Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.038%
Price spread now: Aster against dYdX−0.035%49s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as 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−$1641.642% of the position
Funding, last 7 days−0.295%−$30 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.035%, 7d avg −0.001%
=Together, before fees−0.215%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.034% cheaper against dYdX than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.001%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.295%, so the current rate has only just turned in your favour. The two prices were read 49 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 | dYdX TRX-USD | 0.3489 | 0 | get 0.0000% / 1h | 30m 58s | $183K | $12K | 10x |
| Short | Aster TRXUSDT | 0.3487 | 0.0100 | get 0.0100% / 8h | 1h 30m | $966K | $701K | 75x |
dYdX TRX-USD
Aster TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against dYdX. 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
- $21
- Price spread: −0.035% → −0.001%
- −$3.43
- Slippage, 4 orders
- −$146.22
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$146.66
- Costs to cover
- 1.642%
- Break-even
- 55.9 days
Slippage from dYdX: live order book, 13 min ago; Aster: live order book, 12 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 dYdX live order book, 13 min ago | 63.34 bp | 77.7 bp −$78 | 114.5 bp −$1,145 | 177.0 bp −$17.7K | 427.1 bp −$213.6K |
| Sell Aster live order book, 12 min ago | 0.14 bp | 9.7 bp −$10 | 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 | 0.3487 | −0.046% | $5 | — | 20x | as long as short |
| HTX TRX-USDT | −0.0026% | 8h | 0.3484 | −0.126% | $833K | $939K | 75x | as long as short |
| dYdX TRX-USDlong | 0.0000% | 1h | 0.3489 | long leg | $183K | $12K | 10x | |
| Phoenix TRX | 0.0000% | 1h | 0.3491 | +0.056% | $5K | $14K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3488 | −0.014% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.365% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3488 | −0.021% | — | $6.5M | — | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3487 | −0.041% | $487K | $670K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0100% | 8h | 0.3487 | −0.042% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0100% | 8h | 0.3488 | −0.027% | $14K | $60K | 20x | as long as short |
Reya TRXRUSDPERP
HTX TRX-USDT
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDC
Lighter TRX
Paradex TRX-USD-PERP
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 | 0.3491 | +0.056% | $13.3M | $2.7M | 10x | as long as short |
| Aster TRXUSDTshort | +0.0100% | 8h | 0.3487 | −0.035% | $966K | $701K | 75x | |
| Binance TRXUSDT | +0.0100% | 8h | 0.3488 | −0.030% | $107.3M | $62.5M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3488 | −0.018% | $53.6M | $12.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3488 | −0.021% | $15.5M | $10.5M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3488 | −0.027% | $9.7M | $3.2M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3488 | −0.030% | $19.6M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3489 | +0.002% | $8.5M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3487 | −0.050% | $9.8M | $4.3M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3487 | −0.044% | $62K | $5K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3489 | +0.007% | $570K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3488 | −0.005% | $595K | $462K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3490 | +0.028% | $116K | $583K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3486 | −0.068% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3488 | −0.027% | $414 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3488 | −0.032% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3487 | −0.054% | $205K | $593K | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3486 | −0.075% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3489 | +0.016% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0252% | 1h | 0.3488 | −0.009% | $2.4M | $1.8M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0411% / S −0.0492% | 1h | 0.3488 | −0.023% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0991% | 1h | 0.3492 | +0.109% | $906K | $684K | 25x | as long as short |
Hyperliquid TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Backpack TRX_USDC_PERP
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]
Deribit TRX_USDC-PERPETUAL