Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against MEXC−0.012%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.012%, 7d avg +0.012%
=Together, before fees+0.174%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.025% cheaper against MEXC than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.012%). If the spread goes back, that is −$2 on $10k: about 2.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TRX_USDT | 0.3443 | 0.0036 | pay 0.0036% / 8h | 9m 30s | $18.2M | $1.9M | 200x |
| Short | Aster TRXUSDT | 0.3443 | 0.0077 | get 0.0077% / 8h | 9m 30s | $956K | $660K | 75x |
MEXC TRX_USDT
Aster TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- $8.55
- Price spread: −0.012% → +0.012%
- −$2.47
- Slippage, 4 orders
- −$5.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$11.76
- Costs to cover
- 0.178%
- Break-even
- 16.6 days
Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 3 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 MEXC live order book, 4 min ago | 0.14 bp | 2.1 bp −$2 | 3.4 bp −$34 | 23.2 bp −$2,322 | 38.9 bp −$19.4K |
| Sell Aster live order book, 3 min ago | 0.29 bp | 9.0 bp −$9 | 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 | −0.073% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3442 | −0.045% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0094% | 8h | 0.3443 | −0.012% | $8.7M | $3.6M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0075% | 1h | 0.3443 | −0.012% | $58K | $4K | 10x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3444 | +0.017% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0023% | 8h | 0.3442 | −0.044% | $563K | $36K | — | as long as short |
| HTX TRX-USDT | −0.0019% | 8h | 0.3443 | −0.014% | $827K | $732K | 75x | as long as short |
| Bybit TRXUSDT | −0.0010% | 8h | 0.3443 | −0.015% | $54.6M | $8.0M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3444 | +0.026% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3444 | +0.027% | $121K | — | 150x | as long as short |
Injective TRX/USDC PERP
Reya TRXRUSDPERP
KuCoin TRXUSDTM
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 | +0.0029% | 8h | 0.3443 | −0.023% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDTlong | +0.0036% | 8h | 0.3443 | long leg | $18.2M | $1.9M | 200x | |
| Binance TRXUSDT | +0.0038% | 8h | 0.3443 | −0.014% | $99.3M | $47.9M | 75x | as long as short |
| Extended TRX-USD | +0.0040% | 1h | 0.3442 | −0.048% | $196K | $1.1M | 25x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3445 | +0.034% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0074% | 8h | 0.3442 | −0.033% | $9K | $385 | 20x | as long as short |
| Aster TRXUSDTshort | +0.0077% | 8h | 0.3443 | −0.012% | $956K | $660K | 75x | |
| Lighter TRX | +0.0080% | 1h | 0.3443 | −0.020% | $482K | $630K | 10x | as long as short |
| Gate TRX_USDT | +0.0082% | 8h | 0.3443 | −0.026% | $9.6M | $2.5M | 75x | as long as short |
| SoDEX TRX-USD | +0.0085% | 1h | 0.3443 | −0.003% | $399 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0085% | 8h | 0.3444 | +0.003% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3441 | −0.060% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3443 | −0.020% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3445 | +0.038% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3443 | −0.020% | $9.5M | $2.2M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3443 | −0.020% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3443 | −0.020% | $588K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3444 | +0.006% | $115K | $568K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.012% | $196K | $927K | 30x | as long as short |
| BloFin TRX-USDT | +0.0147% | 8h | 0.3443 | −0.009% | $4.6M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3444 | +0.005% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0519% | 1h | 0.3447 | +0.102% | $832K | $417K | 25x | as long as short |
OKX TRX-USDT-SWAP
Binance TRXUSDT
Extended TRX-USD
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
Lighter TRX
Gate TRX_USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL