Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.033%
Price spread now: Extended against ApeX Omni−0.033%92s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.368%−$37 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now −0.033%, 7d avg −0.052%
=Together, before fees−0.434%+ Points / potential airdropExtended: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TRXUSDT | 0.3444 | 0.0100 | pay 0.0013% / 1h | 27m 44s | $115K | $565K | 50x |
| Short | Extended TRX-USD | 0.3443 | 0.0032 | get 0.0004% / 1h | 27m 44s | $196K | $1.1M | 25x |
ApeX Omni TRXUSDT
Extended TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against ApeX Omni. 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
- −$14.28
- Price spread: −0.033% → −0.052%
- $1.91
- Slippage, 4 orders
- −$23.99
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$51.36
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 50 min ago; Extended: live order book, 1 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 ApeX Omni live order book, 50 min ago | 4.65 bp | 12.3 bp −$12 | 123.5 bp −$1,235 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.14 bp | 3.5 bp −$4 | 9.6 bp −$96 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.0146% | 1h | 0.3441 | −0.099% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3443 | −0.026% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0092% | 8h | 0.3443 | −0.038% | $8.7M | $3.6M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0074% | 1h | 0.3443 | −0.029% | $58K | $4K | 10x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3445 | +0.015% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0038% | 8h | 0.3443 | −0.038% | $563K | $36K | — | as long as short |
| HTX TRX-USDT | −0.0023% | 8h | 0.3443 | −0.051% | $827K | $729K | 75x | as long as short |
| Bybit TRXUSDT | −0.0020% | 8h | 0.3444 | −0.012% | $54.7M | $8.0M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3445 | +0.031% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3445 | +0.021% | $121K | — | 150x | as long as short |
Injective TRX/USDC PERP
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Phoenix TRX
Variational Omni TRX
HTX TRX-USDT
Bybit TRXUSDT
dYdX TRX-USD
gTrade (Gains Network) TRX/USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0019% | 8h | 0.3444 | −0.017% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDT | +0.0031% | 8h | 0.3444 | −0.009% | $18.2M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0032% | 8h | 0.3444 | −0.010% | $99.3M | $47.9M | 75x | as long as short |
| Extended TRX-USDshort | +0.0032% | 1h | 0.3443 | −0.033% | $196K | $1.1M | 25x | |
| Aster TRXUSDT | +0.0060% | 8h | 0.3445 | +0.011% | $956K | $659K | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3445 | +0.024% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0069% | 8h | 0.3444 | −0.023% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0084% | 8h | 0.3444 | −0.006% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0085% | 8h | 0.3443 | −0.026% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3442 | −0.058% | $33K | — | 3x | as long as short |
| SoDEX TRX-USD | +0.0090% | 1h | 0.3444 | −0.015% | $404 | $5K | 5x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3444 | −0.023% | $14K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3444 | −0.020% | $482K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3446 | +0.041% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3444 | −0.009% | $9.5M | $2.2M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3444 | −0.017% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3443 | −0.042% | $588K | $433K | 20x | as long as short |
| ApeX Omni TRXUSDTlong | +0.0100% | 1h | 0.3444 | long leg | $115K | $565K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3445 | +0.015% | $196K | $924K | 30x | as long as short |
| BloFin TRX-USDT | +0.0125% | 8h | 0.3444 | −0.015% | $4.6M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3445 | +0.010% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0519% | 1h | 0.3448 | +0.102% | $830K | $414K | 25x | as long as short |
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Binance TRXUSDT
Aster TRXUSDT
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
SoDEX TRX-USD
Orderly PERP_TRX_USDC
Lighter TRX
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
SunX TRX-USDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL