TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0481%/8h= +52.7% APRnext payment +$0.60 per $10,000 · paid last 24h +0.052%

Price spread now: GMX against dYdX−0.029%7-day average — · you buy dearer than you sell

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

Long on dYdX 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 0.029% cheaper against dYdX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX TRX-USD	0.3474	0	get 0.0000% / 1h	20m 38s	$183K	$10K	10x
Short	GMX TRX/USD [ETH-USDC]	0.3473	L +0.0404% / S −0.0481%	get 0.0060% / 1h	20m 38s	$20K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $101.1
Price spread: −0.029% → 0.000%: −$2.89
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $76.21
Costs to cover: 0.220%
Break-even: 1.7 days

Slippage unknown: dYdX: live order book, 38 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 dYdX live order book, 38 min ago	82.07 bp	87.1 bp −$87	91.2 bp −$912	111.1 bp −$11.1K	449.1 bp −$224.6K
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	0.3472	−0.075%	$5	—	20x	as long as short
Phoenix TRX	−0.0023%	1h	0.3477	+0.064%	$5K	$14K	10x	as long as short
dYdX TRX-USDlong	0.0000%	1h	0.3474	long leg	$183K	$10K	10x
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0008%	1h	0.3474	−0.023%	$122K	—	150x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	0.3441	−0.961%	$1K	$163K	12x	as long as short
Backpack TRX_USDC_PERP	+0.0038%	1h	0.3472	−0.071%	$62K	$5K	10x	as long as short
BingX TRX-USDT	+0.0070%	8h	0.3473	−0.054%	—	$32.8M	—	as long as short
Paradex TRX-USD-PERP	+0.0092%	8h	0.3472	−0.066%	$9K	$251	20x	as long as short
Lighter TRX	+0.0096%	1h	0.3472	−0.057%	$484K	$669K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0099%	8h	0.3473	−0.051%	$15K	$100K	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	0.3475	+0.018%	$13.1M	$2.6M	10x	as long as short
Aster TRXUSDT	+0.0100%	8h	0.3473	−0.031%	$962K	$696K	75x	as long as short
Binance TRXUSDT	+0.0100%	8h	0.3472	−0.060%	$105.2M	$58.8M	75x	as long as short
Bybit TRXUSDT	+0.0100%	8h	0.3473	−0.040%	$53.6M	$11.7M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3472	−0.065%	$15.5M	$9.9M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3473	−0.054%	$9.6M	$2.9M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3472	−0.060%	$18.8M	$2.1M	200x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	0.3473	−0.040%	$8.6M	$3.4M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3472	−0.057%	$10.3M	$3.3M	75x	as long as short
Variational Omni TRX	+0.0100%	8h	0.3472	−0.072%	$568K	$37K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3474	−0.007%	$592K	$473K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3476	+0.047%	$116K	$564K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3471	−0.101%	$197K	$1.2M	30x	as long as short
SoDEX TRX-USD	+0.0100%	1h	0.3472	−0.060%	$410	$5K	5x	as long as short
HTX TRX-USDT	+0.0100%	8h	0.3471	−0.094%	$833K	$854K	75x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3472	−0.057%	$3.9M	$1.9M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3471	−0.086%	$195K	$1.0M	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3471	−0.103%	$34K	—	3x	as long as short
BloFin TRX-USDT	+0.0220%	8h	0.3473	−0.042%	$4.7M	$3.9M	50x	as long as short
Kraken Futures PF_TRXUSD	+0.0261%	1h	0.3474	−0.024%	$2.4M	$1.7M	25x	as long as short
GMX TRX/USD [ETH-USDC]short	L +0.0404% / S −0.0481%	1h	0.3473	−0.029%	$20K	—	100x
Deribit TRX_USDC-PERPETUAL	+0.0545%	1h	0.3476	+0.052%	$842K	$504K	25x	as long as short