Settings8H · net · $10k
Funding arb · Price arb /

TRX

all TRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Bitget+0.037%55s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2862.860% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.064%−$6 on $10k
Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.037%, 7d avg +0.040%
Together, before fees−0.067%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRXUSDT0.34510.0100pay 0.0100% / 8h7h 35m$9.4M$2.1M75x
ShortgTrade (Gains Network) TRX/USD0.3452L +0.0003% / S −0.0007%get 0.0001% / 1h35m 27s$122K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$19.48
Price spread: +0.037% → +0.040%
−$0.39
Slippage, 4 orders
−$264.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$305.9
Costs to cover
2.860%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago0.29 bp9.0 bp −$912.6 bp −$12624.7 bp −$2,468doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 39 min ago130.02 bp135.0 bp −$135205.2 bp −$2,0522197.0 bp −$219.7Kdoesn't fit

TRX on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya TRXRUSDPERP−0.0133%1h0.34510.000%$520xas long as short
KuCoin TRXUSDTM−0.0090%8h0.3450−0.014%$8.7M$3.5M75xas long as short
Phoenix TRX−0.0046%1h0.3452+0.041%$5K$14K10xas long as short
dYdX TRX-USD0.0000%1h0.3450−0.012%$181K$10K10xas long as short
gTrade (Gains Network) TRX/USDshortL +0.0003% / S −0.0007%1h0.3452+0.037%$122K150x
Variational Omni TRX+0.0023%8h0.3451+0.005%$564K$36Kas long as short
Injective TRX/USDC PERP+0.0033%1h0.3441−0.284%$1K$163K12xas long as short
OKX TRX-USDT-SWAP+0.0059%8h0.3452+0.043%$15.6M$8.1M50xas long as short
MEXC TRX_USDT+0.0061%8h0.3451+0.017%$18.3M$1.9M200xas long as short
Binance TRXUSDT+0.0063%8h0.3451+0.015%$100.1M$46.9M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended TRX-USD+0.0064%1h0.3451−0.006%$194K$1.4M25xas long as short
Backpack TRX_USDC_PERP+0.0066%1h0.3450−0.012%$58K$4K10xas long as short
HTX TRX-USDT+0.0079%8h0.3449−0.052%$828K$736K75xas long as short
Paradex TRX-USD-PERP+0.0086%8h0.3451+0.010%$9K$38520xas long as short
Orderly PERP_TRX_USDC+0.0091%8h0.3451−0.003%$14K$107K20xas long as short
Lighter TRX+0.0096%1h0.3451−0.003%$483K$630K10xas long as short
Aevo TRX-PERP+0.0096%1h0.3449−0.049%$33K3xas long as short
Hyperliquid TRX+0.0100%1h0.3453+0.061%$13.2M$2.2M10xas long as short
Aster TRXUSDT+0.0100%8h0.3450−0.011%$957K$658K75xas long as short
Bybit TRXUSDT+0.0100%8h0.3452+0.035%$54.8M$7.9M75xas long as short
Gate TRX_USDT+0.0100%8h0.3452+0.029%$9.7M$2.4M75xas long as short
Bitget TRXUSDTlong+0.0100%8h0.3451long leg$9.4M$2.1M75x
BingX TRX-USDC+0.0100%8h0.3451+0.017%$6.5Mas long as short
edgeX TRXUSDC+0.0100%4h0.3450−0.022%$589K$434K20xas long as short
ApeX Omni TRXUSDT+0.0100%1h0.3450−0.014%$115K$571K50xas long as short
SunX TRX-USDT+0.0100%8h0.3450−0.035%$196K$931K30xas long as short
SoDEX TRX-USD+0.0100%1h0.3451+0.012%$403$5K5xas long as short
Phemex TRXUSDT+0.0100%8h0.3451+0.012%$3.8M$1.6M50xas long as short
Kraken Futures PF_TRXUSD+0.0172%1h0.3454+0.087%$2.3M$1.5M25xas long as short
BloFin TRX-USDT+0.0181%8h0.34510.000%$4.7M$4.0M50xas long as short
GMX TRX/USD [ETH-USDC]L +0.0367% / S −0.0395%1h0.3451+0.009%$20K100xas long as short
Deribit TRX_USDC-PERPETUAL+0.0581%1h0.3455+0.116%$834K$414K25xas long as short