Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.047%
Price spread now: HTX against Gate−0.036%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days−0.383%−$38 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now −0.036%, 7d avg −0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRX_USDT | 0.3486 | 0.0100 | pay 0.0100% / 8h | 5h 56m | $9.7M | $2.8M | 75x |
| Short | HTX TRX-USDT | 0.3484 | 0.0100 | get 0.0100% / 8h | 5h 56m | $840K | $818K | 75x |
Gate TRX_USDT
HTX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.036% → −0.035%
- −$0.07
- Slippage, 4 orders
- −$18.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$45.44
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; HTX: live order book, 7 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 | 0.86 bp | 12.4 bp −$12 | 27.6 bp −$276 | 37.7 bp −$3,773 | 63.5 bp −$31.8K |
| Sell HTX live order book, 7 min ago | 4.33 bp | 10.4 bp −$10 | 14.7 bp −$147 | 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 | 0.3485 | −0.019% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3486 | −0.006% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3485 | −0.011% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3486 | +0.004% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.282% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | +0.0061% | 8h | 0.3486 | +0.006% | $8.8M | $3.5M | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3485 | −0.017% | $486K | $662K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0097% | 8h | 0.3484 | −0.057% | $14K | $122K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0099% | 8h | 0.3485 | −0.017% | $9K | $251 | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3487 | +0.029% | $13.0M | $2.5M | 10x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Lighter TRX
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
Hyperliquid TRXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | +0.0100% | 8h | 0.3486 | −0.004% | $963K | $692K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3486 | −0.006% | $103.9M | $55.5M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3486 | +0.009% | $54.2M | $11.0M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3486 | +0.014% | $15.7M | $9.3M | 50x | as long as short |
| Gate TRX_USDTlong | +0.0100% | 8h | 0.3486 | long leg | $9.7M | $2.8M | 75x | |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3485 | −0.009% | $19.1M | $2.0M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3486 | +0.014% | $10.4M | $3.3M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3486 | 0.000% | — | $6.5M | — | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3484 | −0.052% | $59K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3478 | −0.224% | $567K | $36K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3477 | −0.248% | $593K | $466K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3477 | −0.238% | $116K | $561K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3480 | −0.169% | $198K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3484 | −0.043% | $408 | $5K | 5x | as long as short |
| HTX TRX-USDTshort | +0.0100% | 8h | 0.3484 | −0.036% | $840K | $818K | 75x | |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3485 | −0.011% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3485 | −0.007% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3483 | −0.090% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3485 | −0.006% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0584% | 1h | 0.3486 | +0.006% | $2.4M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0783% | 1h | 0.3488 | +0.064% | $828K | $488K | 25x | as long as short |
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
Backpack TRX_USDC_PERP
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL