Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.016%
Price spread now: KuCoin against Extended+0.062%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.062%, 7d avg +0.075%
=Together, before fees−0.019%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRX-USD | 0.3484 | 0.0104 | pay 0.0013% / 1h | 58m 11s | $206K | $1.2M | 25x |
| Short | KuCoin TRXUSDTM | 0.3486 | 0.0100 | get 0.0100% / 8h | 7h 58m | $8.5M | $3.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.062% → +0.075%
- −$1.27
- Slippage, 4 orders
- −$19.12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$38.23
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago | 0.14 bp | 3.5 bp −$3 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 0.57 bp | 14.5 bp −$15 | 60.2 bp −$602 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.0185% | 8h | 0.3481 | −0.091% | $834K | $959K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3484 | +0.012% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3484 | +0.005% | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3485 | +0.035% | $183K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3485 | +0.044% | $126K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0020% | 1h | 0.3487 | +0.080% | $2.4M | $1.9M | 25x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.232% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3485 | +0.039% | — | $32.6M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0090% | 8h | 0.3484 | +0.001% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3486 | +0.059% | $487K | $671K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3485 | +0.033% | $14K | $63K | 20x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3484 | −0.010% | $973K | $715K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3486 | +0.065% | $107.0M | $65.0M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3486 | +0.059% | $53.5M | $12.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3486 | +0.053% | $15.7M | $10.9M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3485 | +0.042% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3486 | +0.068% | $19.0M | $2.3M | 200x | as long as short |
| KuCoin TRXUSDTMshort | +0.0100% | 8h | 0.3486 | +0.062% | $8.5M | $3.3M | 75x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3485 | +0.028% | $9.8M | $4.4M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3485 | +0.028% | $62K | $5K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3482 | −0.055% | $569K | $30K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3482 | −0.050% | $594K | $502K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3482 | −0.047% | $116K | $607K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3483 | −0.023% | $198K | $1.4M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3485 | +0.042% | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3485 | +0.039% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USDlong | +0.0104% | 1h | 0.3484 | long leg | $206K | $1.2M | 25x | |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3484 | 0.000% | $34K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0109% | 1h | 0.3489 | +0.151% | $13.4M | $2.8M | 10x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3483 | −0.015% | $4.8M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3485 | +0.020% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0631% | 1h | 0.3489 | +0.147% | $843K | $719K | 25x | as long as short |
Extended TRX-USD
KuCoin TRXUSDTM
HTX TRX-USDT
Phoenix TRX
gTrade (Gains Network) TRX/USD
Kraken Futures PF_TRXUSD
Injective TRX/USDC PERP
BingX TRX-USDT
Paradex TRX-USD-PERP
Lighter TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
Backpack TRX_USDC_PERP
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Hyperliquid TRX
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL