Funding you earn now, next payment 00:00 UTC−0.0145%/8h= −15.9% APRnext payment −$1.45 per $10,000 · paid last 24h −0.039%
Price spread now: Variational Omni against Bitget+0.022%7-day average −0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.078%−$8 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now +0.022%, 7d avg −0.037%
=Together, before fees−0.134%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.058% dearer against Bitget than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.037%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TRXUSDT | 0.3439 | 0.0063 | pay 0.0063% / 8h | 3h 13m | $9.4M | $2.1M | 75x |
| Short | Variational Omni TRX | 0.3440 | −0.0082 | pay 0.0082% / 8h | 3h 13m | $562K | $39K | — |
Bitget TRXUSDT
Variational Omni TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- −$30.41
- Price spread: +0.022% → −0.037%
- $5.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$36.57
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, 15 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 Bitget live order book, 5 min ago | 0.14 bp | 7.5 bp −$7 | 11.5 bp −$115 | 28.5 bp −$2,852 | doesn't fit |
| Sell Variational Omni RFQ quote, 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3439 | +0.010% | $5 | — | 20x | as long as short |
| BingX TRX-USDT | −0.0104% | 8h | 0.3439 | +0.020% | — | $37.9M | — | as long as short |
| Bybit TRXUSDT | −0.0096% | 8h | 0.3439 | +0.006% | $54.8M | $7.9M | 75x | as long as short |
| Variational Omni TRXshort | −0.0082% | 8h | 0.3440 | +0.022% | $562K | $39K | — | |
| Phoenix TRX | −0.0070% | 1h | 0.3441 | +0.058% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.0056% | 8h | 0.3439 | +0.017% | $952K | $634K | 75x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3442 | +0.093% | $1K | $77K | 12x | as long as short |
| Backpack TRX_USDC_PERP | −0.0046% | 1h | 0.3440 | +0.029% | $58K | $7K | 10x | as long as short |
| HTX TRX-USDT | −0.0031% | 8h | 0.3438 | −0.030% | $825K | $702K | 75x | as long as short |
| SoDEX TRX-USD | −0.0008% | 1h | 0.3439 | +0.017% | $402 | $5K | 5x | as long as short |
Reya TRXRUSDPERP
BingX TRX-USDT
Bybit TRXUSDT
Phoenix TRX
Aster TRXUSDT
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
HTX TRX-USDT
SoDEX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | −0.0002% | 8h | 0.3439 | +0.020% | $99.3M | $49.8M | 75x | as long as short |
| MEXC TRX_USDT | −0.0001% | 8h | 0.3439 | +0.020% | $17.1M | $1.6M | 200x | as long as short |
| Lighter TRX | 0.0000% | 1h | 0.3439 | +0.009% | $483K | $629K | 10x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3439 | −0.005% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.086% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0007% | 8h | 0.3439 | +0.012% | $15.6M | $8.8M | 50x | as long as short |
| dYdX TRX-USD | +0.0034% | 1h | 0.3441 | +0.054% | $183K | $6K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0038% | 8h | 0.3440 | +0.029% | $9K | $385 | 20x | as long as short |
| Bitget TRXUSDTlong | +0.0063% | 8h | 0.3439 | long leg | $9.4M | $2.1M | 75x | |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3438 | −0.019% | $33K | — | 3x | as long as short |
| Phemex TRXUSDT | +0.0082% | 8h | 0.3440 | +0.029% | $3.8M | $1.7M | 50x | as long as short |
| Orderly PERP_TRX_USDC | +0.0086% | 8h | 0.3440 | +0.041% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.084% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3440 | +0.023% | $9.7M | $2.5M | 75x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3438 | −0.023% | $8.7M | $3.6M | 75x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3440 | +0.035% | $587K | $444K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.076% | $115K | $537K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3441 | +0.072% | $196K | $913K | 30x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0116% | 1h | 0.3441 | +0.074% | $1.9M | $999K | 25x | as long as short |
| BloFin TRX-USDT | +0.0118% | 8h | 0.3440 | +0.047% | $4.6M | $4.0M | 50x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0334% | 1h | 0.3444 | +0.139% | $828K | $409K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0350% / S −0.0367% | 1h | 0.3441 | +0.065% | $19K | — | 100x | as long as short |
Binance TRXUSDT
MEXC TRX_USDT
Lighter TRX
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
dYdX TRX-USD
Paradex TRX-USD-PERP
Aevo TRX-PERP
Phemex TRXUSDT
Orderly PERP_TRX_USDC
Hyperliquid TRX
Gate TRX_USDT
KuCoin TRXUSDTM
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]