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−0.0317%/8h= −34.7% APRnext payment $3.17 per $10,000 · paid last 24h −0.064%
Price spread now: HTX against Orderly+0.014%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.539%−$54 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TRX_USDC0.34740.0099pay 0.0099% / 8h5h 49m$14K$71K20x
ShortHTX TRX-USDT0.3475−0.0217pay 0.0217% / 8h5h 49m$831K$885K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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
−$66.48
Price spread: +0.014% → 0.000%
$1.44
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$83.04
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell HTX live order book, 62 min ago2.26 bp8.3 bp −$817.0 bp −$170doesn't fitdoesn't fit
Orderly: 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 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 TRXUSDT−0.0339%8h0.3472−0.072%$961K$936K75xas long as short
HTX TRX-USDTshort−0.0217%8h0.3475+0.014%$831K$885K75x
Reya TRXRUSDPERP−0.0133%1h0.3473−0.037%$520xas long as short
Backpack TRX_USDC_PERP−0.0063%1h0.3473−0.032%$57K$8K10xas long as short
Phoenix TRX−0.0046%1h0.3476+0.049%$5K$14K10xas long as short
SoDEX TRX-USD−0.0001%1h0.3475+0.012%$408$5K5xas long as short
dYdX TRX-USD0.0000%1h0.3477+0.074%$182K$10K10xas long as short
gTrade (Gains Network) TRX/USDL +0.0003% / S −0.0008%1h0.3478+0.098%$137K150xas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.961%$1K$163K12xas long as short
BingX TRX-USDT+0.0070%8h0.3474−0.012%$32.5Mas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex TRX-USD-PERP+0.0088%8h0.3474−0.016%$9K$5220xas long as short
Lighter TRX+0.0096%1h0.3474−0.006%$481K$656K10xas long as short
Orderly PERP_TRX_USDClong+0.0099%8h0.3474long leg$14K$71K20x
Hyperliquid TRX+0.0100%1h0.3478+0.115%$14.3M$2.7M10xas long as short
Binance TRXUSDT+0.0100%8h0.3474−0.009%$106.6M$64.2M75xas long as short
Bybit TRXUSDT+0.0100%8h0.3473−0.040%$53.3M$13.6M75xas long as short
OKX TRX-USDT-SWAP+0.0100%8h0.3474−0.014%$15.4M$11.5M50xas long as short
Gate TRX_USDT+0.0100%8h0.3474−0.006%$9.5M$3.3M75xas long as short
MEXC TRX_USDT+0.0100%8h0.3475+0.014%$18.9M$2.4M200xas long as short
KuCoin TRXUSDTM+0.0100%8h0.3474−0.014%$8.5M$3.4M75xas long as short
Bitget TRXUSDT+0.0100%8h0.3473−0.032%$9.7M$4.4M75xas long as short
Variational Omni TRX+0.0100%8h0.3473−0.051%$576K$28Kas long as short
edgeX TRXUSDC+0.0100%4h0.3474−0.013%$593K$508K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3479+0.138%$117K$620K50xas long as short
SunX TRX-USDT+0.0100%8h0.3473−0.029%$197K$1.3M30xas long as short
Phemex TRXUSDT+0.0100%8h0.3476+0.043%$3.9M$2.0M50xas long as short
Extended TRX-USD+0.0104%1h0.3473−0.052%$211K$1.1M25xas long as short
Aevo TRX-PERP+0.0104%1h0.3472−0.056%$34K3xas long as short
BloFin TRX-USDT+0.0220%8h0.3475+0.014%$4.8M$3.9M50xas long as short
Kraken Futures PF_TRXUSD+0.0269%1h0.3475+0.009%$2.4M$1.8M25xas long as short
Deribit TRX_USDC-PERPETUAL+0.0363%1h0.3478+0.118%$804K$724K25xas long as short
GMX TRX/USD [ETH-USDC]L +0.0408% / S −0.0492%1h0.3476+0.047%$20K100xas long as short