Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%
Price spread now: Aster against Extended−0.016%7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.016%, 7d avg +0.087%
=Together, before fees+0.225%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$23 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: Aster is 0.103% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRX-USD | 0.3480 | 0.0104 | pay 0.0013% / 1h | 45m 23s | $195K | $1.0M | 25x |
| Short | Aster TRXUSDT | 0.3479 | 0.0100 | get 0.0100% / 8h | 5h 45m | $963K | $692K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$0.84
- Price spread: −0.016% → +0.087%
- −$10.34
- Slippage, 4 orders
- −$7.34
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$31.52
- Costs to cover
- 0.203%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Aster: live order book, 18 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 Extended live order book, 3 min ago | 0.14 bp | 3.5 bp −$3 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Aster live order book, 18 min ago | 0.29 bp | 7.7 bp −$8 | 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 | 0.3480 | −0.004% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3480 | +0.010% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3479 | −0.019% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3480 | +0.004% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.119% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | +0.0087% | 8h | 0.3481 | +0.039% | $8.8M | $3.5M | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3480 | −0.004% | $485K | $662K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0097% | 8h | 0.3481 | +0.021% | $14K | $122K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3479 | −0.017% | $9K | $251 | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3482 | +0.047% | $13.0M | $2.5M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDTshort | +0.0100% | 8h | 0.3479 | −0.016% | $963K | $692K | 75x | |
| Binance TRXUSDT | +0.0100% | 8h | 0.3480 | +0.015% | $105.1M | $55.9M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3481 | +0.016% | $54.0M | $11.2M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3481 | +0.019% | $15.6M | $9.4M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3480 | −0.007% | $9.7M | $2.8M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3480 | +0.013% | $18.7M | $2.1M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3481 | +0.033% | $10.4M | $3.3M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3480 | +0.001% | — | $32.8M | — | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3479 | −0.033% | $59K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3478 | −0.059% | $568K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3479 | −0.033% | $593K | $470K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3479 | −0.027% | $116K | $560K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3477 | −0.095% | $198K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3481 | +0.024% | $407 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3480 | +0.014% | $840K | $821K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3481 | +0.016% | $3.9M | $1.8M | 50x | as long as short |
| Extended TRX-USDlong | +0.0104% | 1h | 0.3480 | long leg | $195K | $1.0M | 25x | |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3479 | −0.039% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3481 | +0.027% | — | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3480 | 0.000% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0584% | 1h | 0.3482 | +0.060% | $2.4M | $1.7M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0735% | 1h | 0.3484 | +0.127% | $839K | $496K | 25x | as long as short |
Extended TRX-USD
Aster TRXUSDT
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Lighter TRX
Paradex TRX-USD-PERP
Hyperliquid TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDT
Backpack TRX_USDC_PERP
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL