Funding you earn now, next payment 23:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.011%
Price spread now: Variational Omni against gTrade (Gains Network)−0.065%7-day average −0.077% · 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)−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.065%, 7d avg −0.077%
=Together, before fees+0.034%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TRX/USD | 0.3442 | L +0.0003% / S −0.0007% | pay 0.0000% / 1h | 52m 56s | $121K | — | 150x |
| Short | Variational Omni TRX | 0.3440 | −0.0086 | pay 0.0086% / 8h | 1h 52m | $563K | $39K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against gTrade (Gains Network). 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
- −$18.75
- Price spread: −0.065% → −0.077%
- $1.27
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$27.48
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 31 min ago; Variational Omni: RFQ quote, 31 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 gTrade (Gains Network) virtual book (oracle venue), 31 min ago | 130.01 bp | 135.0 bp −$135 | 224.8 bp −$2,248 | 2109.1 bp −$210.9K | 10777.2 bp −$5.39M |
| Sell Variational Omni RFQ quote, 31 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 | −0.056% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | −0.042% | $1K | $163K | 12x | as long as short |
| Variational Omni TRXshort | −0.0086% | 8h | 0.3440 | −0.065% | $563K | $39K | — | |
| Bybit TRXUSDT | −0.0080% | 8h | 0.3440 | −0.065% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3443 | +0.011% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.0025% | 8h | 0.3440 | −0.069% | $952K | $638K | 75x | as long as short |
| HTX TRX-USDT | −0.0019% | 8h | 0.3440 | −0.066% | $826K | $713K | 75x | as long as short |
| KuCoin TRXUSDTM | −0.0014% | 8h | 0.3440 | −0.071% | $8.7M | $3.6M | 75x | as long as short |
| Lighter TRX | 0.0000% | 1h | 0.3440 | −0.062% | $482K | $637K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.009% | $181K | $10K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRX/USDlong | L +0.0003% / S −0.0007% | 1h | 0.3442 | long leg | $121K | — | 150x | |
| OKX TRX-USDT-SWAP | +0.0003% | 8h | 0.3441 | −0.047% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDT | +0.0006% | 8h | 0.3441 | −0.044% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0008% | 8h | 0.3441 | −0.053% | $99.3M | $48.8M | 75x | as long as short |
| Extended TRX-USD | +0.0008% | 1h | 0.3440 | −0.068% | $196K | $1.1M | 25x | as long as short |
| Backpack TRX_USDC_PERP | +0.0016% | 1h | 0.3441 | −0.053% | $58K | $4K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3443 | +0.006% | $1.9M | $979K | 25x | as long as short |
| SoDEX TRX-USD | +0.0027% | 1h | 0.3441 | −0.050% | $406 | $5K | 5x | as long as short |
| BloFin TRX-USDT | +0.0030% | 8h | 0.3441 | −0.050% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0055% | 8h | 0.3441 | −0.047% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0076% | 8h | 0.3441 | −0.039% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.092% | $33K | — | 3x | as long as short |
| BingX TRX-USDT | +0.0084% | 8h | 0.3442 | −0.027% | — | $40.0M | — | as long as short |
| Bitget TRXUSDT | +0.0088% | 8h | 0.3441 | −0.039% | $9.4M | $2.1M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | −0.042% | $14K | $107K | 20x | as long as short |
| Gate TRX_USDT | +0.0097% | 8h | 0.3440 | −0.062% | $9.7M | $2.5M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | −0.004% | $13.2M | $2.2M | 10x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3442 | −0.026% | $587K | $433K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3442 | −0.018% | $115K | $547K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.007% | $196K | $918K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | −0.014% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0476% | 1h | 0.3445 | +0.064% | $832K | $411K | 25x | as long as short |
gTrade (Gains Network) TRX/USD
Variational Omni TRX
Injective TRX/USDC PERP
Bybit TRXUSDT
Phoenix TRX
Aster TRXUSDT
HTX TRX-USDT
KuCoin TRXUSDTM
Lighter TRX
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Binance TRXUSDT
Extended TRX-USD
Backpack TRX_USDC_PERP
Kraken Futures PF_TRXUSD
SoDEX TRX-USD
BloFin TRX-USDT
Paradex TRX-USD-PERP
Phemex TRXUSDT
BingX TRX-USDT
Bitget TRXUSDT
Gate TRX_USDT
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL