Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.027%
Price spread now: edgeX against Extended−0.024%53s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as 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−$170.175% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.024%, 7d avg +0.018%
=Together, before fees+0.199%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.042% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 53 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 | Extended TRX-USD | 0.3484 | 0.0104 | pay 0.0013% / 1h | 26m 35s | $195K | $1.0M | 25x |
| Short | edgeX TRXUSDC | 0.3483 | 0.0100 | get 0.0050% / 4h | 3h 26m | $594K | $466K | 20x |
Extended TRX-USD
edgeX TRXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$0.84
- Price spread: −0.024% → +0.018%
- −$4.19
- Slippage, 4 orders
- −$3.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$22.53
- Costs to cover
- 0.175%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; edgeX: live order book, 27 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 Extended live order book, 2 min ago | 0.14 bp | 3.5 bp −$3 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 27 min ago | 0.72 bp | 5.2 bp −$5 | 6.5 bp −$65 | 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 | 0.3483 | −0.034% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3484 | +0.010% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3486 | +0.068% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3487 | +0.088% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.232% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3485 | +0.042% | — | $6.5M | — | as long as short |
| HTX TRX-USDT | +0.0076% | 8h | 0.3485 | +0.019% | $825K | $887K | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3486 | +0.051% | $486K | $671K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3486 | +0.071% | $14K | $60K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0100% | 8h | 0.3484 | +0.006% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDC
HTX TRX-USDT
Lighter TRX
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3488 | +0.116% | $13.2M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3486 | +0.051% | $966K | $698K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3485 | +0.022% | $106.3M | $61.2M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3484 | +0.002% | $53.8M | $11.9M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3485 | +0.039% | $15.6M | $10.2M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3485 | +0.019% | $9.7M | $3.0M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3485 | +0.030% | $19.0M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3486 | +0.053% | $8.6M | $3.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3485 | +0.022% | $10.6M | $3.5M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3486 | +0.051% | $62K | $5K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3481 | −0.088% | $570K | $37K | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3483 | −0.024% | $594K | $466K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3482 | −0.056% | $116K | $573K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3484 | +0.009% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3487 | +0.073% | $407 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3487 | +0.088% | $3.9M | $1.9M | 50x | as long as short |
| Extended TRX-USDlong | +0.0104% | 1h | 0.3484 | long leg | $195K | $1.0M | 25x | |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3485 | +0.022% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0144% | 1h | 0.3487 | +0.093% | $2.4M | $1.7M | 25x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3486 | +0.045% | $4.7M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0491% | 1h | 0.3487 | +0.080% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0728% | 1h | 0.3490 | +0.186% | $844K | $538K | 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
Backpack TRX_USDC_PERP
Variational Omni TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL