Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against Gate+0.037%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.037%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.036% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRX_USDT | 0.3480 | 0.0100 | pay 0.0100% / 8h | 5h 59m | $9.6M | $3.2M | 75x |
| Short | KuCoin TRXUSDTM | 0.3481 | 0.0100 | get 0.0100% / 8h | 5h 59m | $8.5M | $3.4M | 75x |
Gate TRX_USDT
KuCoin TRXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: +0.037% → +0.001%
- $3.59
- Slippage, 4 orders
- −$19.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$43.2
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 2 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 | 0.86 bp | 11.9 bp −$12 | 25.9 bp −$259 | 32.4 bp −$3,236 | 58.3 bp −$29.1K |
| Sell KuCoin live order book, 2 min ago | 0.43 bp | 15.4 bp −$15 | 77.9 bp −$779 | doesn't fit | doesn't fit |
TRX on 32 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.0310% | 8h | 0.3478 | −0.069% | $963K | $927K | 75x | as long as short |
| SoDEX TRX-USD | −0.0261% | 1h | 0.3481 | +0.017% | $407 | $5K | 5x | as long as short |
| HTX TRX-USDT | −0.0217% | 8h | 0.3481 | +0.029% | $833K | $884K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3481 | +0.022% | $5 | — | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.0069% | 1h | 0.3480 | −0.003% | $57K | $8K | 10x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3485 | +0.132% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3483 | +0.089% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3483 | +0.080% | $126K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.124% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3481 | +0.023% | — | $6.5M | — | as long as short |
Aster TRXUSDT
SoDEX TRX-USD
HTX TRX-USDT
Reya TRXRUSDPERP
Backpack TRX_USDC_PERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDCShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | +0.0096% | 1h | 0.3481 | +0.020% | $482K | $656K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3482 | +0.061% | $9K | $52 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3480 | +0.009% | $14K | $71K | 20x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3481 | +0.029% | $107.1M | $63.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3481 | +0.026% | $53.4M | $13.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3481 | +0.037% | $15.4M | $11.4M | 50x | as long as short |
| Gate TRX_USDTlong | +0.0100% | 8h | 0.3480 | long leg | $9.6M | $3.2M | 75x | |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3481 | +0.026% | $19.1M | $2.3M | 200x | as long as short |
| KuCoin TRXUSDTMshort | +0.0100% | 8h | 0.3481 | +0.037% | $8.5M | $3.4M | 75x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3480 | +0.003% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3481 | +0.017% | $577K | $28K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3482 | +0.058% | $594K | $506K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3484 | +0.109% | $117K | $619K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3480 | +0.002% | $198K | $1.3M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3482 | +0.049% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3479 | −0.024% | $213K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3479 | −0.035% | $34K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0184% | 1h | 0.3486 | +0.155% | $14.3M | $2.8M | 10x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3481 | +0.014% | $4.8M | $3.9M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0269% | 1h | 0.3480 | +0.005% | $2.4M | $1.8M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0409% / S −0.0492% | 1h | 0.3483 | +0.089% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0549% | 1h | 0.3484 | +0.109% | $805K | $723K | 25x | as long as short |
Lighter TRX
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
Hyperliquid TRX
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL