TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0194%/8h= −21.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.061%

Price spread now: Kraken Futures against GMX+0.061%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 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 pays, funding is against you. Kraken Futures is 0.061% dearer against GMX than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX TRX/USD [ETH-USDC]	0.3447	L +0.0367% / S −0.0395%	pay 0.0046% / 1h	50m 06s	$20K	—	100x
Short	Kraken Futures PF_TRXUSD	0.3449	0.0173	get 0.0022% / 1h	50m 06s	$2.1M	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee Kraken FuturesbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$40.72
Price spread: +0.061% → 0.000%: $6.1
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$56.62
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago	2.90 bp	8.2 bp −$8	8.9 bp −$89	doesn't fit	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 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	0.3446	−0.031%	$5	—	20x	as long as short
KuCoin TRXUSDTM	−0.0090%	8h	0.3446	−0.039%	$8.7M	$3.6M	75x	as long as short
Phoenix TRX	−0.0046%	1h	0.3447	+0.011%	$5K	$14K	10x	as long as short
Variational Omni TRX	−0.0001%	8h	0.3446	−0.031%	$563K	$36K	—	as long as short
dYdX TRX-USD	0.0000%	1h	0.3449	+0.047%	$181K	$10K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3448	+0.022%	$121K	—	150x	as long as short
Backpack TRX_USDC_PERP	+0.0017%	1h	0.3446	−0.030%	$58K	$4K	10x	as long as short
Gate TRX_USDT	+0.0024%	8h	0.3447	−0.010%	$9.6M	$2.4M	75x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	0.3441	−0.175%	$1K	$163K	12x	as long as short
OKX TRX-USDT-SWAP	+0.0044%	8h	0.3447	−0.010%	$15.6M	$8.7M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended TRX-USD	+0.0048%	1h	0.3446	−0.037%	$196K	$1.1M	25x	as long as short
MEXC TRX_USDT	+0.0049%	8h	0.3447	−0.004%	$18.3M	$1.9M	200x	as long as short
Binance TRXUSDT	+0.0049%	8h	0.3447	−0.001%	$99.9M	$48.3M	75x	as long as short
SoDEX TRX-USD	+0.0062%	1h	0.3447	−0.015%	$400	$5K	5x	as long as short
HTX TRX-USDT	+0.0072%	8h	0.3445	−0.046%	$828K	$735K	75x	as long as short
Paradex TRX-USD-PERP	+0.0081%	8h	0.3446	−0.021%	$9K	$385	20x	as long as short
Lighter TRX	+0.0088%	1h	0.3446	−0.027%	$482K	$628K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0091%	8h	0.3447	−0.012%	$14K	$107K	20x	as long as short
Aevo TRX-PERP	+0.0096%	1h	0.3444	−0.074%	$33K	—	3x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3448	+0.037%	$13.2M	$2.2M	10x	as long as short
Aster TRXUSDT	+0.0100%	8h	0.3447	−0.015%	$956K	$660K	75x	as long as short
Bybit TRXUSDT	+0.0100%	8h	0.3447	−0.001%	$54.7M	$8.0M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3447	−0.015%	$9.5M	$2.1M	75x	as long as short
BingX TRX-USDC	+0.0100%	8h	0.3447	−0.010%	—	$6.5M	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3447	+0.001%	$589K	$439K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3448	+0.019%	$115K	$572K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3446	−0.039%	$196K	$941K	30x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3447	−0.004%	$3.8M	$1.6M	50x	as long as short
BloFin TRX-USDT	+0.0169%	8h	0.3447	+0.005%	$4.6M	$4.0M	50x	as long as short
Kraken Futures PF_TRXUSDshort	+0.0173%	1h	0.3449	+0.061%	$2.1M	$1.3M	25x
GMX TRX/USD [ETH-USDC]long	L +0.0367% / S −0.0395%	1h	0.3447	long leg	$20K	—	100x
Deribit TRX_USDC-PERPETUAL	+0.0611%	1h	0.3451	+0.102%	$833K	$417K	25x	as long as short