Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against BingX−0.093%7-day average −0.046% · 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)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.093%, 7d avg −0.046%
=Together, before fees+0.010%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.047% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRX-USDC | 0.3469 | 0.0100 | pay 0.0100% / 8h | 6h 33m | — | $6.5M | — |
| Short | Variational Omni TRX | 0.3466 | 0.0100 | get 0.0100% / 8h | 6h 33m | $566K | $37K | — |
BingX TRX-USDC
Variational Omni TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- $0
- Price spread: −0.093% → −0.046%
- −$4.73
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$14.73
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 36 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 BingX live order book, 8 min ago | 0.72 bp | 7.0 bp −$7 | 28.1 bp −$281 | 245.3 bp −$24.5K | 809.4 bp −$404.7K |
| Sell Variational Omni RFQ quote, 36 min ago | 5.78 bp | doesn't fit | 11.6 bp −$116 | doesn't fit | doesn't fit |
TRX on 31 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 | 0.3469 | −0.018% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3468 | −0.026% | $5K | $14K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0015% | 8h | 0.3469 | 0.000% | $8.7M | $3.5M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3468 | −0.022% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3469 | +0.003% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.813% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0045% | 1h | 0.3468 | −0.035% | $59K | $4K | 10x | as long as short |
| HTX TRX-USDT | +0.0093% | 8h | 0.3467 | −0.075% | $834K | $793K | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0094% | 8h | 0.3470 | +0.014% | $14K | $122K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3468 | −0.020% | $484K | $661K | 10x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
KuCoin TRXUSDTM
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
HTX TRX-USDT
Orderly PERP_TRX_USDC
Lighter TRXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRX-USD-PERP | +0.0097% | 8h | 0.3468 | −0.030% | $9K | $251 | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3471 | +0.037% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3468 | −0.027% | $958K | $669K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3469 | −0.015% | $102.8M | $50.7M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3470 | +0.012% | $54.9M | $9.6M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3470 | +0.014% | $15.5M | $8.7M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3469 | −0.012% | $9.7M | $2.6M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3469 | +0.003% | $18.5M | $2.0M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3469 | +0.003% | $10.4M | $3.2M | 75x | as long as short |
| BingX TRX-USDClong | +0.0100% | 8h | 0.3469 | long leg | — | $6.5M | — | |
| Variational Omni TRXshort | +0.0100% | 8h | 0.3466 | −0.093% | $566K | $37K | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3466 | −0.079% | $592K | $449K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3466 | −0.089% | $115K | $563K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3466 | −0.099% | $197K | $1.0M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3469 | −0.014% | $404 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3469 | −0.017% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3468 | −0.029% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3467 | −0.071% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3469 | −0.012% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0524% | 1h | 0.3470 | +0.031% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0615% | 1h | 0.3472 | +0.094% | $799K | $463K | 25x | as long as short |
Paradex TRX-USD-PERP
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL