Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.017%
Price spread now: edgeX against Extended+0.050%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.184% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.050%, 7d avg +0.019%
=Together, before fees+0.141%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.031% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRX-USD | 0.3473 | 0.0104 | pay 0.0013% / 1h | 22m 57s | $195K | $1.0M | 25x |
| Short | edgeX TRXUSDC | 0.3475 | 0.0100 | get 0.0050% / 4h | 22m 57s | $593K | $472K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Extended. 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
- −$0.84
- Price spread: +0.050% → +0.019%
- $3.08
- Slippage, 4 orders
- −$4.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$16.13
- Costs to cover
- 0.184%
- Break-even
- never at this rate
Slippage from Extended: live order book, just now; edgeX: live order book, 36 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 Extended live order book, just now | 0.14 bp | 3.5 bp −$3 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 1.15 bp | 5.7 bp −$6 | 7.4 bp −$74 | 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 | 0.3474 | +0.008% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3477 | +0.095% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3476 | +0.088% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3474 | +0.031% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.930% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0041% | 1h | 0.3473 | +0.002% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3474 | +0.034% | — | $32.8M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0093% | 8h | 0.3475 | +0.037% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3474 | +0.023% | $485K | $669K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3474 | +0.020% | $15K | $100K | 20x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3477 | +0.097% | $13.1M | $2.6M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3476 | +0.069% | $963K | $696K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3474 | +0.030% | $105.3M | $58.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3474 | +0.020% | $53.6M | $11.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3474 | +0.028% | $15.5M | $9.8M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3474 | +0.020% | $9.6M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3474 | +0.026% | $18.8M | $2.1M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3475 | +0.049% | $8.6M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3474 | +0.034% | $10.3M | $3.3M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3475 | +0.044% | $569K | $37K | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3475 | +0.050% | $593K | $472K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3476 | +0.077% | $116K | $564K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3473 | −0.014% | $197K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3474 | +0.026% | $407 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3475 | +0.045% | $834K | $847K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3474 | +0.028% | $3.9M | $1.9M | 50x | as long as short |
| Extended TRX-USDlong | +0.0104% | 1h | 0.3473 | long leg | $195K | $1.0M | 25x | |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3472 | −0.026% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3474 | +0.026% | $4.7M | $3.9M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0261% | 1h | 0.3475 | +0.062% | $2.4M | $1.7M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3475 | +0.038% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0613% | 1h | 0.3478 | +0.129% | $843K | $504K | 25x | as long as short |
Extended TRX-USD
edgeX TRXUSDC
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
BingX TRX-USDT
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL