Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.049%
Price spread now: dYdX against Aster+0.020%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1831.831% of the position
Funding, last 7 days+0.295%+$30 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.020%, 7d avg +0.001%
=Together, before fees+0.231%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.295%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TRXUSDT | 0.3478 | 0.0100 | pay 0.0100% / 8h | 6h 02m | $961K | $673K | 75x |
| Short | dYdX TRX-USD | 0.3478 | 0 | get 0.0000% / 1h | 2m 04s | $183K | $10K | 10x |
Aster TRXUSDT
dYdX TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Aster. 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
- −$21
- Price spread: +0.020% → +0.001%
- $1.92
- Slippage, 4 orders
- −$165.13
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$202.22
- Costs to cover
- 1.831%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; dYdX: live order book, 2 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 Aster live order book, 1 min ago | 0.29 bp | 5.6 bp −$6 | 54.0 bp −$540 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 2 min ago | 79.89 bp | 84.9 bp −$85 | 84.9 bp −$849 | 85.9 bp −$8,589 | 355.4 bp −$177.7K |
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 | 0.3478 | +0.006% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3475 | −0.071% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USDshort | 0.0000% | 1h | 0.3478 | +0.020% | $183K | $10K | 10x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3478 | +0.002% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.054% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | +0.0050% | 8h | 0.3478 | +0.018% | $8.7M | $3.5M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0084% | 1h | 0.3477 | −0.028% | $59K | $4K | 10x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3477 | −0.008% | $485K | $663K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0097% | 8h | 0.3477 | −0.019% | $14K | $122K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0098% | 8h | 0.3477 | −0.014% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Lighter TRX
Orderly PERP_TRX_USDC
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 | 0.3479 | +0.041% | $13.0M | $2.5M | 10x | as long as short |
| Aster TRXUSDTlong | +0.0100% | 8h | 0.3478 | long leg | $961K | $673K | 75x | |
| Binance TRXUSDT | +0.0100% | 8h | 0.3478 | +0.001% | $103.5M | $53.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3478 | +0.010% | $54.2M | $10.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3478 | +0.021% | $15.6M | $9.0M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3478 | +0.007% | $9.7M | $2.8M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3478 | −0.005% | $19.0M | $2.1M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3478 | +0.024% | $10.3M | $3.3M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3478 | +0.012% | — | $6.5M | — | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3473 | −0.137% | $567K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3472 | −0.152% | $592K | $463K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3472 | −0.157% | $115K | $562K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3473 | −0.134% | $197K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3478 | +0.007% | $408 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3475 | −0.064% | $838K | $814K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3478 | +0.007% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3478 | −0.002% | $194K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3476 | −0.059% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3477 | −0.015% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0523% | 1h | 0.3479 | +0.036% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0722% | 1h | 0.3481 | +0.100% | $816K | $478K | 25x | as long as short |
Hyperliquid TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
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