TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.054%

Price spread now: dYdX against gTrade (Gains Network)−0.041%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$401as in the Price arb table

costs, in and out, $10k−$3973.969% of the position

Long on gTrade (Gains Network)Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.174%+$17 on $10k

Price spread, last 3 days (all we have)+0.130%+$13 · spread now −0.041%, 7d avg +0.002%

Together, before fees+0.304%+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.043% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.002%). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRX/USD	0.3442	L +0.0003% / S −0.0007%	pay 0.0000% / 1h	24m 16s	$121K	—	150x
Short	dYdX TRX-USD	0.3441	0.0161	get 0.0020% / 1h	24m 16s	$181K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee dYdXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $33.23
Price spread: −0.041% → +0.002%: −$4.3
Slippage, 4 orders: −$376.88
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$367.94
Costs to cover: 3.969%
Break-even: 84.5 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 64 min ago; dYdX: live order book, 64 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 gTrade (Gains Network) virtual book (oracle venue), 64 min ago	130.00 bp	135.0 bp −$135	224.8 bp −$2,248	2109.1 bp −$210.9K	10777.2 bp −$5.39M
Sell dYdX live order book, 64 min ago	49.99 bp	71.9 bp −$72	119.4 bp −$1,194	224.5 bp −$22.4K	665.0 bp −$332.5K

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
Reya TRXRUSDPERP	−0.0133%	1h	0.3441	−0.052%	$5	—	20x	as long as short
Bybit TRXUSDT	−0.0091%	8h	0.3439	−0.096%	$54.7M	$8.2M	75x	as long as short
Variational Omni TRX	−0.0087%	8h	0.3439	−0.085%	$562K	$39K	—	as long as short
Phoenix TRX	−0.0070%	1h	0.3439	−0.099%	$5K	$13K	10x	as long as short
Backpack TRX_USDC_PERP	−0.0053%	1h	0.3441	−0.041%	$58K	$5K	10x	as long as short
Aster TRXUSDT	−0.0048%	8h	0.3441	−0.043%	$951K	$638K	75x	as long as short
Injective TRX/USDC PERP	−0.0048%	1h	0.3440	−0.067%	$1K	$129K	12x	as long as short
HTX TRX-USDT	−0.0029%	8h	0.3439	−0.100%	$826K	$709K	75x	as long as short
Binance TRXUSDT	−0.0002%	8h	0.3441	−0.041%	$99.3M	$49.0M	75x	as long as short
MEXC TRX_USDT	−0.0001%	8h	0.3441	−0.041%	$17.9M	$1.7M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRX	0.0000%	1h	0.3441	−0.053%	$483K	$628K	10x	as long as short
Extended TRX-USD	0.0000%	1h	0.3440	−0.059%	$196K	$1.1M	25x	as long as short
gTrade (Gains Network) TRX/USDlong	L +0.0003% / S −0.0007%	1h	0.3442	long leg	$121K	—	150x
OKX TRX-USDT-SWAP	+0.0007%	8h	0.3440	−0.056%	$15.6M	$8.8M	50x	as long as short
KuCoin TRXUSDTM	+0.0017%	8h	0.3440	−0.064%	$8.7M	$3.6M	75x	as long as short
SoDEX TRX-USD	+0.0020%	1h	0.3441	−0.041%	$403	$5K	5x	as long as short
Paradex TRX-USD-PERP	+0.0049%	8h	0.3441	−0.044%	$9K	$385	20x	as long as short
BingX TRX-USDT	+0.0069%	8h	0.3441	−0.050%	—	$40.0M	—	as long as short
Bitget TRXUSDT	+0.0071%	8h	0.3441	−0.033%	$9.4M	$2.1M	75x	as long as short
Phemex TRXUSDT	+0.0074%	8h	0.3441	−0.038%	$3.8M	$1.6M	50x	as long as short
Aevo TRX-PERP	+0.0080%	1h	0.3439	−0.088%	$33K	—	3x	as long as short
Kraken Futures PF_TRXUSD	+0.0087%	1h	0.3443	+0.021%	$1.9M	$977K	25x	as long as short
Orderly PERP_TRX_USDC	+0.0089%	8h	0.3441	−0.044%	$14K	$107K	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3443	+0.017%	$13.2M	$2.2M	10x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3441	−0.050%	$9.7M	$2.5M	75x	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3439	−0.094%	$587K	$436K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3440	−0.073%	$115K	$542K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3443	+0.028%	$196K	$917K	30x	as long as short
BloFin TRX-USDT	+0.0118%	8h	0.3441	−0.044%	$4.6M	$4.0M	50x	as long as short
dYdX TRX-USDshort	+0.0161%	1h	0.3441	−0.041%	$181K	$10K	10x
Deribit TRX_USDC-PERPETUAL	+0.0293%	1h	0.3445	+0.071%	$828K	$407K	25x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0366% / S −0.0395%	1h	0.3442	−0.012%	$20K	—	100x	as long as short