Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.049%
Price spread now: dYdX against Aster+0.019%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1801.802% of the position
Funding, last 7 days+0.295%+$30 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.019%, 7d avg +0.001%
=Together, before fees+0.232%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.295%, 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 | Aster TRXUSDT | 0.3462 | 0.0100 | pay 0.0100% / 8h | 7h 05m | $956K | $666K | 75x |
| Short | dYdX TRX-USD | 0.3462 | 0 | get 0.0000% / 1h | 5m 42s | $182K | $10K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Aster. 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: +0.019% → +0.001%
- $1.78
- Slippage, 4 orders
- −$162.15
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$199.37
- Costs to cover
- 1.802%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; dYdX: live order book, 3 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 Aster live order book, 2 min ago | 0.14 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 3 min ago | 64.38 bp | 69.4 bp −$69 | 190.8 bp −$1,908 | 458.8 bp −$45.9K | 878.0 bp −$439.0K |
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 | 0.3460 | −0.051% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0074% | 8h | 0.3463 | +0.023% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3462 | +0.006% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USDshort | 0.0000% | 1h | 0.3462 | +0.019% | $182K | $10K | 10x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3462 | +0.015% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0032% | 1h | 0.3461 | −0.029% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.598% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0073% | 8h | 0.3461 | −0.024% | $565K | $37K | — | as long as short |
| Extended TRX-USD | +0.0088% | 1h | 0.3461 | −0.028% | $196K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0090% | 8h | 0.3462 | 0.000% | $18.6M | $1.9M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0092% | 8h | 0.3462 | +0.004% | $101.4M | $49.0M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3461 | −0.026% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0093% | 8h | 0.3461 | −0.021% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3461 | −0.014% | $484K | $632K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3464 | +0.058% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDTlong | +0.0100% | 8h | 0.3462 | long leg | $956K | $666K | 75x | |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3462 | +0.003% | $55.0M | $8.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3462 | +0.003% | $15.5M | $8.5M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3462 | +0.009% | $9.7M | $2.6M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3463 | +0.049% | $10.4M | $3.0M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3462 | +0.012% | — | $32.9M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3460 | −0.044% | $590K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3460 | −0.052% | $115K | $565K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3457 | −0.146% | $197K | $974K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3461 | −0.009% | $406 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3460 | −0.062% | $831K | $777K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3461 | −0.020% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3459 | −0.072% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3464 | +0.058% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0210% | 8h | 0.3460 | −0.038% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0368% / S −0.0395% | 1h | 0.3462 | +0.002% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0541% | 1h | 0.3465 | +0.098% | $844K | $425K | 25x | as long as short |
Aster TRXUSDT
KuCoin TRXUSDTM
Phoenix TRX
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Variational Omni TRX
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL