Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.046%
Price spread now: Gate against dYdX−0.018%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1901.896% of the position
Funding, last 7 days−0.352%−$35 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.018%, 7d avg −0.028%
=The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.352%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX TRX-USD | 0.3462 | 0 | get 0.0000% / 1h | 54m 18s | $182K | $10K | 10x |
| Short | Gate TRX_USDT | 0.3462 | 0.0100 | get 0.0100% / 8h | 6h 54m | $9.7M | $2.5M | 75x |
dYdX TRX-USD
Gate TRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $21
- Price spread: −0.018% → −0.028%
- $0.99
- Slippage, 4 orders
- −$164.64
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$167.65
- Costs to cover
- 1.896%
- Break-even
- 62.9 days
Slippage from dYdX: 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 dYdX live order book, 15 min ago | 64.38 bp | 95.7 bp −$96 | 166.0 bp −$1,660 | 456.4 bp −$45.6K | 653.1 bp −$326.5K |
| 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 | 0.3462 | −0.015% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0054% | 8h | 0.3462 | +0.003% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3463 | +0.014% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USDlong | 0.0000% | 1h | 0.3462 | long leg | $182K | $10K | 10x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3463 | +0.012% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0008% | 1h | 0.3461 | −0.049% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.616% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0090% | 8h | 0.3461 | −0.039% | $565K | $37K | — | as long as short |
| Orderly PERP_TRX_USDC | +0.0093% | 8h | 0.3462 | −0.006% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0095% | 8h | 0.3462 | −0.005% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
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 | 0.3462 | −0.003% | $485K | $618K | 10x | as long as short |
| MEXC TRX_USDT | +0.0099% | 8h | 0.3462 | −0.003% | $18.6M | $1.9M | 200x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3464 | +0.041% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3462 | −0.015% | $956K | $668K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3462 | −0.006% | $101.6M | $49.1M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3463 | +0.011% | $55.1M | $8.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3463 | +0.011% | $15.5M | $8.5M | 50x | as long as short |
| Gate TRX_USDTshort | +0.0100% | 8h | 0.3462 | −0.018% | $9.7M | $2.5M | 75x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3464 | +0.049% | $10.4M | $3.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3462 | −0.003% | — | $32.9M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3461 | −0.044% | $590K | $440K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3463 | +0.020% | $115K | $568K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3459 | −0.098% | $197K | $983K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3462 | +0.003% | $404 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3460 | −0.059% | $831K | $781K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3462 | −0.015% | $3.9M | $1.6M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3462 | −0.011% | $196K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3461 | −0.051% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3462 | −0.023% | $4.6M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3462 | +0.001% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0525% | 1h | 0.3464 | +0.046% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0576% | 1h | 0.3466 | +0.113% | $785K | $424K | 25x | as long as short |
Lighter TRX
MEXC TRX_USDT
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL