Funding you earn now, next payment 01:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.005%
Price spread now: Extended against Binance−0.036%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.036%, 7d avg −0.046%
=Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3462 | 0.0089 | pay 0.0089% / 8h | 7h 08m | $101.1M | $48.8M | 75x |
| Short | Extended TRX-USD | 0.3461 | 0.0088 | get 0.0011% / 1h | 8m 08s | $196K | $1.0M | 25x |
Binance TRXUSDT
Extended TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- −$0.25
- Price spread: −0.036% → −0.046%
- $1.01
- Slippage, 4 orders
- −$3.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.05
- Costs to cover
- 0.188%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 5 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 | 6.0 bp −$60 | 27.7 bp −$2,772 | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.14 bp | 3.6 bp −$4 | 11.9 bp −$119 | 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 | 0.3461 | −0.029% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0077% | 8h | 0.3462 | 0.000% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3462 | +0.003% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3462 | +0.018% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3461 | −0.015% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0032% | 1h | 0.3461 | −0.032% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.601% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0066% | 8h | 0.3462 | +0.004% | $565K | $37K | — | as long as short |
| Extended TRX-USDshort | +0.0088% | 1h | 0.3461 | −0.036% | $196K | $1.0M | 25x | |
| MEXC TRX_USDT | +0.0088% | 8h | 0.3462 | +0.003% | $18.6M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Variational Omni TRX
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDTlong | +0.0089% | 8h | 0.3462 | long leg | $101.1M | $48.8M | 75x | |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3461 | −0.032% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0093% | 8h | 0.3460 | −0.040% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3461 | −0.017% | $484K | $632K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3464 | +0.055% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3461 | −0.017% | $956K | $666K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3462 | +0.009% | $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 | +0.006% | $9.7M | $2.6M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3463 | +0.035% | $10.4M | $3.0M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3461 | −0.012% | — | $32.9M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3461 | −0.021% | $591K | $440K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3462 | −0.003% | $115K | $566K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3458 | −0.121% | $197K | $972K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3461 | −0.017% | $404 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3458 | −0.118% | $831K | $777K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3462 | −0.003% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3459 | −0.091% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3463 | +0.045% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0208% | 8h | 0.3461 | −0.038% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3461 | −0.026% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0614% | 1h | 0.3464 | +0.077% | $844K | $425K | 25x | as long as short |
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
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
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL