Funding you earn now, next payment 04:00 UTC+0.0261%/8h= +28.6% APRnext payment +$0.33 per $10,000 · paid last 24h 0.000%
Price spread now: Kraken Futures against dYdX+0.009%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2032.025% of the position
Funding, last 7 days−0.478%−$48 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.009%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.478%, 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 | 0.3476 | 0 | get 0.0000% / 1h | 25m 07s | $183K | $10K | 10x |
| Short | Kraken Futures PF_TRXUSD | 0.3477 | 0.0261 | get 0.0033% / 1h | 25m 07s | $2.4M | $1.7M | 25x |
dYdX TRX-USD
Kraken Futures PF_TRXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $54.82
- Price spread: +0.009% → +0.004%
- $0.51
- Slippage, 4 orders
- −$182.54
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$147.2
- Costs to cover
- 2.025%
- Break-even
- 25.8 days
Slippage from dYdX: live order book, 34 min ago; Kraken Futures: live order book, 4 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, 34 min ago | 82.07 bp | 87.1 bp −$87 | 91.2 bp −$912 | 111.1 bp −$11.1K | 449.1 bp −$224.6K |
| Sell Kraken Futures live order book, 4 min ago | 8.91 bp | 14.5 bp −$14 | 21.8 bp −$218 | 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 | 0.3475 | −0.040% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3478 | +0.058% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USDlong | 0.0000% | 1h | 0.3476 | long leg | $183K | $10K | 10x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3477 | +0.009% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.018% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0044% | 1h | 0.3475 | −0.031% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3476 | −0.011% | — | $6.5M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0093% | 8h | 0.3476 | −0.019% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3476 | −0.019% | $485K | $669K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3476 | −0.014% | $15K | $100K | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
BingX TRX-USDC
Paradex TRX-USD-PERP
Lighter TRX
Orderly PERP_TRX_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3479 | +0.064% | $13.1M | $2.6M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3476 | −0.014% | $963K | $696K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3476 | −0.018% | $105.3M | $58.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3476 | −0.011% | $53.6M | $11.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3475 | −0.031% | $15.5M | $9.8M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3476 | −0.014% | $9.7M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3476 | −0.022% | $18.8M | $2.1M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3477 | +0.027% | $8.6M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3476 | −0.014% | $10.3M | $3.3M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3475 | −0.044% | $569K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3475 | −0.028% | $593K | $472K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3477 | +0.030% | $116K | $564K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3474 | −0.060% | $197K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3476 | −0.019% | $405 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3475 | −0.049% | $834K | $847K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3476 | −0.002% | $3.9M | $1.9M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3475 | −0.049% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3474 | −0.064% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3476 | −0.019% | $4.7M | $3.9M | 50x | as long as short |
| Kraken Futures PF_TRXUSDshort | +0.0261% | 1h | 0.3477 | +0.009% | $2.4M | $1.7M | 25x | |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3476 | +0.002% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0659% | 1h | 0.3480 | +0.098% | $843K | $504K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
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
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL