TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0331%/8h= −36.3% APRnext payment −$3.31 per $10,000 · paid last 24h −0.067%

Price spread now: HTX against Bitget+0.006%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$370.365% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.391%−$39 on $10k

Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.006%, 7d avg −0.024%

Together, before fees−0.502%−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.030% dearer against Bitget than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.024%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TRXUSDT	0.3482	0.0100	pay 0.0100% / 8h	7h 38m	$9.7M	$4.4M	75x
Short	HTX TRX-USDT	0.3482	−0.0231	pay 0.0231% / 8h	7h 38m	$835K	$957K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee HTXbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$69.6
Price spread: +0.006% → −0.024%: $2.95
Slippage, 4 orders: −$12.53
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$103.18
Costs to cover: 0.365%
Break-even: never at this rate

Slippage from Bitget: live order book, just now; HTX: live order book, 60 min ago.

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 Bitget live order book, just now	0.14 bp	6.7 bp −$7	10.1 bp −$101	32.1 bp −$3,214	doesn't fit
Sell HTX live order book, 60 min ago	3.88 bp	10.2 bp −$10	17.2 bp −$172	doesn't fit	doesn't fit

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
HTX TRX-USDTshort	−0.0231%	8h	0.3482	+0.006%	$835K	$957K	75x
Reya TRXRUSDPERP	−0.0133%	1h	0.3482	+0.011%	$5	—	20x	as long as short
Phoenix TRX	−0.0046%	1h	0.3483	+0.026%	$5K	$14K	10x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3483	+0.046%	$183K	$12K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3484	+0.062%	$126K	—	150x	as long as short
Kraken Futures PF_TRXUSD	+0.0020%	1h	0.3483	+0.037%	$2.4M	$1.9M	25x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	0.3441	−1.172%	$1K	$163K	12x	as long as short
Backpack TRX_USDC_PERP	+0.0038%	1h	0.3482	+0.011%	$62K	$5K	10x	as long as short
BingX TRX-USDT	+0.0070%	8h	0.3483	+0.040%	—	$32.6M	—	as long as short
Paradex TRX-USD-PERP	+0.0094%	8h	0.3482	+0.016%	$9K	$251	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRX	+0.0096%	1h	0.3483	+0.026%	$487K	$671K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0099%	8h	0.3483	+0.023%	$14K	$63K	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3487	+0.141%	$13.4M	$2.8M	10x	as long as short
Aster TRXUSDT	+0.0100%	8h	0.3480	−0.062%	$968K	$753K	75x	as long as short
Binance TRXUSDT	+0.0100%	8h	0.3483	+0.034%	$107.0M	$65.3M	75x	as long as short
Bybit TRXUSDT	+0.0100%	8h	0.3483	+0.034%	$53.5M	$12.8M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3483	+0.034%	$15.6M	$11.0M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3483	+0.034%	$9.6M	$3.3M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3483	+0.034%	$19.0M	$2.3M	200x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	0.3483	+0.043%	$8.5M	$3.3M	75x	as long as short
Bitget TRXUSDTlong	+0.0100%	8h	0.3482	long leg	$9.7M	$4.4M	75x
Variational Omni TRX	+0.0100%	8h	0.3481	−0.025%	$577K	$37K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3481	−0.018%	$594K	$501K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3483	+0.029%	$116K	$612K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3481	−0.027%	$198K	$1.4M	30x	as long as short
SoDEX TRX-USD	+0.0100%	1h	0.3483	+0.034%	$403	$5K	5x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3483	+0.032%	$3.9M	$2.0M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3482	+0.001%	$204K	$1.2M	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3481	−0.020%	$34K	—	3x	as long as short
BloFin TRX-USDT	+0.0220%	8h	0.3482	+0.009%	$4.8M	$4.1M	50x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0313%	1h	0.3486	+0.121%	$837K	$727K	25x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0410% / S −0.0492%	1h	0.3483	+0.045%	$20K	—	100x	as long as short