TRX funding rates

TRX perpetual funding across 11 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
14.0%long Extended, short Bitget · net 9.6%
Highest funding now
−0.1%RWA Perp
Lowest funding now
−23.5%Aster
Listed on
11 venues

Funding by venue

7d chartFlagsOpen
RWA PerpPERP_TRX_USDC−0.1%−5.0%0.7%0.2%1.7%53%8h16:000.3311$15k$43kRwRWA Perp
BitgetCEXTRXUSDT−4.2%−2.5%−14.1%−6.4%−16.0%10%8h16:000.3314$9.4M$829kBgBitget
LighterTRX−7.0%2.7%−16.1%−9.4%−19.2%23%1h09:000.3314$301k$53kLiLighter
VariationalTRX−7.6%−15.0%−21.5%−20.7%−22.6%14%8h—0.3315$637k$396kVaVariational
HyperliquidTRX−9.5%−18.5%−18.7%−12.8%−18.7%21%1h—0.3314$14.4M$743kHyHyperliquid
ExtendedTRX-USD−17.5%−27.0%−28.0%−21.8%−28.2%0%1h09:000.331$290k$1.6MExExtended
MEXCCEXTRX_USDT−17.5%−29.4%−25.5%−20.3%−24.8%0%8h16:000.3313$12.1M$1.7MMxMEXC
BinanceCEXTRXUSDT−17.9%−29.4%−24.9%−16.7%−24.1%0%8h16:000.3314$98.4M$24.8MBnBinance
BybitCEXTRXUSDT−20.7%−15.4%−19.8%−19.6%−20.6%10%8h16:000.3314$52.5M$5.3MByBybit
GateCEXTRX_USDT−21.9%−14.2%−16.4%−12.5%−16.7%10%8h16:000.3314$79.9M$1.9MGtGate
AsterTRXUSDT−23.5%−18.6%−20.8%−15.9%−21.2%0%8h16:000.3316$844k$158kAsAster

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
ExtendedBitgetCEX13.4%24.5%14.0%15.4%9.6%14.3%4.4dsteady$290k1h/8hExBgcalc
ExtendedGateCEX−4.4%12.8%11.7%9.3%6.5%9.7%6.2dcooling$290k1h/8hExGtcalc
BinanceCEXBitgetCEX13.7%26.9%11.9%8.6%6.2%9.2%6.7dsteady$9.4MBnBgcalc
ExtendedHyperliquid8.1%8.6%9.3%9.1%5.7%8.5%5.5dsteady$290kExHycalc
ExtendedLighter10.5%29.7%11.9%12.5%10.6%15.9%1.5dspike ×3.3$290kExLicalc
ExtendedVariational9.9%12.0%6.6%1.1%5.3%7.9%2.8dsteady$290k1h/8hspread not incl.ExVacalc
VariationalBitgetCEX3.5%12.6%7.4%14.4%4.3%6.5%5.9dsteady$637kspread not incl.VaBgcalc
MEXCCEXLighter10.5%32.1%9.4%10.9%8.3%12.5%1.6dspike ×5.8$301k8h/1hMxLicalc
MEXCCEXGateCEX−4.4%15.1%9.1%7.8%4.1%6.2%7.6dcooling$12.1MMxGtcalc
ExtendedBybitCEX−3.2%11.7%8.2%2.2%4.0%6.1%7.1dcooling$290k1h/8hExBycalc
ExtendedAster−6.0%8.4%7.2%5.9%3.8%5.7%6.6dcooling$290k1h/8hExAscalc
MEXCCEXBitgetCEX13.4%26.9%11.4%13.9%7.2%10.9%5.1dspike ×3.0$9.4MMxBgcalc
BinanceCEXLighter10.9%32.1%9.5%8.9%6.9%10.3%3.8dspike ×6.0$301k8h/1hBnLicalc
MEXCCEXHyperliquid8.1%10.9%6.8%7.5%3.4%5.1%7.0dsteady$12.1M8h/1hMxHycalc
BinanceCEXGateCEX−4.0%15.1%8.6%6.3%2.1%3.1%11dcooling$79.9MBnGtcalc
MEXCCEXBybitCEX−3.2%14.0%5.6%0.7%1.7%2.6%9.7dweak$12.1MMxBycalc
MEXCCEXAster−6.0%10.7%4.6%4.3%1.5%2.2%9.5dweak$844kMxAscalc
MEXCCEXVariational9.9%14.3%4.0%−0.5%2.9%4.4%3.7dmixed$637kspread not incl.MxVacalc
VariationalLighter0.6%17.7%5.4%11.4%5.4%8.1%<0.1dspike ×5.3$301k8h/1hspread not incl.VaLicalc
AsterLighter16.5%21.3%4.7%6.6%2.6%4.0%6.2dspike ×10.8$301k8h/1hAsLicalc
BinanceCEXAster−5.7%10.7%5.9%6.3%1.2%1.8%11dcooling$844kBnAscalc
VariationalGateCEX−14.3%0.8%5.1%8.2%1.2%1.8%11dcooling$637kspread not incl.VaGtcalc
BinanceCEXBybitCEX−2.9%14.0%6.6%0.8%1.1%1.7%12dcooling$52.5MBnBycalc
BinanceCEXVariational10.2%14.3%4.7%−0.3%2.1%3.1%7.8dmixed$637kspread not incl.BnVacalc
AsterBitgetCEX19.4%16.1%6.8%9.6%1.6%2.4%11dspike ×3.1$844kAsBgcalc
BinanceCEXHyperliquid8.4%10.9%5.4%5.3%0.4%0.7%13dweak$14.4M8h/1hBnHycalc
BybitCEXLighter13.7%18.0%3.7%10.2%0.9%1.3%11dspike ×13.5$301k8h/1hByLicalc
ExtendedMEXCCEX0.0%−2.3%2.6%1.6%0.2%0.4%13dweak$290k1h/8hExMxcalc
VariationalHyperliquid−1.8%−3.4%2.8%8.0%0.4%0.7%12dmixed$637k8h/1hspread not incl.VaHycalc
HyperliquidLighter2.4%21.2%2.6%3.4%0.2%0.4%13dspike$301kHyLicalc
BybitCEXBitgetCEX16.6%12.9%5.8%13.2%−0.2%−0.3%15dweak$9.4MByBgcalc
ExtendedBinanceCEX−0.4%−2.3%2.7%1.7%−1.2%−1.8%20dweak$290k1h/8hExBncalc
AsterGateCEX1.6%4.4%4.5%3.4%−1.5%−2.3%19dweak$844kAsGtcalc
LighterBitgetCEX2.8%−5.2%2.1%3.0%−1.1%−1.6%21dmixed$301k1h/8hLiBgcalc
VariationalBybitCEX−13.1%−0.3%1.7%1.2%−1.2%−1.8%24dmixed$637kspread not incl.VaBycalc
VariationalAster−15.9%−3.6%0.6%4.8%−1.4%−2.2%45dmixed$637kspread not incl.VaAscalc
HyperliquidBitgetCEX5.3%16.0%4.7%6.4%−0.8%−1.2%16dspike ×5.8$9.4M1h/8hHyBgcalc
BybitCEXGateCEX−1.2%1.1%3.5%7.1%−3.3%−5.0%27dweak$52.5MByGtcalc
AsterHyperliquid14.1%0.2%2.1%3.2%−2.3%−3.4%29dmixed$844k8h/1hAsHycalc
AsterVariational15.9%3.6%−0.6%−4.8%−2.7%−4.1%—mixed$637kspread not incl.AsVacalc
BinanceCEXMEXCCEX0.4%0.0%0.0%0.0%−3.6%−5.4%>999dmixed$12.1MBnMxcalc
HyperliquidGateCEX−12.4%4.2%2.3%0.2%−3.9%−5.9%37dmixed$14.4M1h/8hHyGtcalc
AsterBybitCEX2.8%3.3%1.0%−3.6%−3.9%−5.9%69dmixed$844kAsBycalc
BybitCEXHyperliquid11.3%−3.1%1.1%6.8%−4.1%−6.1%65dmixed$14.4M8h/1hByHycalc
BybitCEXVariational13.1%0.3%−1.7%−1.2%−4.5%−6.8%—mixed$637kspread not incl.ByVacalc
GateCEXBitgetCEX17.7%11.8%2.3%6.1%−4.7%−7.1%43dmixed$9.4MGtBgcalc
HyperliquidVariational1.8%3.4%−2.8%−8.0%−5.1%−7.7%—mixed$637k1h/8hspread not incl.HyVacalc
BinanceCEXExtended0.4%2.3%−2.7%−1.7%−6.6%−10.0%—mixed$290k8h/1hBnExcalc
GateCEXLighter14.9%16.9%0.3%3.1%−3.7%−5.5%217dspike$301k8h/1hGtLicalc
AsterMEXCCEX6.0%−10.7%−4.6%−4.3%−7.8%−11.6%—mixed$844kAsMxcalc
GateCEXHyperliquid12.4%−4.2%−2.3%−0.2%−8.6%−12.9%—mixed$14.4M8h/1hGtHycalc
GateCEXVariational14.3%−0.8%−5.1%−8.2%−9.0%−13.6%—mixed$637kspread not incl.GtVacalc
BybitCEXMEXCCEX3.2%−14.0%−5.6%−0.7%−9.5%−14.3%—mixed$12.1MByMxcalc
GateCEXBybitCEX1.2%−1.1%−3.5%−7.1%−10.2%−15.4%—mixed$52.5MGtBycalc
AsterExtended6.0%−8.4%−7.2%−5.9%−10.6%−15.9%—mixed$290k8h/1hAsExcalc
AsterBinanceCEX5.7%−10.7%−5.9%−6.3%−10.6%−15.9%—mixed$844kAsBncalc
BybitCEXBinanceCEX2.9%−14.0%−6.6%−0.8%−12.1%−18.1%—mixed$52.5MByBncalc
BybitCEXExtended3.2%−11.7%−8.2%−2.2%−12.4%−18.6%—mixed$290k8h/1hByExcalc
GateCEXMEXCCEX4.4%−15.1%−9.1%−7.8%−14.1%−21.1%—mixed$12.1MGtMxcalc
GateCEXBinanceCEX4.0%−15.1%−8.6%−6.3%−15.1%−22.7%—mixed$79.9MGtBncalc
GateCEXExtended4.4%−12.8%−11.7%−9.3%−16.9%−25.3%—mixed$290k8h/1hGtExcalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 08:06 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Extended at 0.330995, sell on Aster at 0.331609: 0.185% before fees, 0.055% after taker fees.

TRX: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Aster0.331609Variational0.331467Hyperliquid0.33141Bybit0.33139Bitget0.33137Gate0.33137Binance0.331368Lighter0.33136MEXC0.33133RWA Perp0.3311Extended0.330995
Extended0.3309950.185%0.142%0.125%0.119%0.113%0.113%0.113%0.110%0.101%0.032%—
RWA Perp0.33110.154%0.111%0.094%0.088%0.082%0.082%0.081%0.078%0.069%—−0.032%
MEXC0.331330.084%0.041%0.024%0.018%0.012%0.012%0.011%0.009%—−0.069%−0.101%
Lighter0.331360.075%0.032%0.015%0.009%0.003%0.003%0.002%—−0.009%−0.078%−0.110%
Binance0.3313680.073%0.030%0.013%0.007%0.001%0.001%—−0.002%−0.011%−0.081%−0.113%
Bitget0.331370.072%0.029%0.012%0.006%—0.000%−0.001%−0.003%−0.012%−0.082%−0.113%
Gate0.331370.072%0.029%0.012%0.006%0.000%—−0.001%−0.003%−0.012%−0.082%−0.113%
Bybit0.331390.066%0.023%0.006%—−0.006%−0.006%−0.007%−0.009%−0.018%−0.088%−0.119%
Hyperliquid0.331410.060%0.017%—−0.006%−0.012%−0.012%−0.013%−0.015%−0.024%−0.094%−0.125%
Variational0.3314670.043%—−0.017%−0.023%−0.029%−0.029%−0.030%−0.032%−0.041%−0.111%−0.142%
Aster0.331609—−0.043%−0.060%−0.066%−0.072%−0.072%−0.073%−0.075%−0.084%−0.154%−0.185%
All quotes (11)
VenueBidAskQualityAgeVol 24hFlags
Aster0.3316090.331609mark4m$158kno FX
BinanceCEX0.3313680.331368mark4m$24.8Mno FX
BitgetCEX0.331370.33137mark4m$829kno FX
BybitCEX0.331390.33139mark4m$5.3Mno FX
Extended0.3309950.330995mark4m$1.6M
GateCEX0.331370.33137mark4m$1.9Mno FX
Hyperliquid0.331410.33141mark4m$743k
Lighter0.331360.33136mark4m$53k
MEXCCEX0.331330.33133mark4m$1.7Mno FX
RWA Perp0.33110.3311mark4m$43k
Variational0.3314670.331467mark4m$396k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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