Funding you earn now, next payment 06:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h 0.000%
Price spread now: Extended against BingX−0.033%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.187% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now −0.033%, 7d avg −0.065%
=Together, before fees−0.160%+ Points / potential airdropExtended: Active · farm board−$16 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 Extended is 0.032% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.065%. Mind the row above: over the last 7 days funding on this pair cost −0.116%, 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 | BingX TRX-USDT | 0.3490 | 0.0070 | pay 0.0070% / 8h | 2h 15m | — | $32.8M | — |
| Short | Extended TRX-USD | 0.3489 | 0.0104 | get 0.0013% / 1h | 15m 31s | $195K | $1.1M | 25x |
BingX TRX-USDT
Extended TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- $7.14
- Price spread: −0.033% → −0.065%
- $3.19
- Slippage, 4 orders
- −$3.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$8.39
- Costs to cover
- 0.187%
- Break-even
- 15.2 days
Slippage from BingX: live order book, 8 min ago; Extended: live order book, 3 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 BingX live order book, 8 min ago | 0.43 bp | 6.3 bp −$6 | 7.5 bp −$75 | 14.0 bp −$1,396 | 33.1 bp −$16.6K |
| Sell Extended live order book, 3 min ago | 0.14 bp | 3.5 bp −$3 | 12.7 bp −$127 | 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 | 0.3489 | −0.029% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3491 | +0.034% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3490 | +0.010% | $183K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3490 | −0.010% | $123K | — | 150x | as long as short |
| HTX TRX-USDT | +0.0025% | 8h | 0.3488 | −0.060% | $834K | $930K | 75x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.407% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDTlong | +0.0070% | 8h | 0.3490 | long leg | — | $32.8M | — | |
| Lighter TRX | +0.0096% | 1h | 0.3490 | −0.011% | $487K | $671K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0100% | 8h | 0.3489 | −0.021% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0100% | 8h | 0.3490 | −0.014% | $14K | $60K | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
HTX TRX-USDT
Injective TRX/USDC PERP
Lighter TRX
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3493 | +0.074% | $13.3M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3491 | +0.014% | $968K | $701K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3490 | +0.006% | $107.3M | $62.5M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3490 | −0.003% | $54.0M | $12.2M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3490 | +0.009% | $15.5M | $10.4M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3490 | −0.009% | $9.7M | $3.1M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3490 | −0.006% | $18.9M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3490 | −0.003% | $8.5M | $3.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3489 | −0.029% | $9.9M | $4.3M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3489 | −0.032% | $63K | $5K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3489 | −0.034% | $570K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3490 | −0.010% | $595K | $476K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3489 | −0.017% | $116K | $580K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3488 | −0.070% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3490 | −0.009% | $410 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3490 | −0.009% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USDshort | +0.0104% | 1h | 0.3489 | −0.033% | $195K | $1.1M | 25x | |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3488 | −0.059% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3490 | −0.003% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3489 | −0.019% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0415% | 1h | 0.3491 | +0.013% | $2.4M | $1.8M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.1059% | 1h | 0.3495 | +0.131% | $904K | $668K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Backpack TRX_USDC_PERP
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL