Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.054%
Price spread now: OKX against HTX+0.029%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.358% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.029%, 7d avg +0.034%
=The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TRX-USDT | 0.3440 | −0.0022 | get 0.0022% / 8h | 2h 08m | $826K | $711K | 75x |
| Short | OKX TRX-USDT-SWAP | 0.3441 | 0.0008 | get 0.0008% / 8h | 2h 08m | $15.6M | $8.8M | 50x |
HTX TRX-USDT
OKX TRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against HTX. 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
- $6.29
- Price spread: +0.029% → +0.034%
- −$0.43
- Slippage, 4 orders
- −$13.85
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$29.99
- Costs to cover
- 0.358%
- Break-even
- 40.4 days
Slippage from HTX: live order book, 15 min ago; OKX: live order book, 5 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 HTX live order book, 15 min ago | 4.29 bp | 10.5 bp −$11 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.14 bp | 8.7 bp −$9 | 12.3 bp −$123 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3441 | +0.028% | $5 | — | 20x | as long as short |
| Variational Omni TRX | −0.0087% | 8h | 0.3440 | +0.015% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0085% | 8h | 0.3441 | +0.032% | $54.8M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3443 | +0.082% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0053% | 1h | 0.3441 | +0.026% | $58K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3440 | +0.003% | $1K | $129K | 12x | as long as short |
| Aster TRXUSDT | −0.0033% | 8h | 0.3441 | +0.032% | $951K | $638K | 75x | as long as short |
| HTX TRX-USDTlong | −0.0022% | 8h | 0.3440 | long leg | $826K | $711K | 75x | |
| Extended TRX-USD | 0.0000% | 1h | 0.3441 | +0.019% | $196K | $1.1M | 25x | as long as short |
| KuCoin TRXUSDTM | +0.0001% | 8h | 0.3440 | +0.012% | $8.7M | $3.6M | 75x | as long as short |
Reya TRXRUSDPERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Aster TRXUSDT
Extended TRX-USD
KuCoin TRXUSDTMShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TRX_USDT | +0.0003% | 8h | 0.3441 | +0.035% | $17.9M | $1.7M | 200x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.080% | $121K | — | 150x | as long as short |
| Binance TRXUSDT | +0.0004% | 8h | 0.3441 | +0.034% | $99.3M | $49.0M | 75x | as long as short |
| OKX TRX-USDT-SWAPshort | +0.0008% | 8h | 0.3441 | +0.029% | $15.6M | $8.8M | 50x | |
| Lighter TRX | +0.0008% | 1h | 0.3441 | +0.024% | $482K | $639K | 10x | as long as short |
| BloFin TRX-USDT | +0.0013% | 8h | 0.3441 | +0.032% | $4.6M | $4.0M | 50x | as long as short |
| SoDEX TRX-USD | +0.0041% | 1h | 0.3441 | +0.032% | $403 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0059% | 8h | 0.3441 | +0.023% | $9K | $385 | 20x | as long as short |
| BingX TRX-USDT | +0.0076% | 8h | 0.3441 | +0.026% | — | $40.0M | — | as long as short |
| Phemex TRXUSDT | +0.0077% | 8h | 0.3441 | +0.032% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3440 | −0.007% | $33K | — | 3x | as long as short |
| Bitget TRXUSDT | +0.0082% | 8h | 0.3441 | +0.026% | $9.4M | $2.1M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3443 | +0.083% | $1.9M | $976K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0089% | 8h | 0.3441 | +0.038% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.079% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3441 | +0.029% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3442 | +0.047% | $587K | $435K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.038% | $115K | $543K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.103% | $196K | $918K | 30x | as long as short |
| dYdX TRX-USD | +0.0111% | 1h | 0.3443 | +0.081% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0354% | 1h | 0.3445 | +0.158% | $829K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.064% | $20K | — | 100x | as long as short |
MEXC TRX_USDT
gTrade (Gains Network) TRX/USD
Binance TRXUSDT
Lighter TRX
BloFin TRX-USDT
SoDEX TRX-USD
Paradex TRX-USD-PERP
BingX TRX-USDT
Phemex TRXUSDT
Aevo TRX-PERP
Bitget TRXUSDT
Kraken Futures PF_TRXUSD
Orderly PERP_TRX_USDC
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
dYdX TRX-USD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]