Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.64 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against KuCoin+0.044%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.044%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.044% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3437 | 0.0036 | pay 0.0036% / 8h | 2h 34m | $8.7M | $3.6M | 75x |
| Short | Gate TRX_USDT | 0.3438 | 0.0100 | get 0.0100% / 8h | 2h 34m | $9.7M | $2.5M | 75x |
KuCoin TRXUSDTM
Gate TRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $13.44
- Price spread: +0.044% → 0.000%
- $4.36
- Slippage, 4 orders
- −$26.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$35.47
- Costs to cover
- 0.533%
- Break-even
- 25.5 days
Slippage from KuCoin: live order book, 4 min ago; Gate: 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 | 0.58 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.46 bp | 9.8 bp −$10 | 24.8 bp −$248 | 36.3 bp −$3,630 | 63.1 bp −$31.6K |
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 | 0.3438 | +0.035% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0091% | 8h | 0.3437 | +0.012% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0086% | 8h | 0.3436 | −0.006% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3439 | +0.070% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.0056% | 8h | 0.3438 | +0.052% | $951K | $638K | 75x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3439 | +0.070% | $1K | $100K | 12x | as long as short |
| Backpack TRX_USDC_PERP | −0.0042% | 1h | 0.3438 | +0.044% | $58K | $7K | 10x | as long as short |
| HTX TRX-USDT | −0.0033% | 8h | 0.3437 | +0.019% | $825K | $707K | 75x | as long as short |
| SoDEX TRX-USD | −0.0013% | 1h | 0.3438 | +0.047% | $399 | $5K | 5x | as long as short |
| Lighter TRX | −0.0008% | 1h | 0.3438 | +0.029% | $483K | $628K | 10x | as long as short |
Reya TRXRUSDPERP
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Aster TRXUSDT
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
HTX TRX-USDT
SoDEX TRX-USD
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | −0.0002% | 8h | 0.3438 | +0.047% | $99.3M | $49.2M | 75x | as long as short |
| MEXC TRX_USDT | −0.0002% | 8h | 0.3438 | +0.044% | $17.2M | $1.6M | 200x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3438 | +0.027% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3440 | +0.088% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0008% | 8h | 0.3438 | +0.047% | $15.6M | $8.8M | 50x | as long as short |
| KuCoin TRXUSDTMlong | +0.0036% | 8h | 0.3437 | long leg | $8.7M | $3.6M | 75x | |
| Paradex TRX-USD-PERP | +0.0039% | 8h | 0.3438 | +0.042% | $9K | $385 | 20x | as long as short |
| BingX TRX-USDT | +0.0066% | 8h | 0.3438 | +0.029% | — | $38.2M | — | as long as short |
| Bitget TRXUSDT | +0.0068% | 8h | 0.3438 | +0.029% | $9.4M | $2.1M | 75x | as long as short |
| Phemex TRXUSDT | +0.0073% | 8h | 0.3438 | +0.047% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3437 | −0.003% | $33K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3440 | +0.091% | $1.9M | $978K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0087% | 8h | 0.3438 | +0.038% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3440 | +0.090% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDTshort | +0.0100% | 8h | 0.3438 | +0.044% | $9.7M | $2.5M | 75x | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3438 | +0.036% | $587K | $435K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3440 | +0.087% | $115K | $541K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3441 | +0.138% | $196K | $914K | 30x | as long as short |
| BloFin TRX-USDT | +0.0117% | 8h | 0.3439 | +0.073% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0140% | 1h | 0.3439 | +0.060% | $181K | $10K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0351% / S −0.0367% | 1h | 0.3439 | +0.068% | $19K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0352% | 1h | 0.3442 | +0.170% | $828K | $407K | 25x | as long as short |
Binance TRXUSDT
MEXC TRX_USDT
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
BingX TRX-USDT
Bitget TRXUSDT
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
Orderly PERP_TRX_USDC
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
dYdX TRX-USD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL