Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Aster+0.017%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$260.257% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 3 days (all we have)−0.114%−$11 · spread now +0.017%, 7d avg −0.021%
=Together, before fees−0.072%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.039% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TRXUSDT | 0.3440 | −0.0024 | get 0.0024% / 8h | 1h 51m | $952K | $638K | 75x |
| Short | BloFin TRX-USDT | 0.3441 | 0.0030 | get 0.0030% / 8h | 1h 51m | $4.6M | $4.0M | 50x |
Aster TRXUSDT
BloFin TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $11.4
- Price spread: +0.017% → −0.021%
- $3.86
- Slippage, 4 orders
- −$5.68
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$10.42
- Costs to cover
- 0.257%
- Break-even
- 13.4 days
Slippage from Aster: live order book, 32 min ago; BloFin: live order book, 2 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, 32 min ago | 0.73 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.14 bp | 7.0 bp −$7 | 8.6 bp −$86 | 17.4 bp −$1,738 | 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 | 0.3440 | −0.004% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.026% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0086% | 8h | 0.3440 | +0.003% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0079% | 8h | 0.3440 | 0.000% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3443 | +0.078% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDTlong | −0.0024% | 8h | 0.3440 | long leg | $952K | $638K | 75x | |
| HTX TRX-USDT | −0.0020% | 8h | 0.3440 | +0.003% | $826K | $713K | 75x | as long as short |
| KuCoin TRXUSDTM | −0.0016% | 8h | 0.3440 | −0.003% | $8.7M | $3.6M | 75x | as long as short |
| Lighter TRX | −0.0008% | 1h | 0.3440 | +0.003% | $482K | $637K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.076% | $181K | $10K | 10x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
HTX TRX-USDT
KuCoin TRXUSDTM
Lighter TRX
dYdX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0003% | 8h | 0.3440 | −0.006% | $15.6M | $8.8M | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.059% | $121K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0004% | 1h | 0.3441 | +0.014% | $58K | $4K | 10x | as long as short |
| MEXC TRX_USDT | +0.0007% | 8h | 0.3441 | +0.023% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0008% | 8h | 0.3441 | +0.018% | $99.3M | $48.7M | 75x | as long as short |
| Extended TRX-USD | +0.0008% | 1h | 0.3440 | −0.013% | $196K | $1.1M | 25x | as long as short |
| SoDEX TRX-USD | +0.0011% | 1h | 0.3441 | +0.014% | $405 | $5K | 5x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3443 | +0.073% | $1.9M | $982K | 25x | as long as short |
| BloFin TRX-USDTshort | +0.0030% | 8h | 0.3441 | +0.017% | $4.6M | $4.0M | 50x | |
| Paradex TRX-USD-PERP | +0.0054% | 8h | 0.3440 | +0.002% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0074% | 8h | 0.3441 | +0.017% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.037% | $33K | — | 3x | as long as short |
| BingX TRX-USDC | +0.0084% | 8h | 0.3441 | +0.014% | — | $6.5M | — | as long as short |
| Bitget TRXUSDT | +0.0089% | 8h | 0.3441 | +0.014% | $9.4M | $2.1M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | +0.017% | $14K | $107K | 20x | as long as short |
| Gate TRX_USDT | +0.0097% | 8h | 0.3441 | +0.014% | $9.7M | $2.5M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.064% | $13.2M | $2.2M | 10x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | +0.019% | $587K | $433K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.029% | $115K | $545K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.075% | $196K | $917K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.052% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0401% | 1h | 0.3445 | +0.128% | $832K | $411K | 25x | as long as short |
OKX TRX-USDT-SWAP
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
SoDEX TRX-USD
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
BingX TRX-USDC
Bitget TRXUSDT
Orderly PERP_TRX_USDC
Gate TRX_USDT
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL