Funding you earn now, next payment 00:00 UTC+0.0149%/8h= +16.4% APRnext payment +$1.49 per $10,000 · paid last 24h +0.019%
Price spread now: Aster against KuCoin+0.038%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.038%, 7d avg +0.015%
=Together, before fees+0.158%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.023% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3443 | −0.0091 | get 0.0091% / 8h | 28m 57s | $8.7M | $3.6M | 75x |
| Short | Aster TRXUSDT | 0.3445 | 0.0058 | get 0.0058% / 8h | 28m 57s | $956K | $659K | 75x |
KuCoin TRXUSDTM
Aster TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- $31.36
- Price spread: +0.038% → +0.015%
- $2.29
- Slippage, 4 orders
- −$14.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$1.31
- Costs to cover
- 0.350%
- Break-even
- 7.3 days
Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 49 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 KuCoin live order book, 4 min ago | 0.58 bp | 11.9 bp −$12 | 108.6 bp −$1,086 | doesn't fit | doesn't fit |
| Sell Aster live order book, 49 min ago | 0.14 bp | 6.2 bp −$6 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.0146% | 1h | 0.3441 | −0.070% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3443 | +0.003% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTMlong | −0.0091% | 8h | 0.3443 | long leg | $8.7M | $3.6M | 75x | |
| Backpack TRX_USDC_PERP | −0.0076% | 1h | 0.3444 | +0.006% | $58K | $4K | 10x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3445 | +0.044% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0038% | 8h | 0.3443 | −0.009% | $563K | $36K | — | as long as short |
| HTX TRX-USDT | −0.0023% | 8h | 0.3443 | −0.002% | $827K | $729K | 75x | as long as short |
| Bybit TRXUSDT | −0.0020% | 8h | 0.3444 | +0.012% | $54.7M | $8.0M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3445 | +0.060% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3445 | +0.046% | $121K | — | 150x | as long as short |
Injective TRX/USDC PERP
Reya TRXRUSDPERP
Backpack TRX_USDC_PERP
Phoenix TRX
Variational Omni TRX
HTX TRX-USDT
Bybit TRXUSDT
dYdX TRX-USD
gTrade (Gains Network) TRX/USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0019% | 8h | 0.3444 | +0.015% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDT | +0.0030% | 8h | 0.3444 | +0.020% | $18.2M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0031% | 8h | 0.3444 | +0.023% | $99.3M | $47.9M | 75x | as long as short |
| Extended TRX-USD | +0.0032% | 1h | 0.3443 | −0.004% | $196K | $1.1M | 25x | as long as short |
| Aster TRXUSDTshort | +0.0058% | 8h | 0.3445 | +0.038% | $956K | $659K | 75x | |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3445 | +0.053% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0068% | 8h | 0.3444 | +0.004% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0085% | 8h | 0.3444 | +0.017% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0085% | 8h | 0.3444 | +0.009% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3442 | −0.032% | $33K | — | 3x | as long as short |
| SoDEX TRX-USD | +0.0091% | 1h | 0.3444 | +0.015% | $402 | $5K | 5x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3444 | +0.006% | $14K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3443 | 0.000% | $482K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3446 | +0.070% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3444 | +0.023% | $9.5M | $2.2M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.006% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3443 | −0.013% | $588K | $433K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3444 | +0.029% | $115K | $565K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3445 | +0.045% | $196K | $923K | 30x | as long as short |
| BloFin TRX-USDT | +0.0125% | 8h | 0.3444 | +0.015% | $4.6M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3445 | +0.038% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0516% | 1h | 0.3448 | +0.132% | $830K | $414K | 25x | as long as short |
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
SoDEX TRX-USD
Orderly PERP_TRX_USDC
Lighter TRX
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL