Funding you earn now, next payment 05:00 UTC+0.0217%/8h= +23.7% APRpaid last 24h +0.028%
Price spread now: BloFin against gTrade (Gains Network)−0.024%7-day average −0.023% · 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−$284as in the Price arb table
costs, in and out, $10k−$2842.840% of the position
Funding, last 3 days (all we have)+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.024%, 7d avg −0.023%
=The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: +$7 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 | 0.3483 | L +0.0003% / S −0.0008% | pay 0.0000% / 1h | 55m 05s | $123K | — | 150x |
| Short | BloFin TRX-USDT | 0.3482 | 0.0220 | get 0.0220% / 8h | 3h 55m | $4.7M | $3.9M | 50x |
gTrade (Gains Network) TRX/USD
BloFin TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $45.52
- Price spread: −0.024% → −0.023%
- −$0.16
- Slippage, 4 orders
- −$262.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$238.66
- Costs to cover
- 2.840%
- Break-even
- 43.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 64 min ago; BloFin: live order book, 3 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), 64 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 BloFin live order book, 3 min ago | 0.14 bp | 6.8 bp −$7 | 11.1 bp −$111 | 30.1 bp −$3,009 | 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 | 0.3482 | −0.022% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3483 | −0.016% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3482 | −0.025% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0008% | 1h | 0.3483 | long leg | $123K | — | 150x | |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.213% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3483 | −0.007% | — | $6.5M | — | as long as short |
| HTX TRX-USDT | +0.0095% | 8h | 0.3482 | −0.023% | $836K | $858K | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0095% | 8h | 0.3482 | −0.023% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3483 | −0.013% | $486K | $669K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3483 | −0.022% | $15K | $44K | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
Injective TRX/USDC PERP
BingX TRX-USDC
HTX TRX-USDT
Paradex TRX-USD-PERP
Lighter TRX
Orderly PERP_TRX_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3486 | +0.082% | $13.2M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3483 | −0.009% | $965K | $696K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3483 | +0.006% | $106.0M | $59.3M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3482 | −0.036% | $53.7M | $11.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3483 | +0.004% | $15.6M | $9.9M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3483 | −0.001% | $9.7M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3483 | +0.004% | $19.0M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3483 | −0.004% | $8.6M | $3.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3483 | −0.001% | $10.5M | $3.4M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3482 | −0.033% | $62K | $5K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3480 | −0.096% | $569K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3481 | −0.054% | $594K | $466K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3482 | −0.042% | $116K | $565K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3481 | −0.055% | $198K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3483 | −0.004% | $408 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3483 | −0.010% | $4.0M | $1.9M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3482 | −0.029% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3482 | −0.042% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0144% | 1h | 0.3484 | +0.017% | $2.4M | $1.7M | 25x | as long as short |
| BloFin TRX-USDTshort | +0.0220% | 8h | 0.3482 | −0.024% | $4.7M | $3.9M | 50x | |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3483 | −0.019% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0608% | 1h | 0.3486 | +0.093% | $848K | $530K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Backpack TRX_USDC_PERP
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL