TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.037%

Price spread now: GMX against Deribit−0.087%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on GMX

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

Funding pays, the price is against you. GMX is 0.087% cheaper against Deribit than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 4.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TRX_USDC-PERPETUAL	0.3445	0.0322	pay 0.0040% / 1h	7m 22s	$832K	$411K	25x
Short	GMX TRX/USD [ETH-USDC]	0.3442	L +0.0366% / S −0.0395%	get 0.0049% / 1h	7m 22s	$20K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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 DeribitbpFee GMXbpOrdersPrice spread, now −0.087%Rate

Funding earned: $15.22
Price spread: −0.087% → 0.000%: −$8.71
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$12.49
Costs to cover: 0.190%
Break-even: 12.7 days

Slippage unknown: Deribit: live order book, 17 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 Deribit live order book, 17 min ago	1.89 bp	6.4 bp −$6	doesn't fit	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	0.3440	−0.143%	$5	—	20x	as long as short
Variational Omni TRX	−0.0087%	8h	0.3440	−0.124%	$563K	$39K	—	as long as short
Bybit TRXUSDT	−0.0085%	8h	0.3441	−0.121%	$54.7M	$8.2M	75x	as long as short
Phoenix TRX	−0.0070%	1h	0.3442	−0.066%	$5K	$13K	10x	as long as short
Backpack TRX_USDC_PERP	−0.0053%	1h	0.3441	−0.109%	$58K	$4K	10x	as long as short
Injective TRX/USDC PERP	−0.0048%	1h	0.3440	−0.136%	$1K	$129K	12x	as long as short
Aster TRXUSDT	−0.0032%	8h	0.3441	−0.107%	$951K	$638K	75x	as long as short
HTX TRX-USDT	−0.0022%	8h	0.3440	−0.137%	$826K	$711K	75x	as long as short
KuCoin TRXUSDTM	0.0000%	8h	0.3440	−0.133%	$8.7M	$3.6M	75x	as long as short
MEXC TRX_USDT	+0.0003%	8h	0.3441	−0.101%	$17.9M	$1.7M	200x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0007%	1h	0.3442	−0.086%	$121K	—	150x	as long as short
Binance TRXUSDT	+0.0004%	8h	0.3441	−0.118%	$99.3M	$49.0M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0008%	8h	0.3440	−0.141%	$15.5M	$8.8M	50x	as long as short
Lighter TRX	+0.0008%	1h	0.3441	−0.115%	$482K	$639K	10x	as long as short
Extended TRX-USD	+0.0008%	1h	0.3439	−0.156%	$196K	$1.1M	25x	as long as short
BloFin TRX-USDT	+0.0013%	8h	0.3441	−0.107%	$4.6M	$4.0M	50x	as long as short
SoDEX TRX-USD	+0.0044%	1h	0.3441	−0.115%	$403	$5K	5x	as long as short
Paradex TRX-USD-PERP	+0.0060%	8h	0.3441	−0.118%	$9K	$385	20x	as long as short
BingX TRX-USDC	+0.0076%	8h	0.3441	−0.121%	—	$6.5M	—	as long as short
Phemex TRXUSDT	+0.0077%	8h	0.3441	−0.107%	$3.8M	$1.6M	50x	as long as short
Aevo TRX-PERP	+0.0080%	1h	0.3439	−0.160%	$33K	—	3x	as long as short
Bitget TRXUSDT	+0.0083%	8h	0.3441	−0.112%	$9.4M	$2.1M	75x	as long as short
Kraken Futures PF_TRXUSD	+0.0087%	1h	0.3442	−0.069%	$1.9M	$977K	25x	as long as short
Orderly PERP_TRX_USDC	+0.0089%	8h	0.3441	−0.107%	$14K	$107K	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3442	−0.078%	$13.2M	$2.2M	10x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3441	−0.121%	$9.7M	$2.5M	75x	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3441	−0.107%	$587K	$435K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3440	−0.136%	$115K	$544K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3443	−0.047%	$196K	$919K	30x	as long as short
dYdX TRX-USD	+0.0109%	1h	0.3443	−0.058%	$181K	$10K	10x	as long as short
Deribit TRX_USDC-PERPETUALlong	+0.0322%	1h	0.3445	long leg	$832K	$411K	25x
GMX TRX/USD [ETH-USDC]short	L +0.0366% / S −0.0395%	1h	0.3442	−0.087%	$20K	—	100x