Funding you earn now, next payment 23:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against Paradex+0.053%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.053% dearer against Paradex than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex TRX-USD-PERP | 0.3440 | 0.0038 | pay 0.0038% / 8h | 1h 05m | $9K | $385 | 20x |
| Short | ApeX Omni TRXUSDT | 0.3441 | 0.0100 | get 0.0013% / 1h | 5m 45s | $115K | $551K | 50x |
Paradex TRX-USD-PERP
ApeX Omni TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Paradex. 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
- $12.98
- Price spread: +0.053% → 0.000%
- $5.3
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $4.29
- Costs to cover
- 0.140%
- Break-even
- 4.7 days
Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 12 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 Paradex no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 12 min ago | 4.65 bp | 19.6 bp −$20 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
Paradex: 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 | 0.3439 | −0.008% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.041% | $1K | $163K | 12x | as long as short |
| KuCoin TRXUSDTM | −0.0079% | 8h | 0.3439 | −0.008% | $8.7M | $3.6M | 75x | as long as short |
| Variational Omni TRX | −0.0070% | 8h | 0.3439 | −0.016% | $562K | $38K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3441 | +0.036% | $5K | $13K | 10x | as long as short |
| Bybit TRXUSDT | −0.0053% | 8h | 0.3439 | −0.005% | $54.6M | $8.2M | 75x | as long as short |
| HTX TRX-USDT | −0.0023% | 8h | 0.3438 | −0.032% | $826K | $721K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0009% | 1h | 0.3441 | +0.027% | $58K | $4K | 10x | as long as short |
| OKX TRX-USDT-SWAP | −0.0001% | 8h | 0.3440 | +0.007% | $15.6M | $8.8M | 50x | as long as short |
| Lighter TRX | 0.0000% | 1h | 0.3439 | −0.005% | $482K | $637K | 10x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Variational Omni TRX
Phoenix TRX
Bybit TRXUSDT
HTX TRX-USDT
Backpack TRX_USDC_PERP
OKX TRX-USDT-SWAP
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TRX-USD | 0.0000% | 1h | 0.3441 | +0.031% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3441 | +0.050% | $121K | — | 150x | as long as short |
| MEXC TRX_USDT | +0.0015% | 8h | 0.3440 | +0.007% | $18.1M | $1.7M | 200x | as long as short |
| Extended TRX-USD | +0.0016% | 1h | 0.3439 | −0.015% | $196K | $1.1M | 25x | as long as short |
| Binance TRXUSDT | +0.0016% | 8h | 0.3440 | +0.007% | $99.3M | $48.2M | 75x | as long as short |
| Aster TRXUSDT | +0.0017% | 8h | 0.3439 | −0.003% | $954K | $659K | 75x | as long as short |
| SoDEX TRX-USD | +0.0020% | 1h | 0.3440 | +0.009% | $401 | $5K | 5x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3441 | +0.047% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERPlong | +0.0038% | 8h | 0.3440 | long leg | $9K | $385 | 20x | |
| BloFin TRX-USDT | +0.0063% | 8h | 0.3439 | −0.011% | $4.6M | $4.0M | 50x | as long as short |
| Phemex TRXUSDT | +0.0075% | 8h | 0.3440 | +0.012% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0084% | 8h | 0.3440 | +0.004% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3438 | −0.039% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3440 | +0.007% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.059% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3440 | +0.007% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3440 | +0.018% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3439 | −0.006% | $587K | $430K | 20x | as long as short |
| ApeX Omni TRXUSDTshort | +0.0100% | 1h | 0.3441 | +0.053% | $115K | $551K | 50x | |
| SunX TRX-USDT | +0.0100% | 8h | 0.3442 | +0.062% | $196K | $918K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3441 | +0.039% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0375% | 1h | 0.3444 | +0.127% | $832K | $411K | 25x | as long as short |
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
MEXC TRX_USDT
Extended TRX-USD
Binance TRXUSDT
Aster TRXUSDT
SoDEX TRX-USD
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL