Funding you earn now, next payment 16:00 UTC−0.0318%/8h= −34.9% APRnext payment −$3.18 per $10,000 · paid last 24h −0.067%
Price spread now: HTX against Bitget−0.035%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days−0.391%−$39 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.035%, 7d avg −0.024%
=The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TRXUSDT | 0.3474 | 0.0100 | pay 0.0100% / 8h | 5h 51m | $9.7M | $4.4M | 75x |
| Short | HTX TRX-USDT | 0.3473 | −0.0218 | pay 0.0218% / 8h | 5h 51m | $831K | $884K | 75x |
Bitget TRXUSDT
HTX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- −$66.86
- Price spread: −0.035% → −0.024%
- −$1.18
- Slippage, 4 orders
- −$12.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$104.96
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; HTX: live order book, 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 Bitget live order book, 5 min ago | 0.57 bp | 7.4 bp −$7 | 11.4 bp −$114 | 32.4 bp −$3,240 | doesn't fit |
| Sell HTX live order book, 60 min ago | 2.26 bp | 8.3 bp −$8 | 17.0 bp −$170 | doesn't fit | doesn't fit |
TRX on 32 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.0332% | 8h | 0.3474 | +0.017% | $962K | $930K | 75x | as long as short |
| HTX TRX-USDTshort | −0.0218% | 8h | 0.3473 | −0.035% | $831K | $884K | 75x | |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3473 | −0.018% | $5 | — | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.0067% | 1h | 0.3475 | +0.020% | $57K | $8K | 10x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3482 | +0.230% | $5K | $14K | 10x | as long as short |
| SoDEX TRX-USD | −0.0011% | 1h | 0.3475 | +0.032% | $405 | $5K | 5x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3477 | +0.088% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3478 | +0.113% | $137K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.947% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3474 | 0.000% | — | $6.5M | — | as long as short |
Aster TRXUSDT
Reya TRXRUSDPERP
Backpack TRX_USDC_PERP
Phoenix TRX
SoDEX TRX-USD
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDCShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0089% | 8h | 0.3474 | +0.012% | $9K | $52 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3475 | +0.035% | $481K | $656K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3474 | +0.017% | $14K | $71K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3479 | +0.143% | $14.3M | $2.7M | 10x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3475 | +0.032% | $106.7M | $63.9M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3474 | +0.003% | $53.3M | $13.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3474 | +0.014% | $15.4M | $11.5M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3474 | +0.017% | $9.5M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3475 | +0.040% | $18.9M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3475 | +0.035% | $8.5M | $3.4M | 75x | as long as short |
| Bitget TRXUSDTlong | +0.0100% | 8h | 0.3474 | long leg | $9.7M | $4.4M | 75x | |
| Variational Omni TRX | +0.0100% | 8h | 0.3478 | +0.107% | $576K | $28K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3480 | +0.169% | $593K | $502K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3479 | +0.153% | $117K | $620K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3473 | −0.012% | $197K | $1.3M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3475 | +0.043% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3473 | −0.028% | $211K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3473 | −0.033% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3477 | +0.075% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0269% | 1h | 0.3475 | +0.039% | $2.4M | $1.8M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0389% | 1h | 0.3479 | +0.141% | $804K | $724K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0408% / S −0.0492% | 1h | 0.3476 | +0.062% | $20K | — | 100x | as long as short |
Paradex TRX-USD-PERP
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]