Funding you earn now, next payment 00:00 UTC+0.0117%/8h= +12.8% APRnext payment +$1.17 per $10,000 · paid last 24h +0.028%
Price spread now: Bitget against Aster+0.018%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.018%, 7d avg −0.034%
=Together, before fees−0.138%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.052% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.034%. Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TRXUSDT | 0.3441 | −0.0043 | get 0.0043% / 8h | 2h 18m | $951K | $638K | 75x |
| Short | Bitget TRXUSDT | 0.3441 | 0.0074 | get 0.0074% / 8h | 2h 18m | $9.4M | $2.1M | 75x |
Aster TRXUSDT
Bitget TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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
- $24.48
- Price spread: +0.018% → −0.034%
- $5.21
- Slippage, 4 orders
- −$7.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $1.78
- Costs to cover
- 0.279%
- Break-even
- 6.5 days
Slippage from Aster: live order book, 4 min ago; Bitget: 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 Aster live order book, 4 min ago | 0.73 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.14 bp | 8.8 bp −$9 | 13.6 bp −$136 | 30.5 bp −$3,046 | 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 | +0.003% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0091% | 8h | 0.3440 | −0.017% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0089% | 8h | 0.3439 | −0.037% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.039% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0061% | 1h | 0.3441 | +0.007% | $58K | $5K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3440 | −0.017% | $1K | $129K | 12x | as long as short |
| Aster TRXUSDTlong | −0.0043% | 8h | 0.3441 | long leg | $951K | $638K | 75x | |
| HTX TRX-USDT | −0.0027% | 8h | 0.3440 | −0.024% | $826K | $710K | 75x | as long as short |
| Binance TRXUSDT | −0.0001% | 8h | 0.3441 | +0.013% | $99.3M | $49.0M | 75x | as long as short |
| Lighter TRX | 0.0000% | 1h | 0.3441 | +0.010% | $482K | $639K | 10x | as long as short |
Reya TRXRUSDPERP
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
HTX TRX-USDT
Binance TRXUSDT
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended TRX-USD | 0.0000% | 1h | 0.3440 | −0.004% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | 0.0000% | 8h | 0.3441 | +0.013% | $17.9M | $1.7M | 200x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.060% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0006% | 8h | 0.3441 | +0.004% | $15.6M | $8.8M | 50x | as long as short |
| KuCoin TRXUSDTM | +0.0013% | 8h | 0.3440 | −0.005% | $8.7M | $3.6M | 75x | as long as short |
| SoDEX TRX-USD | +0.0029% | 1h | 0.3441 | +0.010% | $401 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0052% | 8h | 0.3441 | +0.006% | $9K | $385 | 20x | as long as short |
| BingX TRX-USDT | +0.0071% | 8h | 0.3441 | −0.002% | — | $40.0M | — | as long as short |
| Phemex TRXUSDT | +0.0072% | 8h | 0.3441 | +0.010% | $3.8M | $1.6M | 50x | as long as short |
| Bitget TRXUSDTshort | +0.0074% | 8h | 0.3441 | +0.018% | $9.4M | $2.1M | 75x | |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.038% | $33K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3443 | +0.062% | $1.9M | $977K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0089% | 8h | 0.3441 | +0.007% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.074% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3441 | −0.002% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | +0.006% | $587K | $438K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.001% | $115K | $541K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.093% | $196K | $918K | 30x | as long as short |
| BloFin TRX-USDT | +0.0119% | 8h | 0.3441 | +0.015% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0138% | 1h | 0.3443 | +0.061% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0302% | 1h | 0.3445 | +0.131% | $829K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.041% | $20K | — | 100x | as long as short |
Extended TRX-USD
MEXC TRX_USDT
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
KuCoin TRXUSDTM
SoDEX TRX-USD
Paradex TRX-USD-PERP
BingX TRX-USDT
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
Orderly PERP_TRX_USDC
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
dYdX TRX-USD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]