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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.070%
Price spread now: ApeX Omni against HTX+0.036%76s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.605%+$60 on $10k
Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.036%, 7d avg +0.047%
Together, before fees+0.750%+$75 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TRX-USDT0.34740.0100pay 0.0100% / 8h5h 11m$839K$829K75x
ShortApeX Omni TRXUSDT0.34750.0100get 0.0013% / 1h11m 58s$116K$561K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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
$0
Price spread: +0.036% → +0.047%
−$1.09
Slippage, 4 orders
−$22.58
Fee HTX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$45.67
Costs to cover
0.446%
Break-even
never at this rate
Slippage from HTX: live order book, 52 min ago; ApeX Omni: live order book, 51 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 HTX live order book, 52 min ago4.33 bp11.1 bp −$1114.0 bp −$140doesn't fitdoesn't fit
Sell ApeX Omni live order book, 51 min ago3.74 bp11.3 bp −$11102.1 bp −$1,021doesn'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%1h0.3474+0.010%$520xas long as short
Phoenix TRX−0.0023%1h0.3478+0.105%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3477+0.074%$183K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3475+0.033%$122K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.948%$1K$163K12xas long as short
BingX TRX-USDC+0.0070%8h0.3475+0.036%$6.5Mas long as short
Lighter TRX+0.0096%1h0.3475+0.030%$485K$664K10xas long as short
Backpack TRX_USDC_PERP+0.0097%1h0.3474+0.001%$59K$4K10xas long as short
Orderly PERP_TRX_USDC+0.0098%8h0.3475+0.019%$14K$122K20xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3474+0.011%$9K$25120xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRX+0.0100%1h0.3477+0.099%$13.1M$2.6M10xas long as short
Aster TRXUSDT+0.0100%8h0.3475+0.016%$961K$691K75xas long as short
Binance TRXUSDT+0.0100%8h0.3475+0.028%$105.1M$57.9M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3475+0.030%$53.8M$11.4M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3476+0.045%$15.5M$9.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3475+0.022%$9.7M$2.9M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3475+0.036%$18.7M$2.1M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3475+0.030%$8.6M$3.5M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3475+0.036%$10.3M$3.3M75xas long as short
Variational Omni TRX+0.0100%8h0.3476+0.054%$568K$36Kas long as short
edgeX TRXUSDC+0.0100%4h0.3475+0.031%$593K$472K20xas long as short
ApeX Omni TRXUSDTshort+0.0100%1h0.3475+0.036%$116K$561K50x
SunX TRX-USDT+0.0100%8h0.3473−0.022%$197K$1.2M30xas long as short
SoDEX TRX-USD+0.0100%1h0.3475+0.024%$407$5K5xas long as short
HTX TRX-USDTlong+0.0100%8h0.3474long leg$839K$829K75x
Phemex TRXUSDT+0.0100%8h0.3476+0.056%$3.9M$1.8M50xas long as short
Extended TRX-USD+0.0104%1h0.3474+0.003%$198K$1.0M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3473−0.022%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3475+0.030%$4.7M$3.9M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0404% / S −0.0481%1h0.3475+0.037%$20K100xas long as short
Kraken Futures PF_TRXUSD+0.0586%1h0.3476+0.048%$2.4M$1.7M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0685%1h0.3479+0.136%$845K$502K25xas long as short