Funding you earn now, next payment 00:00 UTC−0.0123%/8h= −13.4% APRnext payment −$1.23 per $10,000 · paid last 24h −0.028%
Price spread now: Aster against Bitget+0.023%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$280.285% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.023%, 7d avg +0.034%
=Together, before fees+0.096%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.102%, 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 | Bitget TRXUSDT | 0.3438 | 0.0068 | pay 0.0068% / 8h | 2h 32m | $9.4M | $2.1M | 75x |
| Short | Aster TRXUSDT | 0.3438 | −0.0055 | pay 0.0055% / 8h | 2h 32m | $951K | $638K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$25.75
- Price spread: +0.023% → +0.034%
- −$1.05
- Slippage, 4 orders
- −$8.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$55.26
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 55 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 Bitget live order book, 1 min ago | 0.29 bp | 8.9 bp −$9 | 14.2 bp −$142 | 37.3 bp −$3,725 | doesn't fit |
| Sell Aster live order book, 55 min ago | 0.58 bp | 4.6 bp −$5 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3437 | −0.016% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0089% | 8h | 0.3437 | −0.017% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0086% | 8h | 0.3436 | −0.035% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3439 | +0.044% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDTshort | −0.0055% | 8h | 0.3438 | +0.023% | $951K | $638K | 75x | |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3439 | +0.041% | $1K | $100K | 12x | as long as short |
| Backpack TRX_USDC_PERP | −0.0041% | 1h | 0.3438 | +0.003% | $58K | $5K | 10x | as long as short |
| HTX TRX-USDT | −0.0032% | 8h | 0.3436 | −0.033% | $825K | $708K | 75x | as long as short |
| Lighter TRX | −0.0008% | 1h | 0.3437 | −0.009% | $483K | $628K | 10x | as long as short |
| SoDEX TRX-USD | −0.0007% | 1h | 0.3438 | 0.000% | $404 | $5K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | −0.0002% | 8h | 0.3438 | +0.002% | $99.2M | $49.1M | 75x | as long as short |
| MEXC TRX_USDT | −0.0002% | 8h | 0.3438 | +0.003% | $17.2M | $1.6M | 200x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3437 | −0.025% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3439 | +0.047% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0008% | 8h | 0.3437 | −0.006% | $15.6M | $8.8M | 50x | as long as short |
| KuCoin TRXUSDTM | +0.0032% | 8h | 0.3436 | −0.041% | $8.7M | $3.6M | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0041% | 8h | 0.3438 | +0.004% | $9K | $385 | 20x | as long as short |
| BingX TRX-USDC | +0.0066% | 8h | 0.3438 | +0.003% | — | $6.5M | — | as long as short |
| Bitget TRXUSDTlong | +0.0068% | 8h | 0.3438 | long leg | $9.4M | $2.1M | 75x | |
| Phemex TRXUSDT | +0.0074% | 8h | 0.3438 | +0.006% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3436 | −0.047% | $33K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3440 | +0.064% | $1.9M | $977K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0088% | 8h | 0.3438 | +0.009% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3440 | +0.064% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3438 | +0.006% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3438 | +0.012% | $587K | $436K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3440 | +0.058% | $115K | $541K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3441 | +0.097% | $196K | $915K | 30x | as long as short |
| BloFin TRX-USDT | +0.0118% | 8h | 0.3439 | +0.044% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0146% | 1h | 0.3439 | +0.031% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0285% | 1h | 0.3442 | +0.128% | $828K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0351% / S −0.0367% | 1h | 0.3439 | +0.042% | $19K | — | 100x | as long as short |
Bitget TRXUSDT
Aster TRXUSDT
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
HTX TRX-USDT
Lighter TRX
SoDEX TRX-USD
Binance TRXUSDT
MEXC TRX_USDT
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
KuCoin TRXUSDTM
Paradex TRX-USD-PERP
BingX TRX-USDC
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]