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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.021%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.927% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days+0.080%+$8 · spread now +0.021%, 7d avg +0.078%
Together, before fees+0.091%+$9 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: Bybit is 0.057% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TRB-USDT19.3160.0100pay 0.0050% / 4h3h 19m$16.4M
ShortBybit TRBUSDT19.3200.0100get 0.0050% / 4h3h 19m$6.4M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.021% → +0.078%
−$5.74
Slippage, 4 orders
−$71.73
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$98.46
Costs to cover
0.927%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 4 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 BingX live order book, 4 min ago5.42 bp22.5 bp −$2260.1 bp −$601225.3 bp −$22.5K336.3 bp −$168.1K
Sell Bybit live order book, 4 min ago5.41 bp25.4 bp −$25109.6 bp −$1,096doesn'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%1h19.301−0.078%$484K$227K3xas long as short
Aster TRBUSDT+0.0100%4h19.312−0.022%$9K$20K5xas long as short
Binance TRBUSDT+0.0100%4h19.291−0.127%$5.1M$10.2M50xas long as short
Bybit TRBUSDTshort+0.0100%4h19.320+0.021%$6.4M$2.0M50x
OKX TRB-USDT-SWAP+0.0100%4h19.280−0.186%$4.4M$4.7M20xas long as short
MEXC TRB_USDT+0.0100%4h19.299−0.088%$14.8M$950K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.334+0.093%$1.2M$305K50xas long as short
Bitget TRBUSDT+0.0100%4h19.325+0.047%$1.3M$1.4M50xas long as short
BingX TRB-USDTlong+0.0100%4h19.316long leg$16.4M
BloFin TRB-USDT+0.0128%4h19.336+0.104%$364K$172K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TRB+0.0325%4h19.375+0.307%$15K$4Kas long as short
Gate TRB_USDT+0.0454%4h19.350+0.176%$607K$1.5M50xas long as short
Kraken Futures PF_TRBUSD+0.2135%1h19.329+0.065%$103K$99K10xas long as short