Funding you earn now, next payment 00:00 UTC−0.0092%/8hnext payment −$0.92 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Gate0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now 0.000%, 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: −$3 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 | 0.3441 | 0.0080 | pay 0.0080% / 8h | 4h 05m | $9.7M | $2.5M | 75x |
| Short | MEXC TRX_USDT | 0.3441 | −0.0012 | pay 0.0012% / 8h | 4h 05m | $17.1M | $1.6M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$19.32
- Price spread: 0.000% → +0.003%
- −$0.27
- Slippage, 4 orders
- −$9.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$48.41
- Costs to cover
- 0.288%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 2 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 | 1.02 bp | 12.4 bp −$12 | 25.2 bp −$252 | 31.2 bp −$3,116 | 57.5 bp −$28.8K |
| Sell MEXC live order book, 2 min ago | 0.14 bp | 2.1 bp −$2 | 2.4 bp −$24 | 18.2 bp −$1,820 | 37.0 bp −$18.5K |
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 | −0.0199% | 1h | 0.3441 | +0.003% | $60K | $5K | 10x | as long as short |
| BingX TRX-USDC | −0.0146% | 8h | 0.3440 | −0.017% | — | $6.5M | — | as long as short |
| Bybit TRXUSDT | −0.0145% | 8h | 0.3440 | −0.029% | $54.7M | $7.7M | 75x | as long as short |
| Injective TRX/USDC PERP | −0.0135% | 1h | 0.3438 | −0.087% | $1K | $79K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3440 | −0.022% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0093% | 1h | 0.3443 | +0.044% | $5K | $13K | 10x | as long as short |
| Variational Omni TRX | −0.0084% | 8h | 0.3439 | −0.044% | $564K | $42K | — | as long as short |
| Aster TRXUSDT | −0.0076% | 8h | 0.3441 | −0.006% | $952K | $617K | 75x | as long as short |
| SoDEX TRX-USD | −0.0068% | 1h | 0.3441 | −0.009% | $402 | $5K | 5x | as long as short |
| Kraken Futures PF_TRXUSD | −0.0045% | 1h | 0.3443 | +0.062% | $1.8M | $947K | 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 | −0.0032% | 8h | 0.3440 | −0.031% | $828K | $662K | 75x | as long as short |
| Extended TRX-USD | −0.0016% | 1h | 0.3440 | −0.022% | $195K | $1.1M | 25x | as long as short |
| Binance TRXUSDT | −0.0012% | 8h | 0.3441 | −0.009% | $99.3M | $50.4M | 75x | as long as short |
| MEXC TRX_USDTshort | −0.0012% | 8h | 0.3441 | 0.000% | $17.1M | $1.6M | 200x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.051% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0007% | 8h | 0.3440 | −0.029% | $15.6M | $8.7M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0015% | 8h | 0.3441 | +0.002% | $9K | $384 | 20x | as long as short |
| Lighter TRX | +0.0016% | 1h | 0.3440 | −0.032% | $486K | $624K | 10x | as long as short |
| Bitget TRXUSDT | +0.0056% | 8h | 0.3440 | −0.032% | $9.4M | $2.0M | 75x | as long as short |
| Phemex TRXUSDT | +0.0063% | 8h | 0.3441 | +0.003% | $3.7M | $1.5M | 50x | as long as short |
| Gate TRX_USDTlong | +0.0080% | 8h | 0.3441 | long leg | $9.7M | $2.5M | 75x | |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.044% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0084% | 8h | 0.3441 | +0.003% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.067% | $13.3M | $2.2M | 10x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3440 | −0.023% | $8.6M | $3.6M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.006% | $587K | $444K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3440 | −0.038% | $115K | $535K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.060% | $196K | $907K | 30x | as long as short |
| BloFin TRX-USDT | +0.0107% | 8h | 0.3441 | +0.003% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0196% | 1h | 0.3443 | +0.051% | $183K | $6K | 10x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0337% / S −0.0340% | 1h | 0.3442 | +0.043% | $18K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0389% | 1h | 0.3445 | +0.119% | $827K | $378K | 25x | as long as short |
Gate TRX_USDT
MEXC TRX_USDT
Backpack TRX_USDC_PERP
BingX TRX-USDC
Bybit TRXUSDT
Injective TRX/USDC PERP
Phoenix TRX
Variational Omni TRX
Aster TRXUSDT
SoDEX TRX-USD
Kraken Futures PF_TRXUSD
HTX TRX-USDT
Extended TRX-USD
Binance TRXUSDT
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Lighter TRX
Bitget TRXUSDT
Phemex TRXUSDT
Hyperliquid TRX
KuCoin TRXUSDTM
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL