TRX funding rates and arbitrage
Updated 2026-10-29 17:04 UTC
Best TRX arbitrage after every cost
| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| TRX | Perp ↔ perp | Kraken PF_TRXUSD | BloFin TRX-USDT | +$3.21 | +1.7% | $2.1K | Watch |
| TRX | Perp ↔ perp | Bybit TRXUSDT | BloFin TRX-USDT | +$13.17 † | +6.9% | — | Watch |
| TRX | Perp ↔ perp | Bybit TRXUSDT | Binance TRXUSDT | +$6.35 † | +3.3% | — | Watch |
| TRX | Perp ↔ perp | Bybit TRXUSDT | BingX TRX-USDT | +$6.34 † | +3.3% | — | Watch |
| TRX | Perp ↔ perp | OKX TRX-USDT-SWAP | BloFin TRX-USDT | — | — | — | Watch |
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry. † slippage estimated from the top of the book (no live order book for this pair); ‡ before slippage (no order book at all).
TRX funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | TRX-USDT | 0.0400% | 8 h | +43.8% | +7.7% | $3.2M | 2026-10-30 00:00 |
| Extended | TRX-USD | 0.0013% | 1 h | +11.4% | −8.1% | $223.3K | 2026-10-29 18:00 |
| KuCoin | TRXUSDTM | 0.0100% | 8 h | +10.9% | −2.2% | $6M | 2026-10-30 00:00 |
| Bitunix | TRXUSDT | 0.0100% | 8 h | +10.9% | −7.4% | — | 2026-10-30 00:00 |
| MEXC | TRX_USDT | 0.0100% | 8 h | +10.9% | −7.2% | $8.6M | 2026-10-30 00:00 |
| WhiteBIT | TRX_PERP | 0.0100% | 8 h | +10.9% | −3.9% | $18.7M | 2026-10-30 00:00 |
| ApeX | TRX-USDT | 0.0013% | 1 h | +10.9% | +8.5% | $196.9K | 2026-10-29 18:00 |
| Bitget | TRXUSDT | 0.0100% | 8 h | +10.9% | −8.4% | $9.3M | 2026-10-30 00:00 |
| WOO X | PERP_TRX_USDT | 0.0100% | 8 h | +10.9% | −7.2% | $3.7K | 2026-10-30 00:00 |
| LBank | TRXUSDT | 0.0100% | 8 h | +10.9% | — | — | 2026-10-30 00:00 |
| BingX | TRX-USDT | 0.0100% | 8 h | +10.9% | −1.8% | $3.9M | 2026-10-30 00:00 |
| Variational | TRX-PERP | 0.0100% | 8 h | +10.9% | — | $555.2K | 2026-10-30 00:00 |
| Binance | TRXUSDT | 0.0100% | 8 h | +10.9% | −7.2% | $86.8M | 2026-10-30 00:00 |
| Hyperliquid | TRX | 0.0013% | 1 h | +10.9% | −6.5% | $11.6M | 2026-10-29 18:00 |
| Lighter RH | TRX | 0.0012% | 1 h | +10.5% | −3.4% | $101.2K | 2026-10-29 18:00 |
| Paradex | TRX-USD-PERP | 0.0051% | 8 h | +5.6% | — | $8.5K | 2026-10-30 00:00 |
| Lighter | TRX | 0.0006% | 1 h | +5.3% | −3.1% | $248.7K | 2026-10-29 18:00 |
| Aster | TRXUSDT | 0.0037% | 8 h | +4.1% | −5.2% | $774.4K | 2026-10-30 00:00 |
| Phemex | TRXUSDT | 0.0025% | 8 h | +2.7% | — | $3.7M | 2026-10-30 00:00 |
| OKX | TRX-USDT-SWAP | 0.0025% | 8 h | +2.7% | −10.8% | $13.8M | 2026-10-30 00:00 |
| Bitfinex | tTRXF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $138.7K | 2026-10-30 00:00 |
| dYdX | TRX-USD | 0.0000% | 1 h | 0.0% | +0.9% | $165K | 2026-10-29 18:00 |
| TXFlow | TRX-USDC | -0.0002% | 1 h | −2.2% | — | $53.7K | 2026-10-29 18:00 |
| Gate | TRX_USDT | -0.0027% | 8 h | −3.0% | −5.2% | $39M | 2026-10-30 00:00 |
| Bybit | TRXUSDT | -0.0047% | 8 h | −5.1% | −13.9% | $49.5M | 2026-10-30 00:00 |
| Backpack | TRX_USDC_PERP | -0.0011% | 1 h | −9.4% | −17.1% | $147.4K | 2026-10-29 18:00 |
| Phoenix | TRX | -0.0012% | 1 h | −10.6% | −12.5% | — | 2026-10-29 18:00 |
| Kraken | PF_TRXUSD | -0.0018% | 1 h | −16.0% | −10.3% | $2.3M | 2026-10-29 18:00 |
| HTX | TRX-USDT | -0.0170% | 8 h | −18.6% | −2.5% | $618.7K | 2026-10-30 00:00 |
Borrow TRX to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 2.49% | $240K |
| Bitget | 7.92% | — |
| Binance | 10.76% | — |
| OKX | 13.57% | — |
| Bybit | 16.14% | — |
Cost to enter $10,000 of TRX
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | TRX_USDT | 2.2 bp | live order book |
| Extended | TRX-USD | 3.5 bp | order-book snapshot, 5 min old |
| Lighter RH | TRX | 4.9 bp | order-book snapshot, 56 min old |
| BingX | TRX-USDT | 5.2 bp | live order book |
| Binance | TRXUSDT | 5.2 bp | live order book |
| OKX | TRX-USDT-SWAP | 6.5 bp | live order book |
| BloFin | TRX-USDT | 7.1 bp | live order book |
| Kraken | PF_TRXUSD | 7.7 bp | live order book |
| Bitget | TRXUSDT | 10.1 bp | live order book |
| Binance | TRXUSDT (spot) | 11.5 bp | live order book |
| Bybit | TRXUSDT (spot) | 11.5 bp | live order book |
| OKX | TRX-USDT (spot) | 11.8 bp | live order book |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on TRX
Questions
Is TRX funding-rate arbitrage profitable right now?
Not right now. At $10,000 per side for 7 days the best TRX pair (Bybit / BloFin) would net +$13.17 after taker fees, order-book slippage and carry, but it is on watch rather than actionable; the live page shows what holds it back.
Which exchange has the highest TRX funding rate?
BloFin at +43.8% a year (0.0400% every 8 h); the lowest is HTX at −18.6%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.