TRX

Alert

Funding spread now, next payment 16:00 UTC−0.0331%/8h

next payment, per $10,000−$0.41paid, last 24h+0.021%paid, last 7 days+0.187%to open and close $10k−$21

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.187% in total (about 9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 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	Kraken Futures PF_TRXUSD	0.3449	0.0427	pay 0.0053% / 1h	59m 18s	$1.8M	$800K	25x
Short	Lighter TRX	0.3448	0.0096	get 0.0012% / 1h	59m 18s	$446K	$575K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee LighterbpOrdersRate

Funding earned: −$69.47
Slippage, 4 orders: −$11.43
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$90.89
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 1 min ago; Lighter: live order book, 48 min ago.

Price risk

price view

Price gap now: −0.042%
Avg gap 7d: −0.022%

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 Kraken Futures live order book, 1 min ago	0.14 bp	11.9 bp −$12	20.0 bp −$200	doesn't fit	doesn't fit
Sell Lighter live order book, 48 min ago	1.01 bp	1.2 bp −$1	10.5 bp −$105	48.5 bp −$4,853	doesn't fit

TRX on 32 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX TRX-USDT	−0.0337%	8h	$862K	$533K	75x	as long as short
Aster TRXUSDT	−0.0251%	8h	$945K	$541K	75x	as long as short
SoDEX TRX-USD	−0.0227%	1h	$408	$5K	5x	as long as short
Backpack TRX_USDC_PERP	−0.0165%	1h	$60K	$4K	10x	as long as short
Reya TRXRUSDPERP	−0.0133%	1h	$5	—	20x	as long as short
Phoenix TRX	−0.0093%	1h	$5K	$5K	10x	as long as short
Extended TRX-USD	−0.0016%	1h	$195K	$1.1M	25x	as long as short
Binance TRXUSDT	−0.0016%	8h	$100.2M	$48.4M	75x	as long as short
MEXC TRX_USDT	−0.0015%	8h	$17.5M	$1.7M	200x	as long as short
BingX TRX-USDT	−0.0015%	8h	—	$35.3M	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX TRX-USDT-SWAP	−0.0006%	8h	$15.5M	$8.9M	50x	as long as short
Gate TRX_USDT	−0.0004%	8h	$9.7M	$2.2M	75x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0006%	1h	$122K	—	150x	as long as short
Phemex TRXUSDT	+0.0027%	8h	$3.7M	$1.5M	50x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	$1K	$97K	12x	as long as short
Bybit TRXUSDT	+0.0070%	8h	$54.7M	$7.5M	75x	as long as short
Orderly PERP_TRX_USDC	+0.0077%	8h	$15K	$200K	20x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0078%	1h	$791K	$357K	25x	as long as short
Aevo TRX-PERP	+0.0080%	1h	$33K	—	3x	as long as short
Paradex TRX-USD-PERP	+0.0094%	8h	$8K	$333	20x	as long as short
Variational Omni TRX	+0.0094%	8h	$559K	$35K	—	as long as short
Lighter TRXshort	+0.0096%	1h	$446K	$575K	10x
Hyperliquid TRX	+0.0100%	1h	$13.2M	$2.2M	10x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	$8.2M	$3.2M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	$9.5M	$2.0M	75x	as long as short
edgeX TRXUSDC	+0.0100%	4h	$588K	$455K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	$115K	$546K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	$196K	$844K	30x	as long as short
BloFin TRX-USDT	+0.0104%	8h	$4.6M	$3.7M	50x	as long as short
dYdX TRX-USD	+0.0239%	1h	$187K	$3K	10x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0341% / S −0.0344%	1h	$18K	—	100x	as long as short
Kraken Futures PF_TRXUSDlong	+0.0427%	1h	$1.8M	$800K	25x