Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.3% APRpaid last 24h +0.009%
Price spread now: edgeX against Aster−0.019%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)−0.035%−$4 · spread now −0.019%, 7d avg −0.043%
=Together, before fees−0.052%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.025% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TRXUSDT | 0.3444 | 0.0051 | pay 0.0051% / 8h | 34m 52s | $956K | $659K | 75x |
| Short | edgeX TRXUSDC | 0.3444 | 0.0100 | get 0.0050% / 4h | 34m 52s | $588K | $431K | 20x |
Aster TRXUSDT
edgeX TRXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $10.25
- Price spread: −0.019% → −0.043%
- $2.49
- Slippage, 4 orders
- −$5.78
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$10.05
- Costs to cover
- 0.228%
- Break-even
- 13.9 days
Slippage from Aster: live order book, 43 min ago; edgeX: live order book, 44 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, 43 min ago | 0.14 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 0.87 bp | 5.4 bp −$5 | 6.9 bp −$69 | 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 | −0.096% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3444 | −0.022% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0090% | 8h | 0.3443 | −0.041% | $8.7M | $3.7M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0078% | 1h | 0.3443 | −0.052% | $58K | $4K | 10x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3445 | +0.023% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0040% | 8h | 0.3442 | −0.064% | $563K | $36K | — | as long as short |
| HTX TRX-USDT | −0.0027% | 8h | 0.3443 | −0.042% | $827K | $728K | 75x | as long as short |
| Bybit TRXUSDT | −0.0023% | 8h | 0.3442 | −0.067% | $54.6M | $8.0M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3445 | +0.033% | $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 | +0.0013% | 8h | 0.3443 | −0.035% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDT | +0.0028% | 8h | 0.3443 | −0.032% | $18.4M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0029% | 8h | 0.3443 | −0.035% | $99.3M | $47.9M | 75x | as long as short |
| Extended TRX-USD | +0.0032% | 1h | 0.3442 | −0.057% | $196K | $1.1M | 25x | as long as short |
| Aster TRXUSDTlong | +0.0051% | 8h | 0.3444 | long leg | $956K | $659K | 75x | |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3445 | +0.007% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0063% | 8h | 0.3443 | −0.024% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0083% | 8h | 0.3443 | −0.023% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0085% | 8h | 0.3443 | −0.038% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3442 | −0.054% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3443 | −0.038% | $14K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3443 | −0.041% | $482K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3445 | +0.015% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3443 | −0.041% | $9.5M | $2.2M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3443 | −0.029% | — | $40.0M | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3444 | −0.019% | $588K | $431K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3445 | +0.020% | $115K | $563K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3446 | +0.035% | $196K | $923K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3443 | −0.038% | $401 | $5K | 5x | as long as short |
| BloFin TRX-USDT | +0.0115% | 8h | 0.3443 | −0.026% | $4.6M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3445 | +0.013% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0539% | 1h | 0.3448 | +0.110% | $830K | $414K | 25x | as long as short |
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Lighter TRX
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL