Funding you earn now, next payment 23:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.006%
Price spread now: edgeX against Injective0.000%7-day average +0.192% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 3 days (all we have)+0.063%+$6 · spread now 0.000%, 7d avg +0.192%
=Together, before fees−0.038%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.191% cheaper against Injective than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.192%). If the spread goes back, that is −$19 on $10k: about 2.9 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TRX/USDC PERP | 0.3441 | −0.0120 | get 0.0015% / 1h | 20m 37s | $1K | $163K | 12x |
| Short | edgeX TRXUSDC | 0.3441 | 0.0100 | get 0.0050% / 4h | 1h 20m | $587K | $431K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Injective. 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
- $46.3
- Price spread: 0.000% → +0.192%
- −$19.12
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $18.16
- Costs to cover
- 0.090%
- Break-even
- 4.3 days
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 63 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 63 min ago | 0.73 bp | 5.2 bp −$5 | 6.6 bp −$66 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3441 | −0.005% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERPlong | −0.0120% | 1h | 0.3441 | long leg | $1K | $163K | 12x | |
| Variational Omni TRX | −0.0078% | 8h | 0.3440 | −0.027% | $563K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.041% | $5K | $13K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0055% | 8h | 0.3441 | −0.012% | $8.7M | $3.6M | 75x | as long as short |
| Bybit TRXUSDT | −0.0053% | 8h | 0.3441 | 0.000% | $54.6M | $8.2M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0025% | 1h | 0.3441 | −0.003% | $58K | $4K | 10x | as long as short |
| HTX TRX-USDT | −0.0018% | 8h | 0.3441 | −0.005% | $826K | $718K | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3442 | +0.041% | $181K | $10K | 10x | as long as short |
| OKX TRX-USDT-SWAP | +0.0001% | 8h | 0.3441 | +0.003% | $15.6M | $8.8M | 50x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.049% | $121K | — | 150x | as long as short |
| Aster TRXUSDT | +0.0008% | 8h | 0.3441 | +0.008% | $957K | $658K | 75x | as long as short |
| Lighter TRX | +0.0016% | 1h | 0.3441 | −0.006% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0016% | 1h | 0.3441 | −0.012% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0016% | 8h | 0.3441 | +0.012% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0018% | 8h | 0.3442 | +0.023% | $99.3M | $48.3M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3443 | +0.065% | $1.9M | $1.0M | 25x | as long as short |
| SoDEX TRX-USD | +0.0037% | 1h | 0.3441 | +0.012% | $405 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0054% | 8h | 0.3441 | −0.008% | $9K | $385 | 20x | as long as short |
| BloFin TRX-USDT | +0.0066% | 8h | 0.3442 | +0.015% | $4.6M | $4.0M | 50x | as long as short |
| Phemex TRXUSDT | +0.0077% | 8h | 0.3442 | +0.015% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3440 | −0.040% | $33K | — | 3x | as long as short |
| Gate TRX_USDT | +0.0089% | 8h | 0.3441 | −0.009% | $9.6M | $2.5M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | +0.009% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.052% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3442 | +0.023% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3441 | 0.000% | — | $40.0M | — | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3441 | 0.000% | $587K | $431K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3443 | +0.046% | $115K | $547K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.055% | $196K | $918K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0235% | 1h | 0.3444 | +0.100% | $832K | $411K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.029% | $20K | — | 100x | as long as short |
Injective TRX/USDC PERP
edgeX TRXUSDC
Variational Omni TRX
Phoenix TRX
KuCoin TRXUSDTM
Bybit TRXUSDT
Backpack TRX_USDC_PERP
HTX TRX-USDT
OKX TRX-USDT-SWAP
gTrade (Gains Network) TRX/USD
Aster TRXUSDT
Lighter TRX
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Kraken Futures PF_TRXUSD
SoDEX TRX-USD
Paradex TRX-USD-PERP
BloFin TRX-USDT
Phemex TRXUSDT
Gate TRX_USDT
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
ApeX Omni TRXUSDT
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]