TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0392%/8h= +43.0% APRnext payment +$0.49 per $10,000 · paid last 24h +0.088%

Price spread now: GMX against ApeX Omni−0.039%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. GMX is 0.039% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TRXUSDT	0.3485	0.0100	pay 0.0013% / 1h	30m 41s	$116K	$616K	50x
Short	GMX TRX/USD [ETH-USDC]	0.3483	L +0.0411% / S −0.0492%	get 0.0062% / 1h	30m 41s	$20K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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 ApeX OmnibpFee GMXbpOrdersPrice spread, now −0.039%Rate

Funding earned: $82.41
Price spread: −0.039% → 0.000%: −$3.93
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $56.48
Costs to cover: 0.220%
Break-even: 2.2 days

Slippage unknown: ApeX Omni: live order book, 2 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 ApeX Omni live order book, 2 min ago	4.59 bp	12.4 bp −$12	98.9 bp −$989	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
HTX TRX-USDT	−0.0214%	8h	0.3481	−0.098%	$834K	$956K	75x	as long as short
Reya TRXRUSDPERP	−0.0133%	1h	0.3482	−0.075%	$5	—	20x	as long as short
Phoenix TRX	−0.0046%	1h	0.3485	+0.009%	$5K	$14K	10x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3483	−0.033%	$183K	$12K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3483	−0.042%	$126K	—	150x	as long as short
Kraken Futures PF_TRXUSD	+0.0020%	1h	0.3483	−0.041%	$2.4M	$1.9M	25x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	0.3441	−1.251%	$1K	$163K	12x	as long as short
Backpack TRX_USDC_PERP	+0.0042%	1h	0.3482	−0.077%	$62K	$5K	10x	as long as short
BingX TRX-USDC	+0.0047%	8h	0.3482	−0.066%	—	$6.5M	—	as long as short
Bybit TRXUSDT	+0.0065%	8h	0.3481	−0.098%	$53.5M	$12.8M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRXUSDT	+0.0072%	8h	0.3479	−0.169%	$967K	$771K	75x	as long as short
Paradex TRX-USD-PERP	+0.0095%	8h	0.3481	−0.099%	$9K	$171	20x	as long as short
Lighter TRX	+0.0096%	1h	0.3482	−0.075%	$488K	$672K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0099%	8h	0.3483	−0.060%	$14K	$63K	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3486	+0.039%	$13.4M	$2.8M	10x	as long as short
Binance TRXUSDT	+0.0100%	8h	0.3482	−0.076%	$107.0M	$65.3M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3482	−0.069%	$15.6M	$11.0M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3482	−0.069%	$9.6M	$3.3M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3482	−0.066%	$19.0M	$2.3M	200x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	0.3483	−0.055%	$8.5M	$3.3M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3482	−0.089%	$9.7M	$4.4M	75x	as long as short
Variational Omni TRX	+0.0100%	8h	0.3482	−0.077%	$577K	$37K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3484	−0.029%	$594K	$503K	20x	as long as short
ApeX Omni TRXUSDTlong	+0.0100%	1h	0.3485	long leg	$116K	$616K	50x
SunX TRX-USDT	+0.0100%	8h	0.3481	−0.113%	$198K	$1.4M	30x	as long as short
SoDEX TRX-USD	+0.0100%	1h	0.3482	−0.063%	$405	$5K	5x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3483	−0.049%	$3.9M	$2.0M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3481	−0.108%	$204K	$1.2M	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3480	−0.120%	$34K	—	3x	as long as short
BloFin TRX-USDT	+0.0220%	8h	0.3483	−0.055%	$4.8M	$4.1M	50x	as long as short
GMX TRX/USD [ETH-USDC]short	L +0.0411% / S −0.0492%	1h	0.3483	−0.039%	$20K	—	100x
Deribit TRX_USDC-PERPETUAL	+0.0445%	1h	0.3486	+0.034%	$819K	$744K	25x	as long as short