TRB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0053%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against BloFin−0.092%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$650.650% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 3 days (all we have)+0.218%+$22 · spread now −0.092%, 7d avg −0.003%

Together, before fees+0.221%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.089% cheaper against BloFin than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.003%). If the spread goes back, that is −$9 on $10k: about 5.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.003% in total) that is about 8 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRB-USDT	19.100	0.0047	pay 0.0023% / 4h	1h 38m	$360K	$174K	50x
Short	Binance TRBUSDT	19.082	0.0100	get 0.0050% / 4h	1h 38m	$5.0M	$10.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.092%Rate

Funding earned: $11.23
Price spread: −0.092% → −0.003%: −$8.87
Slippage, 4 orders: −$43.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$62.66
Costs to cover: 0.650%
Break-even: 46.1 days

Slippage from BloFin: live order book, 41 min ago; Binance: 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 BloFin live order book, 41 min ago	0.52 bp	16.4 bp −$16	39.2 bp −$392	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.26 bp	15.0 bp −$15	56.9 bp −$569	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-USDTlong	+0.0047%	4h	19.100	long leg	$360K	$174K	50x
Hyperliquid TRB	+0.0100%	1h	19.092	−0.042%	$486K	$225K	3x	as long as short
Aster TRBUSDT	+0.0100%	4h	19.092	−0.042%	$10K	$21K	5x	as long as short
Binance TRBUSDTshort	+0.0100%	4h	19.082	−0.092%	$5.0M	$10.2M	50x
Bybit TRBUSDT	+0.0100%	4h	19.119	+0.099%	$6.3M	$1.9M	50x	as long as short
OKX TRB-USDT-SWAP	+0.0100%	4h	19.100	0.000%	$4.4M	$4.6M	20x	as long as short
MEXC TRB_USDT	+0.0100%	4h	19.081	−0.099%	$14.4M	$898K	125x	as long as short
KuCoin TRBUSDTM	+0.0100%	4h	19.094	−0.031%	$1.1M	$304K	50x	as long as short
Bitget TRBUSDT	+0.0100%	4h	19.085	−0.079%	$1.2M	$1.3M	50x	as long as short
BingX TRB-USDT	+0.0100%	4h	19.103	+0.016%	—	$16.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRB	+0.0100%	4h	19.162	+0.326%	$14K	$3K	—	as long as short
Gate TRB_USDT	+0.0242%	4h	19.120	+0.105%	$577K	$1.5M	50x	as long as short
Kraken Futures PF_TRBUSD	+0.1240%	1h	19.111	+0.058%	$101K	$98K	10x	as long as short