Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Binance−0.008%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.008%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3464 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $105.2M | $65.8M | 75x |
| Short | KuCoin TRXUSDTM | 0.3464 | 0.0100 | get 0.0100% / 8h | 5h 07m | $8.3M | $3.6M | 75x |
Binance TRXUSDT
KuCoin TRXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- Price spread: −0.008% → −0.002%
- −$0.62
- Slippage, 4 orders
- −$13.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$35.82
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; KuCoin: 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 Binance live order book, 13 min ago | 0.14 bp | 5.2 bp −$5 | 10.4 bp −$104 | 48.9 bp −$4,890 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.29 bp | 15.7 bp −$16 | 61.1 bp −$611 | doesn't fit | doesn't fit |
TRX on 32 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.0362% | 8h | 0.3463 | −0.014% | $979K | $992K | 75x | as long as short |
| HTX TRX-USDT | −0.0177% | 8h | 0.3462 | −0.059% | $829K | $886K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3462 | −0.063% | $5 | — | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.0064% | 1h | 0.3463 | −0.037% | $57K | $8K | 10x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3466 | +0.047% | $5K | $14K | 10x | as long as short |
| Bybit TRXUSDT | −0.0021% | 8h | 0.3461 | −0.080% | $53.3M | $13.7M | 75x | as long as short |
| BingX TRX-USDT | −0.0019% | 8h | 0.3463 | −0.034% | — | $32.5M | — | as long as short |
| SoDEX TRX-USD | −0.0014% | 1h | 0.3464 | −0.008% | $405 | $5K | 5x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3465 | +0.027% | $136K | — | 150x | as long as short |
| dYdX TRX-USD | +0.0023% | 1h | 0.3466 | +0.058% | $182K | $10K | 10x | as long as short |
Aster TRXUSDT
HTX TRX-USDT
Reya TRXRUSDPERP
Backpack TRX_USDC_PERP
Phoenix TRX
Bybit TRXUSDT
BingX TRX-USDT
SoDEX TRX-USD
gTrade (Gains Network) TRX/USD
dYdX TRX-USDShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.663% | $1K | $163K | 12x | as long as short |
| Bitget TRXUSDT | +0.0044% | 8h | 0.3463 | −0.017% | $9.7M | $4.4M | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0071% | 8h | 0.3463 | −0.030% | $9K | $52 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3464 | −0.008% | $483K | $670K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3463 | −0.020% | $14K | $71K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3468 | +0.102% | $14.2M | $2.7M | 10x | as long as short |
| Binance TRXUSDTlong | +0.0100% | 8h | 0.3464 | long leg | $105.2M | $65.8M | 75x | |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3463 | −0.025% | $15.2M | $11.9M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3463 | −0.020% | $9.4M | $3.4M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3464 | −0.005% | $18.6M | $2.5M | 200x | as long as short |
| KuCoin TRXUSDTMshort | +0.0100% | 8h | 0.3464 | −0.008% | $8.3M | $3.6M | 75x | |
| Variational Omni TRX | +0.0100% | 8h | 0.3462 | −0.068% | $566K | $47K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3463 | −0.019% | $591K | $510K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3465 | +0.024% | $116K | $618K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3462 | −0.046% | $197K | $1.4M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3464 | −0.005% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3462 | −0.069% | $215K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3462 | −0.061% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3466 | +0.053% | $4.7M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0270% | 1h | 0.3464 | +0.009% | $2.3M | $1.8M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0350% | 1h | 0.3466 | +0.071% | $789K | $713K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0408% / S −0.0492% | 1h | 0.3465 | +0.040% | $20K | — | 100x | as long as short |
Injective TRX/USDC PERP
Bitget TRXUSDT
Paradex TRX-USD-PERP
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]