Funding you earn now, next payment 00:00 UTC+0.0186%/8h= +20.4% APRpaid last 24h +0.020%
Price spread now: edgeX against Variational Omni+0.029%7-day average +0.032% · 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)−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)+0.026%+$3 · spread now +0.029%, 7d avg +0.032%
=Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.040% in total (about -4.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3440 | −0.0086 | get 0.0086% / 8h | 1h 54m | $563K | $39K | — |
| Short | edgeX TRXUSDC | 0.3441 | 0.0100 | get 0.0050% / 4h | 1h 54m | $587K | $432K | 20x |
Variational Omni TRX
edgeX TRXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $39.12
- Price spread: +0.029% → +0.032%
- −$0.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $29.81
- Costs to cover
- 0.090%
- Break-even
- 1.7 days
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; edgeX: live order book, 29 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, 29 min ago | 5.82 bp | doesn't fit | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 29 min ago | 0.73 bp | 5.2 bp −$5 | 6.6 bp −$66 | 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 | +0.032% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3442 | +0.052% | $36K | $146K | 12x | as long as short |
| Variational Omni TRXlong | −0.0086% | 8h | 0.3440 | long leg | $563K | $39K | — | |
| Bybit TRXUSDT | −0.0080% | 8h | 0.3441 | +0.023% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.058% | $5K | $13K | 10x | as long as short |
| Aster TRXUSDT | −0.0026% | 8h | 0.3441 | +0.018% | $952K | $638K | 75x | as long as short |
| HTX TRX-USDT | −0.0020% | 8h | 0.3441 | +0.017% | $826K | $713K | 75x | as long as short |
| KuCoin TRXUSDTM | −0.0013% | 8h | 0.3442 | +0.038% | $8.7M | $3.7M | 75x | as long as short |
| SoDEX TRX-USD | −0.0004% | 1h | 0.3442 | +0.043% | $403 | $5K | 5x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.073% | $181K | $10K | 10x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Bybit TRXUSDT
Phoenix TRX
Aster TRXUSDT
HTX TRX-USDT
KuCoin TRXUSDTM
SoDEX TRX-USD
dYdX TRX-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.091% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0004% | 8h | 0.3441 | +0.035% | $15.6M | $8.8M | 50x | as long as short |
| MEXC TRX_USDT | +0.0005% | 8h | 0.3442 | +0.049% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0006% | 8h | 0.3442 | +0.049% | $99.3M | $48.8M | 75x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3441 | +0.035% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0008% | 1h | 0.3441 | +0.022% | $196K | $1.1M | 25x | as long as short |
| BloFin TRX-USDT | +0.0024% | 8h | 0.3442 | +0.046% | $4.6M | $4.0M | 50x | as long as short |
| Backpack TRX_USDC_PERP | +0.0025% | 1h | 0.3441 | +0.035% | $58K | $4K | 10x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3444 | +0.101% | $1.9M | $972K | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0055% | 8h | 0.3442 | +0.045% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0076% | 8h | 0.3442 | +0.049% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3440 | +0.004% | $33K | — | 3x | as long as short |
| BingX TRX-USDT | +0.0084% | 8h | 0.3441 | +0.029% | — | $40.0M | — | as long as short |
| Bitget TRXUSDT | +0.0086% | 8h | 0.3442 | +0.049% | $9.4M | $2.1M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3442 | +0.049% | $14K | $107K | 20x | as long as short |
| Gate TRX_USDT | +0.0097% | 8h | 0.3442 | +0.038% | $9.7M | $2.5M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.090% | $13.2M | $2.2M | 10x | as long as short |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3441 | +0.029% | $587K | $432K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3442 | +0.043% | $115K | $546K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3444 | +0.108% | $196K | $919K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0180% | 1h | 0.3446 | +0.157% | $833K | $411K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3443 | +0.076% | $20K | — | 100x | as long as short |
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Binance TRXUSDT
Lighter TRX
Extended TRX-USD
BloFin TRX-USDT
Backpack TRX_USDC_PERP
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
BingX TRX-USDT
Bitget TRXUSDT
Orderly PERP_TRX_USDC
Gate TRX_USDT
Hyperliquid TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]