Funding you earn now, next payment 23:00 UTC−0.0133%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h −0.095%
Price spread now: Reya against dYdX−0.078%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Reya is 0.078% cheaper against dYdX than usual: you would sell low and buy high (−$8 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 | dYdX TRX-USD | 0.3443 | 0 | get 0.0000% / 1h | 32m 54s | $181K | $10K | 10x |
| Short | Reya TRXRUSDPERP | 0.3440 | −0.0133 | pay 0.0017% / 1h | 32m 54s | $5 | — | 20x |
dYdX TRX-USD
Reya TRXRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against dYdX. 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
- −$27.99
- Price spread: −0.078% → 0.000%
- −$7.83
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$51.82
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 51 min ago; Reya: 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 dYdX live order book, 51 min ago | 63.38 bp | 68.4 bp −$68 | 68.4 bp −$684 | 101.4 bp −$10.1K | 497.3 bp −$248.7K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 TRXRUSDPERPshort | −0.0133% | 1h | 0.3440 | −0.078% | $5 | — | 20x | |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | −0.050% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0082% | 8h | 0.3440 | −0.076% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0072% | 8h | 0.3440 | −0.079% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | −0.027% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0044% | 1h | 0.3441 | −0.065% | $58K | $4K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0040% | 8h | 0.3439 | −0.097% | $8.7M | $3.7M | 75x | as long as short |
| HTX TRX-USDT | −0.0021% | 8h | 0.3440 | −0.086% | $826K | $716K | 75x | as long as short |
| Aster TRXUSDT | −0.0008% | 8h | 0.3440 | −0.066% | $958K | $658K | 75x | as long as short |
| SoDEX TRX-USD | −0.0007% | 1h | 0.3441 | −0.062% | $405 | $5K | 5x | as long as short |
Injective TRX/USDC PERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
Backpack TRX_USDC_PERP
KuCoin TRXUSDTM
HTX TRX-USDT
Aster TRXUSDT
SoDEX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | −0.0001% | 8h | 0.3440 | −0.068% | $15.6M | $8.8M | 50x | as long as short |
| dYdX TRX-USDlong | 0.0000% | 1h | 0.3443 | long leg | $181K | $10K | 10x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | −0.031% | $121K | — | 150x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3440 | −0.070% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0008% | 1h | 0.3440 | −0.082% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0010% | 8h | 0.3440 | −0.068% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0010% | 8h | 0.3441 | −0.064% | $99.3M | $48.3M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3442 | −0.013% | $1.9M | $1.0M | 25x | as long as short |
| BloFin TRX-USDT | +0.0041% | 8h | 0.3439 | −0.094% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0047% | 8h | 0.3440 | −0.075% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0068% | 8h | 0.3441 | −0.059% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3440 | −0.073% | $33K | — | 3x | as long as short |
| Gate TRX_USDT | +0.0089% | 8h | 0.3440 | −0.088% | $9.6M | $2.5M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | −0.065% | $14K | $107K | 20x | as long as short |
| BingX TRX-USDT | +0.0097% | 8h | 0.3440 | −0.076% | — | $40.0M | — | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | −0.009% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3441 | −0.056% | $9.4M | $2.0M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3440 | −0.068% | $587K | $432K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | −0.062% | $115K | $546K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3442 | −0.017% | $196K | $917K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0322% | 1h | 0.3444 | +0.045% | $832K | $411K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | −0.023% | $20K | — | 100x | as long as short |
OKX TRX-USDT-SWAP
gTrade (Gains Network) TRX/USD
Lighter TRX
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
Gate TRX_USDT
Orderly PERP_TRX_USDC
BingX TRX-USDT
Hyperliquid TRX
Bitget TRXUSDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]