Funding you earn now, next payment 23:00 UTC+0.0019%/8h= +2.0% APRpaid last 24h +0.029%
Price spread now: Kraken Futures against Aster+0.025%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 3 days (all we have)−0.115%−$12 · spread now +0.025%, 7d avg +0.005%
=Together, before fees−0.316%+ Points / potential airdropAster: Stage 5 · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.020% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.201%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TRXUSDT | 0.3442 | 0.0008 | pay 0.0008% / 8h | 1h 19m | $957K | $658K | 75x |
| Short | Kraken Futures PF_TRXUSD | 0.3443 | 0.0026 | get 0.0003% / 1h | 19m 52s | $1.9M | $1.0M | 25x |
Aster TRXUSDT
Kraken Futures PF_TRXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $3.91
- Price spread: +0.025% → +0.005%
- $2.03
- Slippage, 4 orders
- −$12.36
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$24.42
- Costs to cover
- 0.304%
- Break-even
- 50.8 days
Slippage from Aster: live order book, 63 min ago; Kraken Futures: live order book, 4 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, 63 min ago | 0.73 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 1.89 bp | 9.0 bp −$9 | 19.4 bp −$194 | 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 | 0.3441 | −0.037% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | −0.032% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0073% | 8h | 0.3440 | −0.059% | $563K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.009% | $5K | $13K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0055% | 8h | 0.3441 | −0.043% | $8.7M | $3.6M | 75x | as long as short |
| Bybit TRXUSDT | −0.0053% | 8h | 0.3441 | −0.032% | $54.6M | $8.2M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0026% | 1h | 0.3441 | −0.032% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | −0.0017% | 8h | 0.3440 | −0.066% | $826K | $719K | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3442 | +0.009% | $181K | $10K | 10x | as long as short |
| OKX TRX-USDT-SWAP | +0.0001% | 8h | 0.3441 | −0.032% | $15.6M | $8.8M | 50x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Phoenix TRX
KuCoin TRXUSDTM
Bybit TRXUSDT
Backpack TRX_USDC_PERP
HTX TRX-USDT
dYdX TRX-USD
OKX TRX-USDT-SWAPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.012% | $121K | — | 150x | as long as short |
| Aster TRXUSDTlong | +0.0008% | 8h | 0.3442 | long leg | $957K | $658K | 75x | |
| Extended TRX-USD | +0.0016% | 1h | 0.3440 | −0.047% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0016% | 8h | 0.3442 | −0.006% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0018% | 8h | 0.3442 | −0.009% | $99.3M | $48.3M | 75x | as long as short |
| Lighter TRX | +0.0024% | 1h | 0.3441 | −0.035% | $482K | $637K | 10x | as long as short |
| Kraken Futures PF_TRXUSDshort | +0.0026% | 1h | 0.3443 | +0.025% | $1.9M | $1.0M | 25x | |
| SoDEX TRX-USD | +0.0039% | 1h | 0.3441 | −0.020% | $402 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0054% | 8h | 0.3441 | −0.039% | $9K | $385 | 20x | as long as short |
| BloFin TRX-USDT | +0.0066% | 8h | 0.3442 | −0.017% | $4.6M | $4.0M | 50x | as long as short |
| Phemex TRXUSDT | +0.0079% | 8h | 0.3442 | −0.017% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3440 | −0.071% | $33K | — | 3x | as long as short |
| Gate TRX_USDT | +0.0089% | 8h | 0.3441 | −0.026% | $9.6M | $2.5M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | −0.029% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.024% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3442 | −0.014% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3441 | −0.023% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.031% | $587K | $431K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3443 | +0.015% | $115K | $547K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.023% | $196K | $918K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0232% | 1h | 0.3444 | +0.069% | $832K | $411K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.003% | $20K | — | 100x | as long as short |
gTrade (Gains Network) TRX/USD
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Lighter TRX
SoDEX TRX-USD
Paradex TRX-USD-PERP
BloFin TRX-USDT
Phemex TRXUSDT
Aevo TRX-PERP
Gate TRX_USDT
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]