Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against Binance−0.041%7-day average −0.057% · 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)−0.056%−$6 on $10k
+Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.041%, 7d avg −0.057%
=Together, before fees−0.067%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRXUSDT | 0.3443 | 0.0037 | pay 0.0037% / 8h | 11m 06s | $99.3M | $47.9M | 75x |
| Short | Variational Omni TRX | 0.3442 | −0.0023 | pay 0.0023% / 8h | 11m 06s | $563K | $36K | — |
Binance TRXUSDT
Variational Omni TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$12.49
- Price spread: −0.041% → −0.057%
- $1.58
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.92
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Binance live order book, 2 min ago | 0.14 bp | 5.2 bp −$5 | 8.2 bp −$82 | 29.2 bp −$2,924 | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 5.81 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.0146% | 1h | 0.3441 | −0.070% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3442 | −0.030% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0095% | 8h | 0.3443 | −0.018% | $8.7M | $3.6M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0076% | 1h | 0.3443 | −0.012% | $58K | $4K | 10x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3444 | +0.020% | $5K | $13K | 10x | as long as short |
| Variational Omni TRXshort | −0.0023% | 8h | 0.3442 | −0.041% | $563K | $36K | — | |
| HTX TRX-USDT | −0.0019% | 8h | 0.3442 | −0.053% | $827K | $731K | 75x | as long as short |
| Bybit TRXUSDT | −0.0012% | 8h | 0.3443 | −0.021% | $54.6M | $8.1M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3444 | +0.028% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3444 | +0.027% | $121K | — | 150x | as long as short |
Injective TRX/USDC PERP
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Phoenix TRX
HTX TRX-USDT
Bybit TRXUSDT
dYdX TRX-USD
gTrade (Gains Network) TRX/USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0028% | 8h | 0.3443 | −0.018% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDT | +0.0036% | 8h | 0.3444 | +0.005% | $18.2M | $1.9M | 200x | as long as short |
| Binance TRXUSDTlong | +0.0037% | 8h | 0.3443 | long leg | $99.3M | $47.9M | 75x | |
| Extended TRX-USD | +0.0040% | 1h | 0.3442 | −0.034% | $196K | $1.1M | 25x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3444 | +0.029% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0074% | 8h | 0.3443 | −0.026% | $9K | $385 | 20x | as long as short |
| Aster TRXUSDT | +0.0075% | 8h | 0.3444 | +0.014% | $956K | $660K | 75x | as long as short |
| Lighter TRX | +0.0080% | 1h | 0.3443 | −0.024% | $482K | $630K | 10x | as long as short |
| SoDEX TRX-USD | +0.0081% | 1h | 0.3443 | −0.009% | $404 | $5K | 5x | as long as short |
| Gate TRX_USDT | +0.0082% | 8h | 0.3443 | −0.012% | $9.6M | $2.5M | 75x | as long as short |
| Phemex TRXUSDT | +0.0085% | 8h | 0.3443 | −0.006% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3442 | −0.054% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3443 | −0.024% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3445 | +0.040% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3443 | −0.006% | $9.5M | $2.2M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3443 | −0.012% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3443 | −0.017% | $588K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3444 | +0.008% | $115K | $568K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.004% | $196K | $927K | 30x | as long as short |
| BloFin TRX-USDT | +0.0147% | 8h | 0.3443 | −0.006% | $4.6M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3444 | +0.009% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0485% | 1h | 0.3447 | +0.096% | $832K | $417K | 25x | as long as short |
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Extended TRX-USD
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
Aster TRXUSDT
Lighter TRX
SoDEX TRX-USD
Gate TRX_USDT
Phemex TRXUSDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL