Funding you earn now, next payment 11:00 UTC−0.0400%/8h= −43.8% APRnext payment −$0.50 per $10,000 · paid last 24h −0.109%
Price spread now: gTrade (Gains Network) against GMX+0.008%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TRX/USD [ETH-USDC] | 0.3475 | L +0.0408% / S −0.0492% | pay 0.0051% / 1h | 48m 07s | $20K | — | 100x |
| Short | gTrade (Gains Network) TRX/USD | 0.3476 | L +0.0003% / S −0.0008% | get 0.0001% / 1h | 48m 07s | $137K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against GMX. 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
- −$84.05
- Price spread: +0.008% → 0.000%
- $0.78
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$105.27
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): virtual book (oracle exchange), 64 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) virtual book (oracle exchange), 64 min ago | 130.02 bp | 135.0 bp −$135 | 205.2 bp −$2,052 | 2197.0 bp −$219.7K | doesn't fit |
GMX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | −0.0342% | 8h | 0.3472 | −0.090% | $961K | $936K | 75x | as long as short |
| HTX TRX-USDT | −0.0215% | 8h | 0.3473 | −0.066% | $831K | $884K | 75x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3473 | −0.062% | $5 | — | 20x | as long as short |
| Backpack TRX_USDC_PERP | −0.0063% | 1h | 0.3473 | −0.051% | $57K | $8K | 10x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3476 | +0.024% | $5K | $14K | 10x | as long as short |
| SoDEX TRX-USD | −0.0012% | 1h | 0.3474 | −0.033% | $409 | $5K | 5x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3476 | +0.025% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDshort | L +0.0003% / S −0.0008% | 1h | 0.3476 | +0.008% | $137K | — | 150x | |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.986% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3474 | −0.048% | — | $6.5M | — | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0087% | 8h | 0.3474 | −0.048% | $9K | $52 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3474 | −0.028% | $481K | $656K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3474 | −0.048% | $14K | $71K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3478 | +0.076% | $14.3M | $2.7M | 10x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3474 | −0.030% | $106.6M | $64.2M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3473 | −0.065% | $53.3M | $13.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3474 | −0.045% | $15.4M | $11.5M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3474 | −0.039% | $9.5M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3474 | −0.031% | $18.9M | $2.4M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3474 | −0.042% | $8.5M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3473 | −0.056% | $9.7M | $4.4M | 75x | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3473 | −0.076% | $576K | $28K | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3474 | −0.037% | $593K | $508K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3476 | +0.010% | $117K | $617K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3473 | −0.074% | $197K | $1.3M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3475 | −0.013% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3473 | −0.077% | $211K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3472 | −0.086% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3475 | −0.019% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0269% | 1h | 0.3474 | −0.045% | $2.3M | $1.8M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0380% | 1h | 0.3478 | +0.068% | $804K | $724K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC]long | L +0.0408% / S −0.0492% | 1h | 0.3475 | long leg | $20K | — | 100x |
GMX TRX/USD [ETH-USDC]
gTrade (Gains Network) TRX/USD
Aster TRXUSDT
HTX TRX-USDT
Backpack TRX_USDC_PERP
Phoenix TRX
SoDEX TRX-USD
Injective TRX/USDC PERP
BingX TRX-USDC
Paradex TRX-USD-PERP
Lighter TRX
Hyperliquid TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Variational Omni TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL