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

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0098%/8h= −10.7% APRnext payment $0.98 per $10,000 · paid last 24h +0.040%
Price spread now: Aster against HTX−0.068%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs+$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.489%+$49 on $10k
Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.068%, 7d avg +0.055%
Together, before fees+0.732%+ Points / potential airdropAster: Stage 5 · farm board+$73 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.123% cheaper against HTX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.055%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.489%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TRX-USDT0.3480−0.0218get 0.0218% / 8h5h 57m$832K$884K75x
ShortAster TRXUSDT0.3478−0.0315pay 0.0315% / 8h5h 57m$963K$927K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$20.53
Price spread: −0.068% → +0.055%
−$12.31
Slippage, 4 orders
−$16.69
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$69.53
Costs to cover
0.367%
Break-even
never at this rate
Slippage from HTX: live order book, 54 min ago; Aster: live order book, 53 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, 54 min ago2.26 bp13.1 bp −$1316.7 bp −$167doesn't fitdoesn't fit
Sell Aster live order book, 53 min ago0.14 bp4.7 bp −$5doesn't fitdoesn't fitdoesn't fit

TRX on 32 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TRXUSDTshort−0.0315%8h0.3478−0.068%$963K$927K75x
HTX TRX-USDTlong−0.0218%8h0.3480long leg$832K$884K75x
Reya TRXRUSDPERP−0.0133%1h0.3479−0.017%$520xas long as short
Backpack TRX_USDC_PERP−0.0086%1h0.3480−0.002%$57K$8K10xas long as short
Phoenix TRX−0.0023%1h0.3485+0.133%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3481+0.032%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0007%1h0.3481+0.023%$126K150xas long as short
SoDEX TRX-USD+0.0031%1h0.3480+0.009%$407$5K5xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−1.123%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3481+0.015%$32.5Mas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TRX+0.0096%1h0.3481+0.021%$482K$656K10xas long as short
Orderly PERP_TRX_USDC+0.0099%8h0.3480+0.006%$14K$71K20xas long as short
Paradex TRX-USD-PERP+0.0099%8h0.3480−0.008%$9K$5220xas long as short
Binance TRXUSDT+0.0100%8h0.3481+0.015%$107.1M$63.7M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3480−0.002%$53.4M$13.5M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3481+0.018%$15.4M$11.4M50xas long as short
Gate TRX_USDT+0.0100%8h0.3480+0.009%$9.6M$3.2M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3481+0.021%$19.1M$2.3M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3481+0.026%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3479−0.022%$9.7M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3481+0.017%$577K$28Kas long as short
edgeX TRXUSDC+0.0100%4h0.3482+0.059%$594K$506K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3483+0.078%$117K$619K50xas long as short
SunX TRX-USDT+0.0100%8h0.3479−0.042%$198K$1.3M30xas long as short
Phemex TRXUSDT+0.0100%8h0.3482+0.041%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3479−0.037%$213K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3479−0.038%$34K3xas long as short
Hyperliquid TRX+0.0137%1h0.3485+0.141%$14.3M$2.8M10xas long as short
BloFin TRX-USDT+0.0220%8h0.3481+0.015%$4.8M$3.9M50xas long as short
Kraken Futures PF_TRXUSD+0.0269%1h0.3480+0.007%$2.4M$1.8M25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0409% / S −0.0492%1h0.3483+0.090%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0543%1h0.3484+0.117%$805K$723K25xas long as short