Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.005%
Price spread now: Extended against Gate−0.031%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days−0.125%−$12 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.031%, 7d avg −0.039%
=Together, before fees−0.137%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRX_USDT | 0.3447 | 0.0100 | pay 0.0100% / 8h | 7h 56m | $9.6M | $2.4M | 75x |
| Short | Extended TRX-USD | 0.3446 | 0.0048 | get 0.0006% / 1h | 56m 58s | $196K | $1.1M | 25x |
Gate TRX_USDT
Extended TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$10.92
- Price spread: −0.031% → −0.039%
- $0.75
- Slippage, 4 orders
- −$10.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$40.75
- Costs to cover
- 0.306%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 1 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, 2 min ago | 0.73 bp | 11.2 bp −$11 | 21.9 bp −$219 | 31.8 bp −$3,180 | 58.3 bp −$29.1K |
| Sell Extended live order book, 1 min ago | 0.14 bp | 3.5 bp −$4 | 9.9 bp −$99 | doesn't fit | 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 | 0.3445 | −0.045% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0089% | 8h | 0.3446 | −0.017% | $8.7M | $3.6M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3446 | −0.015% | $5K | $14K | 10x | as long as short |
| Variational Omni TRX | −0.0011% | 8h | 0.3444 | −0.080% | $563K | $36K | — | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3447 | +0.003% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3447 | +0.002% | $121K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.168% | $1K | $163K | 12x | as long as short |
| OKX TRX-USDT-SWAP | +0.0039% | 8h | 0.3446 | −0.015% | $15.6M | $8.9M | 50x | as long as short |
| MEXC TRX_USDT | +0.0044% | 8h | 0.3447 | −0.006% | $18.3M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0044% | 8h | 0.3447 | +0.009% | $99.7M | $48.4M | 75x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
Variational Omni TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Binance TRXUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended TRX-USDshort | +0.0048% | 1h | 0.3446 | −0.031% | $196K | $1.1M | 25x | |
| Backpack TRX_USDC_PERP | +0.0060% | 1h | 0.3446 | −0.023% | $58K | $4K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0078% | 8h | 0.3445 | −0.045% | $9K | $385 | 20x | as long as short |
| Lighter TRX | +0.0080% | 1h | 0.3446 | −0.023% | $482K | $628K | 10x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3445 | −0.061% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3446 | −0.012% | $14K | $107K | 20x | as long as short |
| HTX TRX-USDT | +0.0091% | 8h | 0.3447 | −0.009% | $828K | $733K | 75x | as long as short |
| Aster TRXUSDT | +0.0094% | 8h | 0.3447 | +0.011% | $956K | $660K | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3448 | +0.041% | $13.2M | $2.2M | 10x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3446 | −0.015% | $54.7M | $8.0M | 75x | as long as short |
| Gate TRX_USDTlong | +0.0100% | 8h | 0.3447 | long leg | $9.6M | $2.4M | 75x | |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3446 | −0.012% | $9.4M | $2.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3447 | −0.003% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3445 | −0.041% | $589K | $436K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3446 | −0.035% | $115K | $572K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3446 | −0.016% | $196K | $938K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3447 | −0.003% | $401 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3446 | −0.026% | $3.8M | $1.6M | 50x | as long as short |
| BloFin TRX-USDT | +0.0164% | 8h | 0.3447 | −0.003% | $4.6M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0173% | 1h | 0.3449 | +0.072% | $2.1M | $1.2M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3446 | −0.024% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0562% | 1h | 0.3450 | +0.101% | $833K | $417K | 25x | as long as short |
Backpack TRX_USDC_PERP
Paradex TRX-USD-PERP
Lighter TRX
Aevo TRX-PERP
Orderly PERP_TRX_USDC
HTX TRX-USDT
Aster TRXUSDT
Hyperliquid TRX
Bybit TRXUSDT
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL