Funding you earn now, next payment 16:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.67 per $10,000 · paid last 24h −0.014%
Price spread now: Aster against BingX−0.169%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.169% cheaper against BingX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.059%, 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 | BingX TRX-USDT | 0.3485 | 0.0070 | pay 0.0070% / 8h | 7h 18m | — | $32.5M | — |
| Short | Aster TRXUSDT | 0.3479 | 0.0003 | get 0.0003% / 8h | 7h 18m | $969K | $829K | 75x |
BingX TRX-USDT
Aster TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- −$14.07
- Price spread: −0.169% → 0.000%
- −$16.93
- Slippage, 4 orders
- −$6.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$55.57
- Costs to cover
- 0.246%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Aster: live order book, 14 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 BingX live order book, 5 min ago | 0.43 bp | 5.7 bp −$6 | 6.3 bp −$63 | 16.4 bp −$1,635 | 40.2 bp −$20.1K |
| Sell Aster live order book, 14 min ago | 0.14 bp | 7.9 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.0184% | 8h | 0.3483 | −0.063% | $835K | $956K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3485 | −0.010% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3487 | +0.049% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3485 | +0.007% | $183K | $12K | 10x | as long as short |
| Aster TRXUSDTshort | +0.0003% | 8h | 0.3479 | −0.169% | $969K | $829K | 75x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3485 | +0.005% | $126K | — | 150x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0020% | 1h | 0.3486 | +0.025% | $2.4M | $1.9M | 25x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.265% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0054% | 1h | 0.3484 | −0.037% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDTlong | +0.0070% | 8h | 0.3485 | long leg | — | $32.5M | — |
HTX TRX-USDT
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Kraken Futures PF_TRXUSD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0096% | 8h | 0.3484 | −0.018% | $9K | $61 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3485 | 0.000% | $489K | $672K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3485 | −0.011% | $14K | $63K | 20x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3486 | +0.011% | $107.1M | $64.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3485 | −0.003% | $53.5M | $12.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3486 | +0.011% | $15.6M | $11.0M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3485 | 0.000% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3486 | +0.011% | $19.0M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3485 | +0.009% | $8.5M | $3.3M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3484 | −0.032% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3484 | −0.032% | $577K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3485 | +0.004% | $594K | $503K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3485 | −0.009% | $117K | $616K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3482 | −0.082% | $198K | $1.4M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3484 | −0.020% | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3486 | +0.023% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3484 | −0.028% | $206K | $1.2M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3483 | −0.046% | $34K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0143% | 1h | 0.3489 | +0.112% | $13.4M | $2.7M | 10x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3486 | +0.014% | $4.8M | $4.1M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3485 | +0.008% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0410% | 1h | 0.3487 | +0.067% | $809K | $753K | 25x | as long as short |
Paradex TRX-USD-PERP
Lighter TRX
Orderly PERP_TRX_USDC
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
Hyperliquid TRX
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL