Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.032%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$150.146% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.032%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.032% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3482 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $103.8M | $55.6M | 75x |
| Short | MEXC TRX_USDT | 0.3483 | 0.0100 | get 0.0100% / 8h | 5h 55m | $19.0M | $2.0M | 200x |
Binance TRXUSDT
MEXC TRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- Price spread: +0.032% → 0.000%
- $3.2
- Slippage, 4 orders
- −$0.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$11.37
- Costs to cover
- 0.146%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; MEXC: 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 Binance live order book, 2 min ago | 0.14 bp | 5.1 bp −$5 | 5.4 bp −$54 | 25.1 bp −$2,506 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.14 bp | 2.1 bp −$2 | 3.1 bp −$31 | 29.1 bp −$2,909 | 42.5 bp −$21.3K |
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 | 0.3486 | +0.099% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3486 | +0.092% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3485 | +0.086% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3486 | +0.094% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.186% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | +0.0065% | 8h | 0.3484 | +0.055% | $8.8M | $3.5M | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3483 | +0.014% | $485K | $662K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0097% | 8h | 0.3485 | +0.083% | $14K | $122K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3483 | +0.010% | $9K | $251 | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3487 | +0.123% | $13.1M | $2.5M | 10x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Lighter TRX
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
Hyperliquid TRXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | +0.0100% | 8h | 0.3485 | +0.091% | $965K | $692K | 75x | as long as short |
| Binance TRXUSDTlong | +0.0100% | 8h | 0.3482 | long leg | $103.8M | $55.6M | 75x | |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3483 | +0.026% | $54.1M | $11.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3482 | +0.003% | $15.7M | $9.3M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3485 | +0.083% | $9.7M | $2.8M | 75x | as long as short |
| MEXC TRX_USDTshort | +0.0100% | 8h | 0.3483 | +0.032% | $19.0M | $2.0M | 200x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3483 | +0.034% | $10.4M | $3.3M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3483 | +0.023% | — | $6.5M | — | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3485 | +0.066% | $59K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3486 | +0.104% | $569K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3484 | +0.059% | $594K | $465K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3486 | +0.095% | $116K | $561K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3482 | −0.023% | $198K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3486 | +0.103% | $406 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3484 | +0.039% | $841K | $818K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3485 | +0.086% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3482 | +0.004% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3484 | +0.037% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3485 | +0.077% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0584% | 1h | 0.3487 | +0.125% | $2.4M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0766% | 1h | 0.3489 | +0.200% | $838K | $494K | 25x | as long as short |
Aster TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
Backpack TRX_USDC_PERP
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