Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Binance against KuCoin−0.010%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.010%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3483 | 0.0100 | pay 0.0100% / 8h | 0m 29s | $8.5M | $3.3M | 75x |
| Short | Binance TRXUSDT | 0.3483 | 0.0100 | get 0.0100% / 8h | 0m 29s | $106.9M | $65.0M | 75x |
KuCoin TRXUSDTM
Binance TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.010% → +0.002%
- −$1.22
- Slippage, 4 orders
- −$18.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.81
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 12 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, 8 min ago | 0.57 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.14 bp | 5.1 bp −$5 | 7.4 bp −$74 | 38.3 bp −$3,835 | 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 | 0.3482 | −0.034% | $5 | — | 20x | as long as short |
| HTX TRX-USDT | −0.0089% | 8h | 0.3481 | −0.077% | $834K | $958K | 75x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3484 | +0.003% | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3483 | −0.006% | $183K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3484 | +0.003% | $126K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0015% | 1h | 0.3482 | −0.034% | $62K | $5K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.220% | $1K | $163K | 12x | as long as short |
| SoDEX TRX-USD | +0.0037% | 1h | 0.3483 | −0.020% | $405 | $5K | 5x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3482 | −0.034% | — | $6.5M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0090% | 8h | 0.3482 | −0.039% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
HTX TRX-USDT
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
SoDEX TRX-USD
BingX TRX-USDC
Paradex TRX-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | +0.0096% | 1h | 0.3483 | −0.020% | $487K | $674K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3483 | −0.029% | $14K | $63K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3487 | +0.086% | $13.4M | $2.8M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3481 | −0.062% | $972K | $715K | 75x | as long as short |
| Binance TRXUSDTshort | +0.0100% | 8h | 0.3483 | −0.010% | $106.9M | $65.0M | 75x | |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3483 | −0.014% | $53.5M | $12.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3483 | −0.009% | $15.6M | $10.9M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3483 | −0.020% | $9.6M | $3.4M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3483 | −0.011% | $19.1M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTMlong | +0.0100% | 8h | 0.3483 | long leg | $8.5M | $3.3M | 75x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3482 | −0.037% | $9.8M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3482 | −0.042% | $569K | $30K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3482 | −0.038% | $594K | $502K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3482 | −0.034% | $116K | $607K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3481 | −0.077% | $198K | $1.4M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3483 | −0.017% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3482 | −0.045% | $206K | $1.2M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3481 | −0.059% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3483 | −0.014% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0296% | 1h | 0.3484 | +0.023% | $2.3M | $1.9M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0411% / S −0.0492% | 1h | 0.3483 | −0.002% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0445% | 1h | 0.3487 | +0.089% | $843K | $763K | 25x | as long as short |
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL