Funding you earn now, next payment 00:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.015%
Price spread now: Aster against Bybit+0.038%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now +0.038%, 7d avg +0.034%
=Together, before fees+0.180%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRXUSDT | 0.3438 | −0.0094 | get 0.0094% / 8h | 3h 11m | $54.8M | $7.9M | 75x |
| Short | Aster TRXUSDT | 0.3439 | −0.0057 | pay 0.0057% / 8h | 3h 11m | $952K | $634K | 75x |
Bybit TRXUSDT
Aster TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- $7.83
- Price spread: +0.038% → +0.034%
- $0.41
- Slippage, 4 orders
- −$8.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$19.41
- Costs to cover
- 0.277%
- Break-even
- 24.3 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 16 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 Bybit live order book, 3 min ago | 1.45 bp | 8.4 bp −$8 | 10.8 bp −$108 | 38.5 bp −$3,853 | doesn't fit |
| Sell Aster live order book, 16 min ago | 0.58 bp | 4.6 bp −$5 | doesn't fit | 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 | 0.3438 | +0.006% | $5 | — | 20x | as long as short |
| BingX TRX-USDT | −0.0102% | 8h | 0.3439 | +0.015% | — | $37.9M | — | as long as short |
| Bybit TRXUSDTlong | −0.0094% | 8h | 0.3438 | long leg | $54.8M | $7.9M | 75x | |
| Variational Omni TRX | −0.0082% | 8h | 0.3440 | +0.042% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3440 | +0.067% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDTshort | −0.0057% | 8h | 0.3439 | +0.038% | $952K | $634K | 75x | |
| Backpack TRX_USDC_PERP | −0.0049% | 1h | 0.3439 | +0.017% | $58K | $7K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3442 | +0.113% | $1K | $77K | 12x | as long as short |
| HTX TRX-USDT | −0.0032% | 8h | 0.3437 | −0.038% | $825K | $702K | 75x | as long as short |
| SoDEX TRX-USD | −0.0014% | 1h | 0.3438 | +0.009% | $404 | $5K | 5x | as long as short |
Reya TRXRUSDPERP
BingX TRX-USDT
Variational Omni TRX
Phoenix TRX
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
HTX TRX-USDT
SoDEX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | −0.0003% | 8h | 0.3438 | −0.003% | $99.2M | $49.8M | 75x | as long as short |
| MEXC TRX_USDT | −0.0003% | 8h | 0.3439 | +0.017% | $17.1M | $1.6M | 200x | as long as short |
| Lighter TRX | 0.0000% | 1h | 0.3438 | 0.000% | $483K | $629K | 10x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3438 | −0.010% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3441 | +0.077% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0006% | 8h | 0.3438 | +0.006% | $15.6M | $8.8M | 50x | as long as short |
| dYdX TRX-USD | +0.0032% | 1h | 0.3441 | +0.075% | $183K | $6K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0039% | 8h | 0.3439 | +0.020% | $9K | $385 | 20x | as long as short |
| Bitget TRXUSDT | +0.0063% | 8h | 0.3438 | −0.012% | $9.4M | $2.1M | 75x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3437 | −0.032% | $33K | — | 3x | as long as short |
| Phemex TRXUSDT | +0.0082% | 8h | 0.3438 | +0.009% | $3.8M | $1.6M | 50x | as long as short |
| Orderly PERP_TRX_USDC | +0.0086% | 8h | 0.3439 | +0.017% | $14K | $107K | 20x | as long as short |
| KuCoin TRXUSDTM | +0.0097% | 8h | 0.3437 | −0.023% | $8.7M | $3.6M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3441 | +0.079% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3439 | +0.015% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3440 | +0.042% | $587K | $437K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.096% | $115K | $538K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3441 | +0.073% | $196K | $913K | 30x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0116% | 1h | 0.3441 | +0.073% | $1.9M | $999K | 25x | as long as short |
| BloFin TRX-USDT | +0.0117% | 8h | 0.3439 | +0.026% | $4.6M | $4.0M | 50x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0328% | 1h | 0.3443 | +0.131% | $828K | $409K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0350% / S −0.0367% | 1h | 0.3440 | +0.057% | $19K | — | 100x | as long as short |
Binance TRXUSDT
MEXC TRX_USDT
Lighter TRX
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
dYdX TRX-USD
Paradex TRX-USD-PERP
Bitget TRXUSDT
Aevo TRX-PERP
Phemex TRXUSDT
Orderly PERP_TRX_USDC
KuCoin TRXUSDTM
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]