Funding spread now, next payment 18:00 UTC+0.0389%/8h
next payment, per $10,000+$0.49paid, last 24h+0.072%paid, last 5 days+0.065%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.065% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TRX_USDC_PERP | 0.3439 | −0.0134 | get 0.0017% / 1h | 37m 14s | $60K | $4K | 10x |
| Short | Deribit TRX_USDC-PERPETUAL | 0.3443 | 0.0256 | get 0.0032% / 1h | 37m 14s | $815K | $401K | 25x |
Backpack TRX_USDC_PERP
Deribit TRX_USDC-PERPETUALFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $81.76
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $64.76
- Break-even
- 1.5 days
Slippage unknown: Backpack: no order-book sample; Deribit: live order book, 3 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.110%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 3 min ago | 1.74 bp | 5.5 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
Backpack: 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bybit TRXUSDT | −0.0195% | 8h | $54.6M | $7.6M | 75x | as long as short |
| BingX TRX-USDT | −0.0192% | 8h | — | $35.3M | — | as long as short |
| Kraken Futures PF_TRXUSD | −0.0158% | 1h | $1.8M | $894K | 25x | as long as short |
| Aster TRXUSDT | −0.0147% | 8h | $913K | $583K | 75x | as long as short |
| SoDEX TRX-USD | −0.0144% | 1h | $403 | $5K | 5x | as long as short |
| Backpack TRX_USDC_PERPlong | −0.0134% | 1h | $60K | $4K | 10x | |
| Reya TRXRUSDPERP | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0116% | 1h | $5K | $13K | 10x | as long as short |
| HTX TRX-USDT | −0.0080% | 8h | $834K | $633K | 75x | as long as short |
| Phemex TRXUSDT | −0.0026% | 8h | $3.7M | $1.5M | 50x | as long as short |
Bybit TRXUSDT
BingX TRX-USDT
Kraken Futures PF_TRXUSD
Aster TRXUSDT
SoDEX TRX-USD
Reya TRXRUSDPERP
Phoenix TRX
HTX TRX-USDT
Phemex TRXUSDT
Binance TRXUSDT
MEXC TRX_USDT
Extended TRX-USD
gTrade (Gains Network) TRX/USD
Variational Omni TRX
OKX TRX-USDT-SWAP
Injective TRX/USDC PERP
Paradex TRX-USD-PERP
Lighter TRX
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Gate TRX_USDT
Hyperliquid TRX
KuCoin TRXUSDTM
Bitget TRXUSDT
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
dYdX TRX-USD
GMX TRX/USD [ETH-USDC]