# TRX funding rates and arbitrage

Updated 2026-10-29 21:29 UTC · https://afterfees.xyz/coin/TRX

## Best TRX arbitrage after every cost

No TRX pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## TRX funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | TRX_PERP | 0.0100% | 8 h | +10.9% | −3.8% | $19.6M | 2026-10-30 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | TRX-USDC | 0.0013% | 1 h | +10.9% | — | $47.3K | 2026-10-29 21:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | TRX | 0.0013% | 1 h | +10.9% | −6.5% | $15.3M | 2026-10-29 22:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | TRXUSDT | 0.0099% | 8 h | +10.8% | −8.2% | $9.3M | 2026-10-30 00:00 |
| [Lighter RH](https://afterfees.xyz/venues/lighterrh) | TRX | 0.0012% | 1 h | +10.5% | −3.2% | $87.6K | 2026-10-29 22:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | TRXUSDT | 0.0030% | 8 h | +3.3% | — | $3.7M | 2026-10-30 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | TRXUSDT | 0.0027% | 8 h | +3.0% | −7.2% | — | 2026-10-30 00:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tTRXF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $164K | 2026-10-30 00:00 |
| [dYdX](https://afterfees.xyz/venues/dydx) | TRX-USD | 0.0000% | 1 h | 0.0% | +0.9% | $168.4K | 2026-10-29 22:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_TRX_USDT | -0.0020% | 8 h | −2.2% | −7.0% | $3.8K | 2026-10-30 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | TRX_USDT | -0.0023% | 8 h | −2.5% | −5.1% | $40.6M | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | TRX_USDT | -0.0029% | 8 h | −3.2% | −7.0% | $6.4M | 2026-10-30 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | TRXUSDT | -0.0029% | 8 h | −3.2% | — | — | 2026-10-30 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | TRX-USD | -0.0004% | 1 h | −3.5% | −7.5% | $211.1K | 2026-10-29 22:00 |
| [Variational](https://afterfees.xyz/venues/variational) | TRX-PERP | -0.0037% | 8 h | −4.0% | — | $590.9K | 2026-10-30 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | TRXUSDT | -0.0037% | 8 h | −4.0% | −7.0% | $90.7M | 2026-10-30 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | TRXUSDT | -0.0080% | 8 h | −8.8% | −5.1% | $791.7K | 2026-10-30 00:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | TRX-USDT | -0.0118% | 8 h | −12.9% | +7.5% | $3.3M | 2026-10-30 00:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | TRX | -0.0015% | 1 h | −13.3% | −12.4% | — | 2026-10-29 22:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | TRXUSDTM | -0.0126% | 8 h | −13.8% | −2.1% | $5.7M | 2026-10-30 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | TRXUSDT | -0.0183% | 8 h | −20.0% | −13.5% | $54.3M | 2026-10-30 00:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | TRX-USD-PERP | -0.0233% | 8 h | −25.5% | — | $8.7K | 2026-10-30 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | TRX-USDT | -0.0285% | 8 h | −31.2% | −1.8% | $6.2M | 2026-10-30 00:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | TRX | -0.0038% | 1 h | −33.3% | −3.1% | $231.8K | 2026-10-29 22:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_TRXUSD | -0.0038% | 1 h | −33.5% | −10.2% | $2.2M | 2026-10-29 22:00 |
| [OKX](https://afterfees.xyz/venues/okx) | TRX-USDT-SWAP | -0.0335% | 8 h | −36.7% | −10.5% | $15.2M | 2026-10-30 00:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | TRX-USDT | -0.0045% | 1 h | −39.0% | +8.3% | $200.1K | 2026-10-29 22:00 |
| [HTX](https://afterfees.xyz/venues/htx) | TRX-USDT | -0.0442% | 8 h | −48.4% | −2.4% | $738.2K | 2026-10-30 00:00 |
| [Backpack](https://afterfees.xyz/venues/backpack) | TRX_USDC_PERP | -0.0160% | 1 h | −140.2% | −17.7% | $150.1K | 2026-10-29 22:00 |

## Borrow TRX to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 2.49% | $240K |
| Bitget | 7.92% | — |
| Binance | 10.66% | — |
| OKX | 14.51% | — |
| Bybit | 16.14% | — |

## Cost to enter $10,000 of TRX

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Extended | TRX-USD | 2.9 bp | order-book snapshot, 32 min old |
| MEXC | TRX_USDT | 4.3 bp | live order book |
| BingX | TRX-USDT | 5.3 bp | live order book |
| Binance | TRXUSDT | 8.1 bp | live order book |
| Bitget | TRXUSDT | 9.6 bp | live order book |
| Lighter RH | TRX | 9.7 bp | order-book snapshot, 24 min old |
| Hyperliquid | TRX | 10.3 bp | live order book |
| OKX | TRX-USDT-SWAP | 11.2 bp | live order book |
| Kraken | PF_TRXUSD | 16.9 bp | live order book |
| HTX | TRX-USDT | 27.9 bp * | order-book snapshot, 8 min old |
| dYdX | TRX-USD | 99.8 bp | order-book snapshot, 59 min old |
| Lighter | TRX | 4.4 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## More on TRX

- [Borrow TRX: rates on every exchange](https://afterfees.xyz/borrow/TRX)
- [TRX transfer arbitrage](https://afterfees.xyz/transfers/TRX)

## Questions

**Is TRX funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no TRX pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest TRX funding rate?**

WhiteBIT at +10.9% a year (0.0100% every 8 h); the lowest is Backpack at −140.2%. 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._