Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.4% APRpaid last 24h +0.006%
Price spread now: Orderly against edgeX+0.009%49s7-day average +0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.009%, 7d avg +0.019%
=Together, before fees+0.100%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TRXUSDC | 0.3477 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $593K | $466K | 20x |
| Short | Orderly PERP_TRX_USDC | 0.3477 | 0.0097 | get 0.0097% / 8h | 6h 01m | $14K | $122K | 20x |
edgeX TRXUSDC
Orderly PERP_TRX_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against edgeX. 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
- −$0.71
- Price spread: +0.009% → +0.019%
- −$0.91
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.63
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 2 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 edgeX live order book, 2 min ago | 0.72 bp | 5.2 bp −$5 | 6.6 bp −$66 | doesn't fit | doesn't fit |
| 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 31 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 | 0.3478 | +0.034% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3478 | +0.050% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3478 | +0.049% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3478 | +0.026% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.026% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | +0.0052% | 8h | 0.3478 | +0.050% | $8.7M | $3.5M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0084% | 1h | 0.3477 | +0.001% | $59K | $4K | 10x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3477 | +0.018% | $485K | $663K | 10x | as long as short |
| Orderly PERP_TRX_USDCshort | +0.0097% | 8h | 0.3477 | +0.009% | $14K | $122K | 20x | |
| Paradex TRX-USD-PERP | +0.0098% | 8h | 0.3477 | +0.013% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Lighter TRX
Paradex TRX-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3479 | +0.070% | $13.0M | $2.5M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3478 | +0.034% | $961K | $673K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3478 | +0.030% | $103.5M | $53.7M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3478 | +0.047% | $54.2M | $10.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3478 | +0.047% | $15.6M | $9.0M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3478 | +0.035% | $9.7M | $2.8M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3478 | +0.030% | $19.0M | $2.1M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3479 | +0.061% | $10.3M | $3.3M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3478 | +0.035% | — | $6.5M | — | as long as short |
| Variational Omni TRX | +0.0100% | 8h | 0.3473 | −0.109% | $567K | $36K | — | as long as short |
| edgeX TRXUSDClong | +0.0100% | 4h | 0.3477 | long leg | $593K | $466K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3477 | +0.021% | $116K | $563K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3473 | −0.106% | $197K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3478 | +0.035% | $408 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3475 | −0.035% | $838K | $814K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3478 | +0.035% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3478 | +0.026% | $194K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3476 | −0.031% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3477 | +0.014% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0523% | 1h | 0.3479 | +0.065% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0722% | 1h | 0.3481 | +0.128% | $816K | $478K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
Variational Omni TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL