TRX

Alert

Funding spread now, next payment 19:00 UTC+0.0248%/8h

paid, last 24h+0.017%paid, last 5 days−0.091%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 -0.091% in total (about -6.5% a year). A funding rate is set anew for every payment. 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	0.3441	−0.0274	get 0.0034% / 1h	42m 09s	$60K	$4K	10x
Short	MEXC TRX_USDT	0.3440	−0.0026	pay 0.0026% / 8h	5h 42m	$16.9M	$1.6M	200x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee MEXCbpOrdersRate

Funding earned: $51.99
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: $37.99
Break-even: 1.9 days

Slippage unknown: Backpack: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.006%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Backpack no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	0.14 bp	2.1 bp −$2	3.2 bp −$32	24.7 bp −$2,468	40.3 bp −$20.1K

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
Backpack TRX_USDC_PERPlong	−0.0274%	1h	$60K	$4K	10x
Bybit TRXUSDT	−0.0175%	8h	$54.6M	$7.6M	75x	as long as short
BingX TRX-USDT	−0.0174%	8h	—	$35.3M	—	as long as short
Reya TRXRUSDPERP	−0.0133%	1h	$5	—	20x	as long as short
Aster TRXUSDT	−0.0128%	8h	$913K	$586K	75x	as long as short
Phoenix TRX	−0.0093%	1h	$5K	$13K	10x	as long as short
HTX TRX-USDT	−0.0090%	8h	$828K	$651K	75x	as long as short
SoDEX TRX-USD	−0.0058%	1h	$405	$5K	5x	as long as short
Kraken Futures PF_TRXUSD	−0.0044%	1h	$1.8M	$882K	25x	as long as short
Lighter TRX	−0.0032%	1h	$485K	$614K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni TRX	−0.0031%	8h	$558K	$34K	—	as long as short
MEXC TRX_USDTshort	−0.0026%	8h	$16.9M	$1.6M	200x
Binance TRXUSDT	−0.0026%	8h	$99.3M	$50.8M	75x	as long as short
Extended TRX-USD	−0.0024%	1h	$194K	$1.1M	25x	as long as short
Phemex TRXUSDT	−0.0014%	8h	$3.7M	$1.5M	50x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	$121K	—	150x	as long as short
OKX TRX-USDT-SWAP	+0.0005%	8h	$15.5M	$8.7M	50x	as long as short
Paradex TRX-USD-PERP	+0.0011%	8h	$8K	$333	20x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	$1K	$42K	12x	as long as short
Gate TRX_USDT	+0.0052%	8h	$9.6M	$2.4M	75x	as long as short
Aevo TRX-PERP	+0.0072%	1h	$33K	—	3x	as long as short
dYdX TRX-USD	+0.0076%	1h	$186K	$3K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0083%	8h	$14K	$108K	20x	as long as short
BloFin TRX-USDT	+0.0094%	8h	$4.6M	$3.9M	50x	as long as short
Hyperliquid TRX	+0.0100%	1h	$13.2M	$2.1M	10x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	$8.6M	$3.5M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	$9.4M	$2.1M	75x	as long as short
edgeX TRXUSDC	+0.0100%	4h	$587K	$448K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	$115K	$531K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	$196K	$887K	30x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0337% / S −0.0340%	1h	$18K	—	100x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0360%	1h	$825K	$387K	25x	as long as short