Funding you earn now, next payment 04:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.014%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$780.778% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.014%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, 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 | Binance TRBUSDT | 19.307 | 0.0100 | pay 0.0050% / 4h | 0m 29s | $5.2M | $11.0M | 50x |
| Short | BloFin TRB-USDT | 19.310 | 0.0125 | get 0.0062% / 4h | 0m 29s | $368K | $172K | 50x |
Binance TRBUSDT
BloFin TRB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $5.22
- Price spread: +0.014% → −0.002%
- $1.54
- Slippage, 4 orders
- −$55.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.06
- Costs to cover
- 0.778%
- Break-even
- 102.4 days
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 32 min ago.
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 Binance live order book, 9 min ago | 1.30 bp | 15.9 bp −$16 | 55.0 bp −$550 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 2.60 bp | 24.6 bp −$25 | 51.3 bp −$513 | doesn't fit | doesn't fit |
TRB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.319 | +0.060% | $482K | $260K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.319 | +0.059% | $10K | $20K | 5x | as long as short |
| Binance TRBUSDTlong | +0.0100% | 4h | 19.307 | long leg | $5.2M | $11.0M | 50x | |
| Bybit TRBUSDT | +0.0100% | 4h | 19.338 | +0.159% | $6.3M | $2.1M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.330 | +0.117% | $4.5M | $5.2M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.317 | +0.050% | $15.5M | $1.1M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.332 | +0.128% | $1.2M | $316K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.319 | +0.060% | $1.3M | $1.5M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.324 | +0.086% | — | $16.2M | — | as long as short |
| Variational Omni TRB | +0.0100% | 4h | 19.338 | +0.159% | $15K | $4K | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDT
Variational Omni TRBShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDTshort | +0.0125% | 4h | 19.310 | +0.014% | $368K | $172K | 50x | |
| Gate TRB_USDT | +0.0254% | 4h | 19.340 | +0.169% | $569K | $2.0M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1096% | 1h | 19.338 | +0.161% | $103K | $99K | 10x | as long as short |
Gate TRB_USDT
Kraken Futures PF_TRBUSD