Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: edgeX against Binance−0.055%50s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as 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−$210.207% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.055%, 7d avg −0.026%
=Together, before fees+0.149%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.029% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 50 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 | Binance TRXUSDT | 0.3486 | 0.0100 | pay 0.0100% / 8h | 52m 45s | $107.2M | $62.8M | 75x |
| Short | edgeX TRXUSDC | 0.3484 | 0.0100 | get 0.0050% / 4h | 52m 45s | $594K | $460K | 20x |
Binance TRXUSDT
edgeX TRXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- Price spread: −0.055% → −0.026%
- −$2.9
- Slippage, 4 orders
- −$1.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$23.62
- Costs to cover
- 0.207%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; edgeX: live order book, 51 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 Binance live order book, 5 min ago | 0.14 bp | 5.1 bp −$5 | 6.3 bp −$63 | 30.8 bp −$3,083 | doesn't fit |
| Sell edgeX live order book, 51 min ago | 0.72 bp | 5.2 bp −$5 | 6.5 bp −$65 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3484 | −0.040% | $5 | — | 20x | as long as short |
| HTX TRX-USDT | −0.0071% | 8h | 0.3484 | −0.048% | $833K | $944K | 75x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3485 | −0.024% | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3486 | +0.015% | $183K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3486 | +0.015% | $123K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0009% | 1h | 0.3485 | −0.018% | $62K | $5K | 10x | as long as short |
| SoDEX TRX-USD | +0.0017% | 1h | 0.3486 | −0.007% | $411 | $5K | 5x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.286% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3485 | −0.018% | — | $6.5M | — | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3486 | −0.004% | $487K | $671K | 10x | as long as short |
Reya TRXRUSDPERP
HTX TRX-USDT
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
SoDEX TRX-USD
Injective TRX/USDC PERP
BingX TRX-USDC
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0098% | 8h | 0.3485 | −0.028% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0100% | 8h | 0.3485 | −0.027% | $14K | $60K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3489 | +0.099% | $13.3M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3484 | −0.053% | $971K | $712K | 75x | as long as short |
| Binance TRXUSDTlong | +0.0100% | 8h | 0.3486 | long leg | $107.2M | $62.8M | 75x | |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3485 | −0.024% | $53.6M | $12.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3486 | −0.007% | $15.6M | $10.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3486 | +0.005% | $9.6M | $3.2M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3486 | −0.001% | $19.7M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3487 | +0.022% | $8.5M | $3.3M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3485 | −0.030% | $9.8M | $4.3M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3484 | −0.057% | $570K | $33K | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3484 | −0.055% | $594K | $460K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3486 | +0.013% | $116K | $592K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3484 | −0.046% | $198K | $1.3M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3486 | +0.002% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3484 | −0.048% | $205K | $883K | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3484 | −0.053% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3485 | −0.012% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0295% | 1h | 0.3487 | +0.021% | $2.4M | $1.8M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3486 | +0.013% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0719% | 1h | 0.3490 | +0.127% | $908K | $689K | 25x | as long as short |
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL