Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.030%
Price spread now: Variational Omni against Reya+0.074%7-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 airdropReya: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.074% dearer against Reya than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya TRXRUSDPERP | 0.3441 | −0.0133 | get 0.0017% / 1h | 24m 59s | $5 | — | 20x |
| Short | Variational Omni TRX | 0.3443 | −0.0033 | pay 0.0033% / 8h | 24m 59s | $563K | $36K | — |
Reya TRXRUSDPERP
Variational Omni TRXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Reya. 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
- $21.03
- Price spread: +0.074% → 0.000%
- $7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $22.41
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 54 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 Reya no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 54 min ago | 5.81 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TRX/USDC PERP | −0.0146% | 1h | 0.3441 | +0.013% | $1K | $163K | 12x | as long as short |
| Reya TRXRUSDPERPlong | −0.0133% | 1h | 0.3441 | long leg | $5 | — | 20x | |
| KuCoin TRXUSDTM | −0.0093% | 8h | 0.3441 | +0.016% | $8.7M | $3.6M | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0073% | 1h | 0.3441 | +0.007% | $58K | $4K | 10x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3445 | +0.126% | $5K | $13K | 10x | as long as short |
| Variational Omni TRXshort | −0.0033% | 8h | 0.3443 | +0.074% | $563K | $36K | — | |
| HTX TRX-USDT | −0.0021% | 8h | 0.3440 | −0.015% | $826K | $729K | 75x | as long as short |
| Bybit TRXUSDT | −0.0018% | 8h | 0.3441 | +0.013% | $54.6M | $8.0M | 75x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.059% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.051% | $121K | — | 150x | as long as short |
Injective TRX/USDC PERP
KuCoin TRXUSDTM
Backpack TRX_USDC_PERP
Phoenix TRX
HTX TRX-USDT
Bybit TRXUSDT
dYdX TRX-USD
gTrade (Gains Network) TRX/USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | +0.0022% | 8h | 0.3441 | +0.024% | $15.6M | $8.8M | 50x | as long as short |
| Extended TRX-USD | +0.0032% | 1h | 0.3440 | −0.006% | $196K | $1.1M | 25x | as long as short |
| MEXC TRX_USDT | +0.0032% | 8h | 0.3441 | +0.016% | $18.2M | $1.9M | 200x | as long as short |
| Binance TRXUSDT | +0.0032% | 8h | 0.3442 | +0.028% | $99.2M | $47.9M | 75x | as long as short |
| Aster TRXUSDT | +0.0061% | 8h | 0.3442 | +0.056% | $955K | $659K | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0062% | 1h | 0.3443 | +0.058% | $1.9M | $1.0M | 25x | as long as short |
| Paradex TRX-USD-PERP | +0.0071% | 8h | 0.3441 | +0.009% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0085% | 8h | 0.3441 | +0.013% | $3.8M | $1.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0085% | 8h | 0.3441 | −0.002% | $9.6M | $2.5M | 75x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3439 | −0.041% | $33K | — | 3x | as long as short |
| SoDEX TRX-USD | +0.0088% | 1h | 0.3441 | +0.016% | $405 | $5K | 5x | as long as short |
| Orderly PERP_TRX_USDC | +0.0091% | 8h | 0.3441 | +0.021% | $14K | $107K | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3441 | +0.001% | $482K | $630K | 10x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.065% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3441 | +0.024% | $9.5M | $2.2M | 75x | as long as short |
| BingX TRX-USDT | +0.0100% | 8h | 0.3441 | +0.021% | — | $40.0M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3444 | +0.087% | $588K | $437K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3445 | +0.129% | $115K | $565K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3442 | +0.043% | $196K | $925K | 30x | as long as short |
| BloFin TRX-USDT | +0.0129% | 8h | 0.3441 | +0.019% | $4.6M | $4.0M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.041% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0502% | 1h | 0.3445 | +0.128% | $829K | $414K | 25x | as long as short |
OKX TRX-USDT-SWAP
Extended TRX-USD
MEXC TRX_USDT
Binance TRXUSDT
Aster TRXUSDT
Kraken Futures PF_TRXUSD
Paradex TRX-USD-PERP
Phemex TRXUSDT
Gate TRX_USDT
Aevo TRX-PERP
SoDEX TRX-USD
Orderly PERP_TRX_USDC
Lighter TRX
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDT
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL