TRX Funding Rate — live across 15 venues
Perpetual funding · compared across 15 venues · net of estimated fees · updated every few minutesLive annualized TRX perpetual funding across all 15 venues Perpia tracks. Right now TRX funding is positive on 14 and negative on 0, ranging from +10.9% on Hyperliquid to +0.0% on Ostium — a spread of 10.9%. The widest delta-neutral trade is long KuCoin / short MEXC at 8.0% net APR.
TRX funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
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Build a route
any two of the 15 venuesThis route is 1 pp below the widest one right now (Ostium → Hyperliquid). The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 15 venues| Venue | Funding APR ↓ | Interval | Use as |
|---|---|---|---|
| Hyperliquid↗ | +10.9% | every 1h | |
| BingX↗ | +10.9% | every 8h | |
| Bitget↗ | +10.9% | every 8h | |
| Bybit↗ | +10.9% | every 8h | |
| Variational↗ | +10.7% | every 8h | |
| Binance↗ | +10.6% | every 8h | |
| Extended↗ | +10.5% | every 1h | |
| Lighter↗ | +10.5% | every 8h | |
| MEXC↗short | +10.4% | every 8h | |
| Gate.io↗ | +8.8% | every 8h | |
| OKX↗ | +4.9% | every 8h | |
| HTX↗ | +3.3% | every 8h | |
| Aster↗ | +1.9% | every 8h | |
| KuCoin↗long | +0.8% | every 8h | |
| Ostium↗ | +0.0% | every 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the KuCoin vs MEXC page. 38 pairs scanned for TRX.
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TRX — FAQ
Is TRX funding positive right now?
TRX perpetual funding is positive on 14 of 15 venues Perpia tracks. The highest is +10.9% on Hyperliquid; the lowest is +0.0% on Ostium.
What is the best TRX funding arbitrage right now?
Go long KuCoin and short MEXC for about 8.0% net APR after fees — the widest delta-neutral TRX spread Perpia currently sees.
Which exchange has the highest TRX funding rate?
Hyperliquid, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How TRX funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to TRX
also quoted on both KuCoin and MEXCThe same two exchanges you would already have funded for the TRX trade. Every spread between them is on the KuCoin vs MEXC page.