Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.14 per $10,000 · paid last 24h −0.043%
Price spread now: KuCoin against Orderly+0.003%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 3 days (all we have)+0.148%+$15 · spread now +0.003%, 7d avg +0.003%
=The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.268%, 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 | Orderly PERP_TRX_USDC | 0.3443 | 0.0086 | pay 0.0086% / 8h | 3h 31m | $14K | $107K | 20x |
| Short | KuCoin TRXUSDTM | 0.3443 | 0.0100 | get 0.0100% / 8h | 3h 31m | $8.6M | $3.5M | 75x |
Orderly PERP_TRX_USDC
KuCoin TRXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Orderly. 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
- $3.02
- Price spread: +0.003% → +0.003%
- $0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$14.96
- Costs to cover
- 0.180%
- Break-even
- 41.7 days
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 0.29 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.3442 | −0.028% | $5 | — | 20x | as long as short |
| BingX TRX-USDT | −0.0113% | 8h | 0.3443 | −0.009% | — | $37.9M | — | as long as short |
| Bybit TRXUSDT | −0.0102% | 8h | 0.3442 | −0.029% | $54.7M | $7.6M | 75x | as long as short |
| Variational Omni TRX | −0.0081% | 8h | 0.3442 | −0.042% | $564K | $37K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3443 | +0.003% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.0051% | 8h | 0.3442 | −0.033% | $952K | $632K | 75x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3442 | −0.029% | $1K | $77K | 12x | as long as short |
| HTX TRX-USDT | −0.0028% | 8h | 0.3443 | −0.012% | $829K | $674K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0002% | 1h | 0.3443 | −0.006% | $59K | $5K | 10x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3442 | −0.034% | $196K | $1.1M | 25x | as long as short |
Reya TRXRUSDPERP
BingX TRX-USDT
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Aster TRXUSDT
Injective TRX/USDC PERP
HTX TRX-USDT
Backpack TRX_USDC_PERP
Extended TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TRX_USDT | 0.0000% | 8h | 0.3443 | −0.012% | $17.1M | $1.6M | 200x | as long as short |
| Binance TRXUSDT | +0.0001% | 8h | 0.3443 | −0.012% | $99.4M | $49.4M | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3444 | +0.036% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0005% | 8h | 0.3442 | −0.020% | $15.6M | $8.6M | 50x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3443 | −0.015% | $484K | $624K | 10x | as long as short |
| SoDEX TRX-USD | +0.0009% | 1h | 0.3443 | −0.012% | $402 | $5K | 5x | as long as short |
| dYdX TRX-USD | +0.0020% | 1h | 0.3445 | +0.053% | $183K | $6K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0038% | 8h | 0.3443 | −0.012% | $9K | $384 | 20x | as long as short |
| BloFin TRX-USDT | +0.0057% | 8h | 0.3441 | −0.046% | $4.6M | $4.0M | 50x | as long as short |
| Bitget TRXUSDT | +0.0068% | 8h | 0.3443 | −0.015% | $9.4M | $2.1M | 75x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3442 | −0.041% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDClong | +0.0086% | 8h | 0.3443 | long leg | $14K | $107K | 20x | |
| Gate TRX_USDT | +0.0088% | 8h | 0.3443 | −0.003% | $9.7M | $2.5M | 75x | as long as short |
| Phemex TRXUSDT | +0.0090% | 8h | 0.3443 | +0.006% | $3.7M | $1.5M | 50x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3445 | +0.055% | $13.3M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTMshort | +0.0100% | 8h | 0.3443 | +0.003% | $8.6M | $3.5M | 75x | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3442 | −0.018% | $587K | $443K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | −0.055% | $115K | $534K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.020% | $196K | $904K | 30x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0116% | 1h | 0.3445 | +0.050% | $1.8M | $967K | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0243% | 1h | 0.3447 | +0.103% | $829K | $409K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0334% / S −0.0340% | 1h | 0.3444 | +0.028% | $18K | — | 100x | as long as short |
MEXC TRX_USDT
Binance TRXUSDT
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
Lighter TRX
SoDEX TRX-USD
dYdX TRX-USD
Paradex TRX-USD-PERP
BloFin TRX-USDT
Bitget TRXUSDT
Aevo TRX-PERP
Gate TRX_USDT
Phemex TRXUSDT
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]