Funding you earn now, next payment 08:00 UTC+0.0162%/8h= +17.8% APRnext payment +$1.62 per $10,000 · paid last 24h +0.042%
Price spread now: Variational Omni against HTX+0.015%7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.015%, 7d avg −0.015%
=Together, before fees+0.116%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Variational Omni is 0.029% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TRX-USDT | 0.3487 | −0.0062 | get 0.0062% / 8h | 1h 08m | $834K | $942K | 75x |
| Short | Variational Omni TRX | 0.3488 | 0.0100 | get 0.0100% / 8h | 1h 08m | $570K | $37K | — |
HTX TRX-USDT
Variational Omni TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against HTX. 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
- $34.12
- Price spread: +0.015% → −0.015%
- $2.95
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $25.07
- Costs to cover
- 0.120%
- Break-even
- 1.9 days
Slippage unknown: HTX: live order book, 35 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 HTX live order book, 35 min ago | 2.42 bp | 12.3 bp −$12 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 36 min ago | 5.74 bp | doesn't fit | 8.6 bp −$86 | 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 | 0.3488 | +0.028% | $5 | — | 20x | as long as short |
| HTX TRX-USDTlong | −0.0062% | 8h | 0.3487 | long leg | $834K | $942K | 75x | |
| dYdX TRX-USD | 0.0000% | 1h | 0.3490 | +0.088% | $183K | $12K | 10x | as long as short |
| Phoenix TRX | 0.0000% | 1h | 0.3491 | +0.091% | $5K | $14K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3489 | +0.061% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.329% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3489 | +0.053% | — | $32.8M | — | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3489 | +0.059% | $488K | $671K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0100% | 8h | 0.3489 | +0.055% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0100% | 8h | 0.3489 | +0.056% | $14K | $60K | 20x | as long as short |
Reya TRXRUSDPERP
dYdX TRX-USD
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
BingX TRX-USDT
Lighter TRX
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3492 | +0.142% | $13.3M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3488 | +0.020% | $968K | $706K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3490 | +0.071% | $107.5M | $62.4M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3489 | +0.048% | $53.6M | $12.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3489 | +0.062% | $15.6M | $10.4M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3490 | +0.065% | $9.7M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3490 | +0.068% | $19.6M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3490 | +0.082% | $8.5M | $3.4M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3489 | +0.045% | $9.8M | $4.3M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3489 | +0.039% | $63K | $5K | 10x | as long as short |
| Variational Omni TRXshort | +0.0100% | 8h | 0.3488 | +0.015% | $570K | $37K | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3489 | +0.036% | $595K | $459K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3490 | +0.076% | $116K | $588K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3488 | +0.029% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3489 | +0.056% | $408 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3490 | +0.073% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3488 | +0.017% | $205K | $593K | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3488 | +0.018% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3489 | +0.059% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0252% | 1h | 0.3490 | +0.066% | $2.4M | $1.8M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0410% / S −0.0492% | 1h | 0.3490 | +0.062% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0991% | 1h | 0.3494 | +0.193% | $908K | $687K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Backpack TRX_USDC_PERP
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL