Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.022%
Price spread now: Orderly against Aster−0.012%7-day average −0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 3 days (all we have)−0.039%−$4 · spread now −0.012%, 7d avg −0.025%
=Together, before fees+0.030%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TRXUSDT | 0.3473 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $959K | $673K | 75x |
| Short | Orderly PERP_TRX_USDC | 0.3472 | 0.0096 | get 0.0096% / 8h | 6h 09m | $14K | $122K | 20x |
Aster TRXUSDT
Orderly PERP_TRX_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.91
- Price spread: −0.012% → −0.025%
- $1.24
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.67
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 58 min ago; Orderly: 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 Aster live order book, 58 min ago | 0.14 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 31 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 | 0.3472 | −0.018% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3474 | +0.031% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3472 | −0.012% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3473 | +0.007% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.914% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | +0.0034% | 8h | 0.3472 | −0.015% | $8.7M | $3.5M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0081% | 1h | 0.3471 | −0.050% | $59K | $4K | 10x | as long as short |
| Orderly PERP_TRX_USDCshort | +0.0096% | 8h | 0.3472 | −0.012% | $14K | $122K | 20x | |
| Lighter TRX | +0.0096% | 1h | 0.3472 | −0.035% | $484K | $663K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0098% | 8h | 0.3472 | −0.009% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Lighter TRX
Paradex TRX-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3473 | +0.008% | $13.0M | $2.5M | 10x | as long as short |
| Aster TRXUSDTlong | +0.0100% | 8h | 0.3473 | long leg | $959K | $673K | 75x | |
| Binance TRXUSDT | +0.0100% | 8h | 0.3472 | −0.035% | $103.3M | $53.6M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3472 | −0.030% | $54.2M | $10.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3472 | −0.018% | $15.5M | $9.1M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3472 | −0.024% | $9.7M | $2.8M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3472 | −0.035% | $18.9M | $2.1M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3471 | −0.038% | $10.3M | $3.3M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3472 | −0.015% | — | $32.8M | — | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3472 | −0.024% | $567K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3472 | −0.022% | $592K | $464K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3472 | −0.010% | $115K | $562K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3469 | −0.107% | $197K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3473 | −0.001% | $406 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3471 | −0.059% | $835K | $808K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3472 | −0.010% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3471 | −0.060% | $194K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3471 | −0.054% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3473 | −0.003% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0524% | 1h | 0.3473 | +0.017% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0755% | 1h | 0.3477 | +0.110% | $806K | $469K | 25x | as long as short |
Hyperliquid TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL