Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.042%
Price spread now: HTX against Variational Omni−0.056%7-day average +0.014% · 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)−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.056%, 7d avg +0.014%
=Together, before fees−0.110%+ Points / potential airdropVariational Omni: Active · farm board−$11 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: HTX is 0.070% cheaper against Variational Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3478 | 0.0100 | pay 0.0100% / 8h | 4h 00m | $569K | $37K | — |
| Short | HTX TRX-USDT | 0.3476 | 0.0095 | get 0.0095% / 8h | 4h 00m | $834K | $857K | 75x |
Variational Omni TRX
HTX TRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$0.98
- Price spread: −0.056% → +0.014%
- −$6.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$19.96
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 58 min ago; HTX: live order book, 58 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, 58 min ago | 5.76 bp | doesn't fit | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell HTX live order book, 58 min ago | 4.52 bp | 10.5 bp −$11 | 17.5 bp −$175 | 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 | 0.3479 | +0.019% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3480 | +0.069% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3478 | +0.014% | $183K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3479 | +0.038% | $123K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.061% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0058% | 1h | 0.3478 | +0.006% | $62K | $5K | 10x | as long as short |
| BingX TRX-USDT | +0.0070% | 8h | 0.3479 | +0.035% | — | $32.8M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0094% | 8h | 0.3479 | +0.022% | $9K | $251 | 20x | as long as short |
| HTX TRX-USDTshort | +0.0095% | 8h | 0.3476 | −0.056% | $834K | $857K | 75x | |
| Lighter TRX | +0.0096% | 1h | 0.3479 | +0.032% | $485K | $669K | 10x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
BingX TRX-USDT
Paradex TRX-USD-PERP
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TRX_USDC | +0.0099% | 8h | 0.3479 | +0.020% | $15K | $44K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3482 | +0.112% | $13.1M | $2.6M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3480 | +0.051% | $964K | $696K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3479 | +0.045% | $105.5M | $58.8M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3479 | +0.020% | $53.7M | $11.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3480 | +0.064% | $15.5M | $9.9M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3479 | +0.035% | $9.7M | $3.0M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3479 | +0.043% | $18.9M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3479 | +0.038% | $8.6M | $3.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3479 | +0.035% | $10.4M | $3.3M | 75x | as long as short |
| Variational Omni TRXlong | +0.0100% | 8h | 0.3478 | long leg | $569K | $37K | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3478 | −0.005% | $593K | $473K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3478 | −0.003% | $116K | $567K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3478 | −0.007% | $198K | $1.2M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3479 | +0.041% | $411 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3479 | +0.041% | $3.9M | $1.9M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3478 | +0.008% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3477 | −0.014% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3479 | +0.038% | $4.7M | $3.9M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0261% | 1h | 0.3481 | +0.075% | $2.4M | $1.7M | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0404% / S −0.0481% | 1h | 0.3479 | +0.018% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0609% | 1h | 0.3483 | +0.133% | $844K | $504K | 25x | as long as short |
Orderly PERP_TRX_USDC
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
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