Funding you earn now, next payment 23:00 UTC−0.0018%/8h= −1.9% APRpaid last 24h +0.009%
Price spread now: OKX against Extended+0.029%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.029%, 7d avg +0.037%
=Together, before fees+0.061%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRX-USD | 0.3438 | 0.0016 | pay 0.0002% / 1h | 7m 42s | $196K | $1.1M | 25x |
| Short | OKX TRX-USDT-SWAP | 0.3439 | −0.0002 | pay 0.0002% / 8h | 1h 07m | $15.5M | $8.8M | 50x |
Extended TRX-USD
OKX TRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$3.72
- Price spread: +0.029% → +0.037%
- −$0.9
- Slippage, 4 orders
- −$3.33
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$22.94
- Costs to cover
- 0.183%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago | 0.14 bp | 3.7 bp −$4 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.14 bp | 5.1 bp −$5 | 13.0 bp −$130 | 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 | 0.3438 | +0.008% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.084% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | −0.0077% | 8h | 0.3438 | −0.009% | $8.7M | $3.6M | 75x | as long as short |
| Variational Omni TRX | −0.0070% | 8h | 0.3439 | +0.027% | $562K | $38K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3441 | +0.078% | $5K | $13K | 10x | as long as short |
| Bybit TRXUSDT | −0.0053% | 8h | 0.3439 | +0.026% | $54.6M | $8.2M | 75x | as long as short |
| HTX TRX-USDT | −0.0023% | 8h | 0.3437 | −0.037% | $825K | $721K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0017% | 1h | 0.3440 | +0.058% | $58K | $4K | 10x | as long as short |
| OKX TRX-USDT-SWAPshort | −0.0002% | 8h | 0.3439 | +0.029% | $15.5M | $8.8M | 50x | |
| Lighter TRX | 0.0000% | 1h | 0.3439 | +0.014% | $482K | $637K | 10x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Variational Omni TRX
Phoenix TRX
Bybit TRXUSDT
HTX TRX-USDT
Backpack TRX_USDC_PERP
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TRX-USD | 0.0000% | 1h | 0.3441 | +0.074% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3440 | +0.065% | $121K | — | 150x | as long as short |
| Binance TRXUSDT | +0.0016% | 8h | 0.3439 | +0.032% | $99.2M | $48.2M | 75x | as long as short |
| Aster TRXUSDT | +0.0016% | 8h | 0.3440 | +0.063% | $955K | $659K | 75x | as long as short |
| Extended TRX-USDlong | +0.0016% | 1h | 0.3438 | long leg | $196K | $1.1M | 25x | |
| MEXC TRX_USDT | +0.0016% | 8h | 0.3439 | +0.029% | $18.2M | $1.7M | 200x | as long as short |
| SoDEX TRX-USD | +0.0016% | 1h | 0.3439 | +0.029% | $403 | $5K | 5x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3441 | +0.080% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0037% | 8h | 0.3439 | +0.030% | $9K | $385 | 20x | as long as short |
| BloFin TRX-USDT | +0.0066% | 8h | 0.3440 | +0.043% | $4.6M | $4.0M | 50x | as long as short |
| Phemex TRXUSDT | +0.0075% | 8h | 0.3439 | +0.029% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0084% | 8h | 0.3439 | +0.023% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3438 | −0.015% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3439 | +0.031% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3441 | +0.084% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3439 | +0.017% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3440 | +0.046% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3439 | +0.037% | $587K | $430K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.095% | $115K | $550K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3441 | +0.086% | $196K | $919K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3440 | +0.057% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0459% | 1h | 0.3443 | +0.148% | $832K | $411K | 25x | as long as short |
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Binance TRXUSDT
Aster TRXUSDT
MEXC TRX_USDT
SoDEX TRX-USD
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
BloFin TRX-USDT
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL