Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Aevo against Phemex−0.060%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.060% cheaper against Phemex than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex TRXUSDT | 0.3489 | 0.0100 | pay 0.0100% / 8h | 6h 17m | $3.9M | $2.0M | 50x |
| Short | Aevo TRX-PERP | 0.3487 | 0.0104 | get 0.0013% / 1h | 17m 54s | $34K | — | 3x |
Phemex TRXUSDT
Aevo TRX-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Phemex. 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
- $0.84
- Price spread: −0.060% → 0.000%
- −$5.96
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$33.12
- Costs to cover
- 0.280%
- Break-even
- 283.0 days
Slippage unknown: Phemex: live order book, 4 min ago; Aevo: no order-book sample. Net counts fees only.
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 Phemex live order book, 4 min ago | 0.43 bp | 6.5 bp −$7 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.0217% | 8h | 0.3483 | −0.186% | $965K | $931K | 75x | as long as short |
| HTX TRX-USDT | −0.0203% | 8h | 0.3488 | −0.033% | $834K | $947K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3488 | −0.040% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3492 | +0.097% | $5K | $14K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0014% | 1h | 0.3488 | −0.026% | $60K | $6K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3489 | +0.009% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3491 | +0.061% | $126K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.376% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3488 | −0.014% | — | $6.5M | — | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3489 | +0.003% | $483K | $669K | 10x | as long as short |
Aster TRXUSDT
HTX TRX-USDT
Reya TRXRUSDPERP
Phoenix TRX
Backpack TRX_USDC_PERP
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDC
Lighter TRXShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3488 | −0.018% | $9K | $52 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3489 | −0.009% | $14K | $71K | 20x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3488 | −0.029% | $107.4M | $64.1M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3488 | −0.029% | $53.6M | $13.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3489 | −0.011% | $15.4M | $11.5M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3489 | −0.011% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3489 | −0.009% | $18.9M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3489 | −0.006% | $8.5M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3488 | −0.037% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3491 | +0.051% | $578K | $30K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3491 | +0.052% | $595K | $514K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3490 | +0.040% | $117K | $617K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3487 | −0.060% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3489 | −0.009% | $405 | $5K | 5x | as long as short |
| Phemex TRXUSDTlong | +0.0100% | 8h | 0.3489 | long leg | $3.9M | $2.0M | 50x | |
| Extended TRX-USD | +0.0104% | 1h | 0.3487 | −0.059% | $213K | $1.1M | 25x | as long as short |
| Aevo TRX-PERPshort | +0.0104% | 1h | 0.3487 | −0.060% | $34K | — | 3x | |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3490 | +0.026% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0256% | 1h | 0.3490 | +0.029% | $2.4M | $1.7M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3491 | +0.050% | $20K | — | 100x | as long as short |
| Hyperliquid TRX | +0.0457% | 1h | 0.3493 | +0.126% | $14.2M | $2.6M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0598% | 1h | 0.3493 | +0.105% | $806K | $740K | 25x | as long as short |
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Extended TRX-USD
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Hyperliquid TRX
Deribit TRX_USDC-PERPETUAL