Funding you earn now, next payment 22:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.004%
Price spread now: Paradex against ApeX Omni+0.047%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Paradex is 0.047% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TRXUSDT | 0.3439 | 0.0100 | pay 0.0013% / 1h | 26m 32s | $115K | $541K | 50x |
| Short | Paradex TRX-USD-PERP | 0.3441 | 0.0048 | get 0.0048% / 8h | 2h 26m | $9K | $385 | 20x |
ApeX Omni TRXUSDT
Paradex TRX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against ApeX Omni. 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
- −$10.96
- Price spread: +0.047% → 0.000%
- $4.74
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$20.22
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 61 min ago; Paradex: no order-book sample. 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 ApeX Omni live order book, 61 min ago | 4.65 bp | 11.7 bp −$12 | 123.0 bp −$1,230 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 0.3440 | +0.034% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0091% | 8h | 0.3440 | +0.023% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0086% | 8h | 0.3436 | −0.083% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3439 | −0.009% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0055% | 1h | 0.3439 | +0.009% | $58K | $5K | 10x | as long as short |
| Aster TRXUSDT | −0.0050% | 8h | 0.3440 | +0.023% | $951K | $638K | 75x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3439 | −0.006% | $1K | $100K | 12x | as long as short |
| HTX TRX-USDT | −0.0030% | 8h | 0.3439 | +0.002% | $825K | $709K | 75x | as long as short |
| Lighter TRX | −0.0008% | 1h | 0.3441 | +0.044% | $483K | $628K | 10x | as long as short |
| Binance TRXUSDT | −0.0002% | 8h | 0.3441 | +0.049% | $99.3M | $49.1M | 75x | as long as short |
Reya TRXRUSDPERP
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Backpack TRX_USDC_PERP
Aster TRXUSDT
Injective TRX/USDC PERP
HTX TRX-USDT
Lighter TRX
Binance TRXUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TRX_USDT | −0.0002% | 8h | 0.3441 | +0.049% | $17.2M | $1.6M | 200x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3440 | +0.034% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.067% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0008% | 8h | 0.3441 | +0.038% | $15.6M | $8.8M | 50x | as long as short |
| SoDEX TRX-USD | +0.0009% | 1h | 0.3440 | +0.020% | $404 | $5K | 5x | as long as short |
| KuCoin TRXUSDTM | +0.0019% | 8h | 0.3439 | +0.003% | $8.7M | $3.6M | 75x | as long as short |
| Paradex TRX-USD-PERPshort | +0.0048% | 8h | 0.3441 | +0.047% | $9K | $385 | 20x | |
| BingX TRX-USDT | +0.0069% | 8h | 0.3441 | +0.038% | — | $40.0M | — | as long as short |
| Bitget TRXUSDT | +0.0070% | 8h | 0.3441 | +0.047% | $9.4M | $2.1M | 75x | as long as short |
| Phemex TRXUSDT | +0.0074% | 8h | 0.3439 | +0.006% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.004% | $33K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3442 | +0.074% | $1.9M | $977K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0089% | 8h | 0.3440 | +0.023% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.084% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3441 | +0.049% | $9.7M | $2.5M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3437 | −0.052% | $586K | $437K | 20x | as long as short |
| ApeX Omni TRXUSDTlong | +0.0100% | 1h | 0.3439 | long leg | $115K | $541K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.102% | $196K | $917K | 30x | as long as short |
| BloFin TRX-USDT | +0.0118% | 8h | 0.3439 | −0.006% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0171% | 1h | 0.3441 | +0.049% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0293% | 1h | 0.3444 | +0.141% | $828K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3441 | +0.051% | $20K | — | 100x | as long as short |
MEXC TRX_USDT
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
SoDEX TRX-USD
KuCoin TRXUSDTM
BingX TRX-USDT
Bitget TRXUSDT
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
Orderly PERP_TRX_USDC
Hyperliquid TRX
Gate TRX_USDT
edgeX TRXUSDC
SunX TRX-USDT
BloFin TRX-USDT
dYdX TRX-USD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]