Funding you earn now, next payment 09:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against SunX+0.080%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3163.156% of the position
Funding, last 4 days (all we have)−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.080%, 7d avg +0.115%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.035% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.115%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TRX-USDT | 0.3480 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $198K | $1.4M | 30x |
| Short | gTrade (Gains Network) TRX/USD | 0.3483 | L +0.0003% / S −0.0007% | get 0.0001% / 1h | 39m 14s | $126K | — | 150x |
SunX TRX-USDT
gTrade (Gains Network) TRX/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against SunX. 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
- −$19.49
- Price spread: +0.080% → +0.115%
- −$3.46
- Slippage, 4 orders
- −$297.63
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$338.58
- Costs to cover
- 3.156%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 60 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 SunX live order book, 5 min ago | 18.17 bp | 23.4 bp −$23 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 60 min ago | 130.02 bp | 135.0 bp −$135 | 205.2 bp −$2,052 | 2197.0 bp −$219.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.0238% | 8h | 0.3481 | +0.016% | $834K | $957K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3481 | +0.028% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3483 | +0.066% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3483 | +0.086% | $183K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDshort | L +0.0003% / S −0.0007% | 1h | 0.3483 | +0.080% | $126K | — | 150x | |
| Kraken Futures PF_TRXUSD | +0.0020% | 1h | 0.3483 | +0.070% | $2.4M | $1.9M | 25x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.132% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0035% | 1h | 0.3481 | +0.028% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3483 | +0.063% | — | $6.5M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0094% | 8h | 0.3482 | +0.038% | $9K | $251 | 20x | as long as short |
HTX TRX-USDT
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
Kraken Futures PF_TRXUSD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
BingX TRX-USDC
Paradex TRX-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | +0.0096% | 1h | 0.3482 | +0.043% | $487K | $671K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3482 | +0.054% | $14K | $63K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3486 | +0.163% | $13.4M | $2.8M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3479 | −0.038% | $968K | $753K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3483 | +0.070% | $107.0M | $65.2M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3482 | +0.046% | $53.5M | $12.8M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3482 | +0.057% | $15.6M | $11.0M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3483 | +0.066% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3483 | +0.063% | $19.0M | $2.3M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3483 | +0.069% | $8.5M | $3.3M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3482 | +0.034% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3481 | +0.015% | $577K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3481 | +0.022% | $594K | $501K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3483 | +0.069% | $116K | $612K | 50x | as long as short |
| SunX TRX-USDTlong | +0.0100% | 8h | 0.3480 | long leg | $198K | $1.4M | 30x | |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3482 | +0.057% | $408 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3483 | +0.060% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3481 | +0.017% | $204K | $1.2M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3481 | +0.003% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3482 | +0.049% | $4.8M | $4.1M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3483 | +0.062% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0448% | 1h | 0.3486 | +0.155% | $842K | $721K | 25x | as long as short |
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL