Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Variational Omni+0.071%7-day average +0.058% · 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)+0.056%+$6 on $10k
+Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.071%, 7d avg +0.058%
=Together, before fees+0.043%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$3 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 | 0.3439 | −0.0082 | get 0.0082% / 8h | 1h 25m | $562K | $39K | — |
| Short | MEXC TRX_USDT | 0.3442 | 0.0013 | get 0.0013% / 8h | 1h 25m | $18.2M | $1.7M | 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
- $19.98
- Price spread: +0.071% → +0.058%
- $1.28
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $17.26
- Costs to cover
- 0.040%
- Break-even
- 1.0 days
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; MEXC: live order book, 3 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, 59 min ago | 5.82 bp | doesn't fit | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.14 bp | 2.1 bp −$2 | 4.1 bp −$41 | 25.3 bp −$2,530 | 39.5 bp −$19.8K |
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 | 0.3441 | +0.050% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.056% | $1K | $163K | 12x | as long as short |
| Variational Omni TRXlong | −0.0082% | 8h | 0.3439 | long leg | $562K | $39K | — | |
| Phoenix TRX | −0.0070% | 1h | 0.3441 | +0.068% | $5K | $13K | 10x | as long as short |
| Bybit TRXUSDT | −0.0062% | 8h | 0.3441 | +0.056% | $54.7M | $8.2M | 75x | as long as short |
| KuCoin TRXUSDTM | −0.0050% | 8h | 0.3441 | +0.047% | $8.7M | $3.6M | 75x | as long as short |
| HTX TRX-USDT | −0.0020% | 8h | 0.3441 | +0.058% | $826K | $718K | 75x | as long as short |
| Backpack TRX_USDC_PERP | −0.0013% | 1h | 0.3441 | +0.050% | $58K | $4K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3442 | +0.097% | $181K | $10K | 10x | as long as short |
| OKX TRX-USDT-SWAP | 0.0000% | 8h | 0.3441 | +0.059% | $15.6M | $8.8M | 50x | as long as short |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Phoenix TRX
Bybit TRXUSDT
KuCoin TRXUSDTM
HTX TRX-USDT
Backpack TRX_USDC_PERP
dYdX TRX-USD
OKX TRX-USDT-SWAPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TRXUSDT | +0.0001% | 8h | 0.3442 | +0.071% | $957K | $658K | 75x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.106% | $121K | — | 150x | as long as short |
| MEXC TRX_USDTshort | +0.0013% | 8h | 0.3442 | +0.071% | $18.2M | $1.7M | 200x | |
| SoDEX TRX-USD | +0.0014% | 1h | 0.3442 | +0.071% | $400 | $5K | 5x | as long as short |
| Binance TRXUSDT | +0.0014% | 8h | 0.3442 | +0.074% | $99.3M | $48.3M | 75x | as long as short |
| Lighter TRX | +0.0016% | 1h | 0.3441 | +0.053% | $482K | $637K | 10x | as long as short |
| Extended TRX-USD | +0.0016% | 1h | 0.3441 | +0.045% | $196K | $1.1M | 25x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3443 | +0.109% | $1.9M | $1.0M | 25x | as long as short |
| BloFin TRX-USDT | +0.0049% | 8h | 0.3440 | +0.030% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0050% | 8h | 0.3441 | +0.052% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0072% | 8h | 0.3442 | +0.071% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0088% | 1h | 0.3440 | +0.021% | $33K | — | 3x | as long as short |
| Gate TRX_USDT | +0.0089% | 8h | 0.3441 | +0.059% | $9.6M | $2.5M | 75x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | +0.068% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.120% | $13.2M | $2.2M | 10x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3442 | +0.074% | $9.4M | $2.0M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3441 | +0.065% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3440 | +0.019% | $587K | $430K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.068% | $115K | $548K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.106% | $196K | $918K | 30x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0238% | 1h | 0.3445 | +0.160% | $832K | $411K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.095% | $20K | — | 100x | as long as short |
Aster TRXUSDT
gTrade (Gains Network) TRX/USD
SoDEX TRX-USD
Binance TRXUSDT
Lighter TRX
Extended TRX-USD
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
Gate TRX_USDT
Orderly PERP_TRX_USDC
Hyperliquid TRX
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]