Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against BingX−0.052%7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.052%, 7d avg −0.047%
=Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TRX-USDT | 0.3491 | 0.0070 | pay 0.0070% / 8h | 2h 18m | — | $32.8M | — |
| Short | Variational Omni TRX | 0.3489 | 0.0100 | get 0.0100% / 8h | 2h 18m | $570K | $37K | — |
BingX TRX-USDT
Variational Omni TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- $6.3
- Price spread: −0.052% → −0.047%
- −$0.47
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$4.17
- Costs to cover
- 0.100%
- Break-even
- 11.6 days
Slippage unknown: BingX: live order book, 6 min ago; Variational Omni: RFQ quote, 31 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 BingX live order book, 6 min ago | 0.43 bp | 6.3 bp −$6 | 7.5 bp −$75 | 14.0 bp −$1,396 | 33.1 bp −$16.6K |
| Sell Variational Omni RFQ quote, 31 min ago | 5.73 bp | doesn't fit | 8.6 bp −$86 | 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 | 0.3490 | −0.011% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0023% | 1h | 0.3491 | +0.017% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3490 | −0.007% | $183K | $12K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0008% | 1h | 0.3491 | +0.008% | $123K | — | 150x | as long as short |
| HTX TRX-USDT | +0.0028% | 8h | 0.3488 | −0.080% | $834K | $928K | 75x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −1.424% | $1K | $163K | 12x | as long as short |
| BingX TRX-USDTlong | +0.0070% | 8h | 0.3491 | long leg | — | $32.8M | — | |
| Lighter TRX | +0.0096% | 1h | 0.3491 | 0.000% | $488K | $671K | 10x | as long as short |
| Paradex TRX-USD-PERP | +0.0100% | 8h | 0.3491 | −0.002% | $9K | $251 | 20x | as long as short |
| Orderly PERP_TRX_USDC | +0.0100% | 8h | 0.3491 | −0.006% | $14K | $60K | 20x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
HTX TRX-USDT
Injective TRX/USDC PERP
Lighter TRX
Paradex TRX-USD-PERP
Orderly PERP_TRX_USDCShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3494 | +0.092% | $13.3M | $2.7M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3491 | +0.009% | $968K | $701K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3491 | +0.017% | $107.3M | $62.4M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3491 | +0.009% | $54.0M | $12.2M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3492 | +0.032% | $15.5M | $10.4M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3491 | +0.017% | $9.7M | $3.1M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3491 | +0.014% | $18.9M | $2.2M | 200x | as long as short |
| KuCoin TRXUSDTM | +0.0100% | 8h | 0.3492 | +0.026% | $8.5M | $3.5M | 75x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3491 | −0.006% | $9.9M | $4.3M | 75x | as long as short |
| Backpack TRX_USDC_PERP | +0.0100% | 1h | 0.3490 | −0.023% | $63K | $5K | 10x | as long as short |
| Variational Omni TRXshort | +0.0100% | 8h | 0.3489 | −0.052% | $570K | $37K | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3490 | −0.022% | $595K | $475K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3489 | −0.037% | $116K | $581K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3489 | −0.045% | $198K | $1.3M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3491 | +0.017% | $409 | $5K | 5x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3491 | +0.017% | $4.0M | $2.0M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3490 | −0.020% | $195K | $1.1M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3489 | −0.034% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3490 | −0.020% | $4.7M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0411% / S −0.0492% | 1h | 0.3491 | −0.003% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0414% | 1h | 0.3492 | +0.046% | $2.4M | $1.8M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0778% | 1h | 0.3495 | +0.125% | $904K | $668K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
KuCoin TRXUSDTM
Bitget TRXUSDT
Backpack TRX_USDC_PERP
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL