Funding you earn now, next payment 01:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.005%
Price spread now: Orderly against ApeX Omni+0.101%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 3 days (all we have)−0.173%−$17 · spread now +0.101%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.115% dearer against ApeX Omni than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni TRXUSDT | 0.3451 | 0.0100 | pay 0.0013% / 1h | 28m 45s | $115K | $570K | 50x |
| Short | Orderly PERP_TRX_USDC | 0.3455 | 0.0092 | get 0.0092% / 8h | 7h 28m | $15K | $107K | 20x |
ApeX Omni TRXUSDT
Orderly PERP_TRX_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against ApeX Omni. 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
- −$1.71
- Price spread: +0.101% → −0.013%
- $11.47
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$6.24
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 44 min ago; Orderly: 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 ApeX Omni live order book, 44 min ago | 2.76 bp | 15.6 bp −$16 | 121.6 bp −$1,216 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | +0.103% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0090% | 8h | 0.3454 | +0.087% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3454 | +0.075% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | +0.144% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3456 | +0.137% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.301% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0034% | 8h | 0.3454 | +0.074% | $565K | $36K | — | as long as short |
| Backpack TRX_USDC_PERP | +0.0052% | 1h | 0.3454 | +0.090% | $58K | $4K | 10x | as long as short |
| Extended TRX-USD | +0.0064% | 1h | 0.3455 | +0.091% | $194K | $1.3M | 25x | as long as short |
| MEXC TRX_USDT | +0.0067% | 8h | 0.3456 | +0.119% | $18.4M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Variational Omni TRX
Backpack TRX_USDC_PERP
Extended TRX-USD
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0068% | 8h | 0.3456 | +0.122% | $100.5M | $47.8M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0072% | 8h | 0.3456 | +0.145% | $15.5M | $8.4M | 50x | as long as short |
| HTX TRX-USDT | +0.0072% | 8h | 0.3454 | +0.090% | $830K | $753K | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0089% | 8h | 0.3455 | +0.106% | $9K | $358 | 20x | as long as short |
| Orderly PERP_TRX_USDCshort | +0.0092% | 8h | 0.3455 | +0.101% | $15K | $107K | 20x | |
| Lighter TRX | +0.0096% | 1h | 0.3455 | +0.099% | $483K | $630K | 10x | as long as short |
| Aevo TRX-PERP | +0.0096% | 1h | 0.3453 | +0.058% | $33K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3457 | +0.168% | $13.2M | $2.2M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3456 | +0.133% | $957K | $660K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3455 | +0.110% | $54.9M | $8.0M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3456 | +0.136% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3455 | +0.116% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3456 | +0.119% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3453 | +0.054% | $590K | $439K | 20x | as long as short |
| ApeX Omni TRXUSDTlong | +0.0100% | 1h | 0.3451 | long leg | $115K | $570K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3453 | +0.056% | $196K | $948K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3456 | +0.119% | $406 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3455 | +0.113% | $3.9M | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3457 | +0.164% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0187% | 8h | 0.3454 | +0.075% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3455 | +0.103% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0540% | 1h | 0.3459 | +0.218% | $835K | $407K | 25x | as long as short |
Binance TRXUSDT
OKX TRX-USDT-SWAP
HTX TRX-USDT
Paradex TRX-USD-PERP
Lighter TRX
Aevo TRX-PERP
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL