Funding spread now, next payment 15:00 UTC−0.0272%/8h
next payment, per $10,000−$0.34paid, last 24h−0.075%paid, last 5 days−0.053%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 -0.053% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.34 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 | Deribit TRX_USDC-PERPETUAL | 0.3449 | 0.0066 | pay 0.0008% / 1h | 52m 15s | $781K | $259K | 25x |
| Short | Backpack TRX_USDC_PERP | 0.3445 | −0.0206 | pay 0.0026% / 1h | 52m 15s | $60K | $4K | 10x |
Deribit TRX_USDC-PERPETUAL
Backpack TRX_USDC_PERPFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$57.2
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$74.2
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 3 min ago; Backpack: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.134%
- 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 Deribit live order book, 3 min ago | 1.30 bp | 4.8 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|
| HTX TRX-USDT | −0.0366% | 8h | $873K | $544K | 75x | as long as short |
| Aster TRXUSDT | −0.0244% | 8h | $1.1M | $408K | 75x | as long as short |
| Backpack TRX_USDC_PERPshort | −0.0206% | 1h | $60K | $4K | 10x | |
| Reya TRXRUSDPERP | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0093% | 1h | $5K | $5K | 10x | as long as short |
| SoDEX TRX-USD | −0.0074% | 1h | $409 | $5K | 5x | as long as short |
| Gate TRX_USDT | −0.0034% | 8h | $9.6M | $2.2M | 75x | as long as short |
| Binance TRXUSDT | −0.0028% | 8h | $100.0M | $51.8M | 75x | as long as short |
| MEXC TRX_USDT | −0.0027% | 8h | $17.3M | $1.7M | 200x | as long as short |
| Extended TRX-USD | −0.0024% | 1h | $194K | $1.1M | 25x | as long as short |
HTX TRX-USDT
Aster TRXUSDT
Reya TRXRUSDPERP
Phoenix TRX
SoDEX TRX-USD
Gate TRX_USDT
Binance TRXUSDT
MEXC TRX_USDT
Extended TRX-USD
OKX TRX-USDT-SWAP
gTrade (Gains Network) TRX/USD
Phemex TRXUSDT
Injective TRX/USDC PERP
Bybit TRXUSDT
Variational Omni TRX
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
BloFin TRX-USDT
KuCoin TRXUSDTM
Lighter TRX
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
ApeX Omni TRXUSDT
SunX TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
dYdX TRX-USD