Funding you earn now, next payment 22:00 UTC−0.0118%/8h= −12.9% APRpaid last 24h −0.025%
Price spread now: Aster against Kraken Futures−0.008%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days+0.205%+$21 on $10k
+Price spread, last 3 days (all we have)+0.142%+$14 · spread now −0.008%, 7d avg −0.003%
=Together, before fees+0.347%+ Points / potential airdropAster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, 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 +0.205%, 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 | Kraken Futures PF_TRXUSD | 0.3441 | 0.0087 | pay 0.0011% / 1h | 4m 37s | $1.9M | $977K | 25x |
| Short | Aster TRXUSDT | 0.3441 | −0.0031 | pay 0.0031% / 8h | 2h 04m | $951K | $638K | 75x |
Kraken Futures PF_TRXUSD
Aster TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$24.75
- Price spread: −0.008% → −0.003%
- −$0.51
- Slippage, 4 orders
- −$10.96
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$54.22
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Aster: live order book, 18 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 Kraken Futures live order book, 4 min ago | 0.14 bp | 8.2 bp −$8 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Aster live order book, 18 min ago | 0.73 bp | 5.0 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 | 0.3439 | −0.077% | $5 | — | 20x | as long as short |
| Variational Omni TRX | −0.0085% | 8h | 0.3439 | −0.057% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0085% | 8h | 0.3439 | −0.072% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.006% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0049% | 1h | 0.3441 | −0.023% | $58K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3440 | −0.038% | $1K | $129K | 12x | as long as short |
| Aster TRXUSDTshort | −0.0031% | 8h | 0.3441 | −0.008% | $951K | $638K | 75x | |
| HTX TRX-USDT | −0.0021% | 8h | 0.3438 | −0.083% | $826K | $712K | 75x | as long as short |
| KuCoin TRXUSDTM | −0.0005% | 8h | 0.3439 | −0.075% | $8.7M | $3.6M | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3441 | −0.012% | $121K | — | 150x | as long as short |
Reya TRXRUSDPERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
HTX TRX-USDT
KuCoin TRXUSDTM
gTrade (Gains Network) TRX/USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TRX_USDT | +0.0004% | 8h | 0.3440 | −0.046% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0004% | 8h | 0.3440 | −0.049% | $99.3M | $49.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0006% | 8h | 0.3439 | −0.067% | $15.5M | $8.8M | 50x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3439 | −0.061% | $482K | $639K | 10x | as long as short |
| Extended TRX-USD | +0.0008% | 1h | 0.3438 | −0.083% | $196K | $1.1M | 25x | as long as short |
| BloFin TRX-USDT | +0.0017% | 8h | 0.3441 | −0.006% | $4.6M | $4.0M | 50x | as long as short |
| SoDEX TRX-USD | +0.0041% | 1h | 0.3439 | −0.052% | $403 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0055% | 8h | 0.3440 | −0.051% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0076% | 8h | 0.3440 | −0.038% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3438 | −0.093% | $33K | — | 3x | as long as short |
| BingX TRX-USDT | +0.0081% | 8h | 0.3439 | −0.061% | — | $40.0M | — | as long as short |
| Bitget TRXUSDT | +0.0082% | 8h | 0.3439 | −0.064% | $9.4M | $2.1M | 75x | as long as short |
| Kraken Futures PF_TRXUSDlong | +0.0087% | 1h | 0.3441 | long leg | $1.9M | $977K | 25x | |
| Orderly PERP_TRX_USDC | +0.0089% | 8h | 0.3440 | −0.038% | $14K | $107K | 20x | as long as short |
| Gate TRX_USDT | +0.0099% | 8h | 0.3439 | −0.058% | $9.7M | $2.5M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3441 | −0.003% | $13.2M | $2.2M | 10x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.009% | $587K | $435K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3440 | −0.026% | $115K | $544K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3442 | +0.020% | $196K | $918K | 30x | as long as short |
| dYdX TRX-USD | +0.0103% | 1h | 0.3441 | −0.014% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0320% | 1h | 0.3444 | +0.066% | $832K | $411K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3441 | −0.007% | $20K | — | 100x | as long as short |
MEXC TRX_USDT
Binance TRXUSDT
OKX TRX-USDT-SWAP
Lighter TRX
Extended TRX-USD
BloFin TRX-USDT
SoDEX TRX-USD
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
BingX TRX-USDT
Bitget TRXUSDT
Orderly PERP_TRX_USDC
Gate TRX_USDT
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
dYdX TRX-USD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]