Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against Binance+0.167%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now +0.167%, 7d avg +0.085%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.082% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRBUSDT | 19.168 | 0.0100 | pay 0.0050% / 4h | 59m 08s | $5.1M | $10.2M | 50x |
| Short | Gate TRB_USDT | 19.200 | 0.0280 | get 0.0140% / 4h | 59m 08s | $579K | $1.5M | 50x |
Binance TRBUSDT
Gate TRB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $37.8
- Price spread: +0.167% → +0.085%
- $8.2
- Slippage, 4 orders
- −$44.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$23.76
- Costs to cover
- 0.698%
- Break-even
- 11.4 days
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 3 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, 11 min ago | 0.52 bp | 17.4 bp −$17 | 59.4 bp −$594 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.21 bp | 16.6 bp −$17 | 27.9 bp −$279 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TRB-USDT | +0.0071% | 4h | 19.159 | −0.047% | $358K | $173K | 50x | as long as short |
| Hyperliquid TRB | +0.0100% | 1h | 19.177 | +0.047% | $483K | $228K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.179 | +0.057% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDTlong | +0.0100% | 4h | 19.168 | long leg | $5.1M | $10.2M | 50x | |
| Bybit TRBUSDT | +0.0100% | 4h | 19.200 | +0.167% | $6.3M | $1.9M | 50x | as long as short |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.180 | +0.063% | $4.4M | $4.6M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.170 | +0.010% | $14.6M | $913K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.193 | +0.130% | $1.1M | $302K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.186 | +0.094% | $1.2M | $1.3M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.180 | +0.063% | — | $16.5M | — | as long as short |
BloFin TRB-USDT
Hyperliquid TRB
Aster TRBUSDT
Bybit TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRB | +0.0141% | 4h | 19.216 | +0.250% | $14K | $3K | — | as long as short |
| Gate TRB_USDTshort | +0.0280% | 4h | 19.200 | +0.167% | $579K | $1.5M | 50x | |
| Kraken Futures PF_TRBUSD | +0.1137% | 1h | 19.197 | +0.150% | $102K | $99K | 10x | as long as short |
Variational Omni TRB
Kraken Futures PF_TRBUSD