Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.3% APRpaid last 24h −0.006%
Price spread now: OKX against edgeX+0.077%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 3 days (all we have)−0.087%−$9 · spread now +0.077%, 7d avg +0.015%
=Together, before fees−0.233%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.062% dearer against edgeX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.015%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TRXUSDC | 0.3440 | 0.0100 | pay 0.0050% / 4h | 18m 48s | $587K | $442K | 20x |
| Short | OKX TRX-USDT-SWAP | 0.3443 | 0.0025 | get 0.0025% / 8h | 18m 48s | $15.6M | $8.8M | 50x |
edgeX TRXUSDC
OKX TRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against edgeX. 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
- −$15.84
- Price spread: +0.077% → +0.015%
- $6.23
- Slippage, 4 orders
- −$3.75
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$32.36
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 60 min ago; OKX: live order book, 5 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 edgeX live order book, 60 min ago | 0.87 bp | 5.4 bp −$5 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.14 bp | 6.1 bp −$6 | 10.0 bp −$100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.0146% | 1h | 0.3441 | +0.031% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3442 | +0.056% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0091% | 8h | 0.3442 | +0.063% | $8.7M | $3.6M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0079% | 1h | 0.3442 | +0.063% | $58K | $4K | 10x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.057% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0031% | 8h | 0.3441 | +0.032% | $563K | $36K | — | as long as short |
| HTX TRX-USDT | −0.0019% | 8h | 0.3441 | +0.018% | $826K | $730K | 75x | as long as short |
| Bybit TRXUSDT | −0.0018% | 8h | 0.3442 | +0.071% | $54.6M | $8.1M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.077% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3444 | +0.110% | $121K | — | 150x | as long as short |
Injective TRX/USDC PERP
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Phoenix TRX
Variational Omni TRX
HTX TRX-USDT
Bybit TRXUSDT
dYdX TRX-USD
gTrade (Gains Network) TRX/USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAPshort | +0.0025% | 8h | 0.3443 | +0.077% | $15.6M | $8.8M | 50x | |
| Extended TRX-USD | +0.0032% | 1h | 0.3442 | +0.051% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0032% | 8h | 0.3443 | +0.077% | $18.2M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0034% | 8h | 0.3442 | +0.074% | $99.3M | $47.9M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3444 | +0.109% | $1.9M | $1.0M | 25x | as long as short |
| Aster TRXUSDT | +0.0068% | 8h | 0.3444 | +0.125% | $956K | $659K | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0073% | 8h | 0.3442 | +0.056% | $9K | $385 | 20x | as long as short |
| SoDEX TRX-USD | +0.0075% | 1h | 0.3443 | +0.074% | $403 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0084% | 8h | 0.3442 | +0.071% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0085% | 8h | 0.3442 | +0.066% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3441 | +0.021% | $33K | — | 3x | as long as short |
| Lighter TRX | +0.0088% | 1h | 0.3442 | +0.066% | $482K | $630K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3442 | +0.057% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3444 | +0.130% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3443 | +0.074% | $9.5M | $2.2M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3442 | +0.069% | — | $6.5M | — | as long as short |
| edgeX TRXUSDClong | +0.0100% | 4h | 0.3440 | long leg | $587K | $442K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.042% | $115K | $567K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.099% | $196K | $927K | 30x | as long as short |
| BloFin TRX-USDT | +0.0133% | 8h | 0.3443 | +0.077% | $4.6M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3443 | +0.091% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0476% | 1h | 0.3446 | +0.183% | $832K | $417K | 25x | as long as short |
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Kraken Futures PF_TRXUSD
Aster TRXUSDT
Paradex TRX-USD-PERP
SoDEX TRX-USD
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL