Funding spread now, next payment 18:00 UTC+0.0049%/8h
next payment, per $10,000+$0.06paid, last 24h+0.048%paid, last 5 days−0.138%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix TRX | 0.3440 | −0.0093 | get 0.0012% / 1h | 20m 42s | $5K | $13K | 10x |
| Short | Kraken Futures PF_TRXUSD | 0.3441 | −0.0044 | pay 0.0006% / 1h | 20m 42s | $1.8M | $884K | 25x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $10.24
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$6.76
- Break-even
- 11.6 days
Slippage unknown: Phoenix: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.029%
- 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 2.18 bp | 8.2 bp −$8 | 15.7 bp −$157 | doesn't fit | doesn't fit |
Phoenix: 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_PERP | −0.0267% | 1h | $60K | $4K | 10x | as long as short |
| Bybit TRXUSDT | −0.0171% | 8h | $54.6M | $7.6M | 75x | as long as short |
| BingX TRX-USDT | −0.0171% | 8h | — | $38.2M | — | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | $5 | — | 20x | as long as short |
| Aster TRXUSDT | −0.0114% | 8h | $912K | $589K | 75x | as long as short |
| Phoenix TRXlong | −0.0093% | 1h | $5K | $13K | 10x | |
| SoDEX TRX-USD | −0.0075% | 1h | $400 | $5K | 5x | as long as short |
| HTX TRX-USDT | −0.0066% | 8h | $828K | $653K | 75x | as long as short |
| Variational Omni TRX | −0.0048% | 8h | $558K | $34K | — | as long as short |
| Kraken Futures PF_TRXUSDshort | −0.0044% | 1h | $1.8M | $884K | 25x |
Phoenix TRX
Kraken Futures PF_TRXUSD
Backpack TRX_USDC_PERP
Bybit TRXUSDT
BingX TRX-USDT
Aster TRXUSDT
SoDEX TRX-USD
HTX TRX-USDT
Variational Omni TRX
Extended TRX-USD
Binance TRXUSDT
MEXC TRX_USDT
Lighter TRX
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
Phemex TRXUSDT
Paradex TRX-USD-PERP
Injective TRX/USDC PERP
Gate TRX_USDT
Bitget TRXUSDT
BloFin TRX-USDT
Hyperliquid TRX
KuCoin TRXUSDTM
ApeX Omni TRXUSDT
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]