TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0167%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.039%

Price spread now: Injective against Reya−1.293%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 Injective

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. Injective is 1.293% cheaper against Reya than usual: you would sell low and buy high (spread −1.293% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$129 on $10k: about 26 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TRXRUSDPERP	0.3486	−0.0133	get 0.0017% / 1h	11m 04s	$5	—	20x
Short	Injective TRX/USDC PERP	0.3441	0.0033	get 0.0004% / 1h	11m 04s	$1K	$163K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −1.293%Rate

Funding earned: $34.98
Price spread: −1.293% → 0.000%: −$129.33
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$100.37
Costs to cover: 0.060%
Break-even: 27.1 days

Slippage unknown: Reya: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Reya and Injective: 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 TRXRUSDPERPlong	−0.0133%	1h	0.3486	long leg	$5	—	20x
Phoenix TRX	−0.0046%	1h	0.3488	+0.055%	$5K	$14K	10x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3486	+0.009%	$183K	$10K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0008%	1h	0.3487	+0.021%	$123K	—	150x	as long as short
Injective TRX/USDC PERPshort	+0.0033%	1h	0.3441	−1.293%	$1K	$163K	12x
HTX TRX-USDT	+0.0070%	8h	0.3484	−0.063%	$825K	$890K	75x	as long as short
BingX TRX-USDC	+0.0070%	8h	0.3487	+0.012%	—	$6.5M	—	as long as short
Lighter TRX	+0.0096%	1h	0.3487	+0.015%	$486K	$671K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0099%	8h	0.3487	+0.021%	$14K	$60K	20x	as long as short
Paradex TRX-USD-PERP	+0.0100%	8h	0.3486	−0.007%	$9K	$251	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRX	+0.0100%	1h	0.3490	+0.104%	$13.2M	$2.7M	10x	as long as short
Aster TRXUSDT	+0.0100%	8h	0.3486	−0.003%	$965K	$698K	75x	as long as short
Binance TRXUSDT	+0.0100%	8h	0.3486	−0.008%	$106.3M	$61.6M	75x	as long as short
Bybit TRXUSDT	+0.0100%	8h	0.3485	−0.028%	$53.9M	$12.0M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3486	−0.011%	$15.6M	$10.3M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3486	+0.009%	$9.7M	$3.0M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3486	−0.002%	$19.0M	$2.2M	200x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	0.3487	+0.012%	$8.5M	$3.5M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3487	+0.012%	$10.6M	$3.5M	75x	as long as short
Backpack TRX_USDC_PERP	+0.0100%	1h	0.3486	−0.017%	$62K	$5K	10x	as long as short
Variational Omni TRX	+0.0100%	8h	0.3485	−0.035%	$570K	$37K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3486	+0.010%	$595K	$468K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3486	+0.006%	$116K	$580K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3484	−0.060%	$198K	$1.3M	30x	as long as short
SoDEX TRX-USD	+0.0100%	1h	0.3487	+0.015%	$410	$5K	5x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3486	+0.003%	$4.0M	$1.9M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3484	−0.048%	$195K	$1.0M	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3485	−0.031%	$34K	—	3x	as long as short
Kraken Futures PF_TRXUSD	+0.0144%	1h	0.3487	+0.027%	$2.4M	$1.7M	25x	as long as short
BloFin TRX-USDT	+0.0220%	8h	0.3487	+0.015%	$4.7M	$3.9M	50x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0410% / S −0.0491%	1h	0.3487	+0.012%	$20K	—	100x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0682%	1h	0.3490	+0.123%	$843K	$548K	25x	as long as short