Funding you earn now, next payment 01:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.030%
Price spread now: BloFin against Injective+0.436%7-day average +0.212% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.408%−$41 · spread now +0.436%, 7d avg +0.212%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.224% dearer against Injective than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.212%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TRX/USDC PERP | 0.3441 | 0.0033 | pay 0.0004% / 1h | 16m 03s | $1K | $163K | 12x |
| Short | BloFin TRX-USDT | 0.3456 | 0.0201 | get 0.0201% / 8h | 7h 16m | $4.7M | $4.0M | 50x |
Injective TRX/USDC PERP
BloFin TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $35.21
- Price spread: +0.436% → +0.212%
- $22.4
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $45.58
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 2 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 0.14 bp | 6.7 bp −$7 | 9.2 bp −$92 | 24.6 bp −$2,461 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.3456 | +0.425% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0087% | 8h | 0.3456 | +0.430% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3457 | +0.462% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | +0.447% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3457 | +0.463% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERPlong | +0.0033% | 1h | 0.3441 | long leg | $1K | $163K | 12x | |
| Backpack TRX_USDC_PERP | +0.0043% | 1h | 0.3456 | +0.433% | $58K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.0057% | 8h | 0.3455 | +0.406% | $564K | $37K | — | as long as short |
| Extended TRX-USD | +0.0080% | 1h | 0.3456 | +0.447% | $194K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0080% | 8h | 0.3456 | +0.448% | $18.4M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Variational Omni TRX
Extended TRX-USD
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0081% | 8h | 0.3457 | +0.477% | $100.8M | $48.0M | 75x | as long as short |
| HTX TRX-USDT | +0.0086% | 8h | 0.3456 | +0.450% | $830K | $755K | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0091% | 8h | 0.3458 | +0.482% | $15.5M | $8.4M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0091% | 8h | 0.3456 | +0.431% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3456 | +0.436% | $15K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3456 | +0.448% | $484K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3458 | +0.509% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3456 | +0.441% | $957K | $664K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3457 | +0.465% | $55.1M | $8.3M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3458 | +0.485% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3457 | +0.459% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3457 | +0.459% | — | $32.9M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3454 | +0.389% | $590K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3454 | +0.387% | $115K | $565K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3453 | +0.361% | $196K | $957K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3457 | +0.456% | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3457 | +0.471% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3454 | +0.389% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3458 | +0.502% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDTshort | +0.0201% | 8h | 0.3456 | +0.436% | $4.7M | $4.0M | 50x | |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3456 | +0.436% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0606% | 1h | 0.3460 | +0.562% | $846K | $421K | 25x | as long as short |
Binance TRXUSDT
HTX TRX-USDT
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL