TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.042%

Price spread now: dYdX against SoDEX+0.032%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on dYdX

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. dYdX is 0.032% dearer against SoDEX than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 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	SoDEX TRX-USD	0.3489	0.0100	pay 0.0013% / 1h	14m 37s	$408	$5K	5x
Short	dYdX TRX-USD	0.3490	0	get 0.0000% / 1h	14m 37s	$183K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$21
Price spread: +0.032% → 0.000%: $3.17
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$35.83
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; dYdX: live order book, 29 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 SoDEX no order-book sample	—	—	—	—	—
Sell dYdX live order book, 29 min ago	63.34 bp	68.6 bp −$69	68.9 bp −$689	76.3 bp −$7,632	323.6 bp −$161.8K

SoDEX: 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	0.3488	−0.032%	$5	—	20x	as long as short
HTX TRX-USDT	−0.0055%	8h	0.3485	−0.112%	$833K	$941K	75x	as long as short
dYdX TRX-USDshort	0.0000%	1h	0.3490	+0.032%	$183K	$12K	10x
Phoenix TRX	0.0000%	1h	0.3492	+0.066%	$5K	$14K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0008%	1h	0.3489	+0.001%	$123K	—	150x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	0.3441	−1.384%	$1K	$163K	12x	as long as short
BingX TRX-USDT	+0.0070%	8h	0.3489	−0.006%	—	$32.8M	—	as long as short
Lighter TRX	+0.0096%	1h	0.3489	−0.017%	$488K	$671K	10x	as long as short
Paradex TRX-USD-PERP	+0.0100%	8h	0.3489	−0.009%	$9K	$251	20x	as long as short
Orderly PERP_TRX_USDC	+0.0100%	8h	0.3489	−0.006%	$14K	$60K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRX	+0.0100%	1h	0.3492	+0.086%	$13.3M	$2.7M	10x	as long as short
Aster TRXUSDT	+0.0100%	8h	0.3488	−0.028%	$968K	$706K	75x	as long as short
Binance TRXUSDT	+0.0100%	8h	0.3489	−0.003%	$107.4M	$62.5M	75x	as long as short
Bybit TRXUSDT	+0.0100%	8h	0.3489	−0.009%	$53.6M	$12.5M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3489	−0.006%	$15.6M	$10.4M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3489	−0.009%	$9.7M	$3.3M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3489	−0.003%	$19.6M	$2.2M	200x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	0.3490	+0.032%	$8.5M	$3.4M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3488	−0.043%	$9.8M	$4.3M	75x	as long as short
Backpack TRX_USDC_PERP	+0.0100%	1h	0.3488	−0.026%	$62K	$5K	10x	as long as short
Variational Omni TRX	+0.0100%	8h	0.3488	−0.040%	$570K	$37K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3490	+0.009%	$595K	$462K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3490	+0.017%	$116K	$587K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3488	−0.033%	$198K	$1.3M	30x	as long as short
SoDEX TRX-USDlong	+0.0100%	1h	0.3489	long leg	$408	$5K	5x
Phemex TRXUSDT	+0.0100%	8h	0.3490	+0.014%	$4.0M	$2.0M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3488	−0.044%	$205K	$593K	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3487	−0.059%	$34K	—	3x	as long as short
BloFin TRX-USDT	+0.0220%	8h	0.3489	−0.003%	$4.7M	$4.0M	50x	as long as short
Kraken Futures PF_TRXUSD	+0.0252%	1h	0.3490	+0.027%	$2.4M	$1.8M	25x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0410% / S −0.0492%	1h	0.3489	+0.004%	$20K	—	100x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.1108%	1h	0.3494	+0.140%	$908K	$687K	25x	as long as short