Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.047%
Price spread now: Bitget against KuCoin+0.012%7-day average −0.019% · 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−$38as in the Price arb table
costs, in and out, $10k−$410.413% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 7 days−0.005%$0 · spread now +0.012%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.030% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3439 | 0.0057 | pay 0.0057% / 8h | 2h 44m | $8.7M | $3.6M | 75x |
| Short | Bitget TRXUSDT | 0.3439 | 0.0066 | get 0.0066% / 8h | 2h 44m | $9.4M | $2.1M | 75x |
KuCoin TRXUSDTM
Bitget TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $1.89
- Price spread: +0.012% → −0.019%
- $3.02
- Slippage, 4 orders
- −$17.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$36.42
- Costs to cover
- 0.413%
- Break-even
- 141.9 days
Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 0.29 bp | 12.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.14 bp | 7.9 bp −$8 | 12.8 bp −$128 | 26.6 bp −$2,658 | 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 | 0.3439 | +0.005% | $5 | — | 20x | as long as short |
| BingX TRX-USDC | −0.0095% | 8h | 0.3439 | +0.012% | — | $6.5M | — | as long as short |
| Bybit TRXUSDT | −0.0094% | 8h | 0.3439 | +0.006% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0086% | 8h | 0.3439 | −0.008% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3441 | +0.064% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.0057% | 8h | 0.3439 | +0.015% | $951K | $633K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0050% | 1h | 0.3440 | +0.023% | $58K | $7K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3439 | +0.006% | $1K | $100K | 12x | as long as short |
| HTX TRX-USDT | −0.0035% | 8h | 0.3439 | +0.006% | $826K | $706K | 75x | as long as short |
| SoDEX TRX-USD | −0.0024% | 1h | 0.3440 | +0.023% | $401 | $5K | 5x | as long as short |
Reya TRXRUSDPERP
BingX TRX-USDC
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Aster TRXUSDT
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
HTX TRX-USDT
SoDEX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | −0.0001% | 8h | 0.3440 | +0.026% | $99.3M | $49.2M | 75x | as long as short |
| MEXC TRX_USDT | −0.0001% | 8h | 0.3440 | +0.026% | $17.2M | $1.6M | 200x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3439 | −0.002% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3441 | +0.076% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0009% | 8h | 0.3439 | +0.012% | $15.6M | $8.8M | 50x | as long as short |
| Lighter TRX | +0.0024% | 1h | 0.3439 | +0.012% | $483K | $628K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0045% | 8h | 0.3440 | +0.025% | $9K | $385 | 20x | as long as short |
| KuCoin TRXUSDTMlong | +0.0057% | 8h | 0.3439 | long leg | $8.7M | $3.6M | 75x | |
| Bitget TRXUSDTshort | +0.0066% | 8h | 0.3439 | +0.012% | $9.4M | $2.1M | 75x | |
| Phemex TRXUSDT | +0.0073% | 8h | 0.3440 | +0.026% | $3.8M | $1.6M | 50x | as long as short |
| dYdX TRX-USD | +0.0075% | 1h | 0.3441 | +0.054% | $181K | $10K | 10x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3438 | −0.017% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0086% | 8h | 0.3439 | +0.020% | $14K | $107K | 20x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3441 | +0.078% | $1.9M | $978K | 25x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.087% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3439 | +0.015% | $9.7M | $2.4M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3440 | +0.024% | $587K | $436K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3440 | +0.032% | $115K | $542K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3442 | +0.103% | $196K | $913K | 30x | as long as short |
| BloFin TRX-USDT | +0.0119% | 8h | 0.3440 | +0.026% | $4.6M | $4.0M | 50x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0282% | 1h | 0.3444 | +0.142% | $828K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0351% / S −0.0367% | 1h | 0.3441 | +0.054% | $19K | — | 100x | as long as short |
Binance TRXUSDT
MEXC TRX_USDT
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
Lighter TRX
Paradex TRX-USD-PERP
Phemex TRXUSDT
dYdX TRX-USD
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Kraken Futures PF_TRXUSD
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]