Funding you earn now, next payment 12:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.016%
Price spread now: SoDEX against Lighter0.000%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropLighter: Season 3 · farm boardneeds 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: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TRX | 0.3462 | 0.0096 | pay 0.0012% / 1h | 52m 22s | $483K | $669K | 10x |
| Short | SoDEX TRX-USD | 0.3462 | −0.0061 | pay 0.0008% / 1h | 52m 22s | $404 | $5K | 5x |
Lighter TRX
SoDEX TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Lighter. 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
- −$33.04
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$41.04
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 50 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 Lighter live order book, 50 min ago | 1.01 bp | 1.9 bp −$2 | 7.4 bp −$74 | 44.3 bp −$4,434 | 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 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 | −0.0349% | 8h | 0.3462 | −0.014% | $976K | $992K | 75x | as long as short |
| Kraken Futures PF_TRXUSD | −0.0302% | 1h | 0.3463 | +0.023% | $2.3M | $1.8M | 25x | as long as short |
| Backpack TRX_USDC_PERP | −0.0172% | 1h | 0.3461 | −0.026% | $57K | $8K | 10x | as long as short |
| HTX TRX-USDT | −0.0168% | 8h | 0.3461 | −0.038% | $829K | $887K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3461 | −0.043% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0084% | 8h | 0.3461 | −0.035% | $53.3M | $13.7M | 75x | as long as short |
| BingX TRX-USDT | −0.0070% | 8h | 0.3462 | −0.020% | — | $32.5M | — | as long as short |
| Phoenix TRX | −0.0069% | 1h | 0.3463 | +0.029% | $5K | $14K | 10x | as long as short |
| SoDEX TRX-USDshort | −0.0061% | 1h | 0.3462 | 0.000% | $404 | $5K | 5x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3463 | +0.018% | $136K | — | 150x | as long as short |
Aster TRXUSDT
Kraken Futures PF_TRXUSD
Backpack TRX_USDC_PERP
HTX TRX-USDT
Reya TRXRUSDPERP
Bybit TRXUSDT
BingX TRX-USDT
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 | +0.0029% | 8h | 0.3461 | −0.026% | $9.7M | $4.5M | 75x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.615% | $1K | $163K | 12x | as long as short |
| Paradex TRX-USD-PERP | +0.0071% | 8h | 0.3461 | −0.025% | $9K | $52 | 20x | as long as short |
| Lighter TRXlong | +0.0096% | 1h | 0.3462 | long leg | $483K | $669K | 10x | |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3462 | −0.003% | $14K | $71K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3466 | +0.107% | $14.2M | $2.7M | 10x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3462 | +0.003% | $104.9M | $66.1M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3462 | −0.012% | $15.2M | $11.8M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3462 | −0.014% | $9.4M | $3.4M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3462 | 0.000% | $18.4M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3463 | +0.020% | $8.3M | $3.6M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3460 | −0.078% | $568K | $49K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3462 | −0.019% | $590K | $512K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3463 | +0.020% | $116K | $619K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3461 | −0.041% | $197K | $1.4M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3462 | 0.000% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3461 | −0.051% | $219K | $1.3M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3460 | −0.072% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3462 | −0.012% | $4.8M | $4.0M | 50x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0322% | 1h | 0.3465 | +0.091% | $788K | $714K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0408% / S −0.0492% | 1h | 0.3463 | +0.027% | $20K | — | 100x | as long as short |
| dYdX TRX-USD | +0.0428% | 1h | 0.3464 | +0.057% | $182K | $10K | 10x | as long as short |
Bitget TRXUSDT
Injective TRX/USDC PERP
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Binance TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]
dYdX TRX-USD