Funding you earn now, next payment 08:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.011%
Price spread now: KuCoin against Variational Omni+0.041%7-day average +0.052% · 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)+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.041%, 7d avg +0.052%
=Together, before fees+0.073%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRX | 0.3466 | 0.0100 | pay 0.0100% / 8h | 6h 45m | $566K | $37K | — |
| Short | KuCoin TRXUSDTM | 0.3467 | −0.0037 | pay 0.0037% / 8h | 6h 45m | $8.7M | $3.5M | 75x |
Variational Omni TRX
KuCoin TRXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$28.77
- Price spread: +0.041% → +0.052%
- −$1.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$41.78
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 24 min ago; KuCoin: live order book, 8 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, 24 min ago | 5.78 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 1.01 bp | 11.7 bp −$12 | 63.6 bp −$636 | 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 | 0.3466 | +0.013% | $5 | — | 20x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3468 | +0.053% | $5K | $14K | 10x | as long as short |
| KuCoin TRXUSDTMshort | −0.0037% | 8h | 0.3467 | +0.041% | $8.7M | $3.5M | 75x | |
| dYdX TRX-USD | 0.0000% | 1h | 0.3466 | +0.014% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3467 | +0.031% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0006% | 1h | 0.3466 | −0.005% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.720% | $1K | $163K | 12x | as long as short |
| Orderly PERP_TRX_USDC | +0.0093% | 8h | 0.3466 | −0.008% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0096% | 8h | 0.3467 | +0.018% | $9K | $251 | 20x | as long as short |
| Lighter TRX | +0.0096% | 1h | 0.3466 | +0.010% | $485K | $618K | 10x | as long as short |
Reya TRXRUSDPERP
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERP
Lighter TRXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRX | +0.0100% | 1h | 0.3469 | +0.076% | $13.2M | $2.3M | 10x | as long as short |
| Aster TRXUSDT | +0.0100% | 8h | 0.3468 | +0.047% | $958K | $669K | 75x | as long as short |
| Binance TRXUSDT | +0.0100% | 8h | 0.3467 | +0.027% | $101.9M | $49.9M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3467 | +0.030% | $55.1M | $8.8M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3467 | +0.039% | $15.5M | $8.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3467 | +0.030% | $9.7M | $2.6M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3467 | +0.027% | $18.6M | $1.9M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3468 | +0.056% | $10.4M | $3.1M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3467 | +0.041% | — | $6.5M | — | as long as short |
| Variational Omni TRXlong | +0.0100% | 8h | 0.3466 | long leg | $566K | $37K | — | |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3466 | −0.012% | $591K | $446K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3465 | −0.025% | $115K | $566K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3464 | −0.066% | $197K | $1.0M | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3467 | +0.027% | $403 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3465 | −0.017% | $833K | $793K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3467 | +0.015% | $3.9M | $1.7M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3466 | +0.008% | $195K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3465 | −0.034% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3465 | −0.022% | $4.6M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3467 | +0.019% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0525% | 1h | 0.3468 | +0.063% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0546% | 1h | 0.3470 | +0.120% | $786K | $424K | 25x | as long as short |
Hyperliquid TRX
Aster TRXUSDT
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL