Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.029%
Price spread now: edgeX against KuCoin−0.149%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$380.377% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.149%, 7d avg −0.020%
=Together, before fees+0.273%+ Points / potential airdropedgeX: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.128% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.020%). If the spread goes back, that is −$13 on $10k: about 4.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3473 | 0.0006 | pay 0.0006% / 8h | 6h 22m | $8.7M | $3.5M | 75x |
| Short | edgeX TRXUSDC | 0.3468 | 0.0100 | get 0.0050% / 4h | 2h 22m | $592K | $448K | 20x |
KuCoin TRXUSDTM
edgeX TRXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $19.74
- Price spread: −0.149% → −0.020%
- −$12.84
- Slippage, 4 orders
- −$16.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$30.81
- Costs to cover
- 0.377%
- Break-even
- 17.9 days
Slippage from KuCoin: live order book, 10 min ago; edgeX: live order book, 46 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, 10 min ago | 0.87 bp | 14.2 bp −$14 | 95.2 bp −$952 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 46 min ago | 0.87 bp | 5.4 bp −$5 | 6.9 bp −$69 | doesn't fit | doesn't fit |
TRX on 31 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 | 0.3472 | −0.037% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3471 | −0.066% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3472 | −0.031% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3472 | −0.039% | $122K | — | 150x | as long as short |
| KuCoin TRXUSDTMlong | +0.0006% | 8h | 0.3473 | long leg | $8.7M | $3.5M | 75x | |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.936% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0063% | 1h | 0.3471 | −0.069% | $59K | $4K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0094% | 8h | 0.3471 | −0.072% | $14K | $122K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3476 | +0.072% | $485K | $663K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0097% | 8h | 0.3472 | −0.045% | $9K | $251 | 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
Orderly PERP_TRX_USDC
Lighter TRX
Paradex TRX-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3478 | +0.115% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3472 | −0.044% | $959K | $670K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3473 | −0.011% | $102.9M | $51.1M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3474 | +0.020% | $54.9M | $9.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3477 | +0.092% | $15.6M | $8.8M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3472 | −0.035% | $9.7M | $2.7M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3473 | −0.023% | $18.5M | $2.0M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3476 | +0.078% | $10.4M | $3.2M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3473 | −0.009% | — | $6.5M | — | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3471 | −0.074% | $566K | $36K | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3468 | −0.149% | $592K | $448K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3472 | −0.037% | $115K | $562K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3470 | −0.109% | $197K | $1.0M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3472 | −0.032% | $407 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3470 | −0.091% | $834K | $795K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3472 | −0.035% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3472 | −0.047% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3470 | −0.094% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3472 | −0.048% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0524% | 1h | 0.3474 | +0.011% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0643% | 1h | 0.3476 | +0.060% | $800K | $463K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
Variational Omni TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL