Funding you earn now, next payment 01:00 UTC+0.0174%/8h= +19.1% APRpaid last 24h +0.039%
Price spread now: ApeX Omni against KuCoin−0.061%82s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days+0.345%+$35 on $10k
+Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.061%, 7d avg +0.012%
=Funding pays, the price is against you. ApeX Omni is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.012%). If the spread goes back, that is −$7 on $10k: about 33 hours of funding at the current rate (+$5 a day). The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3462 | −0.0074 | get 0.0074% / 8h | 7h 06m | $8.7M | $3.5M | 75x |
| Short | ApeX Omni TRXUSDT | 0.3460 | 0.0100 | get 0.0013% / 1h | 6m 08s | $115K | $565K | 50x |
KuCoin TRXUSDTM
ApeX Omni TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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
- $36.54
- Price spread: −0.061% → +0.012%
- −$7.26
- Slippage, 4 orders
- −$37.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$29.95
- Costs to cover
- 0.592%
- Break-even
- 12.7 days
Slippage from KuCoin: live order book, 2 min ago; ApeX Omni: live order book, 67 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 KuCoin live order book, 2 min ago | 0.58 bp | 14.7 bp −$15 | 120.0 bp −$1,200 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 67 min ago | 2.76 bp | 15.6 bp −$16 | 125.1 bp −$1,251 | 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 | 0.3460 | −0.060% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTMlong | −0.0074% | 8h | 0.3462 | long leg | $8.7M | $3.5M | 75x | |
| Phoenix TRX | −0.0046% | 1h | 0.3462 | −0.003% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3462 | +0.012% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3462 | +0.006% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0032% | 1h | 0.3461 | −0.032% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.607% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0073% | 8h | 0.3461 | −0.033% | $565K | $37K | — | as long as short |
| Extended TRX-USD | +0.0088% | 1h | 0.3461 | −0.040% | $196K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0090% | 8h | 0.3461 | −0.017% | $18.6M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Injective 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 | +0.0090% | 8h | 0.3461 | −0.017% | $101.4M | $49.0M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3461 | −0.035% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0093% | 8h | 0.3460 | −0.061% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3461 | −0.032% | $484K | $632K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3462 | −0.003% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3462 | −0.011% | $956K | $666K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3462 | 0.000% | $55.0M | $8.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3462 | −0.009% | $15.5M | $8.5M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3460 | −0.046% | $9.7M | $2.6M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3463 | +0.035% | $10.4M | $3.0M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3462 | −0.003% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3460 | −0.053% | $590K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDTshort | +0.0100% | 1h | 0.3460 | −0.061% | $115K | $565K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3457 | −0.155% | $197K | $974K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3461 | −0.017% | $406 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3460 | −0.070% | $831K | $777K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3461 | −0.029% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3459 | −0.081% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3464 | +0.049% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0210% | 8h | 0.3460 | −0.046% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0368% / S −0.0395% | 1h | 0.3462 | −0.006% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0541% | 1h | 0.3465 | +0.089% | $844K | $425K | 25x | as long as short |
Binance TRXUSDT
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL