Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against Variational Omni−0.053%7-day average +0.050% · 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)+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.053%, 7d avg +0.050%
=Together, before fees+0.185%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.103% cheaper against Variational Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3475 | 0.0100 | pay 0.0100% / 8h | 6h 12m | $567K | $36K | — |
| Short | Gate TRX_USDT | 0.3473 | 0.0100 | get 0.0100% / 8h | 6h 12m | $9.7M | $2.8M | 75x |
Variational Omni TRX
Gate TRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.053% → +0.050%
- −$10.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$25.31
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; Gate: live order book, 1 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, 57 min ago | 5.78 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 0.86 bp | 12.7 bp −$13 | 24.1 bp −$241 | 32.9 bp −$3,287 | 59.0 bp −$29.5K |
TRX on 31 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 | 0.3472 | −0.078% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3476 | +0.027% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3472 | −0.073% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3473 | −0.055% | $122K | — | 150x | as long as short |
| KuCoin TRXUSDTM | +0.0030% | 8h | 0.3473 | −0.039% | $8.7M | $3.5M | 75x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.974% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0078% | 1h | 0.3472 | −0.076% | $59K | $4K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0096% | 8h | 0.3472 | −0.074% | $14K | $122K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3473 | −0.062% | $484K | $663K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0098% | 8h | 0.3471 | −0.108% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
KuCoin TRXUSDTM
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
Orderly PERP_TRX_USDC
Lighter TRX
Paradex TRX-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3474 | −0.019% | $13.0M | $2.5M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3474 | −0.023% | $959K | $673K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3473 | −0.048% | $103.3M | $53.6M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3473 | −0.042% | $54.2M | $10.5M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3473 | −0.062% | $15.6M | $9.0M | 50x | as long as short |
| Gate TRX_USDTshort | +0.0100% | 8h | 0.3473 | −0.053% | $9.7M | $2.8M | 75x | |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3473 | −0.059% | $18.9M | $2.0M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3474 | −0.022% | $10.3M | $3.3M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3473 | −0.051% | — | $6.5M | — | as long as short |
| Variational Omni TRXlong | +0.0100% | 8h | 0.3475 | long leg | $567K | $36K | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3472 | −0.083% | $592K | $464K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3472 | −0.076% | $115K | $562K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3470 | −0.152% | $197K | $1.1M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3473 | −0.059% | $407 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3473 | −0.068% | $835K | $808K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3473 | −0.053% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3472 | −0.081% | $194K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3471 | −0.112% | $34K | — | 3x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3473 | −0.063% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0524% | 1h | 0.3474 | −0.021% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0772% | 1h | 0.3477 | +0.056% | $806K | $469K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL