Funding you earn now, next payment 00:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.69 per $10,000 · paid last 24h −0.011%
Price spread now: Variational Omni against Aster−0.124%7-day average −0.076% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.079%−$8 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.124%, 7d avg −0.076%
=Together, before fees−0.064%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.048% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.076%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TRXUSDT | 0.3443 | −0.0016 | get 0.0016% / 8h | 1h 41m | $953K | $656K | 75x |
| Short | Variational Omni TRX | 0.3439 | −0.0085 | pay 0.0085% / 8h | 1h 41m | $563K | $39K | — |
Aster TRXUSDT
Variational Omni TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.55
- Price spread: −0.124% → −0.076%
- −$4.82
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$27.37
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 41 min ago; Variational Omni: RFQ quote, 42 min ago. 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 Aster live order book, 41 min ago | 0.73 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 42 min ago | 5.82 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
TRX on 32 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3441 | −0.057% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | −0.071% | $1K | $163K | 12x | as long as short |
| Variational Omni TRXshort | −0.0085% | 8h | 0.3439 | −0.124% | $563K | $39K | — | |
| Bybit TRXUSDT | −0.0075% | 8h | 0.3441 | −0.059% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | −0.030% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0033% | 1h | 0.3442 | −0.056% | $58K | $4K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0027% | 8h | 0.3441 | −0.059% | $8.7M | $3.6M | 75x | as long as short |
| HTX TRX-USDT | −0.0020% | 8h | 0.3440 | −0.101% | $826K | $715K | 75x | as long as short |
| Aster TRXUSDTlong | −0.0016% | 8h | 0.3443 | long leg | $953K | $656K | 75x | |
| SoDEX TRX-USD | −0.0001% | 1h | 0.3442 | −0.050% | $402 | $5K | 5x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Bybit TRXUSDT
Phoenix TRX
Backpack TRX_USDC_PERP
KuCoin TRXUSDTM
HTX TRX-USDT
SoDEX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | −0.021% | $181K | $10K | 10x | as long as short |
| OKX TRX-USDT-SWAP | +0.0001% | 8h | 0.3442 | −0.056% | $15.6M | $8.8M | 50x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | −0.007% | $121K | — | 150x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3442 | −0.050% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0008% | 1h | 0.3441 | −0.068% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0008% | 8h | 0.3442 | −0.042% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0009% | 8h | 0.3442 | −0.041% | $99.3M | $48.4M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3444 | +0.007% | $1.9M | $1.0M | 25x | as long as short |
| BloFin TRX-USDT | +0.0034% | 8h | 0.3441 | −0.062% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0052% | 8h | 0.3442 | −0.055% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0071% | 8h | 0.3442 | −0.042% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3441 | −0.084% | $33K | — | 3x | as long as short |
| BingX TRX-USDC | +0.0089% | 8h | 0.3442 | −0.053% | — | $6.5M | — | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3442 | −0.050% | $14K | $107K | 20x | as long as short |
| Gate TRX_USDT | +0.0094% | 8h | 0.3442 | −0.053% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0095% | 8h | 0.3442 | −0.039% | $9.4M | $2.1M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3444 | +0.010% | $13.2M | $2.2M | 10x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3441 | −0.064% | $587K | $431K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3442 | −0.056% | $115K | $547K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.008% | $196K | $916K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3443 | −0.014% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0369% | 1h | 0.3446 | +0.064% | $833K | $411K | 25x | as long as short |
dYdX TRX-USD
OKX TRX-USDT-SWAP
gTrade (Gains Network) TRX/USD
Lighter TRX
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
BingX TRX-USDC
Orderly PERP_TRX_USDC
Gate TRX_USDT
Bitget TRXUSDT
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL