Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.015%
Price spread now: edgeX against BingX−0.014%55s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.014%, 7d avg −0.015%
=Together, before fees+0.035%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 55 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 | BingX TRX-USDT | 0.3476 | 0.0070 | pay 0.0070% / 8h | 4h 24m | — | $32.8M | — |
| Short | edgeX TRXUSDC | 0.3475 | 0.0100 | get 0.0050% / 4h | 24m 33s | $593K | $472K | 20x |
BingX TRX-USDT
edgeX TRXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: −0.014% → −0.015%
- $0.11
- Slippage, 4 orders
- −$2.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$15.55
- Costs to cover
- 0.220%
- Break-even
- 24.3 days
Slippage from BingX: live order book, 14 min ago; edgeX: live order book, 34 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, 14 min ago | 0.29 bp | 5.3 bp −$5 | 6.0 bp −$60 | 16.0 bp −$1,598 | 41.5 bp −$20.7K |
| Sell edgeX live order book, 34 min ago | 1.15 bp | 5.7 bp −$6 | 7.4 bp −$74 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3475 | −0.027% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3478 | +0.072% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3476 | +0.014% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3477 | +0.022% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.004% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0044% | 1h | 0.3475 | −0.017% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDTlong | +0.0070% | 8h | 0.3476 | long leg | — | $32.8M | — | |
| Paradex TRX-USD-PERP | +0.0093% | 8h | 0.3476 | −0.005% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3476 | −0.003% | $485K | $669K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3476 | 0.000% | $15K | $100K | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
Paradex TRX-USD-PERP
Lighter TRX
Orderly PERP_TRX_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3479 | +0.078% | $13.1M | $2.6M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3476 | −0.006% | $963K | $696K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3476 | 0.000% | $105.3M | $58.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3476 | −0.006% | $53.6M | $11.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3475 | −0.014% | $15.5M | $9.8M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3476 | −0.003% | $9.7M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3476 | +0.006% | $18.8M | $2.1M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3477 | +0.026% | $8.6M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3476 | 0.000% | $10.3M | $3.3M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3475 | −0.030% | $569K | $37K | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3475 | −0.014% | $593K | $472K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3477 | +0.043% | $116K | $564K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3474 | −0.047% | $197K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3476 | −0.006% | $405 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3475 | −0.035% | $834K | $847K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3476 | +0.012% | $3.9M | $1.9M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3475 | −0.036% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3474 | −0.050% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3476 | −0.006% | $4.7M | $3.9M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0261% | 1h | 0.3477 | +0.022% | $2.4M | $1.7M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3476 | +0.016% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0659% | 1h | 0.3480 | +0.112% | $843K | $504K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL