TRX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0167%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.039%

Price spread now: Injective against Reya−0.979%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Injective is 0.979% cheaper against Reya than usual: you would sell low and buy high (spread −0.979% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$98 on $10k: about 20 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TRXRUSDPERP	0.3475	−0.0133	get 0.0017% / 1h	52m 57s	$5	—	20x
Short	Injective TRX/USDC PERP	0.3441	0.0033	get 0.0004% / 1h	52m 57s	$1K	$163K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Reya. 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 ReyabpFee InjectivebpOrdersPrice spread, now −0.979%Rate

Funding earned: $34.97
Price spread: −0.979% → 0.000%: −$97.94
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$68.98
Costs to cover: 0.060%
Break-even: 20.8 days

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Reya and 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 exchanges

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
Aster TRXUSDT	−0.0328%	8h	0.3474	−0.015%	$962K	$929K	75x	as long as short
HTX TRX-USDT	−0.0218%	8h	0.3476	+0.026%	$832K	$885K	75x	as long as short
Reya TRXRUSDPERPlong	−0.0133%	1h	0.3475	long leg	$5	—	20x
Backpack TRX_USDC_PERP	−0.0066%	1h	0.3476	+0.036%	$57K	$8K	10x	as long as short
Phoenix TRX	−0.0046%	1h	0.3482	+0.198%	$5K	$14K	10x	as long as short
SoDEX TRX-USD	−0.0021%	1h	0.3477	+0.045%	$409	$5K	5x	as long as short
dYdX TRX-USD	0.0000%	1h	0.3479	+0.120%	$182K	$10K	10x	as long as short
gTrade (Gains Network) TRX/USD	L +0.0003% / S −0.0008%	1h	0.3478	+0.080%	$137K	—	150x	as long as short
Injective TRX/USDC PERPshort	+0.0033%	1h	0.3441	−0.979%	$1K	$163K	12x
BingX TRX-USDT	+0.0070%	8h	0.3476	+0.034%	—	$32.5M	—	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRX-USD-PERP	+0.0092%	8h	0.3476	+0.038%	$9K	$52	20x	as long as short
Lighter TRX	+0.0096%	1h	0.3477	+0.048%	$481K	$656K	10x	as long as short
Orderly PERP_TRX_USDC	+0.0099%	8h	0.3477	+0.048%	$14K	$71K	20x	as long as short
Hyperliquid TRX	+0.0100%	1h	0.3481	+0.157%	$14.3M	$2.7M	10x	as long as short
Binance TRXUSDT	+0.0100%	8h	0.3476	+0.039%	$106.7M	$63.8M	75x	as long as short
Bybit TRXUSDT	+0.0100%	8h	0.3475	+0.002%	$53.3M	$13.5M	75x	as long as short
OKX TRX-USDT-SWAP	+0.0100%	8h	0.3476	+0.025%	$15.4M	$11.4M	50x	as long as short
Gate TRX_USDT	+0.0100%	8h	0.3477	+0.048%	$9.5M	$3.3M	75x	as long as short
MEXC TRX_USDT	+0.0100%	8h	0.3477	+0.045%	$19.0M	$2.3M	200x	as long as short
KuCoin TRXUSDTM	+0.0100%	8h	0.3477	+0.051%	$8.5M	$3.4M	75x	as long as short
Bitget TRXUSDT	+0.0100%	8h	0.3475	+0.005%	$9.7M	$4.4M	75x	as long as short
Variational Omni TRX	+0.0100%	8h	0.3478	+0.074%	$576K	$28K	—	as long as short
edgeX TRXUSDC	+0.0100%	4h	0.3480	+0.136%	$593K	$502K	20x	as long as short
ApeX Omni TRXUSDT	+0.0100%	1h	0.3479	+0.120%	$117K	$620K	50x	as long as short
SunX TRX-USDT	+0.0100%	8h	0.3475	+0.001%	$197K	$1.3M	30x	as long as short
Phemex TRXUSDT	+0.0100%	8h	0.3478	+0.085%	$3.9M	$2.0M	50x	as long as short
Extended TRX-USD	+0.0104%	1h	0.3475	−0.015%	$211K	$1.1M	25x	as long as short
Aevo TRX-PERP	+0.0104%	1h	0.3475	−0.006%	$34K	—	3x	as long as short
BloFin TRX-USDT	+0.0220%	8h	0.3477	+0.042%	$4.8M	$4.0M	50x	as long as short
Kraken Futures PF_TRXUSD	+0.0269%	1h	0.3477	+0.049%	$2.4M	$1.8M	25x	as long as short
Deribit TRX_USDC-PERPETUAL	+0.0368%	1h	0.3480	+0.156%	$805K	$723K	25x	as long as short
GMX TRX/USD [ETH-USDC]	L +0.0408% / S −0.0492%	1h	0.3478	+0.088%	$20K	—	100x	as long as short