Funding you earn now, next payment 01:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.17 per $10,000 · paid last 24h −0.041%
Price spread now: Reya against gTrade (Gains Network)−0.049%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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Reya is 0.049% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3449 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 52m 51s | $121K | — | 150x |
| Short | Reya TRXRUSDPERP | 0.3447 | −0.0133 | pay 0.0017% / 1h | 52m 51s | $5 | — | 20x |
gTrade (Gains Network) TRX/USD
Reya TRXRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$28.63
- Price spread: −0.049% → 0.000%
- −$4.91
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$49.55
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 21 min ago; Reya: 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), 21 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 Reya no order-book sample | — | — | — | — | — |
Reya: 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 TRXRUSDPERPshort | −0.0133% | 1h | 0.3447 | −0.049% | $5 | — | 20x | |
| KuCoin TRXUSDTM | −0.0088% | 8h | 0.3447 | −0.050% | $8.7M | $3.6M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3447 | −0.044% | $5K | $14K | 10x | as long as short |
| Variational Omni TRX | −0.0004% | 8h | 0.3446 | −0.084% | $563K | $36K | — | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3449 | −0.008% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3449 | long leg | $121K | — | 150x | |
| Backpack TRX_USDC_PERP | +0.0028% | 1h | 0.3447 | −0.059% | $58K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.230% | $1K | $163K | 12x | as long as short |
| OKX TRX-USDT-SWAP | +0.0044% | 8h | 0.3448 | −0.038% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDT | +0.0047% | 8h | 0.3448 | −0.041% | $18.3M | $1.9M | 200x | as long as short |
KuCoin TRXUSDTM
Phoenix TRX
Variational Omni TRX
dYdX TRX-USD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
OKX TRX-USDT-SWAP
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0047% | 8h | 0.3448 | −0.037% | $99.9M | $48.4M | 75x | as long as short |
| Extended TRX-USD | +0.0048% | 1h | 0.3447 | −0.068% | $193K | $1.1M | 25x | as long as short |
| Gate TRX_USDT | +0.0067% | 8h | 0.3447 | −0.044% | $9.6M | $2.4M | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0080% | 8h | 0.3448 | −0.040% | $9K | $385 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3447 | −0.050% | $14K | $107K | 20x | as long as short |
| HTX TRX-USDT | +0.0093% | 8h | 0.3447 | −0.044% | $828K | $734K | 75x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3447 | −0.050% | $482K | $628K | 10x | as long as short |
| Aevo TRX-PERP | +0.0096% | 1h | 0.3446 | −0.099% | $33K | — | 3x | as long as short |
| Aster TRXUSDT | +0.0099% | 8h | 0.3448 | −0.038% | $957K | $660K | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3449 | +0.008% | $13.2M | $2.2M | 10x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3447 | −0.053% | $54.7M | $8.0M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3448 | −0.038% | $9.4M | $2.1M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3448 | −0.032% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3445 | −0.101% | $589K | $437K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3445 | −0.102% | $115K | $572K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3447 | −0.048% | $196K | $941K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3448 | −0.038% | $403 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3448 | −0.032% | $3.8M | $1.6M | 50x | as long as short |
| BloFin TRX-USDT | +0.0167% | 8h | 0.3447 | −0.050% | $4.6M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0173% | 1h | 0.3449 | +0.013% | $2.1M | $1.3M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3448 | −0.031% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0507% | 1h | 0.3451 | +0.068% | $833K | $417K | 25x | as long as short |
Binance TRXUSDT
Extended TRX-USD
Gate TRX_USDT
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDC
HTX TRX-USDT
Lighter TRX
Aevo TRX-PERP
Aster TRXUSDT
Hyperliquid TRX
Bybit TRXUSDT
Bitget TRXUSDT
BingX TRX-USDT
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