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: Bybit against Variational Omni+0.033%7-day average +0.034% · 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)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.033%, 7d avg +0.034%
=Together, before fees−0.034%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3480 | 0.0100 | pay 0.0100% / 8h | 24m 19s | $569K | $30K | — |
| Short | Bybit TRXUSDT | 0.3481 | 0.0100 | get 0.0100% / 8h | 24m 19s | $53.4M | $12.7M | 75x |
Variational Omni TRX
Bybit TRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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: +0.033% → +0.034%
- −$0.08
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$11.08
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 15 min ago; Bybit: live order book, 10 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 Variational Omni RFQ quote, 15 min ago | 4.31 bp | doesn't fit | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 1.44 bp | 9.2 bp −$9 | 11.3 bp −$113 | 43.8 bp −$4,380 | 209.0 bp −$104.5K |
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 | 0.3480 | −0.003% | $5 | — | 20x | as long as short |
| HTX TRX-USDT | −0.0082% | 8h | 0.3480 | −0.002% | $834K | $958K | 75x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3483 | +0.085% | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3481 | +0.042% | $182K | $12K | 10x | as long as short |
| Backpack TRX_USDC_PERP | +0.0003% | 1h | 0.3480 | +0.007% | $62K | $5K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3481 | +0.035% | $126K | — | 150x | as long as short |
| SoDEX TRX-USD | +0.0013% | 1h | 0.3481 | +0.027% | $408 | $5K | 5x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.117% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3481 | +0.019% | — | $32.6M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0085% | 8h | 0.3480 | +0.005% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
HTX TRX-USDT
Phoenix TRX
dYdX TRX-USD
Backpack TRX_USDC_PERP
gTrade (Gains Network) TRX/USD
SoDEX TRX-USD
Injective TRX/USDC PERP
BingX TRX-USDT
Paradex TRX-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | +0.0096% | 1h | 0.3481 | +0.019% | $487K | $674K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0100% | 8h | 0.3481 | +0.021% | $14K | $63K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3485 | +0.139% | $13.4M | $2.8M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3480 | +0.010% | $973K | $714K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3481 | +0.030% | $106.7M | $64.1M | 75x | as long as short |
| Bybit TRXUSDTshort | +0.0100% | 8h | 0.3481 | +0.033% | $53.4M | $12.7M | 75x | |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3480 | +0.016% | $15.7M | $10.8M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3481 | +0.021% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3481 | +0.030% | $19.1M | $2.3M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3481 | +0.039% | $8.5M | $3.3M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3480 | +0.004% | $9.8M | $4.3M | 75x | as long as short |
| Variational Omni TRXlong | +0.0100% | 8h | 0.3480 | long leg | $569K | $30K | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3482 | +0.062% | $594K | $478K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3483 | +0.085% | $116K | $602K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3479 | −0.017% | $198K | $1.3M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3481 | +0.030% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3480 | −0.010% | $206K | $1.2M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3479 | −0.022% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3482 | +0.062% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0296% | 1h | 0.3482 | +0.059% | $2.4M | $1.9M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0411% / S −0.0492% | 1h | 0.3481 | +0.043% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0503% | 1h | 0.3484 | +0.128% | $872K | $747K | 25x | as long as short |
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
Kraken Futures PF_TRXUSD
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL