Funding you earn now, next payment 20:00 UTC+0.0052%/8hpaid last 24h +0.028%
Price spread now: Bitget against gTrade (Gains Network)−0.078%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$2862.863% of the position
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 3 days (all we have)+0.040%+$4 · spread now −0.078%, 7d avg −0.040%
=Funding pays, the price is against you. Bitget is 0.038% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.040%). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3443 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 6m 48s | $121K | — | 150x |
| Short | Bitget TRXUSDT | 0.3440 | 0.0055 | get 0.0055% / 8h | 4h 06m | $9.4M | $2.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against gTrade (Gains Network). 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
- $10.93
- Price spread: −0.078% → −0.040%
- −$3.8
- Slippage, 4 orders
- −$264.29
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$279.17
- Costs to cover
- 2.863%
- Break-even
- 185.8 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 26 min ago; Bitget: 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 gTrade (Gains Network) virtual book (oracle venue), 26 min ago | 130.03 bp | 135.0 bp −$135 | 224.8 bp −$2,248 | 2109.1 bp −$210.9K | 10777.2 bp −$5.39M |
| Sell Bitget live order book, 1 min ago | 0.14 bp | 7.8 bp −$8 | 11.9 bp −$119 | 25.6 bp −$2,559 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack TRX_USDC_PERP | −0.0201% | 1h | 0.3441 | −0.061% | $60K | $5K | 10x | as long as short |
| Bybit TRXUSDT | −0.0146% | 8h | 0.3440 | −0.090% | $54.7M | $7.7M | 75x | as long as short |
| BingX TRX-USDC | −0.0146% | 8h | 0.3441 | −0.069% | — | $6.5M | — | as long as short |
| Injective TRX/USDC PERP | −0.0135% | 1h | 0.3438 | −0.148% | $1K | $79K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3441 | −0.068% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0093% | 1h | 0.3443 | −0.017% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0084% | 8h | 0.3439 | −0.105% | $564K | $42K | — | as long as short |
| Aster TRXUSDT | −0.0076% | 8h | 0.3441 | −0.067% | $952K | $617K | 75x | as long as short |
| SoDEX TRX-USD | −0.0071% | 1h | 0.3441 | −0.058% | $405 | $5K | 5x | as long as short |
| Kraken Futures PF_TRXUSD | −0.0045% | 1h | 0.3443 | +0.008% | $1.8M | $946K | 25x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.0033% | 8h | 0.3440 | −0.099% | $828K | $662K | 75x | as long as short |
| Extended TRX-USD | −0.0016% | 1h | 0.3441 | −0.074% | $195K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | −0.0013% | 8h | 0.3441 | −0.055% | $17.1M | $1.6M | 200x | as long as short |
| Binance TRXUSDT | −0.0013% | 8h | 0.3441 | −0.058% | $99.3M | $50.4M | 75x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3443 | long leg | $121K | — | 150x | |
| OKX TRX-USDT-SWAP | +0.0007% | 8h | 0.3441 | −0.061% | $15.6M | $8.7M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0013% | 8h | 0.3441 | −0.066% | $8K | $334 | 20x | as long as short |
| Lighter TRX | +0.0016% | 1h | 0.3441 | −0.064% | $486K | $623K | 10x | as long as short |
| Bitget TRXUSDTshort | +0.0055% | 8h | 0.3440 | −0.078% | $9.4M | $2.0M | 75x | |
| Phemex TRXUSDT | +0.0060% | 8h | 0.3441 | −0.055% | $3.7M | $1.5M | 50x | as long as short |
| Gate TRX_USDT | +0.0079% | 8h | 0.3441 | −0.067% | $9.7M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3440 | −0.094% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0084% | 8h | 0.3441 | −0.058% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3444 | +0.015% | $13.3M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3441 | −0.072% | $8.6M | $3.6M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.067% | $587K | $444K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3440 | −0.098% | $115K | $535K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.005% | $196K | $907K | 30x | as long as short |
| BloFin TRX-USDT | +0.0107% | 8h | 0.3441 | −0.058% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0204% | 1h | 0.3443 | −0.009% | $183K | $6K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0337% / S −0.0340% | 1h | 0.3443 | −0.017% | $18K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0360% | 1h | 0.3445 | +0.059% | $827K | $378K | 25x | as long as short |
gTrade (Gains Network) TRX/USD
Bitget TRXUSDT
Backpack TRX_USDC_PERP
Bybit TRXUSDT
BingX TRX-USDC
Injective TRX/USDC PERP
Phoenix TRX
Variational Omni TRX
Aster TRXUSDT
SoDEX TRX-USD
Kraken Futures PF_TRXUSD
HTX TRX-USDT
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Lighter TRX
Phemex TRXUSDT
Gate TRX_USDT
Hyperliquid TRX
KuCoin TRXUSDTM
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL