Funding you earn now, next payment 12:00 UTC−0.0686%/8h= −75.1% APRnext payment −$0.86 per $10,000 · paid last 24h −0.017%
Price spread now: SoDEX against dYdX−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 −$21 a day on $10k at the current rate, and SoDEX is 0.035% cheaper against dYdX 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 | dYdX TRX-USD | 0.3461 | 0.0598 | pay 0.0075% / 1h | 11m 12s | $181K | $10K | 10x |
| Short | SoDEX TRX-USD | 0.3460 | −0.0088 | pay 0.0011% / 1h | 11m 12s | $293 | $5K | 5x |
dYdX TRX-USD
SoDEX TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$144.06
- Price spread: −0.035% → 0.000%
- −$3.47
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$165.53
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 31 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 dYdX live order book, 31 min ago | 41.52 bp | 55.7 bp −$56 | 65.8 bp −$658 | 67.4 bp −$6,742 | 340.2 bp −$170.1K |
| 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 | −0.0343% | 8h | 0.3459 | −0.044% | $978K | $1.0M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | −0.0302% | 1h | 0.3460 | −0.016% | $2.3M | $1.8M | 25x | as long as short |
| HTX TRX-USDT | −0.0165% | 8h | 0.3459 | −0.049% | $825K | $904K | 75x | as long as short |
| Bybit TRXUSDT | −0.0162% | 8h | 0.3458 | −0.081% | $53.5M | $14.1M | 75x | as long as short |
| BingX TRX-USDC | −0.0139% | 8h | 0.3459 | −0.061% | — | $6.5M | — | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3459 | −0.063% | $5 | — | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.0127% | 1h | 0.3459 | −0.046% | $57K | $8K | 10x | as long as short |
| SoDEX TRX-USDshort | −0.0088% | 1h | 0.3460 | −0.035% | $293 | $5K | 5x | |
| Phoenix TRX | −0.0069% | 1h | 0.3458 | −0.069% | $5K | $14K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3461 | +0.001% | $136K | — | 150x | as long as short |
Aster TRXUSDT
Kraken Futures PF_TRXUSD
HTX TRX-USDT
Bybit TRXUSDT
BingX TRX-USDC
Reya TRXRUSDPERP
Backpack TRX_USDC_PERP
Phoenix TRX
gTrade (Gains Network) TRX/USDShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TRXUSDT | +0.0011% | 8h | 0.3460 | −0.029% | $9.7M | $4.6M | 75x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.572% | $1K | $163K | 12x | as long as short |
| Gate TRX_USDT | +0.0043% | 8h | 0.3459 | −0.043% | $9.4M | $3.6M | 75x | as long as short |
| Variational Omni TRX | +0.0050% | 8h | 0.3458 | −0.095% | $568K | $49K | — | as long as short |
| OKX TRX-USDT-SWAP | +0.0060% | 8h | 0.3460 | −0.035% | $15.2M | $12.2M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0062% | 8h | 0.3459 | −0.061% | $9K | $52 | 20x | as long as short |
| Extended TRX-USD | +0.0088% | 1h | 0.3458 | −0.071% | $215K | $1.4M | 25x | as long as short |
| MEXC TRX_USDT | +0.0088% | 8h | 0.3460 | −0.026% | $18.5M | $2.5M | 200x | as long as short |
| Binance TRXUSDT | +0.0089% | 8h | 0.3460 | −0.025% | $104.2M | $67.0M | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3460 | −0.026% | $483K | $671K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0098% | 8h | 0.3459 | −0.038% | $14K | $72K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3464 | +0.081% | $14.2M | $2.7M | 10x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3461 | −0.009% | $8.2M | $3.7M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3459 | −0.059% | $590K | $519K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3458 | −0.081% | $116K | $627K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3458 | −0.080% | $196K | $1.4M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3460 | −0.026% | $3.9M | $2.0M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3458 | −0.092% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0209% | 8h | 0.3460 | −0.026% | $4.7M | $4.0M | 50x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0348% | 1h | 0.3463 | +0.062% | $781K | $732K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0408% / S −0.0492% | 1h | 0.3460 | −0.011% | $20K | — | 100x | as long as short |
| dYdX TRX-USDlong | +0.0598% | 1h | 0.3461 | long leg | $181K | $10K | 10x |
Bitget TRXUSDT
Injective TRX/USDC PERP
Gate TRX_USDT
Variational Omni TRX
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
KuCoin TRXUSDTM
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Aevo TRX-PERP
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]