Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.026%
Price spread now: Bitget against dYdX−0.035%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1521.522% of the position
Funding, last 7 days−0.428%−$43 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.035%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.428%, 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 | dYdX TRX-USD | 0.3442 | 0 | get 0.0000% / 1h | 26m 34s | $181K | $10K | 10x |
| Short | Bitget TRXUSDT | 0.3441 | 0.0100 | get 0.0100% / 8h | 1h 26m | $9.4M | $2.0M | 75x |
dYdX TRX-USD
Bitget TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against dYdX. 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
- $21
- Price spread: −0.035% → −0.043%
- $0.78
- Slippage, 4 orders
- −$130.2
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$130.42
- Costs to cover
- 1.522%
- Break-even
- 50.5 days
Slippage from dYdX: live order book, 57 min ago; Bitget: live order book, 2 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 dYdX live order book, 57 min ago | 63.38 bp | 68.4 bp −$68 | 68.4 bp −$684 | 101.4 bp −$10.1K | 497.3 bp −$248.7K |
| Sell Bitget live order book, 2 min ago | 0.14 bp | 8.4 bp −$8 | 12.4 bp −$124 | 32.1 bp −$3,208 | 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 | −0.070% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | −0.041% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0082% | 8h | 0.3439 | −0.097% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | −0.024% | $5K | $13K | 10x | as long as short |
| Bybit TRXUSDT | −0.0064% | 8h | 0.3441 | −0.041% | $54.7M | $8.2M | 75x | as long as short |
| KuCoin TRXUSDTM | −0.0050% | 8h | 0.3441 | −0.050% | $8.7M | $3.6M | 75x | as long as short |
| HTX TRX-USDT | −0.0021% | 8h | 0.3438 | −0.142% | $825K | $717K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0013% | 1h | 0.3441 | −0.035% | $58K | $4K | 10x | as long as short |
| Aster TRXUSDT | −0.0001% | 8h | 0.3442 | −0.025% | $957K | $658K | 75x | as long as short |
| dYdX TRX-USDlong | 0.0000% | 1h | 0.3442 | long leg | $181K | $10K | 10x |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Phoenix TRX
Bybit TRXUSDT
KuCoin TRXUSDTM
HTX TRX-USDT
Backpack TRX_USDC_PERP
Aster TRXUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | 0.0000% | 8h | 0.3441 | −0.041% | $15.6M | $8.8M | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3441 | −0.028% | $121K | — | 150x | as long as short |
| SoDEX TRX-USD | +0.0006% | 1h | 0.3441 | −0.053% | $405 | $5K | 5x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3441 | −0.041% | $482K | $637K | 10x | as long as short |
| MEXC TRX_USDT | +0.0012% | 8h | 0.3442 | −0.027% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0014% | 8h | 0.3441 | −0.029% | $99.3M | $48.3M | 75x | as long as short |
| Extended TRX-USD | +0.0016% | 1h | 0.3441 | −0.051% | $196K | $1.1M | 25x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3442 | −0.001% | $1.9M | $1.0M | 25x | as long as short |
| BloFin TRX-USDT | +0.0049% | 8h | 0.3440 | −0.067% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0050% | 8h | 0.3441 | −0.045% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0071% | 8h | 0.3441 | −0.038% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3439 | −0.100% | $33K | — | 3x | as long as short |
| Gate TRX_USDT | +0.0089% | 8h | 0.3441 | −0.038% | $9.6M | $2.5M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3440 | −0.067% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.011% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDTshort | +0.0100% | 8h | 0.3441 | −0.035% | $9.4M | $2.0M | 75x | |
| BingX TRX-USDT | +0.0100% | 8h | 0.3441 | −0.035% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3440 | −0.078% | $587K | $430K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | −0.029% | $115K | $548K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3442 | −0.021% | $196K | $918K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3441 | −0.035% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0430% | 1h | 0.3444 | +0.051% | $832K | $411K | 25x | as long as short |
OKX TRX-USDT-SWAP
gTrade (Gains Network) TRX/USD
SoDEX TRX-USD
Lighter TRX
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
Gate TRX_USDT
Orderly PERP_TRX_USDC
Hyperliquid TRX
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL