Funding you earn now, next payment 09:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.025%
Price spread now: Paradex against gTrade (Gains Network)−0.041%103s7-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
=Funding pays, the price is against you. Paradex is 0.041% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 37 hours of funding at the current rate (+$3 a day). The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3486 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 51m 49s | $126K | — | 150x |
| Short | Paradex TRX-USD-PERP | 0.3485 | 0.0091 | get 0.0091% / 8h | 7h 51m | $9K | $251 | 20x |
gTrade (Gains Network) TRX/USD
Paradex TRX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $18.49
- Price spread: −0.041% → 0.000%
- −$4.06
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $0.43
- Costs to cover
- 0.140%
- Break-even
- 6.8 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 47 min ago; Paradex: 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), 47 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 Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.0229% | 8h | 0.3484 | −0.068% | $835K | $959K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3485 | −0.035% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3486 | +0.011% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3487 | +0.033% | $183K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3486 | long leg | $126K | — | 150x | |
| Kraken Futures PF_TRXUSD | +0.0020% | 1h | 0.3487 | +0.023% | $2.4M | $1.9M | 25x | as long as short |
| Backpack TRX_USDC_PERP | +0.0032% | 1h | 0.3484 | −0.046% | $62K | $5K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.291% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3484 | −0.069% | — | $32.6M | — | as long as short |
| Paradex TRX-USD-PERPshort | +0.0091% | 8h | 0.3485 | −0.041% | $9K | $251 | 20x |
HTX TRX-USDT
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
Kraken Futures PF_TRXUSD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
BingX TRX-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | +0.0096% | 1h | 0.3485 | −0.026% | $487K | $671K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3485 | −0.026% | $14K | $63K | 20x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3482 | −0.115% | $970K | $752K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3484 | −0.054% | $107.1M | $65.2M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3484 | −0.052% | $53.5M | $12.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3484 | −0.058% | $15.6M | $11.0M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3486 | −0.006% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3484 | −0.049% | $19.0M | $2.3M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3485 | −0.026% | $8.5M | $3.3M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3483 | −0.092% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3485 | −0.031% | $577K | $37K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3485 | −0.023% | $594K | $501K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3486 | +0.011% | $116K | $609K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3483 | −0.080% | $198K | $1.4M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3485 | −0.021% | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3485 | −0.021% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3483 | −0.095% | $205K | $1.2M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3484 | −0.071% | $34K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0107% | 1h | 0.3489 | +0.077% | $13.4M | $2.8M | 10x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3487 | +0.014% | $4.8M | $4.1M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0411% / S −0.0492% | 1h | 0.3486 | −0.011% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0567% | 1h | 0.3489 | +0.094% | $843K | $720K | 25x | as long as short |
Lighter TRX
Orderly PERP_TRX_USDC
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
Aevo TRX-PERP
Hyperliquid TRX
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL