TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.040%

Price spread now: SoDEX against Kraken Futures−0.035%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on SoDEX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. SoDEX is 0.035% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_TRXUSD	0.3445	0.0062	pay 0.0008% / 1h	42m 41s	$1.9M	$1.0M	25x
Short	SoDEX TRX-USD	0.3444	0.0100	get 0.0013% / 1h	42m 41s	$405	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Kraken Futures. 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 Kraken FuturesbpFee SoDEXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $7.97
Price spread: −0.035% → 0.000%: −$3.54
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$13.57
Costs to cover: 0.180%
Break-even: 18.9 days

Slippage unknown: Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago	1.89 bp	11.4 bp −$11	20.4 bp −$204	doesn't fit	doesn't fit
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 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
Injective TRX/USDC PERP	−0.0146%	1h	0.3441	−0.111%	$1K	$163K	12x	as long as short
Reya TRXRUSDPERP	−0.0133%	1h	0.3443	−0.050%	$5	—	20x	as long as short
KuCoin TRXUSDTM	−0.0088%	8h	0.3443	−0.062%	$8.7M	$3.7M	75x	as long as short
Phoenix TRX	−0.0070%	1h	0.3445	+0.017%	$5K	$13K	10x	as long as short
Backpack TRX_USDC_PERP	−0.0062%	1h	0.3443	−0.038%	$58K	$4K	10x	as long as short
Variational Omni TRX	−0.0045%	8h	0.3444	−0.022%	$563K	$36K	—	as long as short
HTX TRX-USDT	−0.0030%	8h	0.3443	−0.065%	$827K	$726K	75x	as long as short
Bybit TRXUSDT	−0.0025%	8h	0.3444	−0.030%	$54.7M	$8.0M	75x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3445	+0.018%	$181K	$10K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3445	+0.010%	$121K	—	150x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TRX-USDT-SWAP	+0.0010%	8h	0.3443	−0.056%	$15.6M	$8.7M	50x	as long as short
Extended TRX-USD	+0.0024%	1h	0.3442	−0.073%	$196K	$1.1M	25x	as long as short
MEXC TRX_USDT	+0.0027%	8h	0.3444	−0.035%	$18.4M	$1.7M	200x	as long as short
Binance TRXUSDT	+0.0027%	8h	0.3443	−0.050%	$99.3M	$47.9M	75x	as long as short
Aster TRXUSDT	+0.0045%	8h	0.3444	−0.018%	$956K	$659K	75x	as long as short
Paradex TRX-USD-PERP	+0.0062%	8h	0.3443	−0.045%	$9K	$385	20x	as long as short
Kraken Futures PF_TRXUSDlong	+0.0062%	1h	0.3445	long leg	$1.9M	$1.0M	25x
Phemex TRXUSDT	+0.0083%	8h	0.3444	−0.012%	$3.8M	$1.6M	50x	as long as short
Gate TRX_USDT	+0.0088%	8h	0.3443	−0.047%	$9.6M	$2.5M	75x	as long as short
Aevo TRX-PERP	+0.0088%	1h	0.3442	−0.069%	$33K	—	3x	as long as short
Lighter TRX	+0.0088%	1h	0.3443	−0.050%	$482K	$630K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0090%	8h	0.3444	−0.018%	$14K	$107K	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3445	+0.008%	$13.2M	$2.2M	10x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3443	−0.041%	$9.5M	$2.2M	75x	as long as short
BingX TRX-USDC	+0.0100%	8h	0.3444	−0.032%	—	$6.5M	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3444	−0.024%	$588K	$432K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3446	+0.028%	$115K	$559K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3445	+0.013%	$196K	$921K	30x	as long as short
SoDEX TRX-USDshort	+0.0100%	1h	0.3444	−0.035%	$405	$5K	5x
BloFin TRX-USDT	+0.0109%	8h	0.3443	−0.041%	$4.6M	$4.0M	50x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0365% / S −0.0395%	1h	0.3445	−0.003%	$20K	—	100x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0377%	1h	0.3447	+0.072%	$830K	$414K	25x	as long as short