Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.070%
Price spread now: Bitget against HTX+0.043%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.383% of the position
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.043%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.020% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TRX-USDT | 0.3475 | 0.0100 | pay 0.0100% / 8h | 4h 31m | $834K | $844K | 75x |
| Short | Bitget TRXUSDT | 0.3476 | 0.0100 | get 0.0100% / 8h | 4h 31m | $10.3M | $3.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against HTX. 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: +0.043% → +0.023%
- $2.02
- Slippage, 4 orders
- −$14.25
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$36.24
- Costs to cover
- 0.383%
- Break-even
- never at this rate
Slippage from HTX: live order book, 27 min ago; Bitget: 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 HTX live order book, 27 min ago | 4.52 bp | 11.8 bp −$12 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.14 bp | 7.9 bp −$8 | 12.4 bp −$124 | 38.9 bp −$3,893 | 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 | 0.3476 | +0.023% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3473 | −0.041% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3475 | +0.001% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3476 | +0.045% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.973% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0050% | 1h | 0.3475 | +0.003% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3476 | +0.034% | — | $6.5M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0091% | 8h | 0.3475 | +0.018% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3476 | +0.040% | $485K | $669K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0098% | 8h | 0.3475 | +0.011% | $15K | $100K | 20x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3479 | +0.109% | $13.1M | $2.6M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3476 | +0.033% | $963K | $696K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3476 | +0.047% | $105.2M | $58.6M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3475 | +0.005% | $53.6M | $11.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3476 | +0.037% | $15.5M | $9.8M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3476 | +0.037% | $9.6M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3477 | +0.052% | $18.8M | $2.1M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3477 | +0.069% | $8.6M | $3.4M | 75x | as long as short |
| Bitget TRXUSDTshort | +0.0100% | 8h | 0.3476 | +0.043% | $10.3M | $3.3M | 75x | |
| Variational Omni TRX | +0.0100% | 8h | 0.3470 | −0.142% | $568K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3472 | −0.085% | $592K | $472K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3476 | +0.023% | $116K | $563K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3475 | −0.007% | $197K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3476 | +0.046% | $409 | $5K | 5x | as long as short |
| HTX TRX-USDTlong | +0.0100% | 8h | 0.3475 | long leg | $834K | $844K | 75x | |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3476 | +0.040% | $3.9M | $1.8M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3475 | +0.011% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3474 | −0.029% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3475 | +0.005% | $4.7M | $3.9M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0261% | 1h | 0.3477 | +0.060% | $2.4M | $1.7M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3476 | +0.035% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0466% | 1h | 0.3479 | +0.127% | $844K | $503K | 25x | as long as short |
HTX TRX-USDT
Bitget TRXUSDT
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
BingX TRX-USDC
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL