TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against Bitget−0.115%85s7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$830.833% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 3 days (all we have)−0.099%−$10 · spread now −0.115%, 7d avg −0.070%

Together, before fees−0.118%−$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.045% cheaper against Bitget than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of −0.070%). If the spread goes back, that is −$5 on $10k: about 2.7 days of funding at the current rate (+$2 a day). The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TRBUSDT	19.113	0.0100	pay 0.0050% / 4h	1h 43m	$1.2M	$1.3M	50x
Short	BloFin TRB-USDT	19.091	0.0156	get 0.0078% / 4h	1h 43m	$359K	$174K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now −0.115%Rate

Funding earned: $11.85
Price spread: −0.115% → −0.070%: −$4.52
Slippage, 4 orders: −$59.26
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$75.92
Costs to cover: 0.833%
Break-even: 51.8 days

Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 36 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 Bitget live order book, 3 min ago	3.93 bp	22.5 bp −$22	97.4 bp −$974	doesn't fit	doesn't fit
Sell BloFin live order book, 36 min ago	0.52 bp	16.2 bp −$16	37.8 bp −$378	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	19.125	+0.063%	$487K	$226K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.082	−0.161%	$10K	$21K	5x	as long as short
Binance TRBUSDT	+0.0100%	4h	19.124	+0.055%	$5.0M	$10.2M	50x	as long as short
Bybit TRBUSDT	+0.0100%	4h	19.156	+0.225%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.140	+0.141%	$4.5M	$4.6M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.114	+0.005%	$14.5M	$897K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.117	+0.021%	$1.1M	$304K	50x	as long as short
Bitget TRBUSDTlong	+0.0100%	4h	19.113	long leg	$1.2M	$1.3M	50x
BingX TRB-USDT	+0.0100%	4h	19.128	+0.078%	—	$16.5M	—	as long as short
Variational Omni TRB	+0.0100%	4h	19.120	+0.036%	$14K	$3K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRB_USDT	+0.0150%	4h	19.110	−0.016%	$574K	$1.5M	50x	as long as short
BloFin TRB-USDTshort	+0.0156%	4h	19.091	−0.115%	$359K	$174K	50x
Kraken Futures PF_TRBUSD	+0.1238%	1h	19.131	+0.096%	$103K	$98K	10x	as long as short