TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0149%/8h= −16.3% APRnext payment −$0.19 per $10,000 · paid last 24h +0.001%

Price spread now: Injective against gTrade (Gains Network)−0.072%7-day average −0.234% · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.013%+$1 on $10k

Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.072%, 7d avg −0.234%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 0.162% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread −0.072% now, against its 7-day average of −0.234%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRX/USD	0.3443	L +0.0003% / S −0.0007%	pay 0.0000% / 1h	20m 51s	$121K	—	150x
Short	Injective TRX/USDC PERP	0.3441	−0.0146	pay 0.0018% / 1h	20m 51s	$1K	$163K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.072%Rate

Funding earned: −$31.24
Price spread: −0.072% → −0.234%: $16.22
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$25.05
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 58 min ago; Injective: 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), 58 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 Injective no order-book sample	—	—	—	—	—

Injective: 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
Injective TRX/USDC PERPshort	−0.0146%	1h	0.3441	−0.072%	$1K	$163K	12x
Reya TRXRUSDPERP	−0.0133%	1h	0.3442	−0.051%	$5	—	20x	as long as short
KuCoin TRXUSDTM	−0.0091%	8h	0.3442	−0.049%	$8.7M	$3.6M	75x	as long as short
Backpack TRX_USDC_PERP	−0.0079%	1h	0.3442	−0.040%	$58K	$4K	10x	as long as short
Phoenix TRX	−0.0070%	1h	0.3442	−0.046%	$5K	$13K	10x	as long as short
Variational Omni TRX	−0.0031%	8h	0.3441	−0.071%	$563K	$36K	—	as long as short
HTX TRX-USDT	−0.0020%	8h	0.3440	−0.089%	$827K	$730K	75x	as long as short
Bybit TRXUSDT	−0.0019%	8h	0.3442	−0.058%	$54.6M	$8.1M	75x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3443	−0.026%	$181K	$10K	10x	as long as short
gTrade (Gains Network) TRX/USDlong	L +0.0003% / S −0.0007%	1h	0.3443	long leg	$121K	—	150x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TRX-USDT-SWAP	+0.0024%	8h	0.3442	−0.040%	$15.6M	$8.8M	50x	as long as short
MEXC TRX_USDT	+0.0031%	8h	0.3443	−0.029%	$18.2M	$1.9M	200x	as long as short
Extended TRX-USD	+0.0032%	1h	0.3441	−0.058%	$196K	$1.1M	25x	as long as short
Binance TRXUSDT	+0.0033%	8h	0.3443	−0.028%	$99.3M	$47.9M	75x	as long as short
Kraken Futures PF_TRXUSD	+0.0062%	1h	0.3444	+0.007%	$1.9M	$1.0M	25x	as long as short
Aster TRXUSDT	+0.0065%	8h	0.3444	+0.018%	$956K	$659K	75x	as long as short
Paradex TRX-USD-PERP	+0.0072%	8h	0.3442	−0.049%	$9K	$385	20x	as long as short
SoDEX TRX-USD	+0.0075%	1h	0.3442	−0.035%	$400	$5K	5x	as long as short
Phemex TRXUSDT	+0.0083%	8h	0.3443	−0.029%	$3.8M	$1.6M	50x	as long as short
Gate TRX_USDT	+0.0085%	8h	0.3442	−0.037%	$9.6M	$2.5M	75x	as long as short
Aevo TRX-PERP	+0.0088%	1h	0.3440	−0.087%	$33K	—	3x	as long as short
Lighter TRX	+0.0088%	1h	0.3442	−0.043%	$482K	$630K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0091%	8h	0.3442	−0.046%	$14K	$107K	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3444	+0.019%	$13.2M	$2.2M	10x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3442	−0.032%	$9.5M	$2.2M	75x	as long as short
BingX TRX-USDC	+0.0100%	8h	0.3442	−0.040%	—	$6.5M	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3440	−0.103%	$587K	$442K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3441	−0.061%	$115K	$567K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3443	−0.002%	$196K	$926K	30x	as long as short
BloFin TRX-USDT	+0.0131%	8h	0.3443	−0.020%	$4.6M	$4.0M	50x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0366% / S −0.0395%	1h	0.3443	−0.012%	$20K	—	100x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0461%	1h	0.3446	+0.078%	$832K	$417K	25x	as long as short