Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: edgeX against Gate−0.209%82s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.358% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.209%, 7d avg −0.018%
=Together, before fees+0.236%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.191% cheaper against Gate than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.018%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRX_USDT | 0.3476 | 0.0100 | pay 0.0100% / 8h | 6h 22m | $9.7M | $2.7M | 75x |
| Short | edgeX TRXUSDC | 0.3468 | 0.0100 | get 0.0050% / 4h | 2h 22m | $592K | $448K | 20x |
Gate TRX_USDT
edgeX TRXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $0
- Price spread: −0.209% → −0.018%
- −$19.06
- Slippage, 4 orders
- −$11.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$54.87
- Costs to cover
- 0.358%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 47 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 Gate live order book, 1 min ago | 1.44 bp | 13.2 bp −$13 | 26.0 bp −$260 | 36.8 bp −$3,677 | 62.8 bp −$31.4K |
| Sell edgeX live order book, 47 min ago | 0.87 bp | 5.4 bp −$5 | 6.9 bp −$69 | doesn't fit | doesn't fit |
TRX on 31 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 | 0.3475 | −0.008% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3471 | −0.127% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3476 | +0.022% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3476 | +0.018% | $122K | — | 150x | as long as short |
| KuCoin TRXUSDTM | +0.0009% | 8h | 0.3477 | +0.035% | $8.7M | $3.5M | 75x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.996% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0065% | 1h | 0.3475 | −0.026% | $59K | $4K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0094% | 8h | 0.3476 | 0.000% | $14K | $122K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3476 | −0.003% | $485K | $663K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0097% | 8h | 0.3475 | −0.008% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
KuCoin TRXUSDTM
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
Orderly PERP_TRX_USDC
Lighter TRX
Paradex TRX-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3477 | +0.035% | $13.0M | $2.5M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3476 | +0.012% | $960K | $671K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3476 | −0.001% | $103.2M | $52.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3476 | +0.017% | $54.7M | $10.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3476 | +0.017% | $15.6M | $9.0M | 50x | as long as short |
| Gate TRX_USDTlong | +0.0100% | 8h | 0.3476 | long leg | $9.7M | $2.7M | 75x | |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3475 | −0.006% | $18.6M | $2.0M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3476 | +0.014% | $10.4M | $3.2M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3476 | +0.017% | — | $6.5M | — | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3471 | −0.134% | $566K | $36K | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3468 | −0.209% | $592K | $448K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3472 | −0.098% | $115K | $562K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3473 | −0.088% | $197K | $1.0M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3476 | −0.003% | $404 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3475 | −0.010% | $835K | $806K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3475 | −0.012% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3475 | −0.004% | $194K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3475 | −0.031% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3476 | +0.008% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0523% | 1h | 0.3477 | +0.045% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0573% | 1h | 0.3479 | +0.110% | $804K | $467K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
Variational Omni TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL