Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.019%
Price spread now: BingX against Paradex+0.034%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.034% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex TRX-USD-PERP | 0.3473 | 0.0098 | pay 0.0098% / 8h | 6h 05m | $9K | $251 | 20x |
| Short | BingX TRX-USDT | 0.3474 | 0.0100 | get 0.0100% / 8h | 6h 05m | — | $32.8M | — |
Paradex TRX-USD-PERP
BingX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Paradex. 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
- $0.36
- Price spread: +0.034% → 0.000%
- $3.42
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$10.21
- Costs to cover
- 0.140%
- Break-even
- 203.9 days
Slippage unknown: Paradex: no order-book sample; BingX: live order book, 3 min ago. Net counts fees only.
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 Paradex no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 0.43 bp | 5.4 bp −$5 | 6.8 bp −$68 | 13.8 bp −$1,376 | 37.7 bp −$18.9K |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.3473 | +0.010% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3473 | −0.003% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3474 | +0.044% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3474 | +0.037% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.919% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | +0.0042% | 8h | 0.3475 | +0.066% | $8.7M | $3.5M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0080% | 1h | 0.3473 | 0.000% | $59K | $4K | 10x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3474 | +0.031% | $484K | $663K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0096% | 8h | 0.3473 | +0.017% | $14K | $122K | 20x | as long as short |
| Paradex TRX-USD-PERPlong | +0.0098% | 8h | 0.3473 | long leg | $9K | $251 | 20x |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Lighter TRX
Orderly PERP_TRX_USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3475 | +0.072% | $13.0M | $2.5M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3473 | +0.002% | $959K | $673K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3474 | +0.040% | $103.4M | $53.5M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3474 | +0.031% | $54.1M | $10.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3474 | +0.040% | $15.5M | $9.1M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3474 | +0.043% | $9.7M | $2.8M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3474 | +0.043% | $18.9M | $2.1M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3474 | +0.046% | $10.3M | $3.3M | 75x | as long as short |
| BingX TRX-USDTshort | +0.0100% | 8h | 0.3474 | +0.034% | — | $32.8M | — | |
| Variational Omni TRX | +0.0100% | 8h | 0.3473 | −0.001% | $567K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3471 | −0.055% | $592K | $463K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3472 | −0.023% | $115K | $563K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3471 | −0.068% | $197K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3474 | +0.028% | $406 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3473 | +0.015% | $835K | $809K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3474 | +0.026% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3474 | +0.023% | $194K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3472 | −0.034% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3474 | +0.023% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0524% | 1h | 0.3475 | +0.072% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0682% | 1h | 0.3478 | +0.148% | $815K | $478K | 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
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
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL