Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.004%
Price spread now: Injective against Aster−0.568%107s7-day average −0.231% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 3 days (all we have)+0.495%+$49 · spread now −0.568%, 7d avg −0.231%
=Together, before fees+0.544%+ Points / potential airdropAster: Stage 5 · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.337% cheaper against Aster than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −0.231%). Swap the legs. The two prices were read 107 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 | Aster TRXUSDT | 0.3461 | 0.0100 | pay 0.0100% / 8h | 7h 09m | $957K | $666K | 75x |
| Short | Injective TRX/USDC PERP | 0.3441 | 0.0033 | get 0.0004% / 1h | 9m 40s | $1K | $163K | 12x |
Aster TRXUSDT
Injective TRX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.568% → −0.231%
- −$33.66
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$55.68
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 63 min ago; Injective: no order-book sample. 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 Aster live order book, 63 min ago | 0.29 bp | 4.3 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 | 0.3461 | +0.016% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0080% | 8h | 0.3461 | +0.013% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3461 | +0.013% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3462 | +0.051% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3462 | +0.044% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERPshort | +0.0033% | 1h | 0.3441 | −0.568% | $1K | $163K | 12x | |
| Backpack TRX_USDC_PERP | +0.0035% | 1h | 0.3460 | −0.030% | $59K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.0066% | 8h | 0.3462 | +0.037% | $565K | $37K | — | as long as short |
| Extended TRX-USD | +0.0088% | 1h | 0.3460 | −0.005% | $194K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0088% | 8h | 0.3461 | −0.004% | $18.6M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Variational Omni TRX
Extended TRX-USD
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0088% | 8h | 0.3461 | +0.002% | $101.1M | $48.8M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3461 | +0.019% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0093% | 8h | 0.3460 | −0.005% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3461 | +0.007% | $484K | $632K | 10x | as long as short |
| HTX TRX-USDT | +0.0097% | 8h | 0.3460 | −0.013% | $831K | $776K | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0099% | 8h | 0.3461 | +0.010% | $15.5M | $8.5M | 50x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3463 | +0.054% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDTlong | +0.0100% | 8h | 0.3461 | long leg | $957K | $666K | 75x | |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3461 | +0.010% | $55.1M | $8.5M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3461 | +0.022% | $9.7M | $2.6M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3462 | +0.051% | $10.4M | $3.0M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3461 | +0.010% | — | $32.9M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3461 | +0.013% | $591K | $440K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3462 | +0.031% | $115K | $566K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3458 | −0.076% | $197K | $971K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3461 | +0.007% | $402 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3461 | +0.022% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3460 | −0.016% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3463 | +0.063% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0207% | 8h | 0.3461 | −0.004% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3462 | +0.033% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0648% | 1h | 0.3465 | +0.127% | $844K | $425K | 25x | as long as short |
Binance TRXUSDT
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
Lighter TRX
HTX TRX-USDT
OKX TRX-USDT-SWAP
Hyperliquid TRX
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL