Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.014%
Price spread now: edgeX against dYdX−0.065%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1571.570% of the position
Funding, last 7 days−0.343%−$34 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.065%, 7d avg −0.046%
=Together, before fees−0.325%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.343%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX TRX-USD | 0.3485 | 0 | get 0.0000% / 1h | 37m 36s | $183K | $12K | 10x |
| Short | edgeX TRXUSDC | 0.3483 | 0.0100 | get 0.0050% / 4h | 2h 37m | $594K | $476K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against dYdX. 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
- $21
- Price spread: −0.065% → −0.046%
- −$1.89
- Slippage, 4 orders
- −$137.97
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$137.86
- Costs to cover
- 1.570%
- Break-even
- 53.0 days
Slippage from dYdX: live order book, 11 min ago; edgeX: live order book, 11 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 dYdX live order book, 11 min ago | 60.59 bp | 78.9 bp −$79 | 115.9 bp −$1,159 | 201.8 bp −$20.2K | 514.3 bp −$257.1K |
| Sell edgeX live order book, 11 min ago | 0.86 bp | 5.4 bp −$5 | 7.5 bp −$75 | 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 | 0.3483 | −0.046% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3486 | +0.016% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USDlong | 0.0000% | 1h | 0.3485 | long leg | $183K | $12K | 10x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3485 | 0.000% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.263% | $1K | $163K | 12x | as long as short |
| HTX TRX-USDT | +0.0050% | 8h | 0.3483 | −0.048% | $832K | $919K | 75x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3485 | −0.007% | — | $32.8M | — | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3486 | +0.016% | $487K | $671K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3485 | +0.010% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0100% | 8h | 0.3484 | −0.024% | $14K | $60K | 20x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3489 | +0.108% | $13.3M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3485 | −0.008% | $964K | $699K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3486 | +0.029% | $107.0M | $62.4M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3485 | −0.001% | $53.9M | $12.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3486 | +0.016% | $15.5M | $10.3M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3486 | +0.019% | $9.7M | $3.1M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3486 | +0.022% | $18.9M | $2.1M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3485 | +0.002% | $8.5M | $3.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3485 | +0.005% | $9.9M | $4.3M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3484 | −0.030% | $62K | $5K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3482 | −0.088% | $570K | $37K | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3483 | −0.065% | $594K | $476K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3485 | −0.012% | $116K | $581K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3483 | −0.063% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3484 | −0.015% | $409 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3484 | −0.015% | $4.0M | $1.9M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3484 | −0.016% | $195K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3483 | −0.058% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3483 | −0.058% | $4.7M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0411% / S −0.0492% | 1h | 0.3485 | −0.011% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0415% | 1h | 0.3485 | +0.006% | $2.4M | $1.8M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0611% | 1h | 0.3489 | +0.109% | $902K | $643K | 25x | as long as short |
edgeX TRXUSDC
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
HTX TRX-USDT
BingX TRX-USDT
Lighter TRX
Paradex TRX-USD-PERP
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Backpack TRX_USDC_PERP
Variational Omni TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL