Settings8H · net · $10k
Funding arb · Price arb /

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.008%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$860.860% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 days+0.058%+$6 · spread now +0.008%, 7d avg +0.075%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.067% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TRBUSDT19.1110.0100pay 0.0050% / 4h1h 44m$5.0M$10.2M50x
ShortBitget TRBUSDT19.1130.0100get 0.0050% / 4h1h 44m$1.2M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.008% → +0.075%
−$6.65
Slippage, 4 orders
−$64.03
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$92.68
Costs to cover
0.860%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago1.31 bp16.6 bp −$1762.9 bp −$629doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.93 bp28.2 bp −$2893.9 bp −$939doesn't fitdoesn't fit

TRB on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TRB+0.0100%1h19.124+0.066%$487K$226K3xas long as short
Aster TRBUSDT+0.0100%4h19.081−0.160%$10K$21K5xas long as short
Binance TRBUSDTlong+0.0100%4h19.111long leg$5.0M$10.2M50x
Bybit TRBUSDT+0.0100%4h19.155+0.228%$6.3M$1.9M50xas long as short
OKX TRB-USDT-SWAP+0.0100%4h19.140+0.149%$4.5M$4.6M20xas long as short
MEXC TRB_USDT+0.0100%4h19.111−0.002%$14.5M$897K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.120+0.045%$1.1M$304K50xas long as short
Bitget TRBUSDTshort+0.0100%4h19.113+0.008%$1.2M$1.3M50x
BingX TRB-USDT+0.0100%4h19.127+0.081%$16.5Mas long as short
Variational Omni TRB+0.0100%4h19.120+0.044%$14K$3Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRB_USDT+0.0150%4h19.110−0.008%$574K$1.5M50xas long as short
BloFin TRB-USDT+0.0156%4h19.091−0.107%$359K$174K50xas long as short
Kraken Futures PF_TRBUSD+0.1238%1h19.131+0.104%$103K$98K10xas long as short