Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h −0.031%
Price spread now: HTX against KuCoin−0.029%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 3 days (all we have)−0.077%−$8 · spread now −0.029%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.231%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3440 | −0.0058 | get 0.0058% / 8h | 1h 17m | $8.7M | $3.6M | 75x |
| Short | HTX TRX-USDT | 0.3439 | −0.0017 | pay 0.0017% / 8h | 1h 17m | $826K | $719K | 75x |
KuCoin TRXUSDTM
HTX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $8.7
- Price spread: −0.029% → −0.038%
- $0.85
- Slippage, 4 orders
- −$20.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$35.21
- Costs to cover
- 0.448%
- Break-even
- 35.3 days
Slippage from KuCoin: live order book, 5 min ago; HTX: live order book, 66 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, 5 min ago | 0.44 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 66 min ago | 4.29 bp | 10.3 bp −$10 | 17.1 bp −$171 | 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 | 0.3440 | −0.003% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.029% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0073% | 8h | 0.3440 | +0.002% | $563K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.070% | $5K | $13K | 10x | as long as short |
| KuCoin TRXUSDTMlong | −0.0058% | 8h | 0.3440 | long leg | $8.7M | $3.6M | 75x | |
| Bybit TRXUSDT | −0.0052% | 8h | 0.3440 | +0.003% | $54.6M | $8.2M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0029% | 1h | 0.3441 | +0.017% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDTshort | −0.0017% | 8h | 0.3439 | −0.029% | $826K | $719K | 75x | |
| dYdX TRX-USD | 0.0000% | 1h | 0.3442 | +0.070% | $181K | $10K | 10x | as long as short |
| OKX TRX-USDT-SWAP | 0.0000% | 8h | 0.3440 | −0.006% | $15.6M | $8.8M | 50x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Phoenix TRX
Bybit TRXUSDT
Backpack TRX_USDC_PERP
dYdX TRX-USD
OKX TRX-USDT-SWAPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.057% | $121K | — | 150x | as long as short |
| Aster TRXUSDT | +0.0012% | 8h | 0.3441 | +0.038% | $957K | $658K | 75x | as long as short |
| Lighter TRX | +0.0016% | 1h | 0.3440 | +0.009% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0016% | 1h | 0.3440 | −0.013% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0018% | 8h | 0.3441 | +0.015% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0019% | 8h | 0.3440 | +0.013% | $99.3M | $48.3M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3442 | +0.071% | $1.9M | $1.0M | 25x | as long as short |
| SoDEX TRX-USD | +0.0047% | 1h | 0.3441 | +0.023% | $405 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0053% | 8h | 0.3440 | +0.004% | $9K | $385 | 20x | as long as short |
| BloFin TRX-USDT | +0.0073% | 8h | 0.3441 | +0.041% | $4.6M | $4.0M | 50x | as long as short |
| Phemex TRXUSDT | +0.0081% | 8h | 0.3442 | +0.049% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0088% | 8h | 0.3440 | +0.009% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3439 | −0.029% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | +0.035% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.064% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3440 | +0.012% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3440 | +0.006% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | +0.030% | $587K | $432K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3442 | +0.049% | $115K | $548K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.084% | $196K | $918K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.054% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0375% | 1h | 0.3444 | +0.126% | $832K | $411K | 25x | as long as short |
gTrade (Gains Network) TRX/USD
Aster TRXUSDT
Lighter TRX
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Kraken Futures PF_TRXUSD
SoDEX TRX-USD
Paradex TRX-USD-PERP
BloFin TRX-USDT
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL