TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: ApeX Omni against gTrade (Gains Network)+0.022%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$291as in the Price arb table

costs, in and out, $10k−$2952.951% of the position

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.099%+$10 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.022%, 7d avg −0.016%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.039% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRX/USD	0.3486	L +0.0003% / S −0.0008%	pay 0.0000% / 1h	2m 56s	$123K	—	150x
Short	ApeX Omni TRXUSDT	0.3487	0.0100	get 0.0013% / 1h	2m 56s	$116K	$580K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ApeX OmnibpOrdersPrice spread, now +0.022%Rate

Funding earned: $20.31
Price spread: +0.022% → −0.016%: $3.85
Slippage, 4 orders: −$275.14
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$270.97
Costs to cover: 2.951%
Break-even: 100.4 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 46 min ago; ApeX Omni: live order book, 45 min ago.

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 gTrade (Gains Network) virtual book (oracle venue), 46 min ago	130.02 bp	135.0 bp −$135	224.8 bp −$2,248	2109.1 bp −$210.9K	10777.2 bp −$5.39M
Sell ApeX Omni live order book, 45 min ago	4.59 bp	12.5 bp −$13	130.8 bp −$1,308	doesn't fit	doesn't fit

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	0.3485	−0.019%	$5	—	20x	as long as short
Phoenix TRX	−0.0023%	1h	0.3489	+0.102%	$5K	$14K	10x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3486	+0.013%	$183K	$12K	10x	as long as short
gTrade (Gains Network) TRX/USDlong	L +0.0003% / S −0.0008%	1h	0.3486	long leg	$123K	—	150x
HTX TRX-USDT	+0.0006%	8h	0.3485	−0.032%	$833K	$932K	75x	as long as short
Injective TRX/USDC PERP	+0.0033%	1h	0.3441	−1.289%	$1K	$163K	12x	as long as short
BingX TRX-USDC	+0.0070%	8h	0.3486	+0.011%	—	$6.5M	—	as long as short
Lighter TRX	+0.0096%	1h	0.3486	+0.002%	$487K	$671K	10x	as long as short
Paradex TRX-USD-PERP	+0.0100%	8h	0.3486	−0.010%	$9K	$251	20x	as long as short
Orderly PERP_TRX_USDC	+0.0100%	8h	0.3486	+0.002%	$14K	$60K	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	0.3489	+0.091%	$13.2M	$2.7M	10x	as long as short
Aster TRXUSDT	+0.0100%	8h	0.3486	+0.002%	$966K	$701K	75x	as long as short
Binance TRXUSDT	+0.0100%	8h	0.3487	+0.025%	$107.2M	$62.6M	75x	as long as short
Bybit TRXUSDT	+0.0100%	8h	0.3486	+0.002%	$53.6M	$12.5M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3486	+0.013%	$15.5M	$10.5M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3487	+0.016%	$9.7M	$3.2M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3486	+0.013%	$18.9M	$2.2M	200x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	0.3487	+0.022%	$8.5M	$3.4M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3485	−0.021%	$9.9M	$4.3M	75x	as long as short
Backpack TRX_USDC_PERP	+0.0100%	1h	0.3486	−0.012%	$62K	$5K	10x	as long as short
Variational Omni TRX	+0.0100%	8h	0.3486	−0.001%	$570K	$37K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3486	+0.005%	$594K	$473K	20x	as long as short
ApeX Omni TRXUSDTshort	+0.0100%	1h	0.3487	+0.022%	$116K	$580K	50x
SunX TRX-USDT	+0.0100%	8h	0.3485	−0.039%	$198K	$1.3M	30x	as long as short
SoDEX TRX-USD	+0.0100%	1h	0.3486	+0.013%	$410	$5K	5x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3487	+0.025%	$4.0M	$2.0M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3485	−0.030%	$195K	$1.1M	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3485	−0.040%	$34K	—	3x	as long as short
BloFin TRX-USDT	+0.0220%	8h	0.3486	+0.002%	$4.7M	$4.0M	50x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0410% / S −0.0492%	1h	0.3486	+0.012%	$20K	—	100x	as long as short
Kraken Futures PF_TRXUSD	+0.0415%	1h	0.3487	+0.040%	$2.4M	$1.8M	25x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.1276%	1h	0.3492	+0.176%	$909K	$680K	25x	as long as short