Funding you earn now, next payment 05:00 UTC+0.0478%/8h= +52.4% APRnext payment +$0.60 per $10,000 · paid last 24h +0.099%
Price spread now: GMX against gTrade (Gains Network)−0.009%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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3481 | L +0.0003% / S −0.0008% | pay 0.0000% / 1h | 57m 50s | $123K | — | 150x |
| Short | GMX TRX/USD [ETH-USDC] | 0.3481 | L +0.0404% / S −0.0481% | get 0.0060% / 1h | 57m 50s | $20K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $100.42
- Price spread: −0.009% → 0.000%
- −$0.92
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $77.5
- Costs to cover
- 0.220%
- Break-even
- 1.6 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 61 min ago; GMX: 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 gTrade (Gains Network) virtual book (oracle venue), 61 min ago | 130.02 bp | 135.0 bp −$135 | 224.8 bp −$2,248 | 2109.1 bp −$210.9K | 10777.2 bp −$5.39M |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 0.3480 | −0.019% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3480 | −0.020% | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3481 | −0.011% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0008% | 1h | 0.3481 | long leg | $123K | — | 150x | |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.149% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3481 | +0.001% | — | $6.5M | — | as long as short |
| Backpack TRX_USDC_PERP | +0.0080% | 1h | 0.3480 | −0.031% | $62K | $5K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0095% | 8h | 0.3480 | −0.024% | $9K | $251 | 20x | as long as short |
| HTX TRX-USDT | +0.0095% | 8h | 0.3480 | −0.023% | $835K | $858K | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3481 | −0.005% | $485K | $669K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3480 | −0.017% | $15K | $44K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3484 | +0.075% | $13.2M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3481 | +0.014% | $965K | $695K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3482 | +0.023% | $105.7M | $59.1M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3481 | −0.005% | $53.7M | $11.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3482 | +0.018% | $15.5M | $9.9M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3481 | +0.003% | $9.7M | $2.9M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3481 | +0.012% | $19.0M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3481 | +0.009% | $8.6M | $3.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3482 | +0.015% | $10.5M | $3.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3478 | −0.089% | $569K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3479 | −0.065% | $593K | $473K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3478 | −0.091% | $116K | $567K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3479 | −0.051% | $198K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3481 | −0.002% | $408 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3481 | +0.003% | $3.9M | $1.9M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3480 | −0.024% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3479 | −0.058% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0144% | 1h | 0.3482 | +0.038% | $2.4M | $1.7M | 25x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3482 | +0.015% | $4.7M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC]short | L +0.0404% / S −0.0481% | 1h | 0.3481 | −0.009% | $20K | — | 100x | |
| Deribit TRX_USDC-PERPETUAL | +0.0497% | 1h | 0.3484 | +0.083% | $850K | $528K | 25x | as long as short |
gTrade (Gains Network) TRX/USD
GMX TRX/USD [ETH-USDC]
Phoenix TRX
Injective TRX/USDC PERP
BingX TRX-USDC
Backpack TRX_USDC_PERP
Paradex TRX-USD-PERP
HTX TRX-USDT
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL