Funding you earn now, next payment 01:00 UTC+0.0392%/8h= +42.9% APRnext payment +$0.49 per $10,000 · paid last 24h +0.092%
Price spread now: GMX against gTrade (Gains Network)−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3455 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 26m 01s | $122K | — | 150x |
| Short | GMX TRX/USD [ETH-USDC] | 0.3455 | L +0.0367% / S −0.0395% | get 0.0049% / 1h | 26m 01s | $20K | — | 100x |
gTrade (Gains Network) TRX/USD
GMX TRX/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $82.24
- Price spread: −0.014% → 0.000%
- −$1.42
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $58.82
- Costs to cover
- 0.220%
- Break-even
- 2.0 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 48 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 gTrade (Gains Network) virtual book (oracle venue), 48 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 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 | 0.3454 | −0.036% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0091% | 8h | 0.3457 | +0.031% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3457 | +0.034% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | +0.028% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3455 | long leg | $122K | — | 150x | |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.417% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0042% | 8h | 0.3454 | −0.043% | $565K | $36K | — | as long as short |
| Backpack TRX_USDC_PERP | +0.0047% | 1h | 0.3456 | +0.023% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | +0.0065% | 8h | 0.3457 | +0.032% | $830K | $753K | 75x | as long as short |
| MEXC TRX_USDT | +0.0069% | 8h | 0.3458 | +0.060% | $18.4M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
Injective TRX/USDC PERP
Variational Omni TRX
Backpack TRX_USDC_PERP
HTX TRX-USDT
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0070% | 8h | 0.3457 | +0.052% | $100.5M | $48.0M | 75x | as long as short |
| Extended TRX-USD | +0.0072% | 1h | 0.3456 | +0.016% | $194K | $1.3M | 25x | as long as short |
| OKX TRX-USDT-SWAP | +0.0076% | 8h | 0.3458 | +0.069% | $15.5M | $8.4M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0089% | 8h | 0.3454 | −0.027% | $9K | $313 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3455 | −0.021% | $15K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3457 | +0.037% | $484K | $630K | 10x | as long as short |
| Aevo TRX-PERP | +0.0096% | 1h | 0.3454 | −0.046% | $33K | — | 3x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3459 | +0.101% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3457 | +0.046% | $957K | $662K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3457 | +0.046% | $55.2M | $8.2M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3458 | +0.063% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3457 | +0.052% | $9.5M | $2.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3458 | +0.072% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3455 | −0.015% | $590K | $437K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3454 | −0.041% | $115K | $569K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3452 | −0.091% | $196K | $952K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3456 | +0.023% | $403 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3457 | +0.052% | $3.9M | $1.6M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3459 | +0.108% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0190% | 8h | 0.3454 | −0.044% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC]short | L +0.0367% / S −0.0395% | 1h | 0.3455 | −0.014% | $20K | — | 100x | |
| Deribit TRX_USDC-PERPETUAL | +0.0551% | 1h | 0.3459 | +0.108% | $835K | $407K | 25x | as long as short |
Binance TRXUSDT
Extended TRX-USD
OKX TRX-USDT-SWAP
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
Lighter TRX
Aevo TRX-PERP
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL