Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.023%
Price spread now: Gate against ApeX Omni−0.040%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.040%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.027% cheaper against ApeX Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TRXUSDT | 0.3463 | 0.0100 | pay 0.0013% / 1h | 54m 51s | $115K | $568K | 50x |
| Short | Gate TRX_USDT | 0.3462 | 0.0100 | get 0.0100% / 8h | 6h 54m | $9.7M | $2.5M | 75x |
ApeX Omni TRXUSDT
Gate TRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against ApeX Omni. 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: −0.040% → −0.013%
- −$2.7
- Slippage, 4 orders
- −$24.34
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$52.04
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 13 min ago; Gate: 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 ApeX Omni live order book, 13 min ago | 4.62 bp | 12.3 bp −$12 | 97.6 bp −$976 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.45 bp | 12.0 bp −$12 | 24.9 bp −$249 | 36.5 bp −$3,647 | 63.1 bp −$31.5K |
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 | −0.065% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0056% | 8h | 0.3462 | −0.040% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3463 | −0.006% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3462 | −0.020% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3462 | −0.022% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0008% | 1h | 0.3461 | −0.069% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.635% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0090% | 8h | 0.3461 | −0.059% | $565K | $37K | — | as long as short |
| Orderly PERP_TRX_USDC | +0.0093% | 8h | 0.3461 | −0.052% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0095% | 8h | 0.3461 | −0.063% | $9K | $251 | 20x | 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
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | +0.0096% | 1h | 0.3461 | −0.064% | $484K | $618K | 10x | as long as short |
| Extended TRX-USD | +0.0096% | 1h | 0.3461 | −0.056% | $196K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0098% | 8h | 0.3462 | −0.038% | $18.6M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3462 | −0.035% | $101.6M | $49.0M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3464 | +0.025% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3461 | −0.050% | $956K | $668K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3462 | −0.029% | $55.1M | $8.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3463 | +0.003% | $15.5M | $8.5M | 50x | as long as short |
| Gate TRX_USDTshort | +0.0100% | 8h | 0.3462 | −0.040% | $9.7M | $2.5M | 75x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3464 | +0.017% | $10.4M | $3.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3462 | −0.040% | — | $32.9M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3461 | −0.064% | $590K | $440K | 20x | as long as short |
| ApeX Omni TRXUSDTlong | +0.0100% | 1h | 0.3463 | long leg | $115K | $568K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3458 | −0.155% | $197K | $982K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3461 | −0.055% | $404 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3460 | −0.079% | $831K | $781K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3462 | −0.035% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3460 | −0.097% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3462 | −0.043% | $4.6M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3462 | −0.036% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0526% | 1h | 0.3463 | −0.013% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0570% | 1h | 0.3465 | +0.061% | $785K | $424K | 25x | as long as short |
Lighter TRX
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Aevo TRX-PERP
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL