Funding you earn now, next payment 23:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.053%
Price spread now: gTrade (Gains Network) against dYdX+0.002%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$465as in the Price arb table
costs, in and out, $10k−$4654.652% of the position
Funding, last 3 days (all we have)−0.173%−$17 on $10k
+Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.002%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX TRX-USD | 0.3441 | 0 | get 0.0000% / 1h | 9m 11s | $181K | $10K | 10x |
| Short | gTrade (Gains Network) TRX/USD | 0.3441 | L +0.0003% / S −0.0007% | get 0.0001% / 1h | 9m 11s | $121K | — | 150x |
dYdX TRX-USD
gTrade (Gains Network) TRX/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against dYdX. 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
- $1.5
- Price spread: +0.002% → −0.002%
- $0.31
- Slippage, 4 orders
- −$445.19
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$463.38
- Costs to cover
- 4.652%
- Break-even
- 2174.8 days
Slippage from dYdX: live order book, 10 min ago; gTrade (Gains Network): virtual book (oracle venue), 10 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 dYdX live order book, 10 min ago | 60.16 bp | 125.4 bp −$125 | 164.8 bp −$1,648 | 237.2 bp −$23.7K | 573.4 bp −$286.7K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 10 min ago | 130.02 bp | 135.0 bp −$135 | 205.2 bp −$2,052 | 2197.0 bp −$219.7K | 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 | 0.3439 | −0.050% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.010% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | −0.0075% | 8h | 0.3438 | −0.063% | $8.7M | $3.6M | 75x | as long as short |
| Variational Omni TRX | −0.0070% | 8h | 0.3439 | −0.047% | $562K | $38K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3441 | +0.004% | $5K | $13K | 10x | as long as short |
| Bybit TRXUSDT | −0.0053% | 8h | 0.3438 | −0.063% | $54.6M | $8.2M | 75x | as long as short |
| HTX TRX-USDT | −0.0022% | 8h | 0.3439 | −0.060% | $825K | $721K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0020% | 1h | 0.3441 | −0.005% | $58K | $4K | 10x | as long as short |
| OKX TRX-USDT-SWAP | −0.0002% | 8h | 0.3440 | −0.031% | $15.6M | $8.8M | 50x | as long as short |
| Lighter TRX | 0.0000% | 1h | 0.3439 | −0.042% | $482K | $637K | 10x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Variational Omni TRX
Phoenix TRX
Bybit TRXUSDT
HTX TRX-USDT
Backpack TRX_USDC_PERP
OKX TRX-USDT-SWAP
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TRX-USDlong | 0.0000% | 1h | 0.3441 | long leg | $181K | $10K | 10x | |
| gTrade (Gains Network) TRX/USDshort | L +0.0003% / S −0.0007% | 1h | 0.3441 | +0.002% | $121K | — | 150x | |
| Aster TRXUSDT | +0.0015% | 8h | 0.3440 | −0.010% | $956K | $659K | 75x | as long as short |
| Extended TRX-USD | +0.0016% | 1h | 0.3439 | −0.057% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0016% | 8h | 0.3440 | −0.031% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0016% | 8h | 0.3440 | −0.031% | $99.2M | $48.2M | 75x | as long as short |
| SoDEX TRX-USD | +0.0018% | 1h | 0.3440 | −0.031% | $402 | $5K | 5x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3441 | +0.018% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0038% | 8h | 0.3439 | −0.042% | $9K | $385 | 20x | as long as short |
| BloFin TRX-USDT | +0.0066% | 8h | 0.3440 | −0.031% | $4.6M | $4.0M | 50x | as long as short |
| Phemex TRXUSDT | +0.0075% | 8h | 0.3440 | −0.019% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0084% | 8h | 0.3439 | −0.048% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3438 | −0.084% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3440 | −0.025% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3441 | +0.019% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3439 | −0.039% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3440 | −0.016% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3439 | −0.037% | $587K | $430K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.022% | $115K | $550K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3441 | +0.023% | $196K | $918K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3441 | +0.004% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0491% | 1h | 0.3444 | +0.091% | $832K | $411K | 25x | as long as short |
Aster TRXUSDT
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
SoDEX TRX-USD
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
BloFin TRX-USDT
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL