Funding you earn now, next payment 02:00 UTC+0.0101%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against gTrade (Gains Network)−0.028%7-day average −0.065% · 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−$273as in the Price arb table
costs, in and out, $10k−$2772.770% of the position
Funding, last 3 days (all we have)+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.028%, 7d avg −0.065%
=Together, before fees+0.014%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.037% 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 −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3469 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 28m 00s | $122K | — | 150x |
| Short | Extended TRX-USD | 0.3468 | 0.0104 | get 0.0013% / 1h | 28m 00s | $195K | $1.0M | 25x |
gTrade (Gains Network) TRX/USD
Extended TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $21.18
- Price spread: −0.028% → −0.065%
- $3.71
- Slippage, 4 orders
- −$262.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$252.12
- Costs to cover
- 2.770%
- Break-even
- 90.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 41 min ago; Extended: live order book, just now.
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), 41 min ago | 130.01 bp | 135.0 bp −$135 | 224.8 bp −$2,248 | 2109.1 bp −$210.9K | 10777.2 bp −$5.39M |
| Sell Extended live order book, just now | 0.14 bp | 3.5 bp −$4 | 10.6 bp −$106 | doesn't fit | doesn't fit |
TRX on 31 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 | 0.3468 | −0.018% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3468 | −0.018% | $5K | $14K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0005% | 8h | 0.3469 | +0.016% | $8.7M | $3.5M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3468 | −0.014% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3469 | long leg | $122K | — | 150x | |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.805% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0055% | 1h | 0.3468 | −0.027% | $59K | $4K | 10x | as long as short |
| HTX TRX-USDT | +0.0089% | 8h | 0.3467 | −0.045% | $833K | $794K | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0094% | 8h | 0.3468 | −0.027% | $14K | $122K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3468 | −0.013% | $484K | $661K | 10x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
KuCoin TRXUSDTM
dYdX TRX-USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
HTX TRX-USDT
Orderly PERP_TRX_USDC
Lighter TRXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0097% | 8h | 0.3468 | −0.027% | $9K | $251 | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3470 | +0.042% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3468 | −0.040% | $958K | $669K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3469 | +0.008% | $102.7M | $50.6M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3469 | +0.016% | $54.9M | $9.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3469 | +0.005% | $15.5M | $8.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3469 | −0.007% | $9.7M | $2.6M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3469 | −0.010% | $18.5M | $2.0M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3469 | +0.016% | $10.4M | $3.2M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3469 | +0.010% | — | $6.5M | — | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3468 | −0.028% | $566K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3467 | −0.043% | $592K | $451K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3468 | −0.036% | $115K | $563K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3466 | −0.082% | $197K | $1.0M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3469 | −0.010% | $405 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3469 | −0.010% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USDshort | +0.0104% | 1h | 0.3468 | −0.028% | $195K | $1.0M | 25x | |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3467 | −0.054% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3468 | −0.024% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0524% | 1h | 0.3470 | +0.033% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0742% | 1h | 0.3473 | +0.106% | $799K | $463K | 25x | as long as short |
Paradex TRX-USD-PERP
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL