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: OKX against Binance+0.106%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days−0.152%−$15 · spread now +0.106%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.065% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRBUSDT | 19.090 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $5.0M | $10.1M | 50x |
| Short | OKX TRB-USDT-SWAP | 19.110 | 0.0100 | get 0.0050% / 4h | 2h 32m | $4.4M | $4.6M | 20x |
Binance TRBUSDT
OKX TRB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.106% → +0.041%
- $6.49
- Slippage, 4 orders
- −$48.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$62.21
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; OKX: live order book, 1 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, 8 min ago | 1.05 bp | 16.0 bp −$16 | 60.1 bp −$601 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.62 bp | 17.3 bp −$17 | 134.4 bp −$1,344 | 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 | 19.108 | +0.095% | $529K | $194K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.090 | 0.000% | $9K | $24K | 5x | as long as short |
| Binance TRBUSDTlong | +0.0100% | 4h | 19.090 | long leg | $5.0M | $10.1M | 50x | |
| Bybit TRBUSDT | +0.0100% | 4h | 19.125 | +0.184% | $6.3M | $1.9M | 50x | as long as short |
| OKX TRB-USDT-SWAPshort | +0.0100% | 4h | 19.110 | +0.106% | $4.4M | $4.6M | 20x | |
| Gate TRB_USDT | +0.0100% | 4h | 19.110 | +0.106% | $531K | $1.5M | 50x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.091 | +0.006% | $14.3M | $862K | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.098 | +0.043% | $1.1M | $310K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.096 | +0.032% | $1.2M | $1.3M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.106 | +0.085% | — | $16.3M | — | as long as short |
Hyperliquid TRB
Aster TRBUSDT
Bybit TRBUSDT
Gate TRB_USDT
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 | +0.0100% | 4h | 19.122 | +0.170% | $14K | $3K | — | as long as short |
| BloFin TRB-USDT | +0.0151% | 4h | 19.095 | +0.027% | $363K | $177K | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1331% | 1h | 19.120 | +0.160% | $102K | $97K | 10x | as long as short |
Variational Omni TRB
BloFin TRB-USDT
Kraken Futures PF_TRBUSD