Funding you earn now, next payment 11:00 UTC−0.0125%/8h= −13.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.024%
Price spread now: SoDEX against ApeX Omni−0.035%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.035% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TRXUSDT | 0.3473 | 0.0100 | pay 0.0013% / 1h | 30m 49s | $116K | $617K | 50x |
| Short | SoDEX TRX-USD | 0.3471 | −0.0025 | pay 0.0003% / 1h | 30m 49s | $405 | $5K | 5x |
ApeX Omni TRXUSDT
SoDEX TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$26.2
- Price spread: −0.035% → 0.000%
- −$3.46
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$47.66
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 15 min ago; SoDEX: 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, 15 min ago | 4.61 bp | 12.8 bp −$13 | 137.8 bp −$1,378 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.0366% | 8h | 0.3470 | −0.063% | $964K | $959K | 75x | as long as short |
| HTX TRX-USDT | −0.0185% | 8h | 0.3470 | −0.070% | $831K | $886K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3469 | −0.089% | $5 | — | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.0061% | 1h | 0.3471 | −0.043% | $57K | $8K | 10x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3472 | −0.006% | $5K | $14K | 10x | as long as short |
| SoDEX TRX-USDshort | −0.0025% | 1h | 0.3471 | −0.035% | $405 | $5K | 5x | |
| dYdX TRX-USD | 0.0000% | 1h | 0.3472 | −0.016% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3472 | −0.008% | $137K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.907% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDT | +0.0059% | 8h | 0.3471 | −0.043% | — | $32.5M | — | as long as short |
Aster TRXUSDT
HTX TRX-USDT
Reya TRXRUSDPERP
Backpack TRX_USDC_PERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0076% | 8h | 0.3471 | −0.052% | $9K | $52 | 20x | as long as short |
| Bitget TRXUSDT | +0.0079% | 8h | 0.3470 | −0.066% | $9.7M | $4.4M | 75x | as long as short |
| Bybit TRXUSDT | +0.0095% | 8h | 0.3470 | −0.072% | $53.2M | $13.4M | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3472 | −0.029% | $481K | $656K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3471 | −0.055% | $14K | $71K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3475 | +0.078% | $14.3M | $2.7M | 10x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3472 | −0.026% | $106.1M | $64.9M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3471 | −0.055% | $15.3M | $11.7M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3471 | −0.058% | $9.5M | $3.4M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3472 | −0.026% | $18.5M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3471 | −0.043% | $8.5M | $3.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3472 | −0.025% | $574K | $41K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3470 | −0.058% | $592K | $511K | 20x | as long as short |
| ApeX Omni TRXUSDTlong | +0.0100% | 1h | 0.3473 | long leg | $116K | $617K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3470 | −0.075% | $197K | $1.4M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3472 | −0.020% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3469 | −0.097% | $211K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3469 | −0.094% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3471 | −0.032% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0269% | 1h | 0.3472 | −0.024% | $2.3M | $1.8M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0317% | 1h | 0.3475 | +0.061% | $802K | $689K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0409% / S −0.0492% | 1h | 0.3472 | −0.003% | $20K | — | 100x | as long as short |
Paradex TRX-USD-PERP
Bitget TRXUSDT
Bybit TRXUSDT
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
Binance TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Variational Omni TRX
edgeX TRXUSDC
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]