Funding you earn now, next payment 01:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h −0.022%
Price spread now: Variational Omni against Aevo+0.053%48s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.053% dearer against Aevo than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TRX-PERP | 0.3460 | 0.0104 | pay 0.0013% / 1h | 9m 29s | $34K | — | 3x |
| Short | Variational Omni TRX | 0.3462 | 0.0066 | get 0.0066% / 8h | 7h 09m | $565K | $37K | — |
Aevo TRX-PERP
Variational Omni TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aevo. 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
- −$8.07
- Price spread: +0.053% → 0.000%
- $5.29
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$18.79
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 65 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 65 min ago | 5.81 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.3461 | +0.019% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0079% | 8h | 0.3462 | +0.043% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3462 | +0.052% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3462 | +0.067% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3461 | +0.038% | $122K | — | 150x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.552% | $1K | $163K | 12x | as long as short |
| Backpack TRX_USDC_PERP | +0.0035% | 1h | 0.3460 | −0.014% | $59K | $4K | 10x | as long as short |
| Variational Omni TRXshort | +0.0066% | 8h | 0.3462 | +0.053% | $565K | $37K | — | |
| Extended TRX-USD | +0.0088% | 1h | 0.3460 | +0.011% | $194K | $1.0M | 25x | as long as short |
| MEXC TRX_USDT | +0.0088% | 8h | 0.3461 | +0.020% | $18.6M | $1.9M | 200x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Injective TRX/USDC PERP
Backpack TRX_USDC_PERP
Extended TRX-USD
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TRXUSDT | +0.0088% | 8h | 0.3461 | +0.023% | $101.1M | $48.8M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0092% | 8h | 0.3461 | +0.012% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0093% | 8h | 0.3460 | +0.010% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3461 | +0.023% | $484K | $632K | 10x | as long as short |
| HTX TRX-USDT | +0.0097% | 8h | 0.3460 | +0.003% | $831K | $776K | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0099% | 8h | 0.3461 | +0.026% | $15.5M | $8.5M | 50x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3463 | +0.075% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3460 | +0.007% | $957K | $666K | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3462 | +0.055% | $55.1M | $8.5M | 75x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3462 | +0.040% | $9.7M | $2.6M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3462 | +0.061% | $10.4M | $3.0M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3461 | +0.032% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3461 | +0.028% | $591K | $440K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3462 | +0.046% | $115K | $566K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3458 | −0.060% | $197K | $971K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3461 | +0.023% | $402 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3461 | +0.038% | $3.9M | $1.6M | 50x | as long as short |
| Aevo TRX-PERPlong | +0.0104% | 1h | 0.3460 | long leg | $34K | — | 3x | |
| Kraken Futures PF_TRXUSD | +0.0172% | 1h | 0.3463 | +0.079% | $2.3M | $1.5M | 25x | as long as short |
| BloFin TRX-USDT | +0.0207% | 8h | 0.3461 | +0.012% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0367% / S −0.0395% | 1h | 0.3462 | +0.049% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0648% | 1h | 0.3465 | +0.143% | $844K | $425K | 25x | as long as short |
Binance TRXUSDT
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
Lighter TRX
HTX TRX-USDT
OKX TRX-USDT-SWAP
Hyperliquid TRX
Aster TRXUSDT
Bybit TRXUSDT
Gate TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL