Funding you earn now, next payment 08:00 UTC+0.0143%/8h= +15.6% APRnext payment +$1.43 per $10,000 · paid last 24h +0.011%
Price spread now: Variational Omni against KuCoin−0.079%7-day average −0.051% · 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)−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.079%, 7d avg −0.051%
=Together, before fees+0.002%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.051%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRXUSDTM | 0.3458 | −0.0086 | get 0.0086% / 8h | 7h 14m | $8.7M | $3.5M | 75x |
| Short | Variational Omni TRX | 0.3455 | 0.0057 | get 0.0057% / 8h | 7h 14m | $564K | $37K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- $29.98
- Price spread: −0.079% → −0.051%
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $15.22
- Costs to cover
- 0.120%
- Break-even
- 3.4 days
Slippage unknown: KuCoin: live order book, 3 min ago; Variational Omni: RFQ quote, 59 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 KuCoin live order book, 3 min ago | 1.01 bp | 14.0 bp −$14 | 110.3 bp −$1,103 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 59 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 | 0.3457 | −0.017% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTMlong | −0.0086% | 8h | 0.3458 | long leg | $8.7M | $3.5M | 75x | |
| Phoenix TRX | −0.0046% | 1h | 0.3457 | −0.023% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3456 | −0.038% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3458 | +0.022% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.483% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0044% | 1h | 0.3457 | −0.020% | $58K | $4K | 10x | as long as short |
| Variational Omni TRXshort | +0.0057% | 8h | 0.3455 | −0.079% | $564K | $37K | — | |
| Extended TRX-USD | +0.0080% | 1h | 0.3457 | −0.024% | $194K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0080% | 8h | 0.3458 | +0.006% | $18.5M | $1.9M | 200x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0083% | 8h | 0.3458 | +0.006% | $100.8M | $48.2M | 75x | as long as short |
| HTX TRX-USDT | +0.0086% | 8h | 0.3456 | −0.035% | $830K | $755K | 75x | as long as short |
| Paradex TRX-USD-PERP | +0.0091% | 8h | 0.3457 | −0.024% | $9K | $251 | 20x | as long as short |
| OKX TRX-USDT-SWAP | +0.0092% | 8h | 0.3458 | +0.023% | $15.5M | $8.4M | 50x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3458 | −0.006% | $15K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3458 | −0.003% | $484K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3460 | +0.064% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3457 | −0.006% | $957K | $664K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3457 | −0.017% | $55.1M | $8.3M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3458 | +0.017% | $9.7M | $2.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3458 | +0.017% | $9.6M | $2.2M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3458 | 0.000% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3455 | −0.068% | $590K | $441K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3456 | −0.040% | $115K | $566K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3454 | −0.097% | $196K | $957K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3458 | +0.003% | $402 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3458 | −0.003% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3456 | −0.057% | $34K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3460 | +0.055% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0203% | 8h | 0.3458 | −0.003% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3458 | +0.004% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0479% | 1h | 0.3461 | +0.110% | $847K | $421K | 25x | as long as short |
KuCoin TRXUSDTM
Variational Omni TRX
Phoenix TRX
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
HTX TRX-USDT
Paradex TRX-USD-PERP
OKX TRX-USDT-SWAP
Lighter TRX
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL