Funding you earn now, next payment 01:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h −0.030%
Price spread now: Orderly against dYdX−0.042%7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 3 days (all we have)−0.039%−$4 · spread now −0.042%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.236%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX TRX-USD | 0.3449 | 0 | get 0.0000% / 1h | 55m 28s | $181K | $10K | 10x |
| Short | Orderly PERP_TRX_USDC | 0.3447 | 0.0091 | get 0.0091% / 8h | 7h 55m | $14K | $107K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against dYdX. 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
- $19.11
- Price spread: −0.042% → −0.030%
- −$1.24
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $1.88
- Costs to cover
- 0.160%
- Break-even
- 6.3 days
Slippage unknown: dYdX: live order book, 19 min ago; Orderly: 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, 19 min ago | 64.67 bp | 72.0 bp −$72 | 72.2 bp −$722 | 75.6 bp −$7,564 | 390.5 bp −$195.3K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 0.3446 | −0.074% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0089% | 8h | 0.3447 | −0.036% | $8.7M | $3.6M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3446 | −0.068% | $5K | $14K | 10x | as long as short |
| Variational Omni TRX | −0.0004% | 8h | 0.3446 | −0.076% | $563K | $36K | — | as long as short |
| dYdX TRX-USDlong | 0.0000% | 1h | 0.3449 | long leg | $181K | $10K | 10x | |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3449 | −0.001% | $121K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.222% | $1K | $163K | 12x | as long as short |
| Gate TRX_USDT | +0.0037% | 8h | 0.3448 | −0.033% | $9.6M | $2.4M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0041% | 8h | 0.3447 | −0.054% | $15.6M | $8.8M | 50x | as long as short |
| Backpack TRX_USDC_PERP | +0.0044% | 1h | 0.3447 | −0.051% | $58K | $4K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TRX_USDT | +0.0045% | 8h | 0.3448 | −0.019% | $18.3M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0047% | 8h | 0.3448 | −0.028% | $99.7M | $48.4M | 75x | as long as short |
| Extended TRX-USD | +0.0048% | 1h | 0.3446 | −0.064% | $196K | $1.1M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0079% | 8h | 0.3447 | −0.045% | $9K | $385 | 20x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3446 | −0.084% | $33K | — | 3x | as long as short |
| Lighter TRX | +0.0088% | 1h | 0.3447 | −0.051% | $482K | $628K | 10x | as long as short |
| HTX TRX-USDT | +0.0090% | 8h | 0.3447 | −0.062% | $828K | $734K | 75x | as long as short |
| Orderly PERP_TRX_USDCshort | +0.0091% | 8h | 0.3447 | −0.042% | $14K | $107K | 20x | |
| Aster TRXUSDT | +0.0096% | 8h | 0.3448 | −0.013% | $957K | $660K | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3449 | +0.007% | $13.2M | $2.2M | 10x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3447 | −0.039% | $54.7M | $8.0M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3447 | −0.054% | $9.4M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3448 | −0.033% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3445 | −0.093% | $589K | $437K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3445 | −0.094% | $115K | $572K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3447 | −0.039% | $196K | $939K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3448 | −0.025% | $403 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3447 | −0.045% | $3.8M | $1.6M | 50x | as long as short |
| BloFin TRX-USDT | +0.0164% | 8h | 0.3447 | −0.056% | $4.6M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0173% | 1h | 0.3450 | +0.040% | $2.1M | $1.2M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3448 | −0.022% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0478% | 1h | 0.3451 | +0.069% | $833K | $417K | 25x | as long as short |
KuCoin TRXUSDTM
Phoenix TRX
Variational Omni TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Gate TRX_USDT
OKX TRX-USDT-SWAP
Backpack TRX_USDC_PERP
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
Paradex TRX-USD-PERP
Lighter TRX
HTX TRX-USDT
Aster TRXUSDT
Hyperliquid TRX
Bybit TRXUSDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL