TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0615%/8h= +67.3% APRnext payment +$0.77 per $10,000 · paid last 24h +0.136%

Price spread now: GMX against Reya−0.025%7-day average — · you buy dearer than you sell

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

Long on Reya Short on GMX

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.025% cheaper against Reya than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TRXRUSDPERP	0.3473	−0.0133	get 0.0017% / 1h	24m 30s	$5	—	20x
Short	GMX TRX/USD [ETH-USDC]	0.3472	L +0.0403% / S −0.0481%	get 0.0060% / 1h	24m 30s	$20K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Reya. 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 ReyabpFee GMXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $129.08
Price spread: −0.025% → 0.000%: −$2.47
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: $108.61
Costs to cover: 0.180%
Break-even: 1.1 days

Slippage unknown: Reya: 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 Reya no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Reya 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 31 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 TRXRUSDPERPlong	−0.0133%	1h	0.3473	long leg	$5	—	20x
Phoenix TRX	−0.0046%	1h	0.3471	−0.043%	$5K	$14K	10x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3472	−0.008%	$182K	$10K	10x	as long as short
KuCoin TRXUSDTM	+0.0002%	8h	0.3474	+0.032%	$8.7M	$3.5M	75x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3472	−0.009%	$122K	—	150x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	0.3441	−0.912%	$1K	$163K	12x	as long as short
Backpack TRX_USDC_PERP	+0.0060%	1h	0.3472	−0.028%	$59K	$4K	10x	as long as short
BingX TRX-USDT	+0.0070%	8h	0.3472	−0.017%	—	$32.7M	—	as long as short
Orderly PERP_TRX_USDC	+0.0094%	8h	0.3472	−0.022%	$14K	$122K	20x	as long as short
HTX TRX-USDT	+0.0095%	8h	0.3471	−0.056%	$834K	$795K	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRX	+0.0096%	1h	0.3472	−0.017%	$485K	$662K	10x	as long as short
Paradex TRX-USD-PERP	+0.0097%	8h	0.3472	−0.021%	$9K	$251	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3474	+0.029%	$13.2M	$2.3M	10x	as long as short
Aster TRXUSDT	+0.0100%	8h	0.3472	−0.017%	$959K	$670K	75x	as long as short
Binance TRXUSDT	+0.0100%	8h	0.3472	−0.018%	$102.8M	$50.9M	75x	as long as short
Bybit TRXUSDT	+0.0100%	8h	0.3473	+0.012%	$54.9M	$9.6M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3473	−0.005%	$15.6M	$8.7M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3473	+0.001%	$9.7M	$2.6M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3473	−0.005%	$18.5M	$2.0M	200x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3473	+0.006%	$10.4M	$3.2M	75x	as long as short
Variational Omni TRX	+0.0100%	8h	0.3471	−0.050%	$566K	$36K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3468	−0.125%	$592K	$448K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3468	−0.146%	$115K	$563K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3470	−0.079%	$197K	$1.0M	30x	as long as short
SoDEX TRX-USD	+0.0100%	1h	0.3473	−0.002%	$404	$5K	5x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3472	−0.008%	$3.9M	$1.7M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3471	−0.037%	$195K	$1.0M	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3471	−0.057%	$34K	—	3x	as long as short
GMX TRX/USD [ETH-USDC]short	L +0.0403% / S −0.0481%	1h	0.3472	−0.025%	$20K	—	100x
Kraken Futures PF_TRXUSD	+0.0524%	1h	0.3474	+0.038%	$2.3M	$1.6M	25x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0686%	1h	0.3476	+0.088%	$800K	$463K	25x	as long as short