Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against BingX+0.032%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.032% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRX-USDT | 0.3465 | 0.0100 | pay 0.0100% / 8h | 6h 50m | — | $32.9M | — |
| Short | Bitget TRXUSDT | 0.3466 | 0.0100 | get 0.0100% / 8h | 6h 50m | $10.4M | $3.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0
- Price spread: +0.032% → 0.000%
- $3.17
- Slippage, 4 orders
- −$4.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.62
- Costs to cover
- 0.268%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: 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, 3 min ago | 0.29 bp | 5.6 bp −$6 | 7.5 bp −$75 | 20.3 bp −$2,028 | 52.8 bp −$26.4K |
| Sell Bitget live order book, 3 min ago | 0.14 bp | 8.0 bp −$8 | 12.6 bp −$126 | 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 | 0.3465 | −0.009% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0049% | 8h | 0.3465 | −0.006% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3463 | −0.069% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3466 | +0.042% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3465 | 0.000% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0016% | 1h | 0.3464 | −0.035% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.693% | $1K | $163K | 12x | as long as short |
| Orderly PERP_TRX_USDC | +0.0093% | 8h | 0.3463 | −0.061% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0095% | 8h | 0.3465 | −0.008% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3464 | −0.029% | $485K | $618K | 10x | 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 | 0.3467 | +0.043% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3464 | −0.020% | $957K | $668K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3465 | +0.007% | $101.7M | $49.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3466 | +0.020% | $55.1M | $8.9M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3465 | +0.003% | $15.5M | $8.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3465 | +0.006% | $9.7M | $2.5M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3465 | +0.006% | $18.6M | $1.9M | 200x | as long as short |
| Bitget TRXUSDTshort | +0.0100% | 8h | 0.3466 | +0.032% | $10.4M | $3.1M | 75x | |
| BingX TRX-USDTlong | +0.0100% | 8h | 0.3465 | long leg | — | $32.9M | — | |
| Variational Omni TRX | +0.0100% | 8h | 0.3465 | −0.001% | $565K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3463 | −0.050% | $591K | $443K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3463 | −0.052% | $115K | $568K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3461 | −0.105% | $197K | $996K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3465 | 0.000% | $403 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3464 | −0.037% | $833K | $790K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3465 | −0.009% | $3.9M | $1.6M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3464 | −0.016% | $197K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3463 | −0.051% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3465 | +0.006% | $4.6M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0402% / S −0.0481% | 1h | 0.3465 | −0.008% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0525% | 1h | 0.3466 | +0.017% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0607% | 1h | 0.3468 | +0.092% | $786K | $424K | 25x | as long as short |
BingX TRX-USDT
Bitget TRXUSDT
KuCoin TRXUSDTM
Phoenix TRX
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL