Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.049%
Price spread now: Aevo against Backpack−0.019%46s7-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—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TRX_USDC_PERP | 0.3478 | 0.0100 | pay 0.0013% / 1h | 40m 21s | $59K | $4K | 10x |
| Short | Aevo TRX-PERP | 0.3478 | 0.0104 | get 0.0013% / 1h | 40m 21s | $34K | — | 3x |
Backpack TRX_USDC_PERP
Aevo TRX-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Backpack. 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
- $0.84
- Price spread: −0.019% → 0.000%
- −$1.87
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$27.03
- Costs to cover
- 0.260%
- Break-even
- 232.2 days
Slippage unknown: Backpack: no order-book sample; 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 Backpack no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Backpack and 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 | 0.3479 | +0.022% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3481 | +0.078% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3479 | +0.023% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3480 | +0.041% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.078% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3480 | +0.043% | — | $32.8M | — | as long as short |
| KuCoin TRXUSDTM | +0.0094% | 8h | 0.3480 | +0.040% | $8.8M | $3.5M | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3480 | +0.034% | $485K | $662K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0097% | 8h | 0.3480 | +0.034% | $14K | $122K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3479 | +0.007% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDT
KuCoin TRXUSDTM
Lighter TRX
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3483 | +0.124% | $13.1M | $2.5M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3480 | +0.032% | $963K | $692K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3480 | +0.046% | $105.2M | $56.0M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3480 | +0.043% | $54.0M | $11.2M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3480 | +0.032% | $15.6M | $9.4M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3479 | +0.026% | $9.7M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3480 | +0.043% | $18.7M | $2.1M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3480 | +0.043% | $10.4M | $3.3M | 75x | as long as short |
| Backpack TRX_USDC_PERPlong | +0.0100% | 1h | 0.3478 | long leg | $59K | $4K | 10x | |
| Variational Omni TRX | +0.0100% | 8h | 0.3479 | +0.009% | $568K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3479 | +0.019% | $593K | $464K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3479 | +0.017% | $116K | $561K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3476 | −0.086% | $197K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3480 | +0.037% | $404 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3478 | −0.008% | $840K | $822K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3479 | +0.029% | $3.9M | $1.8M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3479 | +0.010% | $198K | $1.0M | 25x | as long as short |
| Aevo TRX-PERPshort | +0.0104% | 1h | 0.3478 | −0.019% | $34K | — | 3x | |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3479 | +0.029% | $4.7M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3479 | +0.028% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0585% | 1h | 0.3481 | +0.060% | $2.4M | $1.7M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0793% | 1h | 0.3484 | +0.148% | $841K | $498K | 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
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL