Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.029%
Price spread now: SunX against gTrade (Gains Network)+0.028%7-day average −0.120% · 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−$299as in the Price arb table
costs, in and out, $10k−$3133.134% of the position
Funding, last 3 days (all we have)+0.075%+$8 on $10k
+Price spread, last 3 days (all we have)−0.252%−$25 · spread now +0.028%, 7d avg −0.120%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.148% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.120%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3444 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 50m 41s | $121K | — | 150x |
| Short | SunX TRX-USDT | 0.3445 | 0.0100 | get 0.0100% / 8h | 50m 41s | $196K | $918K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $20.36
- Price spread: +0.028% → −0.120%
- $14.82
- Slippage, 4 orders
- −$295.37
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$278.19
- Costs to cover
- 3.134%
- Break-even
- 102.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 28 min ago; SunX: live order book, 12 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), 28 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 SunX live order book, 12 min ago | 7.89 bp | 29.3 bp −$29 | 39.7 bp −$397 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.0146% | 1h | 0.3441 | −0.080% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3442 | −0.042% | $5 | — | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.0125% | 1h | 0.3443 | −0.033% | $58K | $4K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0088% | 8h | 0.3442 | −0.048% | $8.7M | $3.7M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3444 | −0.001% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0060% | 8h | 0.3440 | −0.108% | $563K | $38K | — | as long as short |
| Bybit TRXUSDT | −0.0036% | 8h | 0.3443 | −0.030% | $54.6M | $8.0M | 75x | as long as short |
| HTX TRX-USDT | −0.0028% | 8h | 0.3442 | −0.055% | $826K | $724K | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3442 | −0.037% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3444 | long leg | $121K | — | 150x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0005% | 8h | 0.3443 | −0.025% | $15.6M | $8.7M | 50x | as long as short |
| MEXC TRX_USDT | +0.0022% | 8h | 0.3443 | −0.025% | $18.1M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0023% | 8h | 0.3443 | −0.022% | $99.3M | $47.9M | 75x | as long as short |
| Extended TRX-USD | +0.0024% | 1h | 0.3442 | −0.048% | $196K | $1.1M | 25x | as long as short |
| Aster TRXUSDT | +0.0034% | 8h | 0.3443 | −0.033% | $955K | $659K | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0054% | 8h | 0.3442 | −0.050% | $9K | $385 | 20x | as long as short |
| Lighter TRX | +0.0056% | 1h | 0.3442 | −0.042% | $482K | $630K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3444 | +0.015% | $1.9M | $1.0M | 25x | as long as short |
| Phemex TRXUSDT | +0.0077% | 8h | 0.3443 | −0.028% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0087% | 8h | 0.3443 | −0.028% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3441 | −0.084% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3443 | −0.036% | $14K | $107K | 20x | as long as short |
| BloFin TRX-USDT | +0.0090% | 8h | 0.3443 | −0.030% | $4.6M | $4.0M | 50x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3444 | +0.007% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3443 | −0.025% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3443 | −0.030% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3442 | −0.056% | $587K | $430K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3442 | −0.062% | $115K | $557K | 50x | as long as short |
| SunX TRX-USDTshort | +0.0100% | 8h | 0.3445 | +0.028% | $196K | $918K | 30x | |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3443 | −0.028% | $401 | $5K | 5x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0365% / S −0.0395% | 1h | 0.3443 | −0.017% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0444% | 1h | 0.3446 | +0.074% | $829K | $414K | 25x | as long as short |
gTrade (Gains Network) TRX/USD
SunX TRX-USDT
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
KuCoin TRXUSDTM
Phoenix TRX
Variational Omni TRX
Bybit TRXUSDT
HTX TRX-USDT
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
Aster TRXUSDT
Paradex TRX-USD-PERP
Lighter TRX
Kraken Futures PF_TRXUSD
Phemex TRXUSDT
Gate TRX_USDT
BloFin TRX-USDT
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SoDEX TRX-USD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL