Funding you earn now, next payment 01:00 UTC+0.0302%/8h= +33.1% APRpaid last 24h +0.068%
Price spread now: GMX against Orderly+0.012%7-day average — · you sell dearer than you buy
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: +$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TRX_USDC | 0.3456 | 0.0092 | pay 0.0092% / 8h | 7h 16m | $15K | $107K | 20x |
| Short | GMX TRX/USD [ETH-USDC] | 0.3456 | L +0.0367% / S −0.0395% | get 0.0049% / 1h | 16m 44s | $20K | — | 100x |
Orderly PERP_TRX_USDC
GMX TRX/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Orderly. 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
- $63.49
- Price spread: +0.012% → 0.000%
- $1.24
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $46.73
- Costs to cover
- 0.180%
- Break-even
- 1.8 days
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Orderly and 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 | 0.3455 | −0.005% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0087% | 8h | 0.3455 | −0.003% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3457 | +0.041% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | +0.026% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3456 | +0.028% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.420% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0043% | 1h | 0.3455 | −0.003% | $58K | $4K | 10x | as long as short |
| Variational Omni TRX | +0.0050% | 8h | 0.3454 | −0.045% | $565K | $36K | — | as long as short |
| MEXC TRX_USDT | +0.0078% | 8h | 0.3456 | +0.026% | $18.4M | $1.9M | 200x | as long as short |
| Extended TRX-USD | +0.0080% | 1h | 0.3455 | −0.003% | $194K | $1.0M | 25x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
Variational Omni TRX
MEXC TRX_USDT
Extended TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0081% | 8h | 0.3456 | +0.026% | $100.7M | $48.0M | 75x | as long as short |
| HTX TRX-USDT | +0.0084% | 8h | 0.3456 | +0.005% | $830K | $754K | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0089% | 8h | 0.3457 | +0.032% | $15.5M | $8.4M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0091% | 8h | 0.3456 | +0.002% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDClong | +0.0092% | 8h | 0.3456 | long leg | $15K | $107K | 20x | |
| Lighter TRX | +0.0096% | 1h | 0.3456 | +0.003% | $484K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3458 | +0.069% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3456 | +0.008% | $957K | $664K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3456 | +0.003% | $55.1M | $8.3M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3457 | +0.032% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3456 | +0.014% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3456 | +0.012% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3454 | −0.033% | $590K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3454 | −0.035% | $115K | $565K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3453 | −0.071% | $196K | $957K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3456 | +0.014% | $406 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3456 | +0.012% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3454 | −0.039% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3458 | +0.072% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0201% | 8h | 0.3456 | +0.014% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC]short | L +0.0367% / S −0.0395% | 1h | 0.3456 | +0.012% | $20K | — | 100x | |
| Deribit TRX_USDC-PERPETUAL | +0.0601% | 1h | 0.3460 | +0.119% | $846K | $421K | 25x | as long as short |
Binance TRXUSDT
HTX TRX-USDT
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL