Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.48 per $10,000 · paid last 24h −0.035%
Price spread now: Binance against Paradex+0.009%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex TRX-USD-PERP | 0.3441 | 0.0055 | pay 0.0055% / 8h | 1h 52m | $9K | $385 | 20x |
| Short | Binance TRXUSDT | 0.3441 | 0.0008 | get 0.0008% / 8h | 1h 52m | $99.3M | $48.8M | 75x |
Paradex TRX-USD-PERP
Binance TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Paradex. 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
- −$10.06
- Price spread: +0.009% → 0.000%
- $0.93
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.12
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 5 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.14 bp | 5.9 bp −$6 | 10.4 bp −$104 | 39.6 bp −$3,956 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3440 | −0.004% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.013% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0086% | 8h | 0.3440 | −0.010% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0079% | 8h | 0.3440 | −0.004% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3443 | +0.065% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.0024% | 8h | 0.3440 | −0.011% | $952K | $638K | 75x | as long as short |
| HTX TRX-USDT | −0.0019% | 8h | 0.3440 | −0.011% | $826K | $713K | 75x | as long as short |
| KuCoin TRXUSDTM | −0.0015% | 8h | 0.3440 | −0.016% | $8.7M | $3.6M | 75x | as long as short |
| Lighter TRX | 0.0000% | 1h | 0.3440 | −0.004% | $482K | $637K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.063% | $181K | $10K | 10x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
Aster TRXUSDT
HTX TRX-USDT
KuCoin TRXUSDTM
Lighter TRX
dYdX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.048% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0004% | 8h | 0.3440 | −0.007% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDT | +0.0007% | 8h | 0.3441 | +0.013% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDTshort | +0.0008% | 8h | 0.3441 | +0.009% | $99.3M | $48.8M | 75x | |
| Extended TRX-USD | +0.0008% | 1h | 0.3440 | −0.013% | $196K | $1.1M | 25x | as long as short |
| Backpack TRX_USDC_PERP | +0.0016% | 1h | 0.3441 | +0.001% | $58K | $4K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3443 | +0.060% | $1.9M | $979K | 25x | as long as short |
| SoDEX TRX-USD | +0.0027% | 1h | 0.3441 | +0.004% | $406 | $5K | 5x | as long as short |
| BloFin TRX-USDT | +0.0030% | 8h | 0.3441 | +0.004% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERPlong | +0.0055% | 8h | 0.3441 | long leg | $9K | $385 | 20x | |
| Phemex TRXUSDT | +0.0076% | 8h | 0.3441 | +0.016% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.043% | $33K | — | 3x | as long as short |
| BingX TRX-USDT | +0.0084% | 8h | 0.3442 | +0.027% | — | $40.0M | — | as long as short |
| Bitget TRXUSDT | +0.0089% | 8h | 0.3441 | +0.001% | $9.4M | $2.1M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | +0.007% | $14K | $107K | 20x | as long as short |
| Gate TRX_USDT | +0.0097% | 8h | 0.3441 | +0.010% | $9.7M | $2.5M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.054% | $13.2M | $2.2M | 10x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3442 | +0.029% | $587K | $433K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3442 | +0.036% | $115K | $547K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.062% | $196K | $918K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.039% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0476% | 1h | 0.3445 | +0.119% | $832K | $411K | 25x | as long as short |
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Extended TRX-USD
Backpack TRX_USDC_PERP
Kraken Futures PF_TRXUSD
SoDEX TRX-USD
BloFin TRX-USDT
Phemex TRXUSDT
Aevo TRX-PERP
BingX TRX-USDT
Bitget TRXUSDT
Orderly PERP_TRX_USDC
Gate TRX_USDT
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL