Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.004%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$160.164% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.004%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3440 | 0.0018 | pay 0.0018% / 8h | 1h 16m | $99.3M | $48.3M | 75x |
| Short | MEXC TRX_USDT | 0.3441 | 0.0018 | get 0.0018% / 8h | 1h 16m | $18.2M | $1.7M | 200x |
Binance TRXUSDT
MEXC TRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.01
- Price spread: +0.004% → −0.001%
- $0.5
- Slippage, 4 orders
- −$2.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$15.85
- Costs to cover
- 0.164%
- Break-even
- 8811.6 days
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 2 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, 11 min ago | 0.14 bp | 5.9 bp −$6 | 9.8 bp −$98 | 30.8 bp −$3,083 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.14 bp | 3.2 bp −$3 | 5.4 bp −$54 | 26.2 bp −$2,621 | 40.3 bp −$20.2K |
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 | 0.3440 | −0.023% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.019% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0073% | 8h | 0.3440 | −0.008% | $563K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.060% | $5K | $13K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0063% | 8h | 0.3439 | −0.025% | $8.7M | $3.6M | 75x | as long as short |
| Bybit TRXUSDT | −0.0052% | 8h | 0.3440 | −0.010% | $54.6M | $8.2M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0030% | 1h | 0.3440 | −0.001% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | −0.0018% | 8h | 0.3438 | −0.056% | $825K | $719K | 75x | as long as short |
| OKX TRX-USDT-SWAP | −0.0001% | 8h | 0.3440 | −0.010% | $15.6M | $8.8M | 50x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3442 | +0.060% | $181K | $10K | 10x | 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
OKX TRX-USDT-SWAP
dYdX TRX-USDShow 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 | +0.056% | $121K | — | 150x | as long as short |
| Aster TRXUSDT | +0.0013% | 8h | 0.3441 | +0.022% | $957K | $658K | 75x | as long as short |
| Lighter TRX | +0.0016% | 1h | 0.3440 | −0.004% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0016% | 1h | 0.3439 | −0.030% | $196K | $1.1M | 25x | as long as short |
| Binance TRXUSDTlong | +0.0018% | 8h | 0.3440 | long leg | $99.3M | $48.3M | 75x | |
| MEXC TRX_USDTshort | +0.0018% | 8h | 0.3441 | +0.004% | $18.2M | $1.7M | 200x | |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3442 | +0.044% | $1.9M | $1.0M | 25x | as long as short |
| SoDEX TRX-USD | +0.0035% | 1h | 0.3440 | −0.007% | $402 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0049% | 8h | 0.3440 | −0.011% | $9K | $385 | 20x | as long as short |
| BloFin TRX-USDT | +0.0075% | 8h | 0.3440 | −0.007% | $4.6M | $4.0M | 50x | as long as short |
| Phemex TRXUSDT | +0.0080% | 8h | 0.3441 | +0.031% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0087% | 8h | 0.3440 | −0.010% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3439 | −0.045% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | +0.022% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.057% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3440 | −0.013% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3440 | +0.001% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | +0.019% | $587K | $432K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3442 | +0.039% | $115K | $548K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3442 | +0.038% | $196K | $919K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0351% | 1h | 0.3444 | +0.113% | $832K | $411K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.041% | $20K | — | 100x | as long as short |
gTrade (Gains Network) TRX/USD
Aster TRXUSDT
Lighter TRX
Extended TRX-USD
Kraken Futures PF_TRXUSD
SoDEX TRX-USD
Paradex TRX-USD-PERP
BloFin TRX-USDT
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]