Funding you earn now, next payment 01:00 UTC+0.0295%/8h= +32.3% APRpaid last 24h +0.063%
Price spread now: GMX against SunX+0.065%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and GMX is 0.065% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TRX-USDT | 0.3451 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $196K | $930K | 30x |
| Short | GMX TRX/USD [ETH-USDC] | 0.3453 | L +0.0367% / S −0.0395% | get 0.0049% / 1h | 31m 37s | $20K | — | 100x |
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against SunX. 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
- $61.89
- Price spread: +0.065% → 0.000%
- $6.49
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $48.38
- Costs to cover
- 0.200%
- Break-even
- 1.5 days
Slippage unknown: SunX: live order book, 21 min ago; GMX: no order-book sample. 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 SunX live order book, 21 min ago | 15.48 bp | 57.8 bp −$58 | 72.1 bp −$721 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | 0.3452 | +0.036% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0090% | 8h | 0.3452 | +0.040% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3452 | +0.040% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3453 | +0.055% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3454 | +0.094% | $122K | — | 150x | as long as short |
| Variational Omni TRX | +0.0023% | 8h | 0.3451 | +0.004% | $564K | $36K | — | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.284% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0060% | 1h | 0.3452 | +0.032% | $58K | $4K | 10x | as long as short |
| Extended TRX-USD | +0.0064% | 1h | 0.3454 | +0.086% | $196K | $1.4M | 25x | as long as short |
| MEXC TRX_USDT | +0.0065% | 8h | 0.3453 | +0.058% | $18.3M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Variational Omni TRX
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
Extended TRX-USD
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0066% | 8h | 0.3454 | +0.104% | $100.2M | $46.9M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0066% | 8h | 0.3456 | +0.139% | $15.5M | $8.4M | 50x | as long as short |
| HTX TRX-USDT | +0.0085% | 8h | 0.3451 | +0.003% | $829K | $737K | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0088% | 8h | 0.3453 | +0.075% | $9K | $385 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3453 | +0.052% | $15K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3453 | +0.055% | $483K | $630K | 10x | as long as short |
| Aevo TRX-PERP | +0.0096% | 1h | 0.3451 | +0.008% | $33K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3455 | +0.121% | $13.2M | $2.2M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3454 | +0.085% | $958K | $660K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3455 | +0.121% | $54.9M | $7.9M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3455 | +0.116% | $9.7M | $2.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3454 | +0.087% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3454 | +0.101% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3451 | −0.006% | $590K | $435K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3451 | +0.017% | $115K | $570K | 50x | as long as short |
| SunX TRX-USDTlong | +0.0100% | 8h | 0.3451 | long leg | $196K | $930K | 30x | |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3453 | +0.055% | $407 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3453 | +0.061% | $3.8M | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3455 | +0.117% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0184% | 8h | 0.3451 | +0.008% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC]short | L +0.0367% / S −0.0395% | 1h | 0.3453 | +0.065% | $20K | — | 100x | |
| Deribit TRX_USDC-PERPETUAL | +0.0451% | 1h | 0.3456 | +0.162% | $835K | $407K | 25x | as long as short |
Binance TRXUSDT
OKX TRX-USDT-SWAP
HTX TRX-USDT
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Lighter TRX
Aevo TRX-PERP
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SoDEX TRX-USD
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL