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

TRB

all TRB markets
SwapBacktest
Alert: funding
Alert: spread
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: Bybit against Bitget+0.157%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1101.099% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.100%−$10 · spread now +0.157%, 7d avg +0.067%
Together, before fees−0.098%−$10 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 0.090% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TRBUSDT19.1260.0100pay 0.0050% / 4h1h 44m$1.2M$1.3M50x
ShortBybit TRBUSDT19.1560.0100get 0.0050% / 4h1h 44m$6.3M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.157% → +0.067%
$8.99
Slippage, 4 orders
−$86.86
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$100.86
Costs to cover
1.099%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago3.93 bp22.5 bp −$2297.4 bp −$974doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.39 bp30.8 bp −$31106.8 bp −$1,068doesn'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%1h19.128+0.010%$487K$226K3xas long as short
Aster TRBUSDT+0.0100%4h19.096−0.158%$10K$21K5xas long as short
Binance TRBUSDT+0.0100%4h19.121−0.026%$5.0M$10.2M50xas long as short
Bybit TRBUSDTshort+0.0100%4h19.156+0.157%$6.3M$1.9M50x
OKX TRB-USDT-SWAP+0.0100%4h19.140+0.073%$4.5M$4.6M20xas long as short
MEXC TRB_USDT+0.0100%4h19.127+0.005%$14.5M$897K125xas long as short
KuCoin TRBUSDTM+0.0100%4h19.100−0.136%$1.1M$308K50xas long as short
Bitget TRBUSDTlong+0.0100%4h19.126long leg$1.2M$1.3M50x
BingX TRB-USDT+0.0100%4h19.122−0.021%$16.5Mas long as short
Variational Omni TRB+0.0100%4h19.120−0.032%$14K$3Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TRB_USDT+0.0150%4h19.110−0.084%$574K$1.5M50xas long as short
BloFin TRB-USDT+0.0156%4h19.091−0.183%$359K$174K50xas long as short
Kraken Futures PF_TRBUSD+0.1238%1h19.131+0.028%$103K$98K10xas long as short