Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.047%
Price spread now: HTX against Gate−0.038%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.383%−$38 on $10k
+Price spread, last 3 days (all we have)−0.031%−$3 · spread now −0.038%, 7d avg −0.036%
=The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRX_USDT | 0.3458 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $9.7M | $2.5M | 75x |
| Short | HTX TRX-USDT | 0.3456 | 0.0086 | get 0.0086% / 8h | 7h 15m | $830K | $755K | 75x |
Gate TRX_USDT
HTX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$3.04
- Price spread: −0.038% → −0.036%
- −$0.28
- Slippage, 4 orders
- −$17.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$47.76
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; HTX: live order book, 58 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, 3 min ago | 0.14 bp | 10.1 bp −$10 | 22.1 bp −$221 | 33.5 bp −$3,350 | 59.9 bp −$30.0K |
| Sell HTX live order book, 58 min ago | 4.27 bp | 10.3 bp −$10 | 17.3 bp −$173 | 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 | 0.3456 | −0.063% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0086% | 8h | 0.3457 | −0.038% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3457 | −0.026% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | −0.041% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3457 | −0.025% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.486% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0043% | 1h | 0.3456 | −0.055% | $58K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.0057% | 8h | 0.3455 | −0.082% | $564K | $37K | — | as long as short |
| Extended TRX-USD | +0.0080% | 1h | 0.3456 | −0.040% | $194K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0080% | 8h | 0.3457 | −0.014% | $18.5M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) 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 | 0.3457 | −0.013% | $100.8M | $48.0M | 75x | as long as short |
| HTX TRX-USDTshort | +0.0086% | 8h | 0.3456 | −0.038% | $830K | $755K | 75x | |
| OKX TRX-USDT-SWAP | +0.0091% | 8h | 0.3458 | −0.006% | $15.5M | $8.4M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0091% | 8h | 0.3457 | −0.027% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3456 | −0.052% | $15K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3457 | −0.032% | $484K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3459 | +0.035% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3457 | −0.027% | $957K | $664K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3457 | −0.023% | $55.1M | $8.3M | 75x | as long as short |
| Gate TRX_USDTlong | +0.0100% | 8h | 0.3458 | long leg | $9.7M | $2.5M | 75x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3457 | −0.017% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3457 | −0.017% | — | $32.9M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3454 | −0.099% | $590K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3454 | −0.101% | $115K | $565K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3453 | −0.127% | $196K | $957K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3457 | −0.032% | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3457 | −0.017% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3454 | −0.099% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3458 | +0.013% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0201% | 8h | 0.3456 | −0.052% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3456 | −0.052% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0606% | 1h | 0.3460 | +0.073% | $846K | $421K | 25x | as long as short |
Binance TRXUSDT
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Bitget TRXUSDT
BingX TRX-USDT
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