Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: ApeX Omni against gTrade (Gains Network)−0.026%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3013.012% of the position
Funding, last 3 days (all we have)+0.092%+$9 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.026%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3447 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 59m 24s | $121K | — | 150x |
| Short | ApeX Omni TRXUSDT | 0.3446 | 0.0100 | get 0.0013% / 1h | 59m 24s | $115K | $572K | 50x |
gTrade (Gains Network) TRX/USD
ApeX Omni TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against gTrade (Gains Network). 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
- $20.35
- Price spread: −0.026% → −0.014%
- −$1.2
- Slippage, 4 orders
- −$281.21
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$282.05
- Costs to cover
- 3.012%
- Break-even
- 104.0 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 15 min ago; ApeX Omni: live order book, 13 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 gTrade (Gains Network) virtual book (oracle venue), 15 min ago | 130.02 bp | 135.0 bp −$135 | 224.8 bp −$2,248 | 2109.1 bp −$210.9K | 10777.2 bp −$5.39M |
| Sell ApeX Omni live order book, 13 min ago | 2.76 bp | 15.6 bp −$16 | 125.1 bp −$1,251 | 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 | 0.3445 | −0.040% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0089% | 8h | 0.3445 | −0.032% | $8.7M | $3.6M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3447 | +0.003% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0055% | 1h | 0.3445 | −0.032% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | −0.0016% | 8h | 0.3445 | −0.041% | $828K | $733K | 75x | as long as short |
| Variational Omni TRX | −0.0011% | 8h | 0.3444 | −0.072% | $563K | $36K | — | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3447 | +0.012% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3447 | long leg | $121K | — | 150x | |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.160% | $1K | $163K | 12x | as long as short |
| OKX TRX-USDT-SWAP | +0.0037% | 8h | 0.3446 | −0.018% | $15.6M | $8.8M | 50x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
Backpack TRX_USDC_PERP
HTX TRX-USDT
Variational Omni TRX
dYdX TRX-USD
Injective TRX/USDC PERP
OKX TRX-USDT-SWAPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended TRX-USD | +0.0040% | 1h | 0.3445 | −0.042% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0042% | 8h | 0.3446 | −0.015% | $18.3M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0044% | 8h | 0.3446 | −0.021% | $99.5M | $48.4M | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0077% | 8h | 0.3445 | −0.044% | $9K | $385 | 20x | as long as short |
| Gate TRX_USDT | +0.0084% | 8h | 0.3446 | −0.018% | $9.6M | $2.4M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3444 | −0.068% | $33K | — | 3x | as long as short |
| Lighter TRX | +0.0088% | 1h | 0.3445 | −0.038% | $482K | $627K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3446 | −0.015% | $14K | $107K | 20x | as long as short |
| Aster TRXUSDT | +0.0091% | 8h | 0.3446 | −0.012% | $956K | $660K | 75x | as long as short |
| Phemex TRXUSDT | +0.0091% | 8h | 0.3446 | −0.021% | $3.8M | $1.6M | 50x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3447 | +0.023% | $13.2M | $2.2M | 10x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3446 | −0.015% | $54.7M | $8.0M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3445 | −0.032% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3446 | −0.026% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3445 | −0.054% | $589K | $445K | 20x | as long as short |
| ApeX Omni TRXUSDTshort | +0.0100% | 1h | 0.3446 | −0.026% | $115K | $572K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3445 | −0.030% | $196K | $937K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3446 | −0.018% | $401 | $5K | 5x | as long as short |
| BloFin TRX-USDT | +0.0163% | 8h | 0.3445 | −0.041% | $4.6M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0173% | 1h | 0.3448 | +0.050% | $1.9M | $1.1M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3445 | −0.038% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0539% | 1h | 0.3449 | +0.081% | $833K | $417K | 25x | as long as short |
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Paradex TRX-USD-PERP
Gate TRX_USDT
Aevo TRX-PERP
Lighter TRX
Orderly PERP_TRX_USDC
Aster TRXUSDT
Phemex TRXUSDT
Hyperliquid TRX
Bybit TRXUSDT
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
SunX TRX-USDT
SoDEX TRX-USD
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL