Funding you earn now, next payment 16:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BingX+0.008%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.008%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRX-USDC | 0.3492 | 0.0070 | pay 0.0070% / 8h | 6h 20m | — | $6.5M | — |
| Short | Binance TRXUSDT | 0.3492 | 0.0100 | get 0.0100% / 8h | 6h 20m | $107.5M | $64.3M | 75x |
BingX TRX-USDC
Binance TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $6.3
- Price spread: +0.008% → +0.009%
- −$0.06
- Slippage, 4 orders
- −$5.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.97
- Costs to cover
- 0.252%
- Break-even
- 28.1 days
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 1 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, 9 min ago | 0.72 bp | 7.2 bp −$7 | 23.7 bp −$237 | 225.8 bp −$22.6K | 845.9 bp −$422.9K |
| Sell Binance live order book, 1 min ago | 0.14 bp | 5.1 bp −$5 | 7.8 bp −$78 | 38.6 bp −$3,864 | doesn't fit |
TRX on 32 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.0206% | 8h | 0.3485 | −0.202% | $965K | $924K | 75x | as long as short |
| HTX TRX-USDT | −0.0202% | 8h | 0.3489 | −0.072% | $835K | $947K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3491 | −0.027% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3492 | +0.023% | $5K | $14K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0012% | 1h | 0.3491 | −0.032% | $63K | $5K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3491 | −0.009% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3492 | +0.011% | $126K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.449% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDClong | +0.0070% | 8h | 0.3492 | long leg | — | $6.5M | — | |
| Lighter TRX | +0.0096% | 1h | 0.3491 | −0.009% | $484K | $669K | 10x | as long as short |
Aster TRXUSDT
HTX TRX-USDT
Reya TRXRUSDPERP
Phoenix TRX
Backpack TRX_USDC_PERP
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Lighter TRXShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3491 | −0.024% | $9K | $52 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3491 | −0.020% | $14K | $71K | 20x | as long as short |
| Binance TRXUSDTshort | +0.0100% | 8h | 0.3492 | +0.008% | $107.5M | $64.3M | 75x | |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3491 | −0.017% | $53.7M | $13.4M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3491 | −0.009% | $15.5M | $11.4M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3492 | −0.003% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3491 | −0.011% | $18.9M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3491 | −0.017% | $8.5M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3491 | −0.023% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3491 | −0.023% | $578K | $30K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3487 | −0.137% | $595K | $509K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3487 | −0.137% | $117K | $618K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3489 | −0.063% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3491 | −0.009% | $410 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3491 | −0.011% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3490 | −0.037% | $213K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3489 | −0.067% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3490 | −0.049% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0256% | 1h | 0.3492 | +0.020% | $2.4M | $1.7M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3492 | 0.000% | $20K | — | 100x | as long as short |
| Hyperliquid TRX | +0.0453% | 1h | 0.3496 | +0.127% | $14.2M | $2.6M | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0638% | 1h | 0.3495 | +0.102% | $807K | $740K | 25x | as long as short |
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
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
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Hyperliquid TRX
Deribit TRX_USDC-PERPETUAL