TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against Binance+0.002%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$210.209% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 7 days−0.014%−$1 · spread now +0.002%, 7d avg −0.010%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.084%, 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	Binance TRXUSDT	0.3486	0.0100	pay 0.0100% / 8h	7h 53m	$107.2M	$65.3M	75x
Short	BingX TRX-USDT	0.3486	0.0070	get 0.0070% / 8h	7h 53m	—	$32.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BingXbpOrdersPrice spread, now +0.002%Rate

Funding earned: −$6.3
Price spread: +0.002% → −0.010%: $1.14
Slippage, 4 orders: −$0.91
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$26.06
Costs to cover: 0.209%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; BingX: live order book, 16 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 Binance live order book, 5 min ago	0.14 bp	5.1 bp −$5	7.0 bp −$70	33.1 bp −$3,315	doesn't fit
Sell BingX live order book, 16 min ago	0.29 bp	5.3 bp −$5	6.5 bp −$65	20.9 bp −$2,089	51.7 bp −$25.9K

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
HTX TRX-USDT	−0.0212%	8h	0.3483	−0.073%	$835K	$959K	75x	as long as short
Reya TRXRUSDPERP	−0.0133%	1h	0.3485	−0.023%	$5	—	20x	as long as short
Phoenix TRX	−0.0046%	1h	0.3486	+0.019%	$5K	$14K	10x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3487	+0.041%	$183K	$12K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3486	+0.008%	$126K	—	150x	as long as short
Kraken Futures PF_TRXUSD	+0.0020%	1h	0.3486	+0.005%	$2.4M	$1.9M	25x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	0.3441	−1.284%	$1K	$163K	12x	as long as short
Backpack TRX_USDC_PERP	+0.0044%	1h	0.3484	−0.036%	$62K	$5K	10x	as long as short
BingX TRX-USDTshort	+0.0070%	8h	0.3486	+0.002%	—	$32.6M	—
Paradex TRX-USD-PERP	+0.0091%	8h	0.3485	−0.009%	$9K	$251	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRX	+0.0096%	1h	0.3486	+0.002%	$487K	$671K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0099%	8h	0.3486	−0.001%	$14K	$63K	20x	as long as short
Aster TRXUSDT	+0.0100%	8h	0.3483	−0.078%	$970K	$752K	75x	as long as short
Binance TRXUSDTlong	+0.0100%	8h	0.3486	long leg	$107.2M	$65.3M	75x
Bybit TRXUSDT	+0.0100%	8h	0.3486	+0.007%	$53.5M	$12.7M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3486	+0.002%	$15.7M	$10.9M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3486	−0.004%	$9.6M	$3.3M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3486	+0.007%	$19.0M	$2.3M	200x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	0.3486	+0.007%	$8.5M	$3.3M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3485	−0.024%	$9.7M	$4.4M	75x	as long as short
Variational Omni TRX	+0.0100%	8h	0.3485	−0.023%	$577K	$37K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3485	−0.015%	$594K	$501K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3486	+0.019%	$116K	$609K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3483	−0.067%	$198K	$1.4M	30x	as long as short
SoDEX TRX-USD	+0.0100%	1h	0.3486	−0.007%	$407	$5K	5x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3486	+0.013%	$4.0M	$2.0M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3485	−0.034%	$205K	$1.2M	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3484	−0.046%	$34K	—	3x	as long as short
Hyperliquid TRX	+0.0115%	1h	0.3489	+0.094%	$13.4M	$2.8M	10x	as long as short
BloFin TRX-USDT	+0.0220%	8h	0.3487	+0.022%	$4.8M	$4.1M	50x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0411% / S −0.0492%	1h	0.3486	+0.011%	$20K	—	100x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0582%	1h	0.3490	+0.110%	$843K	$720K	25x	as long as short