Funding you earn now, next payment 04:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h −0.044%
Price spread now: Aster against Kraken Futures−0.018%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.355% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.018%, 7d avg −0.008%
=Together, before fees+0.334%+ Points / potential airdropAster: Stage 5 · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.183%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TRXUSD | 0.3479 | 0.0261 | pay 0.0033% / 1h | 29m 15s | $2.4M | $1.7M | 25x |
| Short | Aster TRXUSDT | 0.3478 | 0.0100 | get 0.0100% / 8h | 4h 29m | $964K | $696K | 75x |
Kraken Futures PF_TRXUSD
Aster TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$33.79
- Price spread: −0.018% → −0.008%
- −$0.98
- Slippage, 4 orders
- −$17.48
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$70.25
- Costs to cover
- 0.355%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Aster: live order book, 29 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 Kraken Futures live order book, 4 min ago | 2.45 bp | 10.6 bp −$11 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Aster live order book, 29 min ago | 0.14 bp | 8.0 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 | 0.3477 | −0.044% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3478 | −0.009% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3479 | −0.006% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3478 | −0.017% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.084% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0054% | 1h | 0.3478 | −0.026% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3478 | −0.023% | — | $32.8M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0092% | 8h | 0.3477 | −0.049% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3478 | −0.032% | $485K | $669K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0098% | 8h | 0.3478 | −0.021% | $15K | $100K | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
BingX TRX-USDT
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 | 0.3480 | +0.048% | $13.1M | $2.6M | 10x | as long as short |
| Aster TRXUSDTshort | +0.0100% | 8h | 0.3478 | −0.018% | $964K | $696K | 75x | |
| Binance TRXUSDT | +0.0100% | 8h | 0.3478 | −0.022% | $105.2M | $58.7M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3478 | −0.021% | $53.7M | $11.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3477 | −0.061% | $15.5M | $9.8M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3478 | −0.035% | $9.7M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3478 | −0.006% | $18.8M | $2.1M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3479 | +0.008% | $8.6M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3479 | −0.003% | $10.4M | $3.3M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3475 | −0.110% | $568K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3476 | −0.090% | $593K | $473K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3476 | −0.090% | $116K | $563K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3477 | −0.044% | $198K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3478 | −0.026% | $408 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3477 | −0.056% | $835K | $845K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3478 | −0.029% | $3.9M | $1.9M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3477 | −0.054% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3476 | −0.072% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3478 | −0.029% | $4.7M | $3.9M | 50x | as long as short |
| Kraken Futures PF_TRXUSDlong | +0.0261% | 1h | 0.3479 | long leg | $2.4M | $1.7M | 25x | |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3478 | −0.025% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0572% | 1h | 0.3481 | +0.067% | $844K | $504K | 25x | as long as short |
Hyperliquid TRX
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