8h0.3488+0.014%$9K$25120xas long as short
Orderly PERP_TRX_USDC+0.0100%8h0.3489+0.036%$14K$60K20xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3492+0.125%$13.3M$2.7M10xas long as short
Aster TRXUSDTlong+0.0100%8h0.3488long leg$968K$706K75x
Binance TRXUSDT+0.0100%8h0.3489+0.041%$107.5M$62.4M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3489+0.031%$53.6M$12.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3489+0.028%$15.6M$10.4M50xas long as short
Gate TRX_USDT+0.0100%8h0.3489+0.045%$9.7M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3489+0.039%$19.6M$2.2M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3490+0.056%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3489+0.025%$9.8M$4.3M75xas long as short
Backpack TRX_USDC_PERP+0.0100%1h0.3488+0.013%$62K$5K10xas long as short
Variational Omni TRX+0.0100%8h0.3488−0.001%$570K$37Kas long as short
edgeX TRXUSDC+0.0100%4h0.3489+0.028%$595K$460K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3489+0.025%$116K$587K50xas long as short
SunX TRX-USDT+0.0100%8h0.3488+0.002%$198K$1.3M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3489+0.036%$409$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3489+0.033%$4.0M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3488−0.007%$205K$593K25xas long as short
Aevo TRX-PERP+0.0104%1h0.3487−0.016%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3489+0.042%$4.8M$4.0M50xas long as short
Kraken Futures PF_TRXUSD+0.0252%1h0.3489+0.036%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0410% / S −0.0492%1h0.3489+0.039%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.1017%1h0.3494+0.173%$908K$687K25xas long as short