Funding you earn now, next payment 01:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.004%
Price spread now: BingX against gTrade (Gains Network)+0.010%46s7-day average −0.031% · 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—prices read too far apart to compare
costs, in and out, $10k−$2842.844% of the position
Funding, last 3 days (all we have)+0.005%+$1 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.010%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.042% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.031%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3457 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 15m 29s | $122K | — | 150x |
| Short | BingX TRX-USDC | 0.3457 | 0.0100 | get 0.0100% / 8h | 7h 15m | — | $6.5M | — |
gTrade (Gains Network) TRX/USD
BingX TRX-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.010% → −0.031%
- $4.17
- Slippage, 4 orders
- −$264.37
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$259.86
- Costs to cover
- 2.844%
- Break-even
- 96.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 58 min ago; BingX: live order book, 5 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), 58 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 BingX live order book, 5 min ago | 0.72 bp | 7.2 bp −$7 | 29.1 bp −$291 | 388.4 bp −$38.8K | 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 | 0.3457 | +0.005% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0086% | 8h | 0.3457 | −0.013% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3457 | −0.001% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | −0.016% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3457 | long leg | $122K | — | 150x | |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.461% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0043% | 1h | 0.3456 | −0.030% | $58K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.0057% | 8h | 0.3455 | −0.057% | $564K | $37K | — | as long as short |
| Extended TRX-USD | +0.0080% | 1h | 0.3456 | −0.015% | $194K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0080% | 8h | 0.3458 | +0.025% | $18.5M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
Variational Omni TRX
Extended TRX-USD
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0083% | 8h | 0.3458 | +0.019% | $100.8M | $48.0M | 75x | as long as short |
| HTX TRX-USDT | +0.0086% | 8h | 0.3456 | −0.014% | $830K | $755K | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0091% | 8h | 0.3459 | +0.065% | $15.5M | $8.4M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0091% | 8h | 0.3457 | −0.002% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3456 | −0.027% | $15K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3457 | −0.007% | $484K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3459 | +0.062% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3457 | 0.000% | $957K | $664K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3457 | +0.002% | $55.1M | $8.3M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3458 | +0.025% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3458 | +0.031% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDCshort | +0.0100% | 8h | 0.3457 | +0.010% | — | $6.5M | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3455 | −0.046% | $590K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3456 | −0.019% | $115K | $566K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3453 | −0.102% | $196K | $957K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3457 | −0.007% | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3457 | +0.008% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3454 | −0.074% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3458 | +0.038% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0201% | 8h | 0.3456 | −0.027% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3456 | −0.027% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0606% | 1h | 0.3460 | +0.098% | $846K | $421K | 25x | as long as short |
Binance TRXUSDT
HTX TRX-USDT
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL