Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Variational Omni+0.089%7-day average +0.057% · 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)+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.089%, 7d avg +0.057%
=Together, before fees+0.043%+ Points / potential airdropVariational Omni: Active · farm board+$4 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: MEXC is 0.032% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3477 | 0.0100 | pay 0.0100% / 8h | 19m 51s | $569K | $30K | — |
| Short | MEXC TRX_USDT | 0.3480 | 0.0100 | get 0.0100% / 8h | 19m 51s | $19.1M | $2.4M | 200x |
Variational Omni TRX
MEXC TRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.089% → +0.057%
- $3.23
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$0.77
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; MEXC: live order book, 4 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, 19 min ago | 4.31 bp | doesn't fit | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.14 bp | 2.9 bp −$3 | 3.8 bp −$38 | 6.5 bp −$647 | 28.4 bp −$14.2K |
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 | +0.062% | $5 | — | 20x | as long as short |
| HTX TRX-USDT | −0.0083% | 8h | 0.3478 | +0.031% | $834K | $958K | 75x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3483 | +0.170% | $5K | $13K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3479 | +0.070% | $182K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3481 | +0.121% | $126K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0011% | 1h | 0.3480 | +0.078% | $62K | $5K | 10x | as long as short |
| SoDEX TRX-USD | +0.0018% | 1h | 0.3480 | +0.081% | $407 | $5K | 5x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.032% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDC | +0.0070% | 8h | 0.3480 | +0.078% | — | $6.5M | — | as long as short |
| Paradex TRX-USD-PERP | +0.0085% | 8h | 0.3479 | +0.052% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
HTX TRX-USDT
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
SoDEX TRX-USD
Injective TRX/USDC PERP
BingX TRX-USDC
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 | 0.3480 | +0.087% | $487K | $674K | 10x | as long as short |
| Orderly PERP_TRX_USDC | +0.0100% | 8h | 0.3480 | +0.078% | $14K | $63K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3484 | +0.196% | $13.4M | $2.8M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3479 | +0.065% | $972K | $714K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3480 | +0.089% | $106.6M | $64.9M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3480 | +0.089% | $53.4M | $12.7M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3480 | +0.084% | $15.6M | $10.9M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3481 | +0.110% | $9.6M | $3.3M | 75x | as long as short |
| MEXC TRX_USDTshort | +0.0100% | 8h | 0.3480 | +0.089% | $19.1M | $2.4M | 200x | |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3481 | +0.112% | $8.5M | $3.3M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3479 | +0.064% | $9.8M | $4.4M | 75x | as long as short |
| Variational Omni TRXlong | +0.0100% | 8h | 0.3477 | long leg | $569K | $30K | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3480 | +0.090% | $593K | $494K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3481 | +0.104% | $116K | $604K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3478 | +0.038% | $198K | $1.3M | 30x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3480 | +0.092% | $3.9M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3479 | +0.052% | $206K | $1.2M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3478 | +0.030% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3482 | +0.144% | $4.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0296% | 1h | 0.3480 | +0.092% | $2.3M | $1.9M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0370% | 1h | 0.3483 | +0.187% | $862K | $757K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0411% / S −0.0492% | 1h | 0.3480 | +0.103% | $20K | — | 100x | as long as short |
Lighter TRX
Orderly PERP_TRX_USDC
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate 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
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]