Funding you earn now, next payment 23:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.038%
Price spread now: ApeX Omni against Gate+0.044%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.044%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and ApeX Omni is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRX_USDT | 0.3441 | 0.0089 | pay 0.0089% / 8h | 1h 23m | $9.6M | $2.5M | 75x |
| Short | ApeX Omni TRXUSDT | 0.3443 | 0.0100 | get 0.0013% / 1h | 23m 20s | $115K | $547K | 50x |
Gate TRX_USDT
ApeX Omni TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. 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
- $2.31
- Price spread: +0.044% → +0.014%
- $2.93
- Slippage, 4 orders
- −$33.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$53.04
- Costs to cover
- 0.583%
- Break-even
- 167.7 days
Slippage from Gate: live order book, 5 min ago; ApeX Omni: live order book, 59 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 Gate live order book, 5 min ago | 0.44 bp | 11.4 bp −$11 | 23.0 bp −$230 | 33.0 bp −$3,302 | 59.7 bp −$29.9K |
| Sell ApeX Omni live order book, 59 min ago | 6.68 bp | 16.9 bp −$17 | 108.1 bp −$1,081 | 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 | 0.3441 | −0.008% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | −0.003% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0078% | 8h | 0.3440 | −0.030% | $563K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3441 | +0.009% | $5K | $13K | 10x | as long as short |
| Bybit TRXUSDT | −0.0059% | 8h | 0.3441 | −0.003% | $54.7M | $8.2M | 75x | as long as short |
| KuCoin TRXUSDTM | −0.0053% | 8h | 0.3441 | −0.015% | $8.7M | $3.6M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0020% | 1h | 0.3441 | −0.009% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | −0.0019% | 8h | 0.3439 | −0.071% | $825K | $718K | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3442 | +0.038% | $181K | $10K | 10x | as long as short |
| OKX TRX-USDT-SWAP | 0.0000% | 8h | 0.3441 | 0.000% | $15.6M | $8.8M | 50x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Phoenix TRX
Bybit TRXUSDT
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
HTX TRX-USDT
dYdX TRX-USD
OKX TRX-USDT-SWAPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.042% | $121K | — | 150x | as long as short |
| Aster TRXUSDT | +0.0004% | 8h | 0.3442 | +0.030% | $957K | $658K | 75x | as long as short |
| MEXC TRX_USDT | +0.0014% | 8h | 0.3442 | +0.012% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0015% | 8h | 0.3441 | +0.009% | $99.3M | $48.3M | 75x | as long as short |
| Lighter TRX | +0.0016% | 1h | 0.3441 | −0.006% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0016% | 1h | 0.3441 | −0.015% | $196K | $1.1M | 25x | as long as short |
| SoDEX TRX-USD | +0.0023% | 1h | 0.3441 | +0.009% | $403 | $5K | 5x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3443 | +0.054% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0052% | 8h | 0.3441 | −0.008% | $9K | $385 | 20x | as long as short |
| BloFin TRX-USDT | +0.0061% | 8h | 0.3441 | +0.009% | $4.6M | $4.0M | 50x | as long as short |
| Phemex TRXUSDT | +0.0075% | 8h | 0.3441 | +0.009% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3440 | −0.044% | $33K | — | 3x | as long as short |
| Gate TRX_USDTlong | +0.0089% | 8h | 0.3441 | long leg | $9.6M | $2.5M | 75x | |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | −0.009% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.049% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3442 | +0.012% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3441 | 0.000% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.002% | $587K | $431K | 20x | as long as short |
| ApeX Omni TRXUSDTshort | +0.0100% | 1h | 0.3443 | +0.044% | $115K | $547K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.049% | $196K | $918K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0241% | 1h | 0.3445 | +0.108% | $832K | $411K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.031% | $20K | — | 100x | as long as short |
gTrade (Gains Network) TRX/USD
Aster TRXUSDT
MEXC TRX_USDT
Binance TRXUSDT
Lighter TRX
Extended TRX-USD
SoDEX TRX-USD
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
BloFin TRX-USDT
Phemex TRXUSDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]