Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against BingX0.000%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now 0.000%, 7d avg +0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRX-USDT | 0.3442 | 0.0092 | pay 0.0092% / 8h | 1h 39m | — | $40.0M | — |
| Short | Gate TRX_USDT | 0.3442 | 0.0094 | get 0.0094% / 8h | 1h 39m | $9.7M | $2.5M | 75x |
BingX TRX-USDT
Gate TRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0.42
- Price spread: 0.000% → +0.007%
- −$0.69
- Slippage, 4 orders
- −$12.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.32
- Costs to cover
- 0.370%
- Break-even
- 629.0 days
Slippage from BingX: live order book, 15 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 BingX live order book, 15 min ago | 0.29 bp | 6.0 bp −$6 | 6.6 bp −$66 | 13.1 bp −$1,312 | 32.7 bp −$16.3K |
| Sell Gate live order book, 4 min ago | 1.02 bp | 13.3 bp −$13 | 27.4 bp −$274 | 34.6 bp −$3,459 | 60.8 bp −$30.4K |
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 | 0.3441 | −0.012% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | −0.023% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0083% | 8h | 0.3441 | −0.020% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0075% | 8h | 0.3441 | −0.020% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3443 | +0.032% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0036% | 1h | 0.3441 | −0.012% | $58K | $4K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0029% | 8h | 0.3441 | −0.015% | $8.7M | $3.6M | 75x | as long as short |
| HTX TRX-USDT | −0.0020% | 8h | 0.3440 | −0.047% | $826K | $715K | 75x | as long as short |
| Aster TRXUSDT | −0.0013% | 8h | 0.3444 | +0.051% | $959K | $656K | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.027% | $181K | $10K | 10x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
Backpack TRX_USDC_PERP
KuCoin TRXUSDTM
HTX TRX-USDT
Aster TRXUSDT
dYdX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0001% | 8h | 0.3441 | −0.012% | $15.6M | $8.8M | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.035% | $121K | — | 150x | as long as short |
| Extended TRX-USD | +0.0008% | 1h | 0.3441 | −0.018% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0010% | 8h | 0.3442 | +0.017% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0010% | 8h | 0.3442 | +0.003% | $99.3M | $48.4M | 75x | as long as short |
| SoDEX TRX-USD | +0.0020% | 1h | 0.3442 | +0.003% | $401 | $5K | 5x | as long as short |
| Lighter TRX | +0.0024% | 1h | 0.3442 | −0.009% | $482K | $637K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3443 | +0.043% | $1.9M | $1.0M | 25x | as long as short |
| BloFin TRX-USDT | +0.0042% | 8h | 0.3442 | +0.006% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0053% | 8h | 0.3442 | −0.004% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0071% | 8h | 0.3442 | +0.006% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3440 | −0.048% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3442 | −0.003% | $14K | $107K | 20x | as long as short |
| BingX TRX-USDTlong | +0.0092% | 8h | 0.3442 | long leg | — | $40.0M | — | |
| Gate TRX_USDTshort | +0.0094% | 8h | 0.3442 | 0.000% | $9.7M | $2.5M | 75x | |
| Bitget TRXUSDT | +0.0097% | 8h | 0.3442 | +0.017% | $9.4M | $2.0M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3444 | +0.055% | $13.2M | $2.2M | 10x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3442 | −0.008% | $587K | $431K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3442 | −0.006% | $115K | $546K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.050% | $196K | $917K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3443 | +0.028% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0438% | 1h | 0.3446 | +0.114% | $833K | $411K | 25x | as long as short |
OKX TRX-USDT-SWAP
gTrade (Gains Network) TRX/USD
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
SoDEX TRX-USD
Lighter TRX
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Bitget TRXUSDT
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL