Funding you earn now, next payment 22:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.034%
Price spread now: Extended against Bitget−0.014%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.014%, 7d avg −0.023%
=Together, before fees−0.048%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TRXUSDT | 0.3441 | 0.0074 | pay 0.0074% / 8h | 2h 17m | $9.4M | $2.1M | 75x |
| Short | Extended TRX-USD | 0.3441 | 0 | get 0.0000% / 1h | 17m 28s | $196K | $1.1M | 25x |
Bitget TRXUSDT
Extended TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- −$15.54
- Price spread: −0.014% → −0.023%
- $0.89
- Slippage, 4 orders
- −$5.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$37.32
- Costs to cover
- 0.227%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 1 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 Bitget live order book, 1 min ago | 0.29 bp | 7.0 bp −$7 | 9.0 bp −$90 | 27.3 bp −$2,735 | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.14 bp | 3.5 bp −$4 | 12.1 bp −$121 | 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 | 0.3441 | −0.007% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0091% | 8h | 0.3439 | −0.052% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0089% | 8h | 0.3439 | −0.049% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.038% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0063% | 1h | 0.3441 | −0.012% | $58K | $5K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3440 | −0.029% | $1K | $129K | 12x | as long as short |
| Aster TRXUSDT | −0.0041% | 8h | 0.3441 | −0.003% | $951K | $638K | 75x | as long as short |
| HTX TRX-USDT | −0.0027% | 8h | 0.3440 | −0.028% | $826K | $710K | 75x | as long as short |
| Binance TRXUSDT | 0.0000% | 8h | 0.3441 | 0.000% | $99.3M | $49.0M | 75x | as long as short |
| Extended TRX-USDshort | 0.0000% | 1h | 0.3441 | −0.014% | $196K | $1.1M | 25x |
Reya TRXRUSDPERP
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Aster TRXUSDT
HTX TRX-USDT
Binance TRXUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TRX_USDT | 0.0000% | 8h | 0.3441 | +0.003% | $17.9M | $1.7M | 200x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.038% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0006% | 8h | 0.3439 | −0.058% | $15.5M | $8.8M | 50x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3441 | +0.003% | $482K | $639K | 10x | as long as short |
| KuCoin TRXUSDTM | +0.0012% | 8h | 0.3440 | −0.020% | $8.7M | $3.6M | 75x | as long as short |
| SoDEX TRX-USD | +0.0031% | 1h | 0.3441 | −0.003% | $405 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0053% | 8h | 0.3441 | −0.007% | $9K | $385 | 20x | as long as short |
| BingX TRX-USDC | +0.0071% | 8h | 0.3441 | −0.015% | — | $6.5M | — | as long as short |
| Phemex TRXUSDT | +0.0072% | 8h | 0.3441 | 0.000% | $3.8M | $1.6M | 50x | as long as short |
| Bitget TRXUSDTlong | +0.0074% | 8h | 0.3441 | long leg | $9.4M | $2.1M | 75x | |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.048% | $33K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3443 | +0.053% | $1.9M | $977K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0089% | 8h | 0.3441 | +0.003% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.058% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3441 | 0.000% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.005% | $587K | $438K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | −0.012% | $115K | $541K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.080% | $196K | $917K | 30x | as long as short |
| BloFin TRX-USDT | +0.0119% | 8h | 0.3441 | +0.003% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0134% | 1h | 0.3443 | +0.048% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0319% | 1h | 0.3445 | +0.118% | $829K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3443 | +0.047% | $20K | — | 100x | as long as short |
MEXC TRX_USDT
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
Lighter TRX
KuCoin TRXUSDTM
SoDEX TRX-USD
Paradex TRX-USD-PERP
BingX TRX-USDC
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]